A news report whenever gasoline prices hit a new high, usually provides an example of media ignorance and slant.
When oil prices go down, the media overlooks that news.
So the public remains ignorant of the fact that oil company profits average only 8 cents on a dollar of revenues. And that the administration keeps holding back new drilling and refining capability. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)
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