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To the Point

Oil Prices and Unrest in the Middle East

To the Point

KCRW

News

4.4583 Ratings

🗓️ 8 March 2011

⏱️ 51 minutes

🧾️ Download transcript

Summary

Disruption in the Middle East and North Africa has sparked a host of conflicting agendas, from getting off the oil economy once and for all to increasing domestic production. What will it all mean for the price of gasoline at the pump and for economic recovery? Also, Gadhafi forces score key victories against the rebels, and it's over for Barbie in Shanghai.

Transcript

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0:00.0

From PRI, Public Radio International and KCRW Santa Monica, this is To the Point.

0:07.9

Politics, oil production, and the price of gasoline.

0:14.3

Hello again, I'm Orman Alany, and this is To the Point from Public Radio International.

0:18.2

A daily look at the issues Americans care about most.

0:20.9

Moor-Mar Gaddafi may or may not be driven from power.

0:23.6

In the meantime, unrest and international sanctions have cut Libya's oil production by half.

0:28.6

On Friday, unhappy Saudi Arabians plan a day of rage, threatening instability for the biggest oil supplier of all.

0:35.8

Fear of further disruption and rank speculation in oil

0:38.9

are driving the price of gasoline higher,

0:41.8

even though the U.S. has plenty on hand at the moment.

0:45.0

Should we increase domestic oil production,

0:47.5

tap into strategic reserves,

0:49.4

or jack up the green economy faster, whatever the cost?

0:53.3

On Reporters' Notebook later on, it's over for Barbie in Shanghai.

0:57.6

First, here's the news.

0:59.1

Support for To the Point comes from subscribers of KCRW Santa Monica and from the Public Radio

1:04.8

International Program Fund, whose contributors include the Ford Foundation and the John

1:09.5

D. and Catherine T. MacArthur Foundation.

1:11.7

Hello again, Warren Alney. Back with To the Point, disruption in the Middle East and North Africa

1:15.7

has sparked a host of conflicting agendas in the United States, from getting off the oil economy

1:21.3

once and for all to increasing domestic oil production. What will it all mean for the price

1:25.9

of gasoline at the pump and for

...

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