Tag Archives: big oil

Network News Negligence

Why do the network news people continue to ignore the fact that big oil is raking in record profits as gasoline prices continue to rise – and that those same big oil companies, control prices from the refineries, which they own, to the pump?

It is possible, I suppose, that the mammoth public relations apparatus that the oil industry has in place to control and contain the conversation surrounding their business and its impact on the country, is simply too powerful and pervasive for the once mighty network news operations to fathom, much less penetrate and expose.

Free trade is a wonderful thing, but one has to wonder how free the oil trade really is when all the big oil companies are charging pretty much the same price – an almost universal price that continues to rise? Instead of taking a trip to talk to the Saudis, who appear to be tied to the murder of at least one journalist and who treat women like chattel, President Biden, should be calling in the CEO’s of big oil (again) to talk about a windfall profits tax, which, it appears, he will have to institute by executive order since senate Republicans have already rejected windfall profits legislation. For their part, network news execs, should be taking refresher courses in journalism.