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July 7, 2004

By Monty Guild and Tony Danaher, on July 7th, 2004

OVERVIEW AND ENERGY OUTLOOK

I was prompted to write to you today by a recent article on the front page of the Wall Street Journal. This article encapsulated many of the thoughts that we have been having for years about the vulnerability of the middle eastern oil sources on which the developed world is highly dependent. The article discussed a few methods to protect oil flows from terrorism, wars, and internal upheavals.

We believe that it is possible that the U.S. may end up taking over control of these waterways to protect the free transportation of oil to the . . .
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July 7, 2004

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July 7, 2004

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