Just days after outlets worked to stoke fears of soaring gas prices, the predicted spike never materialized. Now a noticeable round of backpedaling is underway, and watching the alarmism unravel is its own kind of satisfying.
The episode underscores how quickly confident predictions can collapse when reality refuses to cooperate. Drivers braced for pain at the pump can breathe easier, while the about-face offers another lesson in treating sensational forecasts with healthy skepticism.
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