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,...