February 28, 2001
Notice No. 01-73

TO:
ALL COMEX DIVISION MEMBERS
ALL COMEX DIVISION MEMBER FIRMS
ALL COMEX DIVISION CLEARING MEMBERS

FROM:
Neal Wolkoff, Executive Vice President

SUBJECT:
William B. Meyer Warehouse ) New Haven, CT

The Exchange has been advised by William B. Meyer, a COMEX Licensed Warehouse
for Copper, that they have sold their facility located at 2 Poplar Street in
New Haven, Connecticut.  Therefore, this facility is no longer available for
the storage of copper deliverable against the COMEX Division Grade 1 Copper
Futures Contract.  There is no copper stored in this facility.

Pending approval by the NYMEX Executive Committee, NYMEX Board of Directors,
and the Commodity Futures Trading Commission, this facility will be delisted
from the list of COMEX Licensed Warehouses for Copper.

Should you have any questions or require any further information please
contact Albert J. Getz at 212-299-2608.

__________________________________________________
Please click on the link below to indicate you have received this
email.

"http://208.206.41.61/email/email_log.cfm?useremail=tana.jones@enron.com&refdo
c=(01-73)"

Note: If you click on the above line and nothing happens, please copy
the text between the quotes, open your internet browser,
paste it into the web site address and press Return.


Good morning Mr. Catanese:

Your resume was forwarded to the Research Group and they would like
to conduct a telephone interview with you at your convenience.  We would
prefer the week of July 5 - 7 (Monday and Tuesday, the 3rd and 4th are
holidays), if at all possible.

Please let me know your availability and where you may be reached by
phone and I will coordinate the calendars.

The interviewers would be:

Vince Kaminski   Managing Director
Stinson Gibner   Vice President
P. V. Krishnarao   Director
Osman Sezgen   Manager

I look forward to hearing from you.

Sincerely,

Shirley Crenshaw
Administrative Coordinate
Enron Corp. Research Group
713/853-5290

---------------------- Forwarded by Shirley Crenshaw/HOU/ECT on 06/29/2000
08:47 AM ---------------------------

Vince J Kaminski
06/28/2000 05:19 PM
To: Shirley Crenshaw/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: Mike Catanese's resume

Shirley,

Please, arrange a phone interview.

Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 06/28/2000
05:23 PM ---------------------------

Shirley Crenshaw
06/12/2000 07:28 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Mike Catanese's resume

Vince:

This is from Ronnie Chahal - does he fit anywhere?

---------------------- Forwarded by Shirley Crenshaw/HOU/ECT on 06/12/2000
07:22 AM ---------------------------

Laura R Arnold@EES
06/09/2000 04:40 PM
To: Shirley Crenshaw/HOU/ECT@ECT
cc:
Subject: Mike Catanese's resume

Shirley,

Ronnie Chahal suggested I forward this resume to you so that you could
forward it to the appropriate person within research.  Please let me know if
you need any additional information.

Thanks,
Laura Arnold
X39540
---------------------- Forwarded by Laura R Arnold/HOU/EES on 06/09/2000
04:37 PM ---------------------------

June1789@aol.com on 05/08/2000 12:00:30 AM
To: larnold@enron.com
cc:
Subject: Mike Catanese's resume

I am a Ph.D. physicist and have worked for the last five years in
post-doctoral researcher positions in astrophysics.  A few months ago, I
realized that I had reached the limit of my academic career options, at least
for the near future.  After reading about careers in the private sector and
discussing possibilities with some family members and friends, it became
apparent that my technical and mathematical skills could be transferred to
the private sector, with better long-term career options and a more dynamic
workplace environment than in academic research.  The energy industry is
particularly attractive as it begins to deregulate.  I have been directed to
Enron by several different people as a very forward-thinking and growing
company and one which values its employees.

Because of my statistical and mathematical skills, I am interested in a
position as a quantitative analyst.  However, if there are other areas where
the people at Enron think I could contribute, I am open to other options.  My
other experience, such as project management, is outlined in my resume.  I
have worked in a collaboration of 30 astrophysicists from the US, Ireland,
and England and I am a capable independent worker as well.  I have excellent
written and oral communication skills and have made presentations to
audiences ranging from technical experts to school-aged children.

Thank you again for your time and effort in passing this resume on.  I look
forward to talking with you.

Sincerely,

Mike Catanese

 - Mike's Short Resume.doc


Hi, John,

Following up my phone call, I am sending a list of curve requests for you on
the BNY project:

Base Year: 2001

1. Trans Canada:
  Demand Charges
 Variable Charges
 Fuel Requirement
 Estimation of Trariff escalation
2. Iroquois:
  Demand Charges
 Variable Charges
 Fuel Requirement
 Estimation of Trariff escalation
 3. Transco Z1 - Z6:
  Demand Charges
 Variable Charges
 Fuel Requirement
 Estimation of Trariff escalation

On the Tariff escalation part, based on your inputs, we used 22%, 18%, and
36% of GDP inflation for TransCanada, Iroquois and Transco, respectively.
Also, you estimated % increase in Transco Tariff from 2001 to 2007.

Thanks a lot for your help!

Ying
X57350


Start Date: 4/14/01; HourAhead hour: 18;  No ancillary schedules awarded.
Variances detected.
Variances detected in Energy Import/Export schedule.
Variances detected in SC Trades schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041418.txt

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 18 / Preferred:  12.00 / Final:  11.98)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/14/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_SPP
  ENGY_TYPE: WHEEL

---- SC Trades Schedule ----
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 18 / Preferred: -125.00 / Final: -124.97)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/14/01
  TRADING_SC: SETC
  PNT_OF_INTRC: NP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 18 / Preferred:  25.00 / Final:  24.92)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/14/01
  TRADING_SC: PGAE
  PNT_OF_INTRC: NP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 2
  DEAL_NO: 1
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 18 / Preferred: -60.00 / Final: -59.98)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/14/01
  TRADING_SC: NCPA
  PNT_OF_INTRC: NP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1


Hello all,

The program for the 2000 Texas Finance Festival has been formalized and can
be found on our web site at

http://hsb.baylor.edu/html/martinj/festival2.html

I do need to remind you of a few things before we converge on San Antonio.
First, be sure to contact the convention hotel and make your reservations.
At last count there were only 6 rooms left.  Second, I need a completed
application form from everyone so that we can get an accurate meal count.
I am attaching the program announcement so you can fill out the appropriate
boxes for meals and numbers of guests in the event you have not sent in a
form.

Remember that we are starting the conference off with a luncheon on Friday
so plan on arriving early Friday or coming in on Thursday evening if you
can.  Our hotel is right on the river and there are lots of restaurants and
interesting things to visit in the immediate area (the Alamo is across the
plaza from the hotel).

We are making plans for spouses and children to attend both the dinner on
Friday and Saturday evenings.  The Friday evening dinner begins at 6 p.m.
so that we can be done in plenty of time for our private guided tour of the
Alamo at 8:00 p.m.  For Saturday we are still working out plans for the
evening so stay tuned.

There will be more information later as the conference nears.  Looking
forward to seeing you all and in beautiful, sunny San Antonio.

John

 - announcerev.doc

John D. Martin
Carr P. Collins Chair in Finance
Finance Department
Baylor University
PO Box 98004
Waco, TX 76798
254-710-4473 (Office)
254-710-1092 (Fax)
J_Martin@Baylor.edu
web:    http://hsb.baylor.edu/html/martinj/home.html


Any GCP adjustments will be highlighted in red.

Rgds.

Samuel x3-9890 (GCP)
Enron Net Works _ Global Data Mgt.

From: Walter Guidroz/ENRON@enronXgate on 03/29/2001 02:10 PM
To: Karen Lambert/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Brant Reves/ENRON@enronXgate,
Debbie R Brackett/HOU/ECT@ECT, David Hardy/LON/ECT@ECT, Lesli
Campbell/ENRON@enronXgate, Cynthia Clark/ENRON@enronXgate, Enron Europe
Global Contracts and Facilities@ENRON, Enron Europe Global
CounterParty/LON/ECT@ECT, Stephanie Sever/HOU/ECT@ECT, Tom
Moran/ENRON@enronXgate, Claudia Clark/HOU/ECT@ECT, William S
Bradford/ENRON@enronXgate, Lisa Lees/HOU/ECT@ECT, Juana
Fayett/Corp/Enron@Enron, Jana Morse/Corp/Enron@Enron, Trang Le/HOU/ECT@ECT,
Paul Maley/LON/ECT@ECT, Sonya Clarke/LON/ECT@ECT, Tim Davies/LON/ECT@ECT,
Karen O'Day/NA/Enron@Enron, Tanya Rohauer/ENRON@enronXgate, Kelly
Lombardi/NA/Enron@Enron, Brian Lindsay/Enron Communications@Enron
Communications, EOL Call Center@ENRON, Bernice Rodriguez/HOU/ECT@ECT, Bill D
Hare/HOU/ECT@ect, Amy Heffernan/Enron Communications@Enron Communications,
Molly LaFuze/Enron Communications@Enron Communications, Danny Clark/Enron
Communications@Enron Communications
cc:
Subject: EOL approvals, 03-29-01

Please see attached.


Zimin,

Can we push it a week. I shall be  at CMU on Friday.

Vince

Zimin Lu
10/27/2000 04:12 PM
To: Stinson Gibner/HOU/ECT@ECT, Alex Huang/Corp/Enron@ENRON
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: SciFinance - brown bag options seminar

Stinson and Alex,

Curt Randall wants to visit us at our lunch meeting next Friday (Nov. 3).
He is going to
do a presentation to demo the software from his company SciFinance.

His visit is subject to change, that is why I want to wait till next week to
make the announcement.

I appreciate that Stinson agrees to give a talk in the brown bag options
seminar.  We could move Stinson's talk
to Thursday group meeting if Stinson OK it. Or we can reschedule Stinson's
talk to the following Friday.

Let me know your thoughts.

Zimin

---------------------- Forwarded by Zimin Lu/HOU/ECT on 10/27/2000 03:53 PM
---------------------------

randall <randall@scicomp.com> on 10/19/2000 05:20:40 PM
To: Zimin.Lu@enron.com
cc: randall@scicomp.com, "johansen, david" <johansen@scicomp.com>
Subject: Re: SciFinance

Zimin.Lu@enron.com wrote:
>
> Yes, Nov. 3.    We do not have to work on Saturday, thank you for reminding
> me that.
>
> Zimin

You are welcome.

