Rising
gas prices used to be big news, but not so these days. Although the
national average climbed to $3.56 on Feb. 20, setting a February record
after going up nearly a month straight, there was far less coverage than
in 2008. Broadcast networks repeatedly covered the rise under the Bush
presidency. Gas prices bounced around eventually reaching $3.56-a-gallon
on April 24, 2008.
The
Business and Media Institute analyzed broadcast network news references
to gas or fuel prices between Jan. 20 and Feb. 20, 2012 and from March
24 and April 24, 2008. BMI found that in the 2008 period there were more
than 4 times as many gas prices stories, news briefs or news headlines
on ABC, CBS and NBC as there were in 2012 (97 to 21).
Coverage
during the time periods differed not only in quantity, but in tone as
well. During Bush’s tenure, gas prices were a huge economic threat and
cause of suffering. The networks also used the high gas prices to attack
the administration. In 2012, the networks aired mostly matter-of-fact
stories on the rising gas prices, and worried primarily that they would
hinder the economic recovery, not that they are making people suffer.
Dismal
broadcast network reports about “skyrocketing” gas prices filled the
newscasts in 2008. There were reports about businesses closing, airlines
struggling and truckers protesting -- all because of the high prices.
One ABC report said families were facing the “tough choice” between food
or fuel. Others said that “wallets were running on empty” and consumers were told over and over that there was no relief in sight. But by the end of November 2008, prices had collapsed to $1.82.
The
networks weren’t simply reporting the painfully high gas prices in
early 2008 though, in many cases they were exaggerating them. NBC’s
“Today” focused on Redwood City, Calif. on March 6 where regular
gasoline cost $3.99, according to the photograph NBC aired.
The national average for gas that day was $3.19 a gallon. Ann Curry
also failed to tell viewers that California has the highest state
gasoline tax in the nation, a whopping 45.5 cents a gallon at that time.
On
gasoline specifically, reporters have routinely showed photos of
extreme pump prices despite lower national averages. The Business and
Media Institute documented this trend in 2007, 2006 and 2005.
But
now, in 2012, gas prices stories are very different. “[W]e’re seeing
gas prices creep up every single week,” said one ABC reporter after
delivering a positive economic report about the Dow Jones Industrial
Average closing in on 13,000 for the first time since 2008. One CBS
story just pointed out that if certain steps are taking against Iran,
gas prices everywhere could move sharply higher.
Although
the time periods BMI analyzed were the same length and ended with the
same national average price for gasoline, due to price fluctuations they
were not identical. In 2008, prices rose from $3.26 to $3.56 in the
month we examined. In 2012, prices were already higher ($3.38 on Jan.
20).
Networks Hype Rising Gas Prices 4 Times More for Bush, Than Obama
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