melissa: i think it is fair to say without the strength of the u.s. navyatrolling these vital commercial sea lanes we would be seeing even more dramatic swings in price flush wages -- fluctuation in the oil market. >>> how crucial are the u.s. efforts in protecting the strait of hormuz for the world's oil supply? i spoke to fadel gheit who knows every aspect of the oil industry from his work as an engineer with mobile oil. he is now one of the most respects oil analysts on wall street and here is what he has to say. fadel, thanks so much for joining us. if the iranians followed through on the threat to close the strait what is your bet would happen to the price of oil that instant. >> think can try but they can't actually do it. the answer is no, the probability would be very low. and basically if we have any military action in this part of the world one would expect that crude oil prices would rise very sharply but it will be very short-lived because supply demand fundamentals still say that oil prices should be closer to 80, not close to a 100. melissa:

it is the untold story of the u.s. navy's bloodiest fight of world war ii. consider it, and i quote vivid and engaging, extremely readable research by ronald spector of "the wall street journal" and brilliance, a compelling narrative naval combat, simply superb by the "washington times." it is a near times publisher weekly and "boston globe" bestseller. so once again, it is my great pleasure to welcome mr. trent work. james hornfischer. [applause] >> thank you very much. i appreciate everybody coming out. i think this is my fifth colby symposium. a truly unique in my opinion in terms of a publishing conference that focuses on the craft of military history facilitates the achievement of service men and women and hopefully will guide policymakers the experience of digesting our past, in this case the recent past as we discuss afghanistan. today we are going a little deeper. i've written three books about the navy in world war ii. he said the navy in world war ii and immediately turns the pacific because that's really where the action was if your naval officer

the u.s. navy left san francisco property, property in our county -- i shouldn't call it our property because treasure island technically belongs to the people of california. the u.s. navy left land that exists in our county as radioactive waste dumps. we have a serious problem in the bayview. i would like to point out that the redevelopment agency, while maybe has gone away, it's doing just great under the office of the mayor. if you haven't been to any of the san francisco housing authority meetings and haven't witnessed privatiziation in san francisco, this is going on wholesale in 49 properties encompassing well over 200 acres in this city. nobody is paying attention to it because the housing commission authority meetings are not televised and nobody in san francisco can see their theft, graft and fraudulent conveyance for profit. like the $50 million mayor's project for affordable housing trust, the $1.5 billion slush fund for people in the developers to use as a piggy bank. this is off the ho

u.s. navy sailors and defense contractors onboard the u.s.s. "ponce" in the persian gulf are up early, getting ready to practice protecting their ship and the sea lanes. video from the so-called scan eagle is fed back to the command vessel where sailors watch for boats with hostile intentions. >> the imagery analysts that we have here, that work the scan eagle, they know this ar. so they have been doing this for at least two years looking at the iranians, so we can tell. >> suarez: the drone lands by flying towards a cable, snagging it with its wing. elsewhere, men haul out the newest tool in their arsenal-- the kingfish, an unmanned, underwater vehicle that uses sonar to locate mines below the surface. just last week, general mohammad ali jafari, the head of iran's revolutionary guards, said "this is a declared policy by iran that if war occurs in the region and the islamic republic is involved, it is natural that the strait of hormuz as well as the energy market will face difficulties." amid the rising tensions with iran, u.s. navy leaders ma

the city is the base for the u.s. navy's fifth fleet. u.s. and british sailors visited the japanese ships to plan the drill. they checked a canon designed to detonate mines. >> translator: the persnulf is important for japan. we believe it will enhance mutual trust with other participating countries. >> iranian commanders have repeatedly said they will block the strait of hormuz. >>> a russian foreign ministry official has expressed concern about a plan to deploy a second early warning radar system in japan. defense chiefs agreed to expand another radar. the system has been deployed in northern japan. it's capable of detecting ballistic missiles. they want to counter possible missile threats from north korea. a foreign ministry official urging the u.s. to ensure that the installation will not harm the interest of other snanation. russian leaders have criticized the u.s. for expanding miskisil in europe. >>> the civil war in syria is starting to affect people in the golan heights. syrian residents were united in their support for the governmen