Shall we say 11:30 to allow some time for getting organized?

I usually use an old fashioned overhead transparency projector if you've
got one.  If they've all been replaced by digital projectors, I can
bring one.

I'll be in touch early that week, to get directions for parking etc.

rgds,
Curt

--
+-------------------------------+------------------------------+
|  Curt Randall                 |  SciComp Inc.                |
|  e-mail: randall@scicomp.com  |  5806 Mesa Drive             |
|  voice: 512-451-1050  ext 202 |  Suite 250                   |
|  fax:   512-451-1622          |  Austin, Texas 78731         |
+-------------------------------|------------------------------+


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Save 10% Speak No Evil, Hear No Evil Monkey Bikes... One of the Hottest Gifts for Holiday 2001... Just enter the coupon code MQJ36GX6 in the checkout process to receive your discount.  Offer expires November 16, 2001.

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NFL Reports, Player Updates

Latest NFL Player News

Chad Lewis, TE PHI - Blue Balls Updated 11/19/01
Lewis suffered a slight knee injury during Sunday's 36-3 win over Dallas. The injury isn't considered serious, however, and Lewis is expected to start this weekend's game against Washington.

Steve McNair, QB TEN - Houston Big Ballers Updated 11/19/01
McNair was able to play with an injury to his right thumb, but the Tennessean says he will probably miss some practice time this week. He should still be able to play in!
 t!
he team's next game.

 Packers, DT GB - Uran Man Updated 11/19/01
Safety LeRoy Butler suffered a fractured left shoulder blade during Sunday's game against Atlanta. He is out indefinitely and could miss the remainder of the season. Chris Akins will likely take over the starting duties in Butler's absence.

Steve McNair, QB TEN - Houston Big Ballers Updated 11/19/01
McNair was able to play with an injury to his right thumb, but the Tennessean
 says he will probably miss some practice time this week. He should still be able to play in the team's next game.

Az-Zahir Hakim, WR STL - Luccis Losers Updated 11/19/01
Hakim left Sunday's game against New England with an ankle injury. X-rays were negative, and Hakim is listed as day to day.

Reggie Wayne, WR IND - Free Agent Updated 11/19/01
Wayne suffered a sprained knee on Sunday. His current status is day to day.

Rod Smith, WR DEN - Blue Balls Updated 11/19/01
Smith (ankle) could not finish Sunday's game. His status for Thursday's game against Dallas is unclear.

Terance Mathis, WR ATL - Dont Mess Updated 11/19/01
Mathis has by far his best game of the season, catching seven passes for 70 yards against Green Bay. He suffered a mild concussion in the game, but he's expected to be fine for this weekend's contest at Carolina.

Jackie Harris, TE DAL - Free Agent Updated 11/19/01

Harris suffered a strained right hamstring during Sunday's game against Philadelphia. He did not return to the contest, and is listed as day to day.

Frank Sanders, WR ARI - Dont Mess Updated 11/19/01
Sanders had a huge game against Detroit on Sunday, catching seven passes for 127 yards and a touchdown. He injured his hamstring in the game, however, and is listed as day to day.

Quincy Carter, QB DAL - Free Agent Updated 11/19/01
Carter feels as though his hamstring has healed enough that he's ready to return to action. Ho!
we!
ver, the Cowboys will start Ryan Leaf for a few more weeks before Carter gets his starting job back. The team wants to evaluate Leaf in a few games this season to determine if he'll have any trade value in the offseason.

James Jackson, RB CLE - Uran Man Updated 11/19/01
Jackson told the Cleveland Plain-Dealer it was a coach's decision not to use him against the Ravens. Jackson had been suffering from an ankle injury, but reports prior to gametime had indicated he might have been able to play. With the sudden emergence of Benjamin Gay, Jackson's Fantasy value might drop greatly.

Ryan Leaf
, QB DAL - Free Agent Updated 11/19/01
Leaf had another terrible outing this weekend, but the Dallas Morning News is reporting that he'll remain the team's starting quarterback for the time being. However, he's no better than waiver wire fodder in Fantasy Football.

Kevin Lockett, WR WAS - Free Agent Updated 11/19/01
Lockett left Sunday's game against Denver in the first quarter due to a rib injury. His status for next week's game against Philadelphia is uncertain at this time.

Tony Banks, QB WAS - Free Agent Updated!
 1!
1/19/01
Banks, who suffered a concussion during Sunday's game against Denver, told the Washington Post that there's a "definite possibility" he would be ready in time for next weekend's game against Philadelphia. Kent Graham would start if Banks is unable to play, but neither QB is an attractive Fantasy option against the Eagles.

Emmitt Smith, RB DAL - Team Dick Updated 11/19/01
Smith left Sunday's game against Philadelphia with a sprained knee. However, he is expected to be in the starting lineup when Dallas faces Denver on Thanksgiving Day.

Larr!
y !
Foster
, WR DET - Free Agent Updated 11/19/01
Foster suffered an apparent leg injury during Sunday's game against Arizona. He is listed as day to day.

Desmond Howard, WR DET - Free Agent Updated 11/19/01
Howard suffered a shoulder injury during Sunday's win over Arizona. He did not return to the game, and is listed as day to day.

Bert Emanuel, WR DET - Blue Balls Updated 11/19/01
Emanuel suffered a knee injury during Sunday's game against Arizona. He is listed as day to day. </F!
ON!
T>

Muhsin Muhammad, WR CAR - Orange Roughy Updated 11/18/01
Muhammad sprained his left shoulder in Sunday's game against the 49ers. His status for the Week 11 game against Atlanta is unclear.

Mike Anderson, RB DEN - Really Rottens Updated 11/18/01
Anderson rushed for only 31 yards on 13 carries against the Redskins. Olandis Gary carried the ball 10 times for 28 yards. It is apparent Anderson is no longer worthy of a starting spot on Fantasy teams, and Gary will continue to see some work at his expense.

Michael Westbrook, WR WAS - C-Dawg's Boyz Updated 11/18/01
Westbrook caught nine passes for 104 yards and a TD at Denver. Opposing defenses are focusing on rookie Rod Gardner, and Westbrook is getting open often after starting the year slowly.

Jake Plummer, QB ARI - Really Rottens Updated 11/18/01
Plummer threw for 334 yards, four TDs and was intercepted once by Detroit. Such stellar performances are rare for Plummer, who may not have a better game this season.

Michael Pittman, RB ARI - Dont Mess Updated 11/18/01
The awful Detroit defense limited Pittman to 81 rushing yards on 23 carries. Don't start Pittman in any upcoming weeks unless your team is very thin at RB..

David Sloan, TE DET - Free Agent Updated 11/18/01
Sloan caught two TD passes for a total of three yards at Arizona. If you are desperate for help at TE, consider Sloan, who always gets regular looks from Charlie Batch.

Lamont Warren, RB DET - Free Agent Updated !
11!
/18/01

Warren rushed for 32 yards and a TD at Arizona and caught 11 passes for 64 yards and a score. The Lions will continue to feature Warren on third downs and near the goal line as a receiver, making him a good Fantasy backup for the rest of the year.

Warrick Dunn, RB TB - President Taft Updated 11/18/01
Dunn caught 12 passes for 138 yards against the Bears, but he rushed for only 12 yards and fumbled twice. Don't count on Dunn for consistently good Fantasy numbers during the next few weeks. He can be explosive, but he is also erratic.

Keyshawn Johnson, WR TB - Or!
an!
ge Roughy Updated 11/18/01
Johnson caught 12 passes for 89 yards against the Bears, but he failed to get in the end zone again. Don't depend on Johnson down the stretch unless your team is very thin at wideout.

David Terrell, WR CHI - Really Rottens Updated 11/18/01
Terrell caught one pass for 15 yards at Tampa Bay. The rookie wideout is not consistent enough to start for most Fantasy teams.

Marty Booker, WR CHI - Luccis Losers Updated 11/18/01

Booker caught seven passes for 165 yards and three TDs at Tampa Bay. In his third season, Booker has become a superb Fantasy wideout. He is a player you must start every week, no matter what matchup he faces.

More Updates

Transactions, View

Transactions

Date	Time	Player	Team	Transaction	Effective	Cost!
</!
B>

11/16/01	 2:10 PM	Kennison, Eddie	Dont Mess	Released	Week 10

11/16/01	 2:10 PM	Jefferson, Shawn	Dont Mess	Signed	Week 10

Schedule, Breakdown

Team Chick

Player	Pos	Points

Gannon, Rich	QB	42.0

Barber, Tiki	RB	0.0

Moss, Randy	WR	0.0

Owens, Terrell	WR	15.0

Rice, Jerry	WR	36.0

Ward, Hines	WR	22.0

Stover, Matt	K	7.0

Saints	DT	1.0

TOTAL	 	123.0

Walls, Wesley	TE	9.0

Anderson, Richie	RB	1.0

Carswell, Dwayne	TE	0.0

Couch, Tim	QB	-1.0

Dyson, Kevin	WR	11.0

Galloway, Joey	WR	4.0

Richardson, Tony	RB	0.0

		at Houston Big Ballers

Player	Pos	Points

Batch, Charlie	QB	45.0

Alexander, Shaun	RB	16.0

Brookins, Jason	RB	8.0

Davis, Stephen	RB	8.0

Brown, Troy	WR	9.0

Gardner, Rod	WR	1.0

Janikowski, Sebastian	K	8.0

Rams	DT	5.0

TOTAL	 	100.0

Wiley, Michael	RB	1.0

Hambrick, Troy	RB	1.0

Davis, Terrell	RB	0.0

Gary, Olandis	RB	2.0

Holmes, Priest	RB	0.0

McNair, Steve	QB	14.0

Minnis, Marvin	WR	0.0

Weinke, Chris	QB	15.0

Copyright 2001 Commissioner.COM Inc and SportsLine.com Inc.
Your site can be reached from http://fantasy.sportsline.com

FB10SP


Not unexpectedly this seems to me consistent with our thinking so far..

