Ravenwood - 03/21/05 06:15 AM
CNN's headline reads "Gas prices soar 13 cents to record high". But then when you read the article, you find out it didn't.
The average price of a gallon of self-serve, regular gasoline shot up nearly 13 cents over the past two weeks, to a record $2.10, a national survey said Sunday. [...]So if CNN admits that gas prices are not at record highs, how come they mention it several times? And I'm not talking about "a national survey says" that gas prices are at record highs. CNN makes a point of correcting what the national survey says, yet both of their headlines explicitly make the same claim.Adjusted for inflation, the current gas price is not a record. That occurred in March 1981, when the Iranian revolution set off skyrocketing prices on the spot-oil market.
Meanwhile, Fox News picks up the Reuters wire report which doesn't even bother to mention inflation.
Category: Blaming the Media
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