Wednesday, July 06, 2011
The Media - The New York Times
The New York Times is no longer automatically accepted as accurate.
Their news stories and opinions are scrutinized and criticized when they come up short...
Their news stories and opinions are scrutinized and criticized when they come up short...
Tina Korbe writes about this one at HotAir.com:
"The Gray Lady blew a spectacular bit of smoke with a recent article that suggested shale natural gas production is a shaky investment at best and, at worst, a Ponzi scheme of sorts, destined to devastate those who buy the 'lie' that shale plays will not only produce high profits for companies, but will also provide affordable energy for the country.
The piece — 'Insiders Sound an Alarm Amid a Natural Gas Rush' — appeared in the Sunday New York Times and implied natural gas companies intentionally or even illegally overstate the productivity of their wells and the size of their reserves. The article mentioned by name (among others) Aubrey K. McClendon, CEO of Chesapeake Energy Corporation, the second-largest producer of natural gas in the country. The piece juxtaposed a McClendon quote — 'It’s time to get bullish on natural gas' — with supposed 'facts' that suggest no reason to be bullish exists.
By Sunday night, McClendon had already responded to the inaccurate and misleading article. In an internal all-staff e-mail, McClendon reminded Chesapeake employees of the facts NYT reporter Ian Urbina conveniently chose to ignore."
