re : cost sharing of subscription to poten ' s fuel oil report we have an interest in sharing some of the cost of choice 2 and have zero
interest in choice 3 . pls advise in advance what you think this will amount
to .
thanks ,
d
guy dayvault @ enron
02 / 03 / 2000 03 : 15 pm
to : doug leach / hou / ect @ ect , david j botchlett / hou / ect @ ect , ron
irvine / lon / ect @ ect , niamh clarke / lon / ect @ ect , dale snyder / hou / ect @ ect
cc : margaret carson / corp / enron @ enron , vince j kaminski / hou / ect @ ect , david a
subject : cost sharing of subscription to poten ' s fuel oil report
all :
ideally we will split this cost evenly among as many p & l ' s as need the
report , minimizing everyone ' s cost by sharing a single subscription .
please tell me whether you can justify sharing the cost and if so , the rc
code & co # for me to allocate your cost share . please indicate your choice
of the three cost choices .
attached note below clarifies poten ' s proposal on the $ 10 , 000 / yr subscription .
essentially we have three choices :
1 . for $ 2700 / yr , the standard edition ( 11 issues , excluding the monthly
" special feature " article )
2 . for $ 3800 / yr the premium edition , ( standard edition plus the monthly
" special feature " article , as in three attached examples )
3 . for $ 10 , 000 / yr the premium edition plus quarterly forward price view for
36 months .
poten explains that 85 % of their subscribers take the premium service . no
one has ever asked for the $ 10 , 000 / yr long - term price forecast . i have an
interest in a longer term price forecast and hope that it may be useful to
others in the corporation .
the example copies attached include the following special feature articles :
99 feb - analysis of resid trades in the eastern mediterranean
99 sep - patterns of fuel oil trade in the western hemisphere
99 dec - analysis of the resid market in chile
one either takes all or none of them for the incremental $ 1100 / yr . some may
be useless , others perhaps quite valuable . your call .
regards
guy
" axelrod , larry " on 02 / 03 / 2000 02 : 43 : 59 pm
to : guy dayvault / corp / enron @ enron
cc : fuel share group
subject : enron / fuel oil service
dear guy ,
it was a pleasure speaking to you today .
as discussed , poten is pleased to offer enron the following two - part
fuel - oil related service :
( 1 ) a one - year subscription to poten ' s fuel oil in world markets ( premium
edition ) , and
( 2 ) a forecast of delivered crude prices and fuel oil prices in northwest
europe ( brent and 1 % s fob fuel oil ) , the mediterranean ( bonny light and 1 % s
fob fuel oil ) , and singapore ( dubai and hsfo - 380 cst ) . the forecasts would
be provided four times a year and provide average quarterly price
projections over the forward 36 - month period . the forecast prices would be
accompanied by brief textual commentary . the forecasts would be issued over
the course of the one - year fuel oil in world markets subscription period .
the fee for the two - part service is us $ 10 , 000 , payable in two equal
installments
i look forward to hearing from you .
best regards ,
larry
l . axelrod
phone 212 - 230 - 2038
fax 212 - 355 - 0295
doug leach @ ect
02 / 03 / 2000 01 : 52 pm
to : guy dayvault / corp / enron @ enron
cc :
subject : re : poten ' s fuel oil report
- - - - - - - - - - - - - - - - - - - - - - forwarded by doug leach / hou / ect on 02 / 03 / 2000 01 : 52 pm
- - - - - - - - - - - - - - - - - - - - - - - - - - -
dale
snyder
02 / 03 / 2000 01 : 44 pm
to : doug leach / hou / ect @ ect
cc : david j botchlett / hou / ect @ ect , ron irvine / lon / ect @ ect , niamh
clarke / lon / ect @ ect
subject : re : poten ' s fuel oil report
we have an interest in sharing in the expenses of this information the only
question being which information and at what cost . can see what the monthly
newsletter describes which is relatively cheap but what considerable
information does one get for the usd 10 k yr report ? how many ways will we
split the costs ? psl advise and thx
doug leach
02 / 03 / 2000 07 : 08 am
to : dale snyder / hou / ect @ ect
cc :
subject : poten ' s fuel oil report
i have no interest . do you ?