I am with Diane - I think ISDA can serve a valuable function by coming out with a statement saying that a) we have canvassed many dealers in the market and the prevailing opinion is that the
particular Railtrack Convertible is deliverable b) we do not see it as ISDA's place to make binding interpretations on the market, but our own interpretation is consistent with this view and c) attach
the Potts QC Opinion (if we are permitted to do so)

But we shouldn't play this up as another "issue" for the Credit Derivative market beyond what it is. And as more of these types of matters arise we should consider what criteria dictate our
involvement

K

-----Original Message-----
From: Kimberly Summe [mailto:KSumme@isda.org]
Sent: Tuesday, October 16, 2001 4:30 PM
To: ISDA BOARD
Cc: Robert Pickel
Subject: Potts Opinion

Attached is the draft Robin Potts opinion on Railtrack.  This opinion is not
for distribution at this point.  Could you please let me know if you have
any questions or issues by Wednesday morning?

Thanks,

Kimberly

 <<1V75514G.pdf>>


---------------------- Forwarded by Mary Hain/HOU/ECT on 03/14/2000 08:48 AM
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Andrea Settanni" <asettanni@bracepatt.com>
03/14/2000 08:25 AM

To: Mary Hain/HOU/ECT@ECT
cc:
Subject: Seasonal Rates

Mary-

Pursuant to your request, I reviewed FERC orders discussing seasonal rates.
Based on what I found, Dan was right, it does not seem that seasonal rates
are prohibited.  If proposed, however, seasonal rates must be cost
justified.  I did not come across any particular discussion of what kinds of
proof are necessary (you had asked about the time period for actual sales and
elasticity of demand).  I have included a few paragraphs below from FERC
orders that discuss seasonal rates, which may be useful to you.  Please let
us know if you would like us to look into this any further.  Andrea

Related to 205/206

ALJ-DEC, 35 FERC ?63,076, Union Electric Company, Docket No. ER84-560-000,
(June 04, 1986)
[65,264]

 It might be noted that UE could have established a seasonal/time-of-day rate
with cost justification or by explaining its departure from cost-based rates.
In Commonwealth Edison, the Presiding Judge rejected a higher seasonal demand
charge for the summer because it was not cost justified. He also held,
however, that where the rate design is not intended to reflect costs, the
applicant "must justify the departure from cost-based rates. 18 C.F.R. o35.
13(b)(4)(iii)." 15 FERC ?63,048, at p. 65,229 (1981).

UE made a valiant effort to comply. It attempted to relate the off-peak costs
to on-peak by its 50 percent discount argument and reference to its Exhibits
UE-28 and UE-19. These exhibits amply justify the on-peak costs but offer no
cost support for the off-peak discount. This discount is chosen as a matter
of judgment. A similar proposal was rejected by the Presiding Judge in
Commonwealth Edison. Id.

Although the argument of a "free ride" deserves consideration, based on the
record we have here and in the absence of a detailed cost justification, UE's
off-peak demand charge is rejected.

 REVERSED - see next paragraph

COMM-OPINION-ORDER, 40 FERC ?61,046, Union Electric Company, Docket No.
ER84-560-000, (July 20, 1987)

Union's proposal to assess a capacity charge for off-peak service under
specified circumstances (when a customer's off-peak demand exceeds twice its
highest measured peak demand) not only reflects the fact that customers use
the company's production and transmission plant off-peak and capacity-related
costs are incurred during those times, but also recognizes the equity
consideration created by the existence of the peak shaving option to certain
customers. Upon consideration of the evidence presented and the merits of the
arguments raised by the parties, we reverse the judge's ruling and allow the
off-peak billing demand provision. Although we are approving Union's use of
an off-peak billing demand provision, the Commission nevertheless believes
that a strong incentive continues to exist for customers to peak shave and,
thus, realize cost savings. Furthermore, although we adopt Union's approach
as reasonable within the context of this case, this is not to say that only
such an approach is appropriate or that this approach is preferred.

COMM-OPINION-ORDER, 11 FERC ?61,083, Florida Power Corporation, Docket No.
ER80-206, (Apr. 25, 1980)
urging rejection of FPC's proposed rate increase.

On February 12, 1980, the Public Service Commission of the State of Florida
filed a letter noting the absence of proposals relating to peak load pricing
(time-of-day and seasonal rate differentials) in FPC's submittal. 5 The
Public Service Commission urged our review of the issues of time-of-day and
seasonal pricing in this proceeding.

We note that the questions of time-of-day and seasonal pricing are proper
subjects for the hearing ordered below if any party chooses to pursue them,
including the Florida Commission should it petition to intervene late in this
proceeding.

COMM-OPINION-ORDER, 6 FERC ?61,292, Commonwealth Edison Company, Docket No.
ER79-182, (Mar. 30, 1979)
[61,695]

Our review of Commonwealth's filing indicates that the proposed rates have
not been shown to be just and reasonable and may be unjust, unreasonable,
unduly discriminatory or otherwise unlawful. Therefore, we shall accept the
proposed rates for filing and suspend those rates for five months, to become
effective, subject to refund, on September 1, 1979.

We note with interest that the proposed rates are designed on a time-of-day
and seasonal basis. The Commission has encouraged the use of innovative rate
design as a way of more closely matching rates to costs and thereby
minimizing misallocation of resources as well as reducing waste, inequity and
discrimination. 4 We therefore direct the Presiding Administrative Law Judge
to insure that the parties fully address the issues raised related to the
cost support for the time-of-day and seasonal rate design.

FED-REGS, FERCSR ?13,963, FPA, Regulations 18 CFR Sec. 35.13 Filing of
changes in rate schedules.

[11,299]

shall fully support all such data and shall explain the rationale and the
specific application proposed.

(vii) Based upon information reported in Statements BB and BC, the utility
shall list selected months that are normally the months of greatest
significance in determining the need of the utility for power supply
capability throughout the year. All twelve months may be selected, if
appropriate. In its selection, the utility shall take into account any
effects of local weather seasons and, particularly, the extent to which peak
demands may tend to be similar in magnitude in two or more months of a
weather season. The utility shall explain the reasons for the selections and
describe the significance for the selections of seasonal variations in the
weather.

REG-PREAMBLE, FERCSR ?31,044, Inquiry Concerning the Commission's Merger
Policy Under the Federal Power Act: Policy Statement, Order No. 592, December
18, 1996, Docket No. RM96-6-000, 18 CFR 2, 61 FR 68595 PART 01 OF 02.
1. Identify the relevant products

The first step is to identify one or more products sold by the merging
entities. Products may be grouped together when they are good substitutes for
each other from the buyer's perspective. If two products are not good
substitutes, an entity with market power can raise the price of one product
and buyers would have a limited ability to shift their purchases to other
products. In the past, the Commission has analyzed three products: non-firm
energy, short-term capacity (firm energy), and long-term capacity. 75 These
remain reasonable products under the prevailing institutional arrangements,
and applicants should recognize such products in their analysis. Other
product definitions may also be acceptable. For example, the lack of on-site
buyer storage creates products differentiated by time. Thus, peak and
off-peak energy (seasonal and daily) may be distinct products.

ALJ-DEC, 15 FERC ?63,048, Commonwealth Edison Company, Docket Nos. ER79-182
and ER80-106, (June 03, 1981) PART 02 OF 02.

 It is Commission policy that rate design reflect cost incurrence, Idaho
Power Co., Opinion No. 13, issued May 4, 1978, mimeo at 26; Minnesota Power
and Light Co., Opinion No. 12, issued April 14, 1978, mimeo at 24-5.

[65,229]

In both cases, the Commission rejected rate design features where there was
no evidence in the record showing that the rate design features reflected
cost incurrence, id. In its order setting this proceeding for hearing, the
Commission took note of Edison's proposed seasonal differential and
specifically directed that the parties fully address the issues related to
the cost support for the seasonal rate design, Commission Order issued March
30, 1979, mimeo at 4-5. On October 9, 1980, the parties were directed by the
Presiding Judge to identify in their initial briefs the portions of the
record that relate to cost support for the seasonal differential.

The requirement that Edison provide cost support for its seasonal
differential, as discussed supra, is also set forth in the Commission's
filing requirements for rate schedules: if the rate design is intended to
reflect costs, the applicant must show how it reflects costs; if the rate
design is not intended to reflect costs, the applicant must justify the
departure from costbased rates, 18 CFR o35.13(b)(4)(iii) Statement P.
Edison's seasonal differential is intended to lessen the costs imposed upon
it by its prominent summer peak. Edison reasons that, since it must build
capacity to meet its prominent summer peak, charging more in the summer would
give customers an incentive to control their summer demands and, therefore,
Edison's cost of adding capacity would be reduced (Tr. 169). Accordingly,
Edison must show how its seasonal differential reflects the costs imposed on
it by summer demand, under the Commission's filing requirements in 18 CFR o35.
13(b)(4)(iii) Statement P. Further, even PURPA Section 111(d)(4) relied upon
by Edison states that rates "shall be on a seasonal basis which reflects the
costs of providing service to such class of consumers at different seasons of
the year to the extent that such costs vary seasonally for such utility."
(Emphasis added.)

Further, support for relying on marginal rather than average costs comes from
the Commission itself. In its order of March 30, 1979 setting this cause for
hearing, mimeo at 4, 5, the Commission, in commenting on time of day and
seasonal rates, mentioned that it encourage innovative rate design to match
more closely rates to costs. In this regard, the Commission cited its Order
No. 537, supra at 4, which specifically suggests use of pricing mechanisms
based on marginal cost principles

[65,236]

for jurisdictional wholesale sales. Under the circumstances in this case,
where the sale of economy energy is related to Edison's costs in adding or
eliminating additional excess capacity, it is appropriate to establish the
price for economy transactions on marginal costs. This provides a more close
matching of the rate to the cost than would a rate design based on average
costs. Accordingly, Winnetka's position on pricing of economy energy will not
be adopted.

 AFFIRMED and REVERSED - see next paragraph

COMM-OPINION-ORDER, 23 FERC ?61,219, Commonwealth Edison Company, Docket Nos.
ER79-182-000 and ER80-106-000, (May 12, 1983)
Turning to Commonwealth's exceptions, we find that the judge correctly
rejected the seasonal differential. Even if we accept the company's
interpretation of PURPA, it still has not cited any record evidence
whatsoever of a difference in costs between summer and nonsummer months.
Without at least some showing of a cost difference, it is impossible to make
a judgment on the reasonableness of the company's 15.25% proposal. We
therefore uphold the judge on this point.

