![]() He is a member of the Board of Trustees of Southern Methodist University and the American Enterprise Institute. He currently serves on the Board of Directors at Proctor and Gamble, Union Pacific and EDS. After leaving the Defence Department in 1993, Dick Cheney served as a Senior Fellow at the American Enterprise Institute and lectured widely around the country. For his leadership in the Gulf War Dick Cheney was awarded the Presidential Medal of Freedom by President George Bush on 3rd July 1991. He was also responsible for shaping the future of the US military in an age of profound and rapid change as the Cold War ended. As Secretary of Defence from March 1989 to January 1993 Dick Cheney directed two of the largest military campaigns in recent history, Operation Just Cause in Panama and Operation Desert Storm in the Middle East. He later became Chairman of the Republican Conference and House Minority Whip. At the end of his first term his Republican colleagues elected him to serve as Chairman of the Republican policy committee. Returning to his home state of Wyoming in 1977, Dick Cheney was elected to serve as the State’s sole congressman in the US House of Representatives in 1978. In November 1975 he was named Assistant to the President and White House Chief of Staff, a position he held throughout the remainder of the Ford administration. He served in a number of positions at the Cost of Living Council, the Office of Economic Opportunity and in The White House, when Gerald Ford took over the presidency in August 1974, Dick Cheney was invited to serve on the transition team and later as Deputy Assistant to the President. After appointments to the staff of the Governor of Wisconsin and as a congressional fellow on the staff of a member of the House of Representatives, in 1969 he joined the Nixon administration. He grew up in Wyoming and was educated at the Universities of Wyoming and Wisconsin and embarked on a career in public service. Dick Cheney is a household name around the world, not only as the Chief Executive Officer of Halliburton, but also from his previous long and distinguished career in US politics. So on behalf of all, I would like to say a very special welcome to Dick Cheney. The breadth of representation around the room clearly demonstrates a wish to have this kind of opportunity to meet colleagues from the energy industry in such an informal setting, but even more demonstrates a real wish to hear the views of our eminent speaker today. My own guests include a broad cross-section of the senior representatives of the Institute of Petroleum itself, welcome gentlemen, and I would make special mention of Basil Butler and Larry Farmer who helped to secure today the presence of our principal speaker. Guests represent not only a broad cross-section of the UK energy industry, including the major energy companies, contractors, suppliers, consultants, but also representatives from many of the industries associated with the energy business. Close to three hundred I’ve been told, so welcome. It’s very good to see so many friends, old and new here today. Its my privilege and honour to welcome all our guests to this, the second Autumn lunch arranged by the Institute of Petroleum. ![]() Your Excellence, Ladies and Gentlemen, pray silence for the President of the Institute of Petroleum, Mr Chris Moorhouse. Energy is truly fundamental to the world’s economy.” We are not talking about soapflakes or leisurewear here. So where is the oil going to come from?… Oil is unique in that it is so strategic in nature. “By 2010 we will need on the order of an additional fifty million barrels a day.
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