As gas prices surged during the first half of the year, Fox News relentlessly blamed the White House for the increased pain at the pump. However, they were slow to acknowledge the steady price drop at the pump over the past month.
, the price average national price of a gallon of regular unleaded gas has dropped nearly 40 cents since hitting its peak of $5.02., co-anchor John Roberts finally broke the news to Fox News viewers that the price of gas was “creeping back down” near his home. His colleague Sandra Smith, however, suggested that this may not be entirely a good thing.Wall Street Journal
, that gas prices are actually coming back down historically faster with the price of oil than usual.” Smith continued: “And it just goes to show you what an incredible risk-reward calculation has to happen on the part of those small—independently owned, most of them—mom-and-pop gas stations. It’s a struggle for all of them!”
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