We reverse the judge's adoption of a price set at 110% of the utility's
incremental costs, however, and approve the type-B split-savings method
proposed by Commonwealth. Under this method, economy transactions are
arranged for a 12-hour or similar period at a fixed price based on cost
estimates at the time of the agreement. If the utility's incremental costs
rise to the point that continued supply would become burdensome, the utility
may terminate supply. We find this method superior to that proposed by staff
in that implementation is greatly simplified. Cost determinations need not be
made as frequently.

Related to PMAs

REG-PREAMBLE, FERCSR ?36,710, Procedures for Public Participation in Power
and Transmission Rate Adjustments and Extensions, December 31, 1980, 10 CFR
903, 45 FR 86976
[36,741]

Historically, many PURPA-type standards have been used in designing wholesale
rates for the sale of Federal hydroelectric power. PMAs analyze costs to
establish revenue requirements and consider this information in designing
rates. Declining block rates for energy were once used by the PMAs but
subsequently were found inappropriate and eliminated from rate schedules.
Many of the PMAs for years have been effectively using various forms of load
management measures in their rate schedules, such as scheduling limitations,
loadshaping, capacity and energy overrun charges, etc. BPA has had a history
of using seasonal rates for wholesale firm capacity and energy and also
offered its direct service industrial customers interruptible rates some time
ago. Southwestern has had interruptible capacity rates in effect since 1957.
These examples demonstrate the willingness of the PMAs to implement
PURPA-type standards where applicable.

Many of these PURPA-type standards, when applied appropriately in the design
of PMA rates, can serve to implement the purposes of PURPA by encouraging
conservation of energy, efficient use of resources and facilities, and
equitable rates. The public participation process will provide an opportunity
to examine these and other appropriate concepts.

The PMAs will continue to review and revise their power marketing practices
on a system-by-system basis to serve the PURPA objectives. The Assistant
Secretary for Resource Applications, working with the Administrators of the
power administrations, and after receiving public comment, will consider the
adoption of rate design guidelines, similar in form to the guidelines in RA
6120.2 on financial accounting and ratemaking, which will reflect the
experience gained by the PMAs in their system-by-system approach to rate
design.

Related to PURPA

FED-LAW, FERCSR ?5021, PURPA, SEC. 111. CONSIDERATION AND DETERMINATION
RESPECTING CERTAIN RATEMAKING STANDARDS.

 (4) Seasonal rates.--The rates charged by an electric utility for providing
electric service to each class of electric consumers shall be on a seasonal
basis which reflects the costs of providing service to such class of
consumers at different seasons of the year to the extent that such costs vary
seasonally for such utility.

FED-REG-NOTICE, FERCSR ?37,503, DOE Responsibilities Under Title I of PURPA

(4) Seasonal rates shall be established where costs vary by season;

PROP-REG-PREAMBLE, FERCSR 1988-1998 ?32,457, Administrative Determination of
Full Avoided Costs, Sales of Power to Qualifying Facilities, and
Inter-connection Facilities, March 16, 1988, Docket No. RM88-6-000, 53 FR
9331, 55 FR 31882

Pricing flexibility may take several different forms. For instance, a
contract could provide QFs with a price floor applicable to all the power
supplied to the utility, but still provide for higher variable unit prices
reflecting daily or seasonal periods. The price floor would provide the
revenue stream necessary for the QF to secure financial support while

[32,174]

the price variability would induce the QF to maximize deliveries in peak-load
periods when the utility values additional supplies most. Of course, the
price floor should not exceed the minimum value of the utility's avoided
cost. Similarly, a contract could provide for a two part price--a fixed
payment for capacity and an energy price for power delivered. The QF would be
assured a minimum revenue stream based on the value of its capacity. The
variable energy component would allow the utility to dispatch the QF capacity
only when it was economic. Whatever the pattern of contract payments, rates
for purchases from QFs should always reflect how well the characteristics of
the suppliers' power match the purchasing utility's need. This will ensure
that the QF will make most production decisions on the basis of rates
reflecting avoided costs (rather than the guaranteed average rate) and, at
the same time, will receive revenues sufficient to attract investors.

To avoid problems such as those associated with take-or-pay contracts in the
natural gas industry, the Commission wishes to stress the danger of including
forecasted fuel costs in the fixed rate structure of long-term contracts,
especially in combination with the specification of minimum purchase
quantities. The Commission also encourages the use of time-of-day and
seasonal rates in flexible pricing structures for long-term contracts.

REG-PREAMBLE, FERCSR 1977-1981 ?30,128, Small Power Production and
Cogeneration Facilities; Regulations Implementing Section 210 of the Public
Utility Regulatory Policies Act of 1978, Order No. 69, February 25, 1980,
Docket No. RM79-55, 18 CFR 292, 45 FR 12214, 45 FR ...

Rather than specifying that exact time-of-day or seasonal rates for purchases
are required, however, the Commission believes that the selection of a
methodology is best left to the State regulatory authorities and nonregulated
electric utilities charged with the implementation of these provisions.


Yeah you're gonna have to explain that one...I'm confused.  I didn't go last
year so I don't know how they check everyone at the door.

I know what you meant in your earlier email.  That was kind of strange.
Hopefully I'll get out of here at a decent time.  And if I can get my
accomplishments done during the day today that would be fabulous.  Maybe I
could even come watch you play soccer.   But all that hinges on my
accomplishments.  And of course since I put it off until today, we violated
every limit we have this morning!  Well we didn't violate p&l, just VAR and
positions.  So I'm sure I'll spend most of the day answering questions.

See you at lunch.
Robin

Gabriel Monroy
12/05/2000 07:51 AM
To: Robin Rodrigue/HOU/ECT@ECT
cc:
Subject: x-mas party

I have a question. Do you think it is possible to RSVP for the X-mas Party -
you and your invitee- then your invitee shows up without you? Do you think
they'll let him/her get in?

I'll explain what I am trying to do at lunch or Brown Bag.

Gabriel


I don't have any expected volumes.  You should use the best information you
have from prior months.

D

Jackie Young
03/29/2000 09:37 AM
To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: HPL 3-Rivers Gas Flowing Through King Ranch

Daren,

Can you please e-mail me your expected volumes for the above referenced
subject for April's Gas Production?

Thanks
-Jackie-
3-9497


Please decrease deliveries to Eastrans to 0 MMBTU/dy for 9/8/00

The redeliveries will be 0 as well.

The over-delivery quantity for the Fuels Cotton Valley gas will be valued per
Paragraph 3 of the Contract Price (per MMBTU) section in the Transaction
Agreement.


We got a complimentary copy of the 2/1/02 issues and I will print out a couple of copies and put them up near the receptionist.

Alan Comnes


---------------------- Forwarded by Susan Scott/ET&S/Enron on 07/07/2000
09:00 AM ---------------------------

Christine Stokes
07/06/2000 01:04 PM
To: Steven Harris/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Glen
Hass/ET&S/Enron@ENRON, Mary Darveaux/ET&S/Enron@ENRON, Susan
Scott/ET&S/Enron@ENRON, Lorraine Lindberg, Bill Cordes/ET&S/Enron@ENRON
cc: Kevin Hyatt/ET&S/Enron@Enron

Subject: Southwest Gas Discount Amendment Changes

Recent negotiations with Southwest Gas Corporation have resulting in the
deletion of two provisions  contained in the original Southwest Gas
Corporation discount letter with was routed for Officer Approval.  Several
minor "sentence structure" changes requested by Southwest Gas have also been
included.

Please review the revised Discount Letter and forward any comments
immediately to either Lorraine Lindberg (x35403) or Susan Scott (x30596).
The following summarizes the changes to the original discount letter:

1.  Deletion of paragraph which waives ROFR rights.    This paragraph is not
necessary due to FERC Order 637 rule which states that the shipper's tariff
right to ROFR for contracts of one year or longer does not apply to
discounted transportation contracts, only max rate contracts.

2.  Deletion of Paragraph which states Transwestern will retain any capacity
release revenues which Shipper may acquire from releasing capacity at rates
above the Discount Rate provided by Transwestern to Shipper.

Please note that the revised discount letter does retain the original intent
of providing Southwest Gas a 10 year discount rate for seasonal (November
through March period) capacity from Transwestern's East of Thoreau (EOT) Area
to the Southwest Gas Interconnect located in the East of California Area.
The $.10/Dth/d transportation rate shall increase annually by $.005/Dth/d for
the term of the agreement.  Alternate receipt points rights are in the EOT
Area as with as within the primary path of the contract.  Southwest Gas may
also utilize the Bloomfield Compressor on an alternate basis.


The report named: NG - PROPT P/L <http://trv.corp.enron.com/linkFromExcel.asp?report_cd=11&report_name=NG+-+PROPT+P/L&category_cd=5&category_name=FINANCIAL&toc_hide=1&sTV1=5&TV1Exp=Y&current_efct_date=10/22/2001>, published as of 10/22/2001 is now available for viewing on the website.


Thank you for your request. You will be notified by email when your request has been processed. You can check the progress of your request by clicking http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000080689&Page=MyReq.


We have another new addition to the Portland West Desk.  Beginning today,
Craig Dean has joined the Real-Time Trading group.

Prior to Enron, Craig worked as a statistics Intern at US West, a Financial
Advisor with H&R Block, and most recently, as a Financial Advisor at Morgan
Stanley. He is a '96 graduate of Washington State University with a degree in
Accounting and Finance.

Please welcome Craig to our Portland Office!


Notice No. 00-406
December 4, 2000

TO:
All NYMEX Members/Member Firms
All NYMEX Clearing Members
All NYMEX Floor Traders
All NYMEX Operations Managers

FROM: George Henderson, Vice President

RE:  Options Expiration Operational Procedures for the Trading
Floor and Clearing Members
____________________________________________

The expiration date for the January 2001 options contract for Platinum (POF1)
is Friday, December 8, 2000.

