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Detailed text transcripts for TV channel - CNN - 20110221:21:07:00

Libya intensify, and here s why the prices are going higher. libya is a major oil producer where it turns out more than 1.5 million barrels of oil each day. now the big fear is the unrest will wind up leading to a supply disruption there or maybe somewhere else in the region, and that would drive crude prices even higher. now we do know that the oil market is especially sensitive, brooke, to geopolitical it your moist. we saw it with egypt. we re seeing it now. the problem is if prices stay too high for a sustained period, that could wind up eating into our economic recovery because, you know, as the commodity prices drive up food prices, people are paying for the basics and have list disposable income to spend on entertainment and clothes, so that s another big wory when we see oil prices spike the way they have today. not just food prices. help me understand how this translates when i go to the gas station and fill up my car. reporter: you know what, it is one of these things tha ....

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Detailed text transcripts for TV channel - CNN - 20110221:21:16:00

This is globe trekking, and the we re looking at news overseas and the it s dominated by what appears to be a government in big, big trouble today. hala gorani talking on the topic of libya, and now we have libya sort of next to egypt and tunisia, both of whom have ousted their leaders here in the past, and it s similar yet different situation. yeah. it s a very different country. i mean, it s a country with a much weaker central government. it s a country that doesn t have as big a middle class. tribal issues. tribal and clan issues, that could potentially lead to a situation if the regime falls of more sort of of civilian conflict there. more people are armed. more private citizens are armed. so, yes, it is a completely different scenario and could become a lot more violent if this regime falls. talk to me about what we know, and i know it s difficult to know much because cnn can t ....

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Detailed text transcripts for TV channel - CNN - 20110221:20:34:00

This oppressive dictatorship that has ruled the country for 42 years. libyans have been through so much, and i talk to my relatives and friends over in libya and they tell me, we ve been through hell and back and we really don t care what happens at this point. he want to reclaim our country and we want to be free and have a democracy and we want to have unity and we want to be done with gadhafi and his family. he s brought so much to the country. as they talk, though, asma, about being through hell and back and talk about empowerment and excitement, we see these images of violence, reports of hundreds of death although we can t independently confirm that, libya s deputy ambassador to the u.n. essentially coming out condemning gadhafi saying his regime was committing genocide. in talking to friends and family still in country and given these images we re all seeing here, do you think that they would agree with that? oh, absolutely. this is, if anything, refliectie of the fact this ....

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Detailed text transcripts for TV channel - CNN - 20110221:20:33:00

Unlike other reports that he possibly fled to venezuela, this individual says libyan leader moammar gadhafi remains in libya. that source also denied the libyan air force was conducting air raids. i want to be clear. getting information on what s happening on the ground in libya is very, very difficult. why? because the libyan government maintains tight control on communications and has not responded to repeated requests from cnn for access to the country. but i want to speak to now osma usef. i know you re an american, you re from benghazi. i want to know what you think as you watch these events unfold in a country you once called home. it s a very tragic situation indeed. at the same time, libyans feel a sense of empowerment, excitement, and they feel that this is an opportunity in a lifetime to rid themselves of ....

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Detailed text transcripts for TV channel - CNN - 20110221:20:38:00

Reference to tribal affiliations in libya. they are very significant. but the tribal divisions are not that significant. if anything, we ve seen various youtube videos that have been posted from benghazi, other cities, tripoli, all these various cities in libya to the east, west, to the south. that all the libyan people have the same united message, it that they hate gadhafi and they want him out. these tribal affiliations are very important in the sense that, for example, yesterday the biggest tribe in libya, which has 1 million members, now libya s population is 6 million so this constitutes a sixth of the libyan pop liegs, they came out yesterday in support ever the protestors. that s a very significant development. right. asma, we re all going to have to wait and see as we continue to see the images and try to get independent reporting. we ll have to wait and see what happens next. i appreciate your perspective of someone who was born and raised in libya. asma, thank you so much. ....

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