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Former U.S. officials seek end to foreign oil reliance --12:12pm - By Stephanie I. Cohen WASHINGTON (MarketWatch) -- A handful of former high ranking U.S. officials sent a letter to President Bush on Monday calling for a reduction in U.S. dependence on foreign oil. A top concern is the possibility of terrorist attacks on oil and natural gas pipelines in the Middle East that could reduce world supplies, James Woolsey, former director of the Central Intelligence Agency, said during a conference call. The officials, who served under presidents Reagan, George H.W. Bush, and Clinton, called on the administration to spend up to $1 billion over the next five years to establish a domestic alternative fuels industry. "It just takes a little political will," said C. Boyden Gray, former White House counsel to President George H.W. Bush.
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