Page 54 - Petro News Today

See whats happening there. can you speak to their level of confidence that they are going to win this and that gadhafi will step down? >> like i said earlier in my earlier report, the will and the determination and dedication the people are showing here on the ground, it just makes you speechless. i cant -- i cant describe it more than, you know, a giant will of the people. driving people to actually face these militias, heavy armed militias, with nearly nothing. were talking about a couple of m...

The united states is a consumer of oil from this country and libya is also in opec, that huge oil cartel in the middle east. the u.s. imported 80,000 barrels a day from this country a couple years ago, the most recent numbers on record. and libya has the largest proven oil reserves in africa just ahead of nigeria. so you are seeing the oil prices rise as on the international markets even with markets closed in the u.s. today as speculateors and investors are driving prices higher because of thei...

You will emigrate from libya because petro will stop and tomorrow all foreign companies, all foreigners will leave. all petro companies will leave. petro will stop. from tomorrow there wont be any petro. there wont be any money. you wont even find a piece of bread. >> if youve filled your tank up in the last week you already know prices are going up. christine romans is here to explain more about the connection between protests and the price at the pump. >> between petro, money, and bread, right...

Right now is -- could not be different than it has been over the last 18 days. gunfire and petro bombs are replaced by fireworks and pure happiness. theres flag waving, people are so happy. they seyfrea say freedom, this egyptian style. people are putting their children up on the tanks with soldiers to get pictures made, cheering the soldiers. this has been such a peaceful progress here in the square. and i tell you, you know, they have said they would leave this square as soon as hosni mubarak ...

A lot of yes questions now being raised specifically because we all knew that they were releasing this man because of compassionate interests and libyan doctors said he was dying of advanced prostate cancer. now, a lot of questions about whether that medical diagnosis was completely fraudulent. >> first of all, he is still alive and no contingency to send him back because he was supposed to be dead. >> exactly. >> jon meacham, your thoughts. >> if you werent for solar and wind before, this would...

Prices. >> in a democratic country we have the right. >> reporter: last week the indian government took a bold step to stop subsidizing petro and raised the price of petro and diesel which powers indias trucks. >> its major component in our operation and the hike badly affects our industry. >> reporter: money saved by scrapping fuel subsidies will be used to cut indias fiscal deficit which is 5.5% of gdp. the finance minister says it could come down to 4.5% next year. the opposition, which has c...

E.p.a. gives them concrete guidance. >> until we get a standard from the e.p.a. on the levels of the petro chemical in the water so we dont suggest people go into the water specifically for that, we cant do anything. >> there is nothing that im going to be able to tell you in a chemical lab that you cant learn about the safety of the water by looking at it and smelling it. >> reporter: it looked pretty good to had family, vacationing from oklahoma. they played many the surf. they hadnt seen the ...

He tells her that they live in fear. he is emotional. we can come? yeah? they take to us a house. she calls out to her neighbors, here ethnic uzbek and curds and russians live side by side. >> reporter: this is your house? >> yes, it is my dog. >> look at what i found here. >> this is looking like a petro bomb, and you light, this and there is petro inside of the bottle and you throw it, and it will explode. she passes through what is left of a neighbors house. they are ethnic russian. you can s...

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