Speaking from the White House, the President says the violence in Libya is “outrageous” and “unacceptable,” and that his Administration is looking at the “full range of options we have to respond to this crisis.” In a related note, oil analysts are speculating 5 dollar a gallon of gasoline in the summer because of situations in Libya. Valerie Jarrett, Senior Advisor to President Obama, “We are monitoring the situation very closely… We are sensative to the impact gas prices have on everyday consumers. The President, obviously, is watching this carefully.”

President Obama’s full remarks below:







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