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Transcripts for CNN The Situation Room 20130305 22:00:00

with his disease. obviously you could see they were very somber. you could see if in their faces and sources were telling us this was probably the first method to tell venezuelans what was going on. there will be a presidential transition. the constitution obligates the government to call for a new election. the country is very divided. many believe that the opposition could gain control. the government still has support in venezuela. the opposition to the government of hugo chavez which seems to be gaining strength, right? that s correct. the town will try to convince the poor segments of the country to vote for them. it was a very close relationship with the president. the question is, will they have enough time and will the government with it is programs and everything they have been saying be able to convince people to elect who chavez asked the people of venezuela to vote

Transcripts for CNN The Situation Room 20130305 22:07:00

important to the united states in the heating oil market especially and in refined oil products, such as gasoline and other fuel products. this is something that has been a fundamental part of the u.s. energy economy. so you re going to see a lot of u.s. businesses keep a very close eye on that transition in venezuela. you re going to want to know that their investments are secure and that this is a stable country to invest in. wolf? barbara, john king has been watching. lots at stake in potentially the u.s.-venezuelan relationship. as hugo chavez took over, it s been awful. i remember dating back to the bush administration where they orchestrated world summits and they would try to pass each other. they thought chavez would try to strike up a conversation and he called george bush the devil. at one point he said that president obama should stop worrying about dealing with

Transcripts for CNN The Situation Room 20130305 21:26:00

not work. whatever we come forward and propose as a solution is better than the unworkable reality of today. we ll have more during the 6:00 p.m. hour including the possibility, he s leaving it open, that he may run for presidency in 2016. is there a third bush potentially in the run for president? we ll talk about that. thank you, jake. thank you, wolf. two states have legalized drug use. washington needs to crack down on those states. get ready. we have a debate on this specific issue and that s next. [ male announcer ] whether it s mom s smartphone. dad s tablet. lauren s smartphone. or kevin s smartphone. at&t mobile share makes it affordable for the whole family to share data on all their devices. and when you connect a tablet, you save $100.

Transcripts for CNN The Situation Room 20130305 21:58:00

condition in cuba but now reporting that the venezuela president, hugo chavez, has passed away. this is something that so many people, not only in venezuela but throughout central america, latin america indeed here in the united states, around the world have been looking have been fully expecting, given how gravely ill he is. but there is also some very, very peculiar ramifications that were reported today by the vice president of venezuela. one, an allegation that, quote, foreign enemies of venezuela were involved in poisoning, if you will, hugo chavez, infecting him severely, leading to his cancer and his now, as we know, death. also today, two american diplomatic personnel, two u.s. military in caracas in venezuela were expelled from the venezuelan government for what they claim was inappropriate

Transcripts for CNN The Situation Room 20130305 22:31:00

venezuelan president hugo chavez has passed away. i wonder if you could talk about the man, his legacy, his appearance here at the u.n. did you speak with him often? this is the first time that i hear from you that he has passed away. as a president of venezuela he has been making his only contributions. at the same time, as the secretary general while i d be able to issue a more formal statement, i d like to convey my condolence to the families and people and government of

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