have the odds of a u.s. navy attack soared with it. how will that impact oil prices? we'll get insight from former u.s. ambassadors to iraq, james jeffreys. >>> ben bernanke levels investors empty-handed announcing no new stimulus plan during his jackson hole speech but they expect they will do something big. will they act before the investment crisis enact as new inferno. we'll ask one of the biggestest players in local finance. he is live from jackson hole. even when they say it's not it is always about money adam: and a good afternoon to you. let's look at the day's market headlines. ben bernanke jackson hole speech leading to a whipsaw day for stocks the fed chairman announced no new firm plans for new stimulus but made clear the u.s. central bank is ready to take more steps if necessary. after rising as much as 150 points, the dow closed the session up 90 points. stocks also closed august with their third straight monthly gain. >>> shares of facebook sliding to a new all-time low. two analysts from two banks that underwrote facebook's ipo cut their price targets.

it is the base for the u.s. navy's fifth fleet. u.s. and british troops visited the japanese ships to plan the drill. crew members checked the cannon designed to detonate mines on the sea surface. >> translator: the persian gulf is a very important area for japan. we believe the drills will help improve our mine sweeping units, strategic skills, and enhance relationships with other countries. >> iran has repeatedly threatened to blockade the strait of hormuz at the mouth of the gulf as part of its battle with western countries over its nuclear program. >>> the civil war in syria is starting to affect people in the golan heights. israel has occupied the region since 1967. syrian residents of the golan heights were united in their support for the government of president bashar al assad, but divisions have begun to emerge. >> reporter: arabs living in golan heights are determined to keep their identity as syrians. under the israeli occupation. they refuse to adopt israeli nationality. many hope that assad's government will win back control

however, two u.s. navy warships one already off the coast of libya, one approaching libya in the next couple of days. remember president obama has said justice will be done, that the perpetrators will be brought to justice. it could be through further arrests by libyan authorities. this could become a law enforcement issue, and we'll wait to see what else happens. the options, though, are in place for the president. >> all right barbara starr. thank you, barbara. >> we are staying atop of this developing story. we have experts weighing in all morning long. later on "early start," wee talking to the director of the american islamic congress, along with peter brookes, former deputy assistant secretary of defense. and later on on "starting point," former assistant secretary of defense jamie rubin, middle east analyst robin wright and ambassador tim roemer and ambassador richard williamson. >>> still ahead on "early start," we're also watching the markets this morning. stocks soar on word of more stimulus from

the city is the base for the u.s. navy's fifth fleet. u.s. and british sailors visited the japanese ships to plan the drill. crew members checked the cannon designed to detonate mines on the sea surface. >> translator: the persian gulf is a very important area for japan. we believe the drills will help improve our mine sweeping units, strategic skills, and enhance mutual trust with other participating countries. >> iranian commanders have repeatedly threatened to blockade the strait of hormuz. they're angry about a western oil embargo designed to encourage the iranians to halt their nuclear program. >>> a russian foreign ministry official has expressed concern about a plan to deploy a second early warning radar system in japan. defense chiefs from japan and the u.s. agreed on sunday to install another xband radar. the system has already been deployed in northern japan. it's capable of detecting ballistic missiles. the defense chiefs want to counter possible missile threats from north korea. russia's interfax news agency quoted a foreign minis

amazed at this, the first one-volume account of air operations over japan including not just the u.s. navy, but the army and british royal navy. the thing that struck me, you know, americans have always said there was a second front in world war ii, and it was along the to toe mack in -- potomac in washington, d.c. with army versus army/air force. but in tokyo interservice rivalry was practically a full-contact sport. the imperial navy and the japanese army cordially detested each other, they spoke to each other as little as possible, and institutionally they were so far removed -- and as a pilot, this just makes my brain hurt -- the japanese army/air force was heavily influenced by the french dating from around about the period of world war i. well, in french aircraft of that era you pull the throttle back to accelerate. but the japanese navy was heavily influenced by the british royal navy which uses the common sense, the standard push to go throttle. so i couldn't help but wondering how interesting must it have been to be at a joint aviation conference when japanese army and navy pilots

