Please see the following articles:

Sac Bee, Fri, 7/6: Two more say Duke withheld power:
The company says it was responding to the state grid operator

Sac Bee, Fri, 7/6: Lockyer seeks SEC investigation of PG&E's financial
transfers

LA Times, Fri, 7/6: California State Seeks SEC Probe of PG&E Transfers

LA Times, Fri, 7/6: THE NATION Little Progress on Energy Rebate, Judge Hints

SF Chron, Fri, 7/6: Davis energy team denied pay
State controller says work for Edison is a conflict of interest

SF Chron, Fri, 7/6: Ex-staff speaks out against Duke
Two more charge prices manipulated

SF Chron, Fri, 7/6: Vallejo to produce its own energy
Conservation, generators expected to make city self-sufficient

Mercury News, Fri, 7/6: SEC asked to see if PG&E Corp. violated law with
subsidiary

Mercury News, Fri, 7/6: Judge may speed up electricity refund talks

Mercury News, Fri, 7/6: Davis keeps state addicted to fossil fuels
(Commentary)

Chicago Trib, Fri, 7/6: Economics fuels power solution in California Price
relief gains political support

Wash. Post, Fri, 7/6: California Changes Stance on Refunds; Two Sides Far
Apart In Energy Talks

WSJ, Fri, 7/6: U.S. Hearing Officer May Impose Pact
To End California Power-Overcharge Case

------------------------------------------------------------------------------
--------------------------------------------

Two more say Duke withheld power: The company says it was responding to the
state grid operator.
By Kevin Yamamura
Bee Capitol Bureau
(Published July 6, 2001)
Two more former workers from a Duke Energy power plant came forward Thursday
to bolster recent claims by colleagues that the power generator withheld
production to drive up prices.
But Duke attributed witness accounts of fluctuating generation to
instructions from the state's transmission-grid operator.
Richard J. Connors, an auxiliary operator, and E. Robert Edwards, an
electrician, said generation units at Duke's Chula Vista plant sat idle
during emergency periods for no apparent reason.
Three of their former co-workers -- two mechanics and a control room operator
-- told lawmakers two weeks ago that Duke had disposed of new parts and
varied its production.
While that testimony drew significant attention, it was countered Monday by a
report released by the state's Independent System Operator that showed the
ISO had in fact ordered Duke's up-and-down output Jan. 16-18.
On Thursday, the Charlotte, N.C.-based company leaned on the ISO report in
its defense.
"The ISO could have dispatched those units at will," said Duke spokesman Tom
Williams, referring to unused equipment.
But Lt. Gov. Cruz Bustamante, who has filed a lawsuit against generators,
contended that the ISO had based its orders on Duke's dubious bidding
history.
"These ISO orders came only after Duke had continuously manipulated the
market with price-gouging schemes forcing the ISO to regulate production,"
Bustamante said.
Connors and Edwards each worked more than 20 years at the South Bay plant in
Chula Vista.
For most of that time, the plant was owned by San Diego Gas & Electric. Two
years ago, Duke purchased South Bay and retained Connors and Edwards under
state-mandated agreements that ended in April.
Edwards said that during power blackouts in January, he saw a 225-megawatt
unit off-line. Other units, he said, were operating far below capacity.
"Our No. 1 priority in life was to make money," Edwards said.
Williams rebutted the claims as observations from those "who did not have the
complete picture."
"It's dead on, dead true that there are times when that plant is not running
at full capacity and there is a Stage 3," Williams said. "There may be
blackouts in San Francisco. But the reason why it's not running is because
the power can't move up Path 15 (a north-south bottleneck)."
Bustamante, however, maintained that Duke has continued to manipulate the
market, calling Connors and Edwards the "tip of the iceberg" in the
price-gouging investigation.
State Sen. Joe Dunn, D-Santa Ana, chairman of the Senate committee
investigating price manipulation, said Connors and Edwards may testify before
lawmakers after further evaluation.
Dunn added that his committee has talked to potential whistleblowers from
other power generators who said they have seen production decreases and
suspicious activities. It is undetermined whether they will testify, he said.

The Bee's Kevin Yamamura can be reached at (916) 326-5542 or
kyamamura@sacbee.com.

