Mind the gap: left and right and mainstream media. Oil slides. BP, Greenpeace zigzag.

In Home, News by wp_sysadmin

No fix
Craig Medred, June 17, 2019

A Pew Research survey out at the start of the month found the citizenry ranking “made-up news” one of the country’s  greatest problems, and they expect journalists to fix it.

“Indeed, more Americans view made-up news as a very big problem for the country than identify terrorism, illegal immigration, racism and sexism that way,” Pew reported.

Our take: Medred really hits the nail on the head when he outlines the “Publish or die” mentality—possibly the same mentality that allows pictures of mountain estuaries to accompany articles on Pebble Mine: ‘They live on “traffic,” the churn of viewers on the web. Immediacy is viewed as the currency of the day. The goal isn’t really to cover anything; it’s to get as many different things as possible into play as soon as possible. Fact checking? Fact checking? Who has time for fact checking?’

Oil’s Slide Highlights Global-Growth Fears
Amrith Ramkumar and Ira Iosebashvili, The Wall Street Journal, June 17, 2019

Brent crude, the global price benchmark, posted its third weekly drop in four weeks even after the tanker attacks. Brent is 17% below its April peak and down about the same amount in the past year. U.S. crude oil is in a bear market, down more than 20% since late April.

BP rig zigzags North Sea in chase with Greenpeace ship
Ron Bousso, Reuters, June 17, 2019

LONDON (Reuters) – A BP drilling rig heading to an oilfield in the British North Sea has been forced to turn away twice over the past two days as a Greenpeace vessel protesting climate change tries to hamper its progress. The high-sea chase is the latest step in Greenpeace’s nine-day effort to stop the 40,000 tonne Paul Loyd JNR rig from reaching the Vorlich oilfield to start its drilling campaign.