. >> reporter: this u.s. navy support ship was built 41 years ago and was due to be decommissioned earlier this year. the vessel was used to land troops but has since been equipped for mind sweeping duties. it has been deployed in the region since june. the ship is at the center of the naval exercise which is aimed at the ability to keep shipping lanes open in the persian gulf. iran has threatened to choke off ship traffic passing through the strait of hormuz in the gulf. >> we are out how far? 80 miles from the iranian coast. >> reporter: speedboats play a key role in the persian gulf. crew members practiced firing warning shots while we were on board. in the drill scenario two suspicious vessels are ignoring warnings and coming closer. it's the largest ever held in the persian gulf. japan which depends heavily on middle eastern oil is among the 34 nations taking part in the exercise. the country's maritime self-defense force has sent a mine sweeper and its supporting vessel to take part in the drill. the interna

. >> reporter: this u.s. navy support ship was built 41 years ago and was due to be decommissioned earlier this year. the vessel was originally used to land troops but has since been equipped with mine sweeping duties. it has been deployed in the region since june. the ship is the center of the naval exercise which is aimed at strengthening the ability to keep shipping lanes open in the persian gulf. iran has threatened to choke off ship traffic passing through the strait of hormuz in the gulf. >> the exercised area is approximately 45 to 50 miles off of bahrain. we are -- how far? 80 miles from the iranian coast. >> reporter: speedboats of the iranian revolutionary guard play a key role in the country's strategies in the persian gulf. crew members practiced firing warning shots while we were on board. in the drill scenario, two suspicious vessels are ignoring warnings and coming closer. the 12-day military drill is the largest ever held in the persian gulf. japan which depends heavily on middle eastern oil is amo

our correspondent reports one u.s. navy destroyer has arrived off the coast of libya tonight. a second is expected tomorrow. 60 u.s. marines are being moved into libya to beef up security. the marines traditionally defend all larger u.s. embassies from around the world. with us, michael lighter, a former director of of the u.s. national countterrorism center. michael there is no accounting for what people take offense to, the rumor or reality of a film, if that is in deep what happened. somebody i spoke to said there was a different, more concerted organized effort. do you concur with that earlier analysis? >> i do, brian, although it is very hard to tell in just the hours and days after an attack like this. i think it is most likely the only correlation was that they occurred at the same time. the protests in egypt looked so different from the rather organized attack that was clearly intended to harm and kill u.s. diplomats, my guess is that the case will be different than the other. michael anything larger going on? do you concur with richard engel regarding the weeks and mon

tonight, the u.s. navy has launched two warships off the coast of libya. >> tonight, we have team coverage. jackie benson has more on the demonstration outside the white house. but, first, here's chard attacks on u.s. diplomatic buildings. one here in cairo. spontaneous in passion, harmless. the other in benghazi. focused and deadly. protesters in cairo answer a preacher's call on tv to go to the u.s. embassy to denounce a video made in the u.s. that insults islam. by 6:00 p.m., protesters scale walls. no one is hurt, but egyptian police are noticeably slow to arrive. around 10:00 p.m. in libya, militants attack the u.s. consulate in benghazi. they set the consulate on fire. over the next five hours until nearly dawn, u.s. and libyan security personnel inside the consulate battle the militants building to building. four americans, including the consulate, were killed. today, the libyan government, which has close relations with the united states, apologized. and there was a pro-american demonstration in ben

seeing that they're bringing you know the u.s. navy the u.s. air force is growing exponentially over the next few years in terms of the asia pacific region and the u.s. if you look at what is and i mean we see what you do blame it to darwin it's part of the unit deployment program which is in liaison next to me where the next twenty years the next ten or twenty years this is where it's going in terms of the organization you're really very bored down in u.s. forces overall ok you have given the five hundred billion dollars and an additional five maybe i was wrong maybe that's rush on in the number having to draw down a number of troops but the pentagon is still and will be as we will see a dominant force in the political calculations as well as the military calculations of u.s. one policy you'll see. everywhere you go so sure where it will continue to shrink ok mark because i want if you listen you're likely going to mark i'd like to go back to mark i mean these are important trading partners at the same time i mean this is what's really odd abo