Lockyer seeks SEC investigation of PG&E's financial transfers
By Ed Fletcher
Bee Capitol Bureau
(Published July 6, 2001)
State Attorney General Bill Lockyer on Thursday asked the federal Securities
and Exchange Commission to scrutinize financial transfers made to PG&E Corp.
from its subsidiary that has filed for bankruptcy protection.
"SEC scrutiny is essential to protect the public interest, ratepayers and the
people of the state of California," Lockyer said in a prepared statement.
Charges that PG&E Corp. hastened the bankruptcy filing of Pacific Gas and
Electric Co. have been made before, responded Greg Pruett, a vice president
of PG&E Corp.
"That is an issue that has been investigated multiple times by the Public
Utilities Commission earlier this year, by an Assembly oversight committee,
and in each of these audits there has been no conclusion that the transfers
were inappropriate or that they were injurious to PG&E Co.," Pruett said.
In its filing with the SEC, the attorney general's office said that "without
meaningful review by the SEC, it cannot be determined what impact the
transfer of assets ... may have on the financial condition of the bankrupt
utility."
An SEC spokesman said the commission has yet to examine the petition.
Among other concerns raised by Lockyer's office is the transfer of more than
$4 billion from 1997 to 1999 to PG&E Corp. from PG&E Co.
The majority of the $4 billion came from the sales of PG&E power plants, as
was required by deregulation.
"The bulk of the money went to pay debt that was incurred to actually build
those plants," Pruett said.
The rest of the transfers were to pay stockholder dividends, he said.
PG&E filed for Chapter 11 bankruptcy protection in April after having run up
$6.6 billion in debt.

The Bee's Ed Fletcher can be reached at (916) 326-5548 or
efletcher@sacbee.com.

Business; Financial Desk
California State Seeks SEC Probe of PG&E Transfers
NANCY RIVERA BROOKS
?
07/06/2001
Los Angeles Times
Home Edition
Page C-2
Copyright 2001 / The Times Mirror Company
California Atty. Gen. Bill Lockyer on Thursday asked the Securities and
Exchange Commission to investigate PG&E Corp. for potential abuses of its
responsibilities as a utility holding company.
At issue is a series of transactions over the last several years in which
PG&E Corp. transferred funds from its utility, Pacific Gas & Electric Co.,
which now is operating under Bankruptcy Court protection. The money--more
than $4 billion since 1997--flowed to the parent company and to unregulated
sister companies of the utilities.
The transfers have been scrutinized by the California Public Utilities
Commission and the state Legislature with no finding of wrongdoing, said PG&E
Corp. spokesman Greg S. Pruett.
The SEC currently exempts PG&E from almost all requirements of the Public
Utility Holding Company Act because the San Francisco utility operates
primarily within California . That law regulates transactions between holding
companies and their utility subsidiaries.
Lockyer wants the SEC to withdraw PG&E's exemption, citing $13 billion in
PG&E assets outside of California .
"All the primary evils addressed by PUHCA are relevant to PG&E Corp.,"
Lockyer's petition to the SEC stated.
In Bankruptcy Court on Thursday, PG&E said it is close to reaching an
agreement with Calpine Corp. to pay more than $267 million it owes the San
Jose-based power generator and to preserve contracts for 453 megawatts of
relatively cheap electricity .
In all, PG&E buys about 2,600 megawatts of electricity from nearly 25
alternative generators, which are seeking repayment and release from their
contracts through Bankruptcy Court.

