On the Friday before Memorial Day weekend, Fox News unveiled a flashy new lead-in animation: as foreboding music plays, gasoline prices spin upwards of $6 and "GAS CRISIS" splashes across the screen.
Unfortunately for Fox, the graphic was launched at an inconvenient time -- gas prices fell in the lead up to Memorial Day and the segment was actually about the drop in prices. Recently, Fox has been caught in an awkward position: after relentlessly and baselessly blaming Obama for the rise in gas prices earlier this year, a drop in prices has blunted these attacks, leaving Fox scrambling to explain that low prices might be a bad thing, or if they're a good thing, it's certainly not because of anything Obama did. Talking heads on Fox had predicted that gas could rise as high as $8 a gallon, even though energy expert Tom Kloza had dismissed claims that gas prices would rise to $5 this summer as "nonsense."
In the above segment, after playing the "gas crisis" graphic, Fox hosted New York Times reporter Annie Lowrey, who explained the worldwide market factors causing the recent drop in gas prices. While Fox is now acknowledging how worldwide economic factors drive gas prices, the network continues to push the misleading comparison to the price when Obama was inaugurated without mentioning that the low price was caused by the massive economic recession. For instance, this is Fox Business' go-to graphic for gas prices:
While Fox struggles to find its footing with the current facts, it's clear that it has some attacks, and a new graphic, on the back burner if there is another spike in gas prices. Chances are New York Times reporters and global market forces won't be making as many appearances.