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Wednesday, November 09, 2005

Waiting for the In-Depth Series On Cheaper Gas

The headline is Senators Question Oil Industry Executives on washingtonpost.com's homepage; the lede:

For the nation's top oilmen, it is a new and uncomfortable reality. They were summoned by the Republican leadership of the Senate and appeared this morning before two congressional panels to explain why prices climbed as high as they did and what they intend to do with their companies' soaring profits.

It was a spike. It is de-spiking.

You can tell the facts and not exactly the truth. The oilmen were summoned by Congress and reporter Justin Bloom undoubtedly doesn't err in saying they'll be asked to explain--to explain--what they intend to do with their profits.

Here's another headline: Gas Prices Plummet. There's a story there. Here's a hint: Prices for 87-octane (cheapo regular) at an undisclosed 7-11. The first photo below left was taken soon after Katrina. The second was taken today.

Img_0082_1Picture


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Listed below are links to weblogs that reference Waiting for the In-Depth Series On Cheaper Gas:

» House Moderates Block New Oil Drilling, Then Drive Home from The Commons Blog
The Senate blamed oil executives for oil supply shortages Wednesday, while the House, finding its budget-saving measure held hostage by a tiny group of anti-drilling Republican moderates, decided to drop an effort to permit drilling for oil. From the W... [Read More]

» House Moderates Block New Oil Drilling, Then Drive Home from The Commons Blog
The Senate blamed oil executives for oil supply shortages Wednesday, while the House, finding its budget-saving measure held hostage by a tiny group of anti-drilling Republican moderates, decided to drop an effort to permit drilling for oil. From the W... [Read More]

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