Oil

While the Gulf Coast braced for Hurricane Gustav, traders were watching to see the storm's effect on energy markets. Brett Neely reports from Berlin on what issues worry traders the most.

Three years after Katrina, many Gulf state businesses remain in recovery mode, and another big hurricane could sink any hope of fully coming back. Mississippi Chamber of Commerce director Tish Williams explains.

The U.S. Chamber of Commerce today issued its top economic priorities, and the list includes more than housing, credit and energy costs. From Washington, Danielle Carson reports.

High fuel costs have companies reconsidering their shipping methods. One strategy is to get goods made closer to home and use trains for your cargo instead of planes. Janet Babin looks into what else companies are doing.

The latest forecast calls for Tropical Storm Gustav to make landfall on the Gulf Coast Monday morning. Kai Ryssdal talks with oil worker Buddy Bollfrass about how oil companies are getting ready.

The dollar is up this morning against the trend over the last several months. Stephen Beard talks to Scott Jagow about fears of a continued struggle in the Eurozone economy and why the dollar is rising again.

Host Kai Ryssdal goes over the week's big financial stories with stockbroker and business analyst David Johnson in Dallas, Texas. Fannie and Freddie, the Russians and gyrations on the stock market come up.

Companies are reporting their profits for the second quarter, and oil and energy have profited from high prices. But Amy Scott reports if you don't count banks and other financial companies, earnings actually improved a bit.

NATO wagged a finger at Russia today, warning that the invasion of Georgia was jeopardizing Russia's relationship with NATO. Russia's response was stern. From London, Steven Beard has the story.

Tropical Storm Fay has encouraged Shell to remove hundreds of workers from oil platforms in the Gulf of Mexico. But Dan Grech reports that oil production has not been affected so far, according to energy firms.