- - - - - - - - - - - - - - - - - - - - - - forwarded by doug leach / hou / ect on 02 / 03 / 2000 07 : 08 am
- - - - - - - - - - - - - - - - - - - - - - - - - - -
guy dayvault @ enron
02 / 02 / 2000 03 : 35 pm
to : niamh clarke / lon / ect @ ect , doug leach / hou / ect @ ect , margaret
carson / corp / enron @ enron
cc :
subject : poten ' s fuel oil report
niamh & doug & margaret :
i want to chat about this and will call you , but the essence is :
can you justify sharing the cost of subscribing to poten ' s monthly fuel oil
report ?
attached below are 3 example copies that include their standard 12 month
price forecasts . the cost is $ 3800 / yr .
as an added service for a total of $ 10 , 000 / yr , poten will include a quarterly
update of their 36 month forward view on crude oil and fo prices with a brief
justification for their view . this would include the standard monthly price
forecast for the prompt 12 months and quarterly prices for the following 24
months for far east , med and nwe . ( i expect a more descriptive email from
poten , but i think this is the essence of their " custom " offer . )
the example copies attached include the following special features :
99 feb - analysis of resid trades in the eastern mediterranean
99 sep - patterns of fuel oil trade in the western hemisphere
99 dec - analysis of the resid market in chile
these type of features are produced monthly and run a spectrum of subjects
related to fuel oil .
i have a hard time justifying the cost of the newsletter and the price
forecast without the considered recommendation of colleagues such as yourself
regarding the utility of such a report . the best way to show your
recommendation is with money . if it is not worth any money to anyone else in
ene , then i have to question its validity and utility to me as well . doug ,
would this perhaps be useful to any other business units that have exposure
to fo prices ?
best regards
guy
- - - - - - - - - - - - - - - - - - - - - - forwarded by guy dayvault / corp / enron on 02 / 02 / 2000
03 : 05 pm - - - - - - - - - - - - - - - - - - - - - - - - - - -
" axelrod , larry " on 01 / 24 / 2000 03 : 38 : 53 pm
to : guy dayvault / corp / enron @ enron
cc : fuel share group
subject : poten ' s fuel oil report
guy ,
it was a pleasure speaking to you today .
three samples of fuel oil in world markets are attached .
let me know if you think the report could be useful to you .
regards ,
larry
phone 212 - 230 - 2038
> > >
- 99 dec . doc
- 99 sep . doc
- 99 feb . doc
re : cost sharing of subscription to poten ' s fuel oil report
we have an interest in sharing some of the cost of choice 2 and have zero
interest in choice 3 . pls advise in advance what you think this will amount
to .
thanks ,
d
guy dayvault @ enron
02 / 03 / 2000 03 : 15 pm
to : doug leach / hou / ect @ ect , david j botchlett / hou / ect @ ect , ron
irvine / lon / ect @ ect , niamh clarke / lon / ect @ ect , dale snyder / hou / ect @ ect
cc : margaret carson / corp / enron @ enron , vince j kaminski / hou / ect @ ect , david a
subject : cost sharing of subscription to poten ' s fuel oil report
all :
ideally we will split this cost evenly among as many p & l ' s as need the
report , minimizing everyone ' s cost by sharing a single subscription .
please tell me whether you can justify sharing the cost and if so , the rc
code & co # for me to allocate your cost share . please indicate your choice
of the three cost choices .
attached note below clarifies poten ' s proposal on the $ 10 , 000 / yr subscription .
essentially we have three choices :
1 . for $ 2700 / yr , the standard edition ( 11 issues , excluding the monthly
" special feature " article )
2 . for $ 3800 / yr the premium edition , ( standard edition plus the monthly
" special feature " article , as in three attached examples )
3 . for $ 10 , 000 / yr the premium edition plus quarterly forward price view for
36 months .
poten explains that 85 % of their subscribers take the premium service . no
one has ever asked for the $ 10 , 000 / yr long - term price forecast . i have an
interest in a longer term price forecast and hope that it may be useful to
others in the corporation .
the example copies attached include the following special feature articles :
99 feb - analysis of resid trades in the eastern mediterranean
99 sep - patterns of fuel oil trade in the western hemisphere
99 dec - analysis of the resid market in chile
one either takes all or none of them for the incremental $ 1100 / yr . some may
be useless , others perhaps quite valuable . your call .
regards
guy
" axelrod , larry " on 02 / 03 / 2000 02 : 43 : 59 pm
to : guy dayvault / corp / enron @ enron
cc : fuel share group
subject : enron / fuel oil service
dear guy ,
it was a pleasure speaking to you today .