GENERAL OPERATIONAL PROCEDURES

All Clearing Members and Qualified Floor Traders that carried an options
position as of the close of business day prior to the expiration day, or
engaged in trading activity on Expiration Day in the expiring options
contract will be required to have a knowledgeable, duly authorized
representative present at their normal work station promptly at 5:30 p.m.
until released by the Exchange staff as specified below.  All adjustments
and/or corrections, must be accompanied by relevant supporting documentation
prior to being incorporated into expiration processing, in essence making the
expiration processing an extension of the afternoon trade resolution
procedures.  All input to the NYMEX Clearing Department will conclude no
later than 30 minutes after floor representatives are released.

Exchange Clearing (299-2110), Floor Trade Correction (299-2068 and 299-2169)
personnel, as well as a representative of the Floor Committee will be
available to assist with the processing of notices of Exercise and
Abandonment, position transfers, trade corrections and other questions or
problems you may have.

CLEARING DEPARTMENT OPERATIONAL PROCEDURES

The Option Expiration process is a screen based process for which all
information is provided on the screens on C21 terminals. No Option Expiration
Reports will be provided. The following screens will assist you through the
Option Expiration process:

MEMBER TRADE INQUIRY
Contains real-time top day trade information, trade information for the
previous 4 business days and trades adjusted for the previous 4 business days
by adjustment date.

SINGLE POSITION MAINTENANCE
Contains a real-time snapshot for each option series from the start of day
position to the projected end of day position.

REVIEW ACCEPT REJECT TRANSFERS
Contains all trade and position transfers "TO" your firm and the status of
each transfer.

REVIEW SUBMITTED TRANSFERS
Contains all trade and position transfer "FROM" your firm and the status of
each transfer.

EXERCISE NOTICE SUBMISSION
Contains your available long position and an input field to enter the number
of long positions you wish to exercise.

DO NOT EXERCISE SUBMISSION
Contains your available long position and an input field to enter the number
of long positions you wish to abandon.

POSITION CHANGE SUBMISSION
PCS may be submitted either by manual input or by electronic transmission.
Any PCS input on a Clearing 21 terminal will be the input processed by the
system.  This input may be made at any time prior to 7:10 p.m.  Any PCS input
via transmission for that contract series will be disregarded.

ALL POSITIONS ARE DEEMED FINAL
Upon completion of all PCS input, all positions will be deemed final.

EXERCISE/ASSIGNMENT INFORMATION
Will be available to you on the Single Position Maintenance window by
contract series or the Assignment List window which contains all your
Assignments on one window. You will be notified of its availability by C21
E-Mail and by Fast Facts. This should occur within 1 hour of the last PCS
input.

All Clearing Members are required to have an authorized representative(s) at
their C21 workstations in preparation for any communication during the
expiration process.

FAST FACTS
Clearing Members should call the Fast Facts information service 301-4871,
access code 700 for event messages advising Members of the event status.

E-MAIL
Clearing Members should read their C21 E-Mail messages immediately to be
aware of event status.

The standard event Fast Facts and/or E-Mail messages and the sequence in
which they will be announced are:

Standard Event Message: Announce Out-of-the Money Exercise and In-the-Money
Do Not Exercise Submissions
Approximate Time of Message Availability: 5:45 PM
Usual Event Time: 5:45 PM
Announced via Fast Facts

Standard Event Message: Announce Final Input to C21 Cutoff Time
Approximate Time of Message Availability: 6:55 PM
Usual Event Time: 7:10 PM
Announced via e-mail

Standard Event Message: All positions are deemed final
Approximate Time of Message Availability: 7:10 PM
Usual Event Time: 7:10 PM
Announced via Fast Facts

Standard Event Message: Announce Exercise/Assignment Information Available on
the Single Position Maintenance Windows
Approximate Time of Message Availability: 8:25 PM
Usual Event Time: 8:30 PM
Announced via Fast Facts and e-mail

Standard Event Message: All Report Distribution is completed
Approximate Time of Message Availability: 11:00 PM
Usual Event Time: 11:00 PM
Announced via Fast Facts

The times appearing in the Usual Event Time column are based on normal
operational conditions and could vary.

NYMEX EXPIRATION DAY PROCESSING OVERVIEW OF MEMBER REQUIREMENTS

Time: 5:30 PM
Activity: Exercise Notice Submission
Event: Input to C21 Cutoff Time
Reference Number: 1

Time: 5:30 PM
Activity: Do Not Exercise Submission
Event: Input to C21 Cutoff Time
Reference Number: 2

Time: 5:45 PM
Activity: Announce Out-of-the-Money Exercise and In-the-Money Do Not Exercise
Submissions
Event: Fast Facts Notice
Reference Number: 3

Time: 6:55 PM
Activity: Announce Final Input to C21 Cutoff Time
Event: C21 E-mail
Reference Number: 4

Time: 7:10 PM
Activity: Final Input to C21 Cutoff Time
Reference Number: 5

Time: 7:10 PM
Activity: All Positions are Deemed Final
Event: Fast Facts Notice
Reference Number: 6

Time: 8:25 PM
Activity: Announce Exercise/Assignment Information Available on the Single
Position Maintenance Windows
Event: Fast Facts Notice and C21 E-mail
Reference Number: 7

If you have any questions concerning these procedures, please contact Charles
V. Bebel at 299-2130, Angel Rivera at 299-2150 or Anthony DiBenedetto at
299-2152 prior to the expiration date.

__________________________________________________
Please click on the link below to indicate you have received this
email.

"http://208.206.41.61/email/email_log.cfm?useremail=sara.shackleton@enron.com&
refdoc=(00-406)"

Note: If you click on the above line and nothing happens, please copy
the text between the quotes, open your internet browser,
paste it into the web site address and press Return.


Hi,

I'm responding to an email sent by Tim Callahan on Nov 30 regarding questions on tax equalization.  I also left a voice-message for you.

I'm in the Calgary office and paid out of the U.S.  I've been operating under the assumption that i
wouldn't get hit twice on income taxes as there is a "credit" between Canada and the U.S.  However, after doing some reasearch on the IRS website, it seems there may be a cap to the "credit" that is allowable.  Do you know anything about this? or can you point me to someone who might be knowledgeable in such matters?

thanks,
Cooper Richey
403 974 6946


Nagesh ,

I would like to have the CPR Position Manager resorted for the Texas/HPLC
screen as Follows:

Houston Pipe Line
East Texas Gas Systems
NNGB
Humble Gas Pipeline
Oasis Pipeline Company
PG&E Valero
PG&E TECO
Remaining pipelines in alphabetical order.

In addition to this, please sort the location level (zones) under Houston
Pipeline as follows:

01-Thompsonville
14-South Texas
02-Robstown
19-King Ranch
11-Corpus
03-A/S South
04-A/S Central
07-A/S East
08-East Texas
15-Katy
16-West Loop
10-Ship Channel
Remaining zones in numerical order

Let me know if you have any questions or problems.  Thanks.

Daren


Letter dictated by Ken Lay

Gene:

 I appreciated the update on your health status.  It appears you are taking a
very tough situation and, with help from some of the best doctors in the
world, setting about to turn it around.  I'm sure it goes without saying that
you know we are all pulling for you and betting on a positive outcome.

 Clearly your health is the number one issue now.  To the extent you want to
work and can work, we are delighted to have you back in the office.  But that
is a very distant secondary concern until you get everything done about your
health that can be done.  If there is any way I or Enron can be of any
further help, please let me know.

Ken


From: Office of Emergency Services

NATIONAL WEATHER SERVICE SACRAMENTO CA
RED FLAG WARNING THROUGH THIS EVENING FOR THE EAST SIDE OF THE TAHOE
NATIONAL FOREST ALONG AND EAST OF THE SIERRA CREST FOR MODERATELY
STRONG SOUTHWEST TO WEST WIND AND LOW HUMIDITY.
FIRE WEATHER ZONES INCLUDED IN THIS WARNING ARE...541.
DISCUSSION: A WEAK DISTURBANCE PIVOTING THROUGH THE PACIFIC NORTHWEST

AND NORTHERN CALIFORNIA THIS AFTERNOON IS BRINGING BREEZY SOUTH TO
SOUTHWEST WINDS TO THE AREA. WINDS IN THE WARNING
AREA ARE SUSTAINED IN THE TEENS GUSTING UP TO ALMOST 30 MPH WITH
HUMIDITY READINGS IN THE SINGLE DIGITS. THE WINDS ARE EXPECTED TO
DROP OFF SIGNIFICANTLY AFTER ABOUT 2100 THIS EVENING AND HUMIDITY
READINGS SHOULD CLIMB ABOVE 20%. THEREFORE THE RED FLAG WARNING
SHOULD EXPIRE BY MID EVENING. LIGHTER WINDS AND SLIGHTLY HIGHER
HUMIDITY ARE EXPECTED ON SUNDAY.

For more information contact:
For more information please contact the OES Warning Center @ 916-262-1621

EDIS-08-20-01 1527 PDT

---------------------------------------------------------
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visit our webpage at http://www.incident.com/edismail.html.
Please DO NOT reply to this message: replies may be treated as
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cannot process subscription, unsubscribe or selection-change
requests via email: please use the webpage for those requests.

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Jeff, Jane is off to the technical hearing in Washington tommorrow.  Are you available today to discuss regulatory issues. pls advise and we can set up a time.

BT

 -----Original Message-----
From: 	Dasovich, Jeff
Sent:	Monday, July 16, 2001 1:41 PM
To:	Tycholiz, Barry; Lawner, Leslie; Miller, Stephen; Cantrell, Rebecca W.
Subject:	Utility authority to engage in derivative transactions

Barry, et al:

FYI.  Some initial info I got from our outside council regarding utility authority to engage in financial risk management tools.  More info to follow as we get it.  If you have quesitons, comments, or suggestions for additional research needed, just holler. Please forward to others who might need it.

Best,
Jeff

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Electric:  SCE, PG&E and SDG&E are all authorized to enter into bilateral
forward transactions with non-ISO or PX parties.  D.00-08-023 and
D.00-09-075.  These transactions are limited to contracts which must expire
on or before 12-31-05.  Initial contracts are subject to a blanket
reasonableness test (if less than 5% above cost of non-forward cost of
portfolio=deemed reasonable)  but contracts after 12-31-02 will be subject
to a CPUC preapproval process.

Gas:   PG&E authorized to use gas hedges for all purposes (D.98-12-082) but
limited to contracts expiring on or beforce 12-31-02 and limited to $200
million in cost or 800 MMcfd in volume.  We are looking for a similar
resolution or decision for Sempra.  Haven't found it yet, but we believe
they have been given similar authority.


