Gadhafi appears to be losing grip on power

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February 24, 2011, 9:30 pm
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(NECN: John Daly) - After 10 days of unrest, Moammar Gadhafi is losing his four-decade-long grip on Libya. Turf battles between government and anti-government forces continue to play-out in the capital, Tripoli. Elsewhere Gadhafi opponents have control of the country's second and third-largest cities.  

Meanwhile Americans are seeing the impact at gas pumps. Oil prices are hovering around 100-dollars a barrel.  Many foreign oil companies -- operating in Libya -- have evacuated employees or suspended operations. Fears are growing the unrest could spread.

Tags: John Daly, Moammar Gadhafi
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