Media Ignores Russia's Influence on Oil Prices

Did you hear this weekend about that giant country that invaded the other country? The business media apparently haven't -- or at least they don't think it's worth a mention.

But we'll get to their oily oversight in a moment. First, a review, because it's all part of a pattern.

When the oil market was rising, we saw the business media ignore reality and good reason to frame the market as something that would go up forever. Who could forget what The Business Press Maven back in May called the dumbest headline he had seen in his entire misspent life: "Oil Hits $129, Heads for $130."

They Just Don't Get Oil!

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