Text of President Barack Obama's statement on events in Libya, as provided by the White House:
Tonight, the momentum against the Gadhafi regime has reached a tipping point. Tripoli is slipping from the grasp of a tyrant. The Gadhafi regime is showing signs of collapsing. The people of Libya are showing that the universal pursuit of dignity and freedom is far stronger than the iron fist of a dictator.
The surest way for the bloodshed to end is simple: Moammar Gadhafi and his regime need to recognize that their rule has come to an end. Gadhafi needs to acknowledge the reality that he no longer controls Libya. He needs to relinquish power once and for all. Meanwhile, the United States has recognized the Transitional National Council as the legitimate governing authority in Libya. At this pivotal and historic time, the TNC should continue to demonstrate the leadership that is necessary to steer the country through a transition by respecting the rights of the people of Libya, avoiding civilian casualties, protecting the institutions of the Libyan state and pursuing a transition to democracy that is just and inclusive for all of the people of Libya. A season of conflict must lead to one of peace.
The future of Libya is now in the hands of the Libyan people. Going forward, the United States will continue to stay in close coordination with the TNC. We will continue to insist that the basic rights of the Libyan people are respected. And we will continue to work with our allies and partners in the international community to protect the people of Libya and to support a peaceful transition to democracy.