As you are probably aware, the Commission, at the pre-hearing conference on
October 26, rejected the utilities proposals to roll a bunch of related
issues into addressing their undercollection issue.  At this point, it
doesn't appear as though there will be hearings.  However, we do have to
file comments by November 9 on the utilities claims (taking, violation of
the filed rate doctrine, etc) and TURN's proposal.  TURN proposed to fold
the undercollected balance into the TCBA and let nature take its course
through the end of the transition period.

Our comments will go toward supporting TURN, in concept, refuting utility
claims of taking.  We may want to consider teeing up some of the ideas of
an equitable allocation of high costs to ratepayers.

Let me know your thoughts, who else will want to weigh in on this.


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I didn't go back and check, but I believe the bills of sale or the
assignment/assumption agreement may help, as one of these should have the
serial number.  I think you may have a spread sheet that ties serial numbers
to unit numbers.  At least I hope so!

Let me know if this doesn't get you what you need.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 01/22/2001 01:37
PM ---------------------------
From: Suzanne Adams@ECT on 01/17/2001 02:47 PM
To: kwiemer@milbank.com, Kathleen Carnahan/NA/Enron@Enron, Kay
Mann/Corp/Enron@Enron
cc:

Subject: E-Next Generation Docs

Attached are the documents that you asked me to change the signature line:


Jeff

I thought you might find this of interest.  Who would have guessed that the California power crisis and Gray Davis could be so funny.

Kevin

Los Angeles Daily News
Friday, June 22, 2001
'Tonight Show' pokes fun at power crisis

By Fred Shuster
Staff Writer

BURBANK -- Jay Leno pulled the plug on his late-night chat show Thursday, doing his part for the state's energy crisis, but viewers weren't left in the dark.
Flashlights, mining helmets and multicolor glow sticks helped to illuminate the set for the show dubbed a one-time-only "The Tonight Show Unplugged," which Leno said saved enough electricity to light a house for a month.
 [IMAGE]
 The "unplugged" edition of "The Tonight Show with Jay Leno" pokes fun at the California power crisis(Reed Saxon / A.P.)

Call it NBC's "Can't See TV."
"This is not some cheap rating ploy. ... If this works, they're gonna make us do this every night," Leno joked as part of his opening monologue.
The nationally broadcast show, featuring a comic interlude with California Gov. Gray Davis, utilized just a small amount of electricity to run the cameras, Leno said before the show began.
Actually, in Burbank, where the taping took place at NBC Studios, the city owns the power company and residents and businesses have not been hit by rolling blackouts as in other areas. The city made $5 million in profit in May after racking up $60 million in excess power sales.
But Leno said not using studio lights, TV monitors, amplifiers and other power sources Thursday saved enough electricity to light a four-bedroom house for a month.
Members of the house band wore miner's helmets, with group leader Kevin Eubanks strumming an acoustic guitar rather than his regular electric instrument.
The stage was lit by candles, torches and flashlight beams trained on Leno. Members of the studio audience used the gear to help brighten the set.
"This is real goofy," Leno said before taping got under way. "We'll see what happens." Guests included Arsenio Hall, Gilbert Gottfried, a trainer of nocturnal animals and a Hawaiian fire dancer -- and a brief visit from the governor.
Exuding whatever is the direct opposite of charisma, Davis had a brief exchange with Leno, drawing laughs with the line, "This is the first time Gray Davis and (the word) electricity have ever appeared in the same sentence."
Leno's staff wore glasses with small lights attached and audience prompter Bob Perlow held a hand-scrawled applause sign aloft throughout the show instead of switching on the usual electric model.
While there was little energy in play, there was no shortage of laughs.
Leno joked that President George W. Bush told Davis not to worry because, "I've been operating in the dark for years."
Those in the studio said Leno's nocturnal transmission added excitement to the program.
"It was cool," said Lillie Harrell, 17, a tourist from Hammond, La. "The crowd got really involved. I guess it shows you don't really need all those lights."
Added Jose Tano, 21, a Burbank resident and student at the University of California, Los Angeles, "It was a good idea and a great way to make a point."
The local power company might not have made out very well, but the studio audience didn't end up empty-handed. Each received a fluorescent lantern and pack of batteries as they left the studio.

___________________________________
Contact Information
E-mail
kevinscott@onlinemailbox.net
Phone
(213) 926-2626
Fax
(707) 516-0019
Traditional Mail
PO Box 21074 ?Los Angeles, CA 90021
___________________________________

 - image001.jpg
 - image001.jpg


---------------------- Forwarded by Ami Chokshi/Corp/Enron on 06/16/2000
09:34 AM ---------------------------

"Steve Holmes" <Steve.Holmes@dvn.com> on 06/16/2000 08:57:43 AM
To: <Ami.Chokshi@enron.com>, <Jesse.villarreal@enron.com>
cc:

Subject: EI 314 Revised Availability Effective 6/17/00 (Columbia Gulf)

Please see the attached revision to be effective 6/17/00.

Thanks,

Steve Holmes
Devon Energy Corporation
(405) 552-4665
steve.holmes@dvn.com

 - EI314reveff061700.xls


Attached is the link that will allow you access to referenced database.
Please note, that we have just upgraded the database to add the ISDA
definitions, branch offices approved for trading, and market disruption
provisions.  This information should be inputted for the new master swap
agreements on a going forward basis, but we still need to go back and
repopulate the data for the existing master swap agreements.

Also, FYI, the "See" drop down is our nickname for the name changes and
mergers reference.  If an item is filled in for that entity it should show
you any prior or new names for the counterparty.

If there is anyone else who would like the link, please let me know and I
will forward it to them.

We hope you find the information provided in this database helpful.

Link -->


You have received this message because someone has attempted to send you an e-mail from outside of Enron with an attachment type that Enron does not allow into our messaging environment. Your e-mail has been quarantined and is being held at the MailSweeper server.

Sender:  carmen.peters@nissan-usa.com
Date:  Mon, 19 Nov 2001 14:09:59 -0800
Subject:  Happy Thanksgiving!
Attachment Type: Scenarios/Incoming/Inbound EXE Catcher: A filename matching the file mask was detected: 'thanksgiving_1.exe'.

If the intended email is of valid business-related content and you believe it requires Enron resources to retrieve it, you may call your Help Desk and ask to have it released from quarantine and delivered to your e-mail Inbox. Your message will be scanned and checked for viruses prior to requested release.  If it contains a virus or there is reason to suspect it is malicious code, it will not be delivered.

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European Resolution Center: 0044 207 78 36777
EES Help Desk: 888 853 9797
ETS Solution Center: 713 345 4745 (Houston) or 402 398 7454 (Omaha)

Please DO NOT reply to this address as it is not a monitored system mailbox.


One of Travel Agency in the Park's major phone lines has been damaged due to
downtown construction.  The line is currently being repaired with an
estimated down time of approximately 4-6 more hours.  Calls are currently
being routed to 713-853-4801 and 713-345-5164.  We will send additional
notification if this problem persists.  We apologize for any inconvenience.


If you thought I ignored any of your communications last week, I did it
because I was on vacation.  I'm back!  I'll catch up as soon as I can.

Read attached draft from EPSA.
---------------------- Forwarded by Mary Hain/HOU/ECT on 09/25/2000 03:37 PM
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Jackie Gallagher" <JGallagher@epsa.org>
09/25/2000 01:03 PM

To: <bhawkin@enron.com>, <bmerola@enron.com>, <christi.l.nicolay@enron.com>,
<janelle.scheuer@enron.com>, <jhartso@enron.com>, <mary.hain@enron.com>,
<sarah.novosel@enron.com>, <tom.hoatson@enron.com>
cc:
Subject: Boston Pacific Statistical Research Project

MEMORANDUM

TO: Regulatory Affairs Committee
       Power Marketing Working Group

FROM: Don Santa, Regulatory Affairs Committee Chair
            Joe Hartsoe, Power Marketing Working Group Chair
            Julie Simon, Vice President of Policy
            Mark Bennett, Senior Manager of Policy

DATE: September 25, 2000

RE: Boston Pacific Statistical Research Project

Attached you will find a draft of a statistical research project, "A First
Look at Price Spikes, Price Caps, and Their Effect on the Emergence of a
Fully Competitive Electricity Market," prepared by Boston Pacific Company,
Inc.  The project was commissioned by both EPSA and several members, all of
whom had input into the development of the project.  The goal of the project
is to provide some statistical background for the concerns surrounding the
high electricity prices in California this summer.

Please review the attached document so we can discuss it on our weekly Power
Marketers conference call and distribute the final product to FERC by the end
of the week.  The call will be held on Wednesday, September 27th at 11:00
a.m.  To access the call, dial 1-800-937-6563 and ask for the Julie
Simon/EPSA call.  If you have any questions, please contact Julie Simon at
202-789-7200 or jsimon@epsa.org.

Jacqueline Gallagher
Research/Policy Assistant
Electric Power Supply Association
1401 H Street, NW
Suite 760
Washington, DC  20005
202.789.7200
202.789.7201
jgallagher@epsa.org

 - KEY POINTS 9_22_2000.doc
 - Appendix One.xls
 - California PJM and NE Tables revised.xls


Okay, team!  This is your last chance to train, and what an opportunity to
train with Dan Lyons who knows the ropes and wants to help you train.  Not
only that.....he's good for a laugh.  The guy who loves Hawaiin shirts and
loves to cycle - interesting combination.  He's also a big-league fundraiser,
and has now just crossed the $20,000 mark.  My wish for you is that you get
to $6,000 so that you can can enjoy the Tour of Champions in Sedona with Dan
and the gang.  It'll be a trip you'll never forget -- the mountain biking
maybe -- but the Hawaiin shirts never!  100 miles or 50 miles - your choice
for this weekend.

Saturday - April 8

    1. The 100-mile ride will start at 8:00 AM sharp from Tomball Middle
School/Jr. High on FM2920(which is the main street of Tomball) about a mile
east of TX249. To get there either take TX 249 north to FM 2920 and turn
right and go about a mile east or take I45 North to FM 2920 and go west until
you hit Tomball and go through town to the start point.  It will go north
through Egypt and Honea up to Montgomery and then north and west to Richards
in Grimes County via the Sam Houston National Forest.  It will then loop west
and south coming back via Dacus and Dobbin.  This century will get you ready
for the big ride.

