means a disruption in world oil supplies with serious implications for all of us. let's talk about this with gordon chang, a columnist with fortune.com. we're told the saudis pick up whatever the moammar gadhafi stops pumping out. why are prices still going up? is it just an abundance of fear? >> i think there's a lot of fear. there's this interruption supply risk premium that traders talk about and driving the market for oil. we saw the price of crude up 6.7%. it is now at $104. people are talking about the crazy numbers worried not just about libya but algeria, oman, bahrain. you know, it's just right now people are thinking the sky's the limit for change in arab societies. >> let's talk about libya now. and, you know, this is as we have been saying really unprecedented s. there something