Detailed text transcripts for TV channel - MSNBC - 20110225:00:44:00
A higher level to make up for the deficit in libya, right? so once again they've got a strangle hold on us. >> yes. and the oil issue is why libya is different from both tunisia and egypt. there is that issue it being one of the largest oil producers in the world even though it's population tiny only 6.5 million people, smaller than new york -- a fraction of new york city. and so libya, what happens in libya is critical particularly to our european allies and that's why i think you see president obama, first of all, being cautious in getting out there and saying gadhafi has to step down. becau...