   2. The main ride will be a fairly hilly century, designed to get you ready
for the150 the following weekend, but the map provided at the start will also
show a 50 mile route that is only lightly hilled.

P.S. - Dan won't be in the office this week, so if you have any questions,
too bad!  Just kidding - call me and I'll see if I can help.

Saturday - April 8 - Official MS150 Training Ride

Bike Barn Clear Lake - 8:00 AM - 50 & 80 miles
Bike Barn: 281-332-6433
Bike Barn: 281-472-6651

AND AS A GRAND FINALE TO THE WEEKEND, WHY NOT DO "RIDE FOR THE ROSES' IN
AUSTIN ON SUNDAY, APRIL 9?

Ride for the Roses was started 3 years ago to honor Lance Armstrong's return
from cancer and benefits the Lance Armstrong Foundation.  It starts at 7:00
AM at the Travis County Expo Center at 7311 Decker Lane in Austin, and you
can get more information on their website......www.laf.org.  It is 10 to 100
miles.  Attached is the registration form.


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This rig drilled only 5 wells from the Draugen platform in the Norwegian sector of the North Sea.  Click on the link below for full details, photos and seller contact information:   http://www.rigzone.com/market/surplus_listing.asp?eq_id=397            Exploration [IMAGE]      [IMAGE]     [IMAGE]  McMoRan Sells Certain Oil & Gas Assets  McMoRan Exploration Co. has signed a definitive agreement to sell three of its oil and gas properties to a third party for $60 million.     [IMAGE]   [IMAGE]       Production [IMAGE]      [IMAGE]     [IMAGE]  TotalFinaElf Starts-Up Desgas Project in Syria  The Desgas project establishes TotalFinaElf as a key gas industry player in Syria, where the Group already operates a production of around 50,000 barrels per day of oil in partnership with the SPC.  CNOOC Orders FPSO  CNOOC orders FPSO capable of handling 4.5 million tons of crude for its Fanyu Oilfield.  Unocal Replaces 222% of 2001 Production  Unocal Corporation said it replaced 2! 22 percent of its worldwide crude oil and natural gas production during 2001 with new proved reserves.  ExxonMobil Replaces 111% of Production  ExxonMobil Corporation announced that additions to its worldwide proved oil and gas reserves totaled 1.8 billion oil-equivalent barrels in 2001.    [IMAGE]   [IMAGE]       Company & Financial News [IMAGE]      [IMAGE]     [IMAGE]  Swift Completes Acquisition of New Zealand Assets  Swift Energy has completed the acquisition of Southern Petroleum for approximately US $54.4 million in cash.  Chinese Companies On Buying Spree  Chinese oil companies are in the market for investments to enhance shareholder value and boost supplies for domestic refineries.    [IMAGE]   [IMAGE]       Last 7 Days Top Stories [IMAGE]      [IMAGE]     [IMAGE]  Kvaerner Awarded  Escravos FEED Contract  Kvaerner has been awarded the FEED work for the Escravos Gas Project Phase 3 by NNPC/Chevron.  Court Rules on Offshore Injury Case  United States Fifth Circuit Court of Appeals decides that wireline perforation used in drilling and capping wells is not "ultrahazardous".  Conoco Sets Budget for 2002  Conoco to spend the majority of its $2.8 billion dollar budget on upstream operations in 2002.  Transocean Puts Two Rigs Back to Work  Transocean Sedco Forex Inc. has been awarded contracts for two high-specif! ication floating drilling rigs and has received a contract extension on a third high-specification floating drilling rig.   Marathon Makes Discovery in Alaska  Marathon oil has made a significant discovery on its Ninilchik Prospect located approximately 35 miles south of Kenai, Alaska.  Bouygues/Saipem Awarded Algerian Contract  Sonatrach has awarded a joint venture of Saipem and Bouygues a $257 million oilfield development project in Algeria.  Shell Hits Offshore Nigeria  Shell Nigeria has made a significant discovery in the deep waters offshore Nigeria.  Kvaerner To Open New Umbilicals Facility  Kvaerner has decided to invest NOK 100 million in a new umbilicals production facility for the subsea segment of the oil and gas industry in the Gulf of Mexico or Houston area.  Westcoast Energy Reaches Milestone in Mexico  Westcoast Energy announced has reached a major milestone in the development of the Campeche Natural Gas Compression Services Project in Mexico.  Trident Appraisal Well Successful  Unocal Corporation said that it continues to be encouraged after successfully completing the first appraisal well at the Trident deepwater Gulf of Mexico discovery in Alaminos Canyon Block 903.  Pogo Plans Aggressive Capital Program in 2002  Pogo's Board of Directors has approved a $340 million capital and exploration budget for 2002 and has planned an aggressive exploration and drilling schedule.  Unocal Installs Production Platform Offshore Indonesia  Unocal's Yakin field production platform was installed using a float over and ballast down technique resulting in a substantial cost and time savings for Unocal.    [IMAGE]   [IMAGE]       Upcoming Oil & Gas Industry Events [IMAGE]      [IMAGE]     [IMAGE]  Jan. 29    NAPE Expo 2002  Houston Feb. 6     Torch Mid-Winter Energy Conference  New York Feb. 7     Marine Construction 2002  Houston Feb. 10    2002 SPE International Petroleum Conference & Exhibition in Mexico  Villahermosa Feb. 26    2002 IADC/SPE Drilling Conference and Exhibition   Dallas Feb. 26    Offshore Oil and Gas Safety Seminars  Aberdeen Feb. 27    Human! 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[IMAGE] [IMAGE]   Gulf of Mexico Activity Report  [IMAGE]  [IMAGE]   [IMAGE]   more products   [IMAGE]      [IMAGE] [IMAGE]  featured eq! uipment: IDECO 3000HP Mechanical Land Rig  [IMAGE]   Ambar Marine 26' Fast Rescue Boats  [IMAGE]   [IMAGE]   [IMAGE]   more equipment      [IMAGE] [IMAGE]   featured jobs:  - Hydrographic Surveyor  - Account Rep - Business Development  - Well Site Geologist   more hot jobs >>   featured candidates:  - Planning & Scheduling Engineer   - Exp. Drlg. Consultant  - Exploration Geophysicist & Seismic Acquisition QC search for candidates >>   [IMAGE]   [IMAGE]     [IMAGE] [IMAGE]   Drillships:  To 5000':   50.0% (7/14) +5000':   96.0% (24/25)  Semisubs:  2nd Gen:   69.9% (51/73) 3rd Gen:   86.0% (43/50) 4th Gen:   100.0% (38/38) 5th Gen:   100.0% (7/7)  Jackups:  To 200':   58.2%  (39/67) 200' MC:   58.3% (14/24) 200' MS:   14.3% (3/21) 300' IC:   86.5% (83/96) +300' IC:   92.6% (50/54) Severe Env.:   90.5% (19/21)  [IMAGE]   [IMAGE]   view complete utilization report      [IMAGE] [IMAGE]  Light Crude Oil:  $20.10/BBL  (3.61%) Brent Crude Oil:  $19.60/BBL  (-1.95%) Natural Gas:  $1.92/MMBtu  (-5.42%) Unleaded Gasoline:  $0.58/gal  (0.00%) prices from:  1/28/2002 change since:  1/25/2002  [IMAGE]   [IMAGE]    [IMAGE] 	[IMAGE]
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Sara and Ted,
ECT Investments Inc. is establishing an Excuting Broker relationship with
Lehman Brothers.  The purpose is order flow and research which Lehman
provides to Equity Trading.
Kelly is forwarding the agreement to Samantha Boyd.
Please do not hesitate to call if questions.
Sheila


I will be out of town that day (a meeting I can't move).  Please continue to
let me know about future meetings.

Lora Sullivan@ENRON
12/16/99 03:25 PM

To: Steven J Kean/HOU/EES@EES, Steven J Kean/HOU/EES@EES, Terence H
Thorn/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Hap Boyd/EWC/Enron@Enron, John
Ambler/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jose
Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rob Bradley/Corp/Enron@ENRON,
Aleck Dadson/TOR/ECT@ECT, Carolyn Green/HOU/AZURIX@AZURIX, Chris
Long/Corp/Enron@ENRON, Mac McClelland/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
David Merrill/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Peter Styles/LON/ECT@ECT,
Scott Bolton/Enron Communications@Enron Communications
cc: rcfisher@hillsandco.com
Subject: Meeting of the Energy Services Coalition (ESC) Enron Task Force,
Houston, TX, Friday, 1/14/00

Enron Task Force Member

At the call of Joe Hillings we plan to hold a meeting of the ESC Enron Task
Force in Houston on Friday 1/14/00 from 8:00 AM until Noon.  We would like to
have dinner at a Houston restaurant on 1/13/00 @ 7:00 PM.

If you are able to attend all or part of the meeting please advise.  Details
on dinner and Enron Building room location to follow.

Joe Hillings
******************************************************************************
***********************************************
RSVP to Lora Sullivan:
John Ambler  ___
Jose Bestard  ___
Scott Bolton  ___
Hap Boyd  ___
Rob Bradley  Yes
Aleck Dadson  ___
Carolyn Green  ___
Chris Long  ___
Mac McClelland ___
David Merrill  ___
Peter Styles  ___
Terry Thorn  ___

cc: Bob Fisher (Would you be available to attend this meeting?)  EJH


Chris' remarks are true with one wheeled trailers, but still worth a shot.
I am hesitant to blow 800 at Mission for their work.  I think we can shop around for parts and piece this thing together over time---certainly no hurry.

----- Original Message -----
From: Erik Wollam
Sent: Tuesday, April 30, 2002 4:43 PM
To: knipe3@msn.com; Joe.Parks@bridgeline.net; brianc@saltgrass.com
Subject: golf cart

Joe, see end of message.

Pig, the cart is in fine shape and has been taken to Austin by Chris and is
being stored at their yard. He advises that it should be retreived promptly,
theft concerns.

Chad and I have been investigating Trailer costs. 400 to 500, unless we get
lucky on a used one and they are scarce and we would still pay 350 for it.

