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Detailed text transcripts for TV channel - FOXNEWS - 20110221:16:23:00

American interests in libya? if moammar kadafi s government were to fall what would be the ramifications with the u.s. reporter: this is a country where we ve not had good relations for most of our history of bilateral exchange. we ve had for years a very strategic move in libya giving up its nuclear weapons program. that with us a se significant development in the last decade. of of course it was strategic lee important that they had developed one to begin with which is quite troubling. there are differences between libya and other parts of the middle east where these uprisings are taking place. libya is a more tribal area, less developed. it has a lot of petroleum and so oil pricesser going to be something people watch. i think it s part of a broader signal, that we can no longer take as rule of thumb that we expect stability in this region. people are rising up at great risks to themselves and these protests especially in libya in particular have spread beyond ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110221:16:24:00

The traditional basis, like benghazi in libya, now they are in the capitol. this is a significant challenge to moammar kadafi. jon: talking about u.s. interest, though, there are reports that moammar kadafi unleashed his own army snipers against individual protesters to try to tamp down the protests. how could the u.s. in any way support a government that would do subpoena a thing. i think it cannot. i would remember in 1989 we had the government in china where we had a significant economic relationship that unleashed its military and its students in front of the world media, and within a few years most governments around the world found a way to warm relations and most recently we had the leader of that country come to the united states for a state visit. it is morally repugnant to side with these regimes. the circumstances of libya i think is a bit more clear-cut that we should be able to side with these people. it s good that they seek to rise ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110221:16:07:00

Jenna: we ll keep everybody updated on that and any other new developments. libya is far away from many of us, the conflict is having world-wide effects. oil surprises soaring more than $3 to near $90 a barrel. that market is trading even though it is a holiday. libya exports at least one million barrels of crude every day and the instability in that region is enough to cause some concern to oil traders and oil markets overall. oil and gas companies are working on evacuating some of their employees from that region right now. we ll continue to watch that. a minefield of tensions elsewhere in the middle east with fresh protests today in yemen the president rejecting demands to step down immediately calling the protest an act of provocation. his offer to start a dialog with protesters rejected as insincere. in the tiny nation of bahrain where the u.s. navy s fifth fleet is stationed ten thousand ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110221:17:09:00

Where tens of thousands of americans like to vacation. taxicab drivers and their passengers shot dead, why they were slaughtered and who is to blame. reports of military jets firing on demonstrators in libya as the blood flows in the streets and fires rage in the capitol. the demonstrators are not backing down, activists want a new round of protests to begin at sundown. in the meantime you can see which stories are clicking . go to foxnews.com, click on the most read tab. foxnews.com, your other news source. man, it would be a lot easier if we didn t have o weigh em all. if those bos are under 70 lbs. you don t have to weigh em. with these priority mail flat re boxes from the postal service, if it fits, iships anywhere in the country for a low flat te. no weigh? nope. no way. yeah. no weig ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110221:17:24:00

A broad proceed democracy wave you mentioned all the places its hitting. the most significant today is libya, this would be the toughest regime to take down if in fact they succeed in taking down a regime which has lorded over them since 1969. jon: talk about a bloody regime, these reports that libyan air force jets are actually firing on civilian protesters, on the ground, that suggests that moammar kadafi or his military are feeling very threatened right now. it does. when this is said and done we may find that this level of regime violence comes close to the 1989 tienamen square massacre, or some of saddam hussein s activity in the wake of the gulf war. it s remarkable that the libyan people have persisted. some media reported that the barrier of fear that existed has been torn down and has reached a critical mass. when these protests started the big question was whether they would go beyond benghazi where there have previously been ....

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