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NBC and ABC both covered the climb of crude oil prices towards that $100-a-barrel mark. Now nearly $92, a barrel cost just $60 a year ago, ABC's David Muir remarked. He ticked off three oil producing countries with uncertain supplies: Iran, because of frictions with the United States; Iraq, because of frictions with Turkey; and Nigeria, where an oil rig has been sabotaged. Adjusted for inflation, the record high price was $100 in 1980, Muir reminded us, "so we are not there yet." NBC for its lead turned to Trish Regan of its sibling financial channel CNBC. She predicted the domestic ripple effect of rising crude: the annual inflation in home heating will be 22% , in gasoline 30%. Her colleague CNBC Larry Kudlow obtained a sitdown with Dick Cheney. The Vice president was unperturbed by the high cost of oil. This is his soundbite: "We are twice as efficient now as we were ten or twelve years ago with respect to how we use energy."
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