as discussed , poten is pleased to offer enron the following two - part
fuel - oil related service :
( 1 ) a one - year subscription to poten ' s fuel oil in world markets ( premium
edition ) , and
( 2 ) a forecast of delivered crude prices and fuel oil prices in northwest
europe ( brent and 1 % s fob fuel oil ) , the mediterranean ( bonny light and 1 % s
fob fuel oil ) , and singapore ( dubai and hsfo - 380 cst ) . the forecasts would
be provided four times a year and provide average quarterly price
projections over the forward 36 - month period . the forecast prices would be
accompanied by brief textual commentary . the forecasts would be issued over
the course of the one - year fuel oil in world markets subscription period .
the fee for the two - part service is us $ 10 , 000 , payable in two equal
installments
i look forward to hearing from you .
best regards ,
larry
l . axelrod
phone 212 - 230 - 2038
fax 212 - 355 - 0295
doug leach @ ect
02 / 03 / 2000 01 : 52 pm
to : guy dayvault / corp / enron @ enron
cc :
subject : re : poten ' s fuel oil report
- - - - - - - - - - - - - - - - - - - - - - forwarded by doug leach / hou / ect on 02 / 03 / 2000 01 : 52 pm
- - - - - - - - - - - - - - - - - - - - - - - - - - -
dale
snyder
02 / 03 / 2000 01 : 44 pm
to : doug leach / hou / ect @ ect
cc : david j botchlett / hou / ect @ ect , ron irvine / lon / ect @ ect , niamh
clarke / lon / ect @ ect
subject : re : poten ' s fuel oil report
we have an interest in sharing in the expenses of this information the only
question being which information and at what cost . can see what the monthly
newsletter describes which is relatively cheap but what considerable
information does one get for the usd 10 k yr report ? how many ways will we
split the costs ? psl advise and thx
doug leach
02 / 03 / 2000 07 : 08 am
to : dale snyder / hou / ect @ ect
cc :
subject : poten ' s fuel oil report
i have no interest . do you ?
- - - - - - - - - - - - - - - - - - - - - - forwarded by doug leach / hou / ect on 02 / 03 / 2000 07 : 08 am
- - - - - - - - - - - - - - - - - - - - - - - - - - -
guy dayvault @ enron
02 / 02 / 2000 03 : 35 pm
to : niamh clarke / lon / ect @ ect , doug leach / hou / ect @ ect , margaret
carson / corp / enron @ enron
cc :
subject : poten ' s fuel oil report
niamh & doug & margaret :
i want to chat about this and will call you , but the essence is :
can you justify sharing the cost of subscribing to poten ' s monthly fuel oil
report ?
attached below are 3 example copies that include their standard 12 month
price forecasts . the cost is $ 3800 / yr .
as an added service for a total of $ 10 , 000 / yr , poten will include a quarterly
update of their 36 month forward view on crude oil and fo prices with a brief
justification for their view . this would include the standard monthly price
forecast for the prompt 12 months and quarterly prices for the following 24
months for far east , med and nwe . ( i expect a more descriptive email from
poten , but i think this is the essence of their " custom " offer . )
the example copies attached include the following special features :
99 feb - analysis of resid trades in the eastern mediterranean
99 sep - patterns of fuel oil trade in the western hemisphere
99 dec - analysis of the resid market in chile
these type of features are produced monthly and run a spectrum of subjects
related to fuel oil .
i have a hard time justifying the cost of the newsletter and the price
forecast without the considered recommendation of colleagues such as yourself
regarding the utility of such a report . the best way to show your
recommendation is with money . if it is not worth any money to anyone else in
ene , then i have to question its validity and utility to me as well . doug ,
would this perhaps be useful to any other business units that have exposure
to fo prices ?
best regards
guy
- - - - - - - - - - - - - - - - - - - - - - forwarded by guy dayvault / corp / enron on 02 / 02 / 2000
03 : 05 pm - - - - - - - - - - - - - - - - - - - - - - - - - - -
" axelrod , larry " on 01 / 24 / 2000 03 : 38 : 53 pm
to : guy dayvault / corp / enron @ enron
cc : fuel share group
subject : poten ' s fuel oil report
guy ,
it was a pleasure speaking to you today .
three samples of fuel oil in world markets are attached .
let me know if you think the report could be useful to you .
regards ,
larry
phone 212 - 230 - 2038
> > >
- 99 dec . doc
- 99 sep . doc
- 99 feb . doc