Iraq and Cheap Oil! (Not!)

Fox News is devoting a Stock Smarts broadcast 11:26 EDT today by pushing the idea that the elections in Iraq will result in lower oil prices. Thankfully, most financial experts they have on suggests that this is not the case. In fact, one expert said he felt indications were that oil prices would be on the rise. But the print on the screen varies between "Iraq and Cheap Oil!" and "If elections work in Iraq, will oil prices fall?"
There seems to be a discconnect between reality (the price of oil and stabilitly in the region) and the theme or frame they suggest.
One has to wonder why Fox would devote an entire show to explore an idea that shows no resemblance to reality. It smacks of intentional manipulation. May the good journalist beware.

Submitted by Krista Bradford on Sat, 2005-01-29 16:35.
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