the commander of the u.s. navy's fleet said the drill demonstrated the high capability to remove mines in collaboration with many other countries. >>> a pakistani government minister has promised to pay for the assassination of an american movie producer for insulting islam. the movie's promotional video on the internet triggered outrage around the world. pakistani railways minister told reporters on saturday he would offer $100,000 to anyone who murders the person responsible for making the movie. he said the video made in the united states denigrates the prophet mohammed. and he hopes the pakistani taliban will join the mission. the minister was only expressing his personal opinion. protest against the u.s. movie continue in pakistan. demonstrators and police clashed on friday leaving more than 20 dead. the announcement is said to be politically motivated as a general election will be held next year. however, the minister's remarks soliciting murder is on show. >>> aung san suu kyi met u.s. president barack obama a

. >> neil armstrong will be buried at sea tomorrow by the u.s. navycoming up on 9news now at noon, on dr. phil -- actually at 4:00 p.m., she was a star and she was a finalist on the hit show america's next top model. now she's struggling with drug intervention. dr. phil and family do an intervention. >> isn't it true that inside you at some level you know that your life sucks? you know that this is a crap way to live. are you really convincing yourself that this life that you have doesn't suck? look, i can play as hard as you want to play or as easy as you want to play. i want to do this with you, not to you. >> the dr. phil show will air today at 4:00 p.m. right here on channel 9. then it's followed by 9news now at 5:00. >>> still to come when the news continues, more rabid animals are on the attack in northern virginia, but authorities say they're keeping track and there's no need for alarm, at least not just yet. >>> right now i am honored to have with me the author hedrick smith. i heard earlier he was a pulitzer prize, a correspondent for the "ne

u.s. response to those deadly attacks on americans. a navy destroyer is now in the waters off the libyan coast. a second warship is due there shortly. and 50 elite marines head to tripoli where they will shore up security around the u.s. embassy. >> president obama vows that justice will be done. and flags are being flown at half-staff in memory of those who died. with more, here's abc's tahman bradley. >> reporter: with cities across the arab world tense, and facing violent anti-american demonstrations, u.s. navy forces have moved two missile destroyers to the coast of libya. there was a second night of unrest in egypt. protesters took to the streets, angry over an anti-muslim film. police fired tear gas and rubber bullets to keep a crowd away from the u.s. embassy in cairo. on the streets of benghazi, libya, a different picture. hundreds of demonstrators rallied in support of america. they said the attack by on the consulate was carried out by a rogue group of militants. four americans were killed, including the ambassador to libya, chris s

. >>> u.s. navy physicians to destroyers off the coast and the u.s.ncreases its surveillance over libya including the use of those unmans drones. elizabeth cook cbs five. a master stevens was a former peace corps volunteer was confirmed as the u.s. ambassador to libya in may last year in the middle of the revolution he had to ride into the country the only way he could get there by sea are riding on a greek cargo ship u.s. officials confirmed that he spent his final moments trying to save his own staffers those who knew him say that is just the kind of guy he was. reporter mark stare on how they're remembering him tonight. tonight for steady members who have met even born when they attended uc- berkeley came together to remember him and to honor him as in so many others who knew him around the bay. when the ambassador attended cal he was a member of the office how might a fraternity. and tonight the house on a their brother forest service and the sacrifice. >>> was now more than ever to work for a world where peace rather than tearing could be interna

also coming up in this program, the u.s. navy seal involved in the killing of blad goes republic and reveals one key question president obama asked. >> we asked him who was the one, and he wanted to know who it was and we wouldn't tell him. >> why not? >> it's not that hard, so it's not about who that one person was, it was about the team. >> and here in the u.k., the bomb disposal unit is called into the home of the british iraqi engineer who was killed along with family members in for instance. it's midday here in london, 7:00 in washington and half past 3:00 in the afternoon in kabul where the yudes has handed over former control of back ram prison to the afghanistan gan government. there are more than 3,000 inmates in the prison, many who are taliban fighters and terrorist suspects. they hailed the transfer as a victory for afghan sovereignty. >> president karzai has long-demanded that afghanistan take control of the prison. it would have a significant bearing on long-term afghan-u.s. relations. it was handed over at this cer