Nobby Tires and lift kit can be done at Mission Equiptment for 800. to do it
ourselves (read chad) will cost at least 500 i guess in parts.

My thoughs. If you are still uncomfortable with transporting in your truck,
then we need to spend the money to get the trailer and drive as is and built
a box on the back. If you think it is ok, then consider spending money to do
tire and suspension job.
I will be in AUstin in a few weeks for depo and will be prepared to bring
unit home in a) purchased trailer b)rented trailer c)pigs truck.
Need to make a decision here.

Joe: Any word on borrowing friends mothers trailer? Any interest in becoming
a part owner? Any chance of being able to borrow Kim's grandfather's big ass
trailer to be pulled by my truck???

Trailer issues per chris, pulling one axle trailer that distance is tricky.
May wobble if load not well balanced. Probably ride better in back of truck
or on longer two axle trailer which will track better.

_________________________________________________________________
Join the world's largest e-mail service with MSN Hotmail.
http://www.hotmail.com


---------------------- Forwarded by Paul Drexelius/CES/ColumbiaGas on 12/27/99
08:10 AM ---------------------------

Marianne Stiles
12/27/99 07:27 AM

To: Morgan Sharifi/CES/ColumbiaGas@ColumbiaGas
cc: Noel Bartlo/CES/ColumbiaGas@ColumbiaGas, Paul
Drexelius/CES/ColumbiaGas@ColumbiaGas
Subject: Revised CNG deliveries - Hope #'s Jan 00

Here are the final numbers to my retail deliveries.

 - Book2.xls


Please set up the following CES Equitrans, LP contracts with ENA as agent.

Contract 238
Frimness IT
Service  Transportation
Rate Sched ITS
Term  1/1/2000 - 1/31/2000 evergreen

Contract 270
Firmness Firm
Service Type Transportation
Rate Sched FTS   <=== new service see tariff page 25
Term  1/1/2000 - 1/31/2000 evergreen.

thanks


FYI:  Please see attached.
?
Scott
Message-ID: <85256A48.005B7E16.00@Pegasus.NYISO.Com>
From: marketrelations@nyiso.com
Reply-To: market_relations@nyiso.com
To: marketrelations@nyiso.com
Subject: NYISO - Additional AMP Documentation
Date: Thu, 10 May 2001 12:39:18 -0400
MIME-Version: 1.0
X-Mailer: Internet Mail Service (5.5.2653.19)
Content-Type: multipart/mixed;
boundary="----_=_NextPart_002_01C0D96F.4BD26210"

Dear Market Participants,

The NYISO Market Monitoring and Performance Unit is providing
the following attachments regarding information on the development
and implementation of reference prices in the AMP:

?? Sample AMP Letter
?? AMP Data Template User Manual
?? AMP Cost Worksheet

(See attached file: AMP_genletter.PDF)(See attached file:
AMP_Data_Template_User_Manual.doc)

(See attached file: AMP_COST_WORKSHEET.xls)

Regards,

Leigh Bullock
NYISO Market Services
(518)356-7503

?
 - AMP_genletter.PDF
 - AMP_Data_Template_User_Manual.doc
 - AMP_COST_WORKSHEET.xls
Message-ID: <85256A48.0052DF75.00@Pegasus.NYISO.Com>
From: lmoore@nyiso.com
Reply-To: market_relations@nyiso.com
To: marketrelations@nyiso.com
Subject: NYISO - Weekly Update - May 9, 2001
Date: Thu, 10 May 2001 11:02:45 -0400
MIME-Version: 1.0
X-Mailer: Internet Mail Service (5.5.2653.19)
Content-Type: multipart/mixed;
boundary="----_=_NextPart_002_01C0D96F.4BD26210"

Dear Members of the MC, BIC, OC, and TIE List,

Attached, please find the NYISO Weekly Update.? This Update
is written jointly by Mollie Lampi and other NYISO staff.

The NYISO Weekly Update provides a brief status report of, or
progress on, a range of issues that are under discussion at NYISO
Committee meetings or are being undertaken by NYISO Staff.

Many, but not all, of these issues are being addressed through the
NYISO Committee structure.? Market participants may raise any
comments or questions on items covered in the update through
the Committee structure, or directly to Mollie Lampi (mlampi@nyiso.com.).

You can find editions of the Weekly Update on the "NYISO
Committees" page of the NYISO web site:
http://www.nyiso.com ---> Hot Topics ---> Committees ---> Weekly Update

or by clicking on the following link:
http://www.nyiso.com/services/documents/groups/weekly_updates/wkly_updates.htm
l

(See attached file: NYISO Weekly Update May 9, 2001.pdf)

?
 - NYISO Weekly Update May 9, 2001.pdf


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If the above links do not work or appear, simply copy this URL and paste it into your browser's address field: http://web1.customoffers.com/click.asp?lnk=1847&email=DON.BAUGHMAN@ENRON.COM

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Hey, I was wrong. I went back and checked.  DA got as high as about 16% of total load in May 2000.  On January 1 (contracry to Herr Angelides' letter), DA was about 7.3% of load.  On February 1 it was 3.5%.

Best,
Jeff


It is OK to sign the copy I emailed to you.  Just return the signed copy  to
me via fax 713/646-3490 and I will get is signed by an authorized officer
here and return it to you.  In your fax please tell me who you would like me
to send the return fax to.  Thanks for your prompt attention with this!


sorry!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Wednesday, February 06, 2002 9:58 AM
To:	Nelson, Michelle
Subject:	RE:

ok we will do it another time

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Wednesday, February 06, 2002 9:55 AM
To:	Maggi, Mike
Subject:	RE:

late sleeper?  i don't think that i am going to be able to go to lunch.  :(

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Wednesday, February 06, 2002 9:54 AM
To:	Nelson, Michelle
Subject:	RE:

yep just got in

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Wednesday, February 06, 2002 9:54 AM
To:	Maggi, Mike
Subject:

hey!  are you here?


Please be advised that I will begin sending you California/National Power
related messages twice a day (one during the mid-day and again in the late
afternoon), in order to avoid a sporatic flow of emails.

Below are the articles for this afternoon.


Please remember, when completing your expense reports, pull file from
Intranet by:

  Selecting SAP on Home Page
  Select - Quick Referencing Tools (left side of page)
  Select - Account Payable Forms
  Select - SAP Expense Report Form

Complete this task every time you would like to complete an expense report.
Each report is time-dated and is considered a reference number.

Remember your SAP codings:

  Cost Center Number - #111089
  GL Account Number -  (See cheat sheet I forwarded a few weeks ago.)
  GL Company Number - #0060

If you should have additional questions, please stop by (smile).

P.S.  For a quick reference, the GL Account Numbers for the most often used
items are listed below:

  Meals & Entertainment #52003000
  Travel & Lodging #52004500
  Dues & Membership #52004000
  Cell Phone, Pagers #52503500
  Subscriptions  #52508500
  Office Equipment #53600000


Yes. They are a great company to get in ISDA.  Mark

	Mary Cunningham <MCUNNINGHAM@isda.org>
	02/09/2001 02:02 PM

		 To: Mark Haedicke <Mark.E.Haedicke@enron.com>
		 cc:
		 Subject: Constellation Energy

Mark:

I know Duke will be no problem getting approved for membership during the
executive committee meeting .  In case anyone asks, do you know
Constellation Power Source?

Thanks.
Mary


tarry (TAR-ee) verb intr.

   1. To delay or be late in going, coming, or doing.

   2. To wait.

   3. To remain or stay temporarily, as in a place; sojourn.

verb tr.

   To wait for; await.

noun

   A temporary stay; a sojourn.

[Middle English tarien.]

tarry (TAR-ee) adjective

   Of, resembling, or covered with tar.

"You may strive to be like them, but seek not to make them like you.
For Life goes not backward nor tarries with yesterday.
You are the bows from which your children,
as living arrows, are sent forth."
Kahlil Gibran, Prophet.

This week's theme: words from poetry.

............................................................................
It is not the mountain we conquer but ourselves. -Edmund Hillary,
mountaineer and explorer (1919- )

What to give to the person who has everything? Give the gift of words.
Here is a gift that keeps on giving. To enter a gift subscription of
A.Word.A.Day, please visit http://wordsmith.org/awad/gift.html
To subscribe yourself, use http://wordsmith.org/awad/subscribe.html

Pronunciation:
http://wordsmith.org/words/tarry.wav
http://wordsmith.org/words/tarry.ram


Kevin,

As a follow up to our recent discussions concerning the SoCalGas RLS or
peaking rate, I am forwarding to you the proposed decision of ALJ Brown.  My
understanding is that at yesterday's Commission meeting the Commission made
a decision to approve a change to the current peaking rate tariff.  I should
have their decision within a couple working days.  I am forwarding their
draft decision.

The expected PD rate design for the new peaking rate would include SFV rate
design principals, demand charges determined over highest recorded usage
over a 12 month period, and inclusion of public purpose program charges.  At
this point we'll call it a modified cost of service approach.

If you have any questions, please call.

Mark Baldwin


One of Market Risk's primary responsibilities is to review Enron's trading
activities and provide feedback to management, and management's expectation
is that this is feedback and analysis is provided at the beginning of the
Houston trading day.  Global Risk Management Operations in Houston is now
providing Market Risk with a Enron Consolidated Preliminary DPR prior to 8
a.m. Houston time, for use in Market Risk's morning meeting where we review
all of Enron's trading activities from the prior day.  The only information
missing from this is the UK, and I understand we do not receive the London
DPR until 10:30a.m, 4:30pm your time.
I'm sure you're working toward obtaining a final DPR earlier in the day, but
meanwhile, we'd like to obtain a preliminary DPR that Global Ops can
consolidate for Houston management's use first thing in the morning, as
decisions need to be made each day based on Enron's consolidated exposure,
etc..   We understand they're preliminary, but we work off preliminary #s
from Houston, and I expect with the 6 hour time difference, your preliminary
#s will be much firmer than ours.  We can start with just P/L and VaR, so
it's not that many #s we need.  I'm hoping when we get the RisktRAC feeds
complete we'll be able to see positions earlier as well.

Please let us know when we can begin receiving this information.

Thank you,

Cassandra Schultz
VP, Market Risk Management
work 713 853 0429
cell 713 858 2618
home 936 321 2185