Media Coverage of Increasing Oil Prices Research Paper by write123

Media Coverage of Increasing Oil Prices
A comparison of different types of media regarding the subject of increasing cost of oil.
# 106230 | 2,365 words | 7 sources | APA | 2008 | US
Published on Jul 30, 2008 in Communication (Mass Media) , Communication (Television) , Economics (Inflation)

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This paper compares and contrasts the way various forms of media present the same story from different, and sometimes even opposite stand points, particularly in the case of the increase in oil prices.
It points out that the presentation of the news depends on two major variables: the importance and relevance of the story, the independent variable; and the target audience of the media channels, the dependent variable. The paper maintains that, although the purpose of media is to inform the population about any significant events in an impartial manner, it has often been used as a means of manipulating the masses. The paper takes a particular look at the significant increase in the media's interest in oil prices over the past few years, revealed in the increased numbers of newspaper articles, news broadcasts, radio programs and Internet videos, articles or posted comments on blogs. The paper concludes that television, radio and internet media channels influences more people by using simpler expressions and explanations than printed publications, such as major newspapers and journals.

Research Statement
Hypothesis Concepts
Hypothesis Test with Data
Tabular Presentations
Data Analysis

From the Paper:

"However it is true that one story should be presented in an objective way, it is also true that it needs to be adapted to the target audience and presented in a means that is understood. For instance, the Wall Street Journal is devoted to specialized readers which possess high education. Therefore, the news will be presented in a more complex manner and without numerous explanations, as it is expected that the consumers already possess knowledge of the issue presented. Youtube on the other hand addresses a less complex crowd, the simple citizens, and will explain the issue in a simpler way, accompanied with explanations."

Sample of Sources Used:

  • Associated Press, 2007, "Oil Drops on Possible OPEC Output Hike", The Sun Sentinel, November 27,,0,5503249.story (November 27, 2007)
  • Bennett, Lance, W., 2006, "News: The Politics of Illusion 7 Book Paperback", Addison-Wesley
  • Fialka, John, J., 2007, "U.S. Forecaster Sees Further Jump in Gasoline Prices", The Wall Street Journal, November 13, (November 27, 2007)
  • Gaffen, David, 2007, "Oil Backs Off, But Not for Long", The Wall Street Journal, October 30, (November 27, 2007)
  • Landau, Elizabeth, 2007, "Oil Prices Continue Upward March", The Wall Street Journal, October 27, (November 27, 2007)

Cite this Research Paper:

APA Format

Media Coverage of Increasing Oil Prices (2008, July 30) Retrieved December 02, 2023, from

MLA Format

"Media Coverage of Increasing Oil Prices" 30 July 2008. Web. 02 December. 2023. <>