the u.s. navy is not disclosing the ship's precise location, but it appears we are close to the iranian coast. my cell phone is able to pick up a signal from iran. one of the key components of the drill is mine sweeping operations. iran trails the west in military power, but underwater mines would be an affordable and effective way for the country to block the strait of hormuz. the channel is only 34 kilometers wide. u.s. military personnel, along with japan's maritime self-defense force and troops from other countries are performing drills to detect and remove mines. >> the president has already said that it's a red line if iran closes the strait. so my mission out there would be to ensure security and stability in case of that strait being closed by any reason. >> reporter: about one fifth of the world's crude oil travels through the hormuz strait. about 90% of the crude bound for japan travels through these waters. iran's leaders show no signs of backing down on their nuclear development program

. >> reporter: this u.s. navy support ship was built 41 years ago and was due to be decommissioned earlier this year. it was originally used for land troops, but it has been since equipped for minesweeping duties. it has been deployed in the region since june. the ship is at the center of the naval exercise, which is aimed at strengthening the ability of the participants to keep shipping lanes open in the persian gulf. iran has threatened to choke off ship traffic passing through the strait of hormuz in the gulf. >> the exercise area is approximately 45 to 50 miles off of bahrain, and we are -- >> 80 miles. >> -- 80 miles from the iranian coast. >> reporter: speed boats of the iranian revolutionary guard play a key role in the country's strategies in the persian gulf. crew members on the ship practiced firing warning shots while we were on board. in the drill scenario, two suspicious vessels are ignoring warnings and coming closer. the 12-day military drill is the largest ever held in the persian gulf. japan, whic

u.s. bases in the middle east and close the strait of hormuz, if iran is attacked. this all comes as the british navyoved ships to the persian gulf, warships from 25 other nations, including the u.s. are there, conducting annual military exercises, including how to overcome a possible iranian blockade at the strait, through which 1/3 of the world's oil passes every day. ♪ >> jamie: in america's election headquarters let's get to the race for the white house. the escalating unrest in the middle east shifting the candidates' focus this week from the economy, to foreign policy. as we enter the crucial last weeks before the election, what sort of impact will it all have on the race? where should the focus be? joining me now, erin mcpike, national political reporter for real clear politics. great to see you, erin, good morning. >> good morning. >> jamie: i guess the candidates have no choice, you can't ignore what is going on overseas. but, getting back to the economy, when is the right time? >> it will have to be after we see a clear resolution from some of these anti-american protests or what becomes of

base in bahrain there's a u.s. navy there there's bases all over the region and we would then be probably sucked into some ghastly conflict of course it matters but human rights matters as well and if you suppress a people's identity and their ambitions and that's what you are end up with war if the requests for u.n. nonmember status is granted what then next for the palestinian independence movement to push for full status but also to use this. position within the un to force israel to withdraw the second months and ultimately take down the wall and recognize the rights of palestinian people you don't achieve good relations with your neighbor by surrounding yourself with barbed wire a machine gun emplacement see the chief security to a neighbor buying friends jeremy corbyn thank you kate. in this remote siberian village people still sing this sounds which russians sang in the middle ages and they cherish the practice will set up church before the seventeenth century the old believers here is sign the area are conservat

reporter: with cities across the arab world tense, and facing violent anti-american demonstrations, u.s. navy forces have moved two missile destroyers to the coast of libya. there was a second night of unrest in egypt. protesters took to the streets, angry over an anti-muslim film. police fired tear gas and rubber bullets to keep a crowd away from the u.s. embassy in cairo. on the streets of benghazi, libya, a different picture. hundreds of demonstrators rallied in support of america. they protested tuesday's attack on the u.s. consulate carried out by a rogue group of militants. four americans were killed, including the ambassador to libya, chris stevens, a rising diplomat, seen here in a youtube video. >> my name is chris stevens. and i'm the new u.s. ambassador to libya. >> he risked his life to stop a tyrant. then, gave his life to build a better libya. >> reporter: also killed, sean smith, an information specialist. >> as americans, we stand united, all of us, in gratitude for their service. i want to assure you, we will bring their killers to justice. >> reporter: a terror group affilia