Preparation - Not Panic

16 June 2004

The things that get us are the things we never expect. The things we never expect are things we believe can’t happen.

Do you have a plan for your family if the price of oil goes to $100 or more per barrel? Do you understand the kind of impact such a price might have on you?

I’m not one to predict doom. I am one to understand the ”downside.” Let the sovereign rule of Iraq faulter slightly. Let a pipeline or two remain disrupted a bit longer than expected. Let terrorism linger in Saudi Arabia. Let Israel remain under attack. Let inflation creep upward at the same time interest rates rise.

It doesn’t take all of these things to see some upward pressure on gasoline prices, heating oil prices, natural gas prices and the cost of living. Do you have a plan?

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