Friday, July 11, 2008

Headlines can be deceiving

Headline on CNN: Gasoline Prices Slip Again
My Reaction: That's good news
Actual Article Content: "The average price of unleaded gasoline fell to $4.096 a gallon from $4.104 the previous day. The nationwide average is down nearly a penny from the all-time high of 4.108 a gallon."
Revised Reacation: This is not news.

Nearly a Penny? Thank goodness for this relief at the pump. How is this relevant? Seriously, are gas prices really slipping when they fall by 8/10 of a cent? I know math & business sticklers will say yes, but this is not news.

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