Oil Drilling in Environmentally Sensitive Areas: The Role of the Media
AbstractThis paper examines television news coverage of proposed drilling for oil in environmentally sensitive zones in the United States. It finds that these broadcasts almost completely ignored data, and conclusions, from the U.S. Department of Energy’s Energy Information Agency (EIA). The EIA finds that the benefits from such drilling would be too small to have a significant effect on the price of oil. There is no legitimate reason for this omission in the media. Just as economic reporting regularly uses data (unemployment, inflation, GDP, trade) from the U.S. Bureau of Economic Analysis, or Bureau of Labor Statistics, reporting on energy relies on data from the EIA.
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Bibliographic InfoPaper provided by Center for Economic and Policy Research (CEPR) in its series CEPR Reports and Issue Briefs with number 2008-24.
Length: 4 pages
Date of creation: Sep 2008
Date of revision:
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- Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics
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- Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-01-10 (All new papers)
- NEP-CUL-2009-01-10 (Cultural Economics)
- NEP-ENE-2009-01-10 (Energy Economics)
- NEP-ENV-2009-01-10 (Environmental Economics)
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