National Desk
THE NATION Little Progress on Energy Rebate, Judge Hints
RICARDO ALONSO-ZALDIVAR
?
07/06/2001
Los Angeles Times
Home Edition
Page A-30
Copyright 2001 / The Times Mirror Company
WASHINGTON -- The federal mediator seeking a settlement for billions of
dollars in alleged electricity overcharges in California signaled Thursday
that the talks are in trouble, and analysts said hope for a deal seems to be
fading.
Curtis L. Wagner Jr., chief judge of the Federal Energy Regulatory
Commission, said he may issue a report on the closed-door talks as early as
today if he sees no progress.
"The judge will perhaps issue a preliminary assessment of the talks," said
Tamara Young-Allen, a spokeswoman for FERC. "He will do this only if he feels
the talks aren't moving along as he sees fit."
Originally, a preliminary report from the judge was not part of the plan.
Wagner had previously said all sides would labor in private through the
weekend to try to get a deal by Monday's midnight deadline. If that failed,
the judge said he would take seven days to craft a proposed settlement for
FERC's governing board.
Kit Konolige, a power industry analyst with Morgan Stanley in New York, said
Wagner's announcement on Thursday amounted to a judicial distress signal.
"The judge wouldn't say something like this if the parties were close to a
settlement," said Konolige. "I suppose he may be trying to jump-start things,
but I think most people believed the sides were so far apart going into the
talks that it seemed like a long way to go to reach a settlement."
Although Wagner has imposed a gag order on participants, several people with
knowledge of the negotiations said Thursday that major power generators and
California officials have not budged from dug-in positions since the talks
began last week.
They also said the judge is extremely frustrated with the state and with
several large power suppliers.
California is demanding $9 billion in refunds. According to sources, the
generators have offered less than $1 billion. And some major power sellers
are insisting they do not owe anything.
Many experts say California has little hope of obtaining the $9 billion since
only $5.4 billion of that is attributable to sellers under FERC's
jurisdiction. On the other hand, it seems clear from statements by FERC
commissioners that the board is prepared to extract significant refunds from
generators.
Wagner is said to be probing for a compromise figure between $1 billion and
$9 billion. It could take the form of a mix of cash payments and discounts on
long-term contracts for power.
FERC's governing board ordered Wagner to hold the talks to see if a
compromise could be struck on three big issues: refunds, guarantees that
generators will be paid, and ways to shift more of the state's power
purchases to long-term contracts.
The board also made clear that it would impose its own settlement if the
state and power sellers were unable to come to an agreement.
Wagner said Thursday that if he issues a preliminary report today, he will
give all the parties a chance to respond publicly on Monday. Such a report
might embarrass some of the key players, since Wagner is known for his
plain-spoken conclusions. The judge would then prepare a settlement
recommendation for the FERC board by July 16.
However, he also said he is willing to work through the weekend to reach a
settlement if it appears within striking distance.
The talks are in a large hearing room on the second floor of the FERC
building near Washington's Union Station. Access is strictly controlled and
special badges have been issued to the more than 140 lawyers participating.
Some people with knowledge of the negotiations said Wagner's threat to issue
a report may be a bid to see if one of the parties will make a move.
"It was like a shot across the bow," said one source.
*
RELATED STORIES
Energy savers: College students help businesses cut waste. B1
SEC probe: The state urges a review of PG&E fund transfers. C2
'No' vote: Reliant Energy workers reject union representation. C2

Davis energy team denied pay
State controller says work for Edison is a conflict of interest
Robert Salladay, Chronicle Sacramento Bureau
Friday, July 6, 2001
,2001 San Francisco Chronicle
URL:
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2001/07/06/M
N198197.DTL
Sacramento -- State Controller Kathleen Connell is refusing to pay two former
Clinton- Gore campaign operatives hired by Gov. Gray Davis, even though one
of the consultants dropped his Southern California Edison contract amid
conflict-of- interest allegations.
Mark Fabiani and Chris Lehane were collectively known as the "Masters of
Disaster" for their work in the Clinton White House during various federal
investigations. They also worked for Vice President Al Gore during the 2000
presidential campaign.
Because of their work for Davis, Connell says the contract Fabiani and Lehane
signed with Edison is a conflict of interest under state ethics rules. Davis
is negotiating with Edison on a bailout for the utility.
Late last week, at the bottom of a press release, Davis announced that
Fabiani was no longer a communications consultant because his work had been
"successfully implemented." Lehane, on the other hand, has dropped his
contract with Edison and signed a new agreement with Davis.
Lehane's new contract includes reimbursement for travel and meal expenses,
which he didn't have before, and requires him to work a maximum of 66 hours a
month at $150 an hour. His total payments are capped at $76,000 for work from
June 26 to Nov. 20, 2001.
In his release, Davis said Lehane would be paid the same amount as former
communications director Phil Trounstine, about $9,900 a month. But Connell,
like Davis a Democrat, said Trounstine undoubtedly worked more than 66 hours
in a month for his $9,990.
"We don't intend to be paying it," Connell said of the contract for both men.
"They represented Southern California Edison. You have to have a singular
relationship with the state of California and not show a conflict."
Previously, the Davis administration said there was no conflict because
Edison and Davis wanted the same things out of their negotiations. Earlier
this week, Davis spokesman Steve Maviglio said attorneys had different
opinions over whether the two consultants had violated ethics rules.
Davis spokeswoman Hilary McLean said the governor had signed an executive
order allowing him to enter into consulting contracts with anyone he believed
could help him solve the state's energy crisis. She said Lehane had been
working full-time on public policy, even though his contract caps his salary.
The National Tax-Limitation Committee, a Sacramento group that mostly
monitors legislation, sued last month alleging that Fabiani and Lehane were
violating the state Political Reform Act because of the Edison contract.
In a recently filed disclosure statement, Fabiani also listed more than $10,
000 worth of consulting work for Cisco Systems, another company that
frequently brings issues before state authorities, including Davis.
The state Fair Political Practices Commission also is looking into a
complaint filed by GOP Secretary of State Bill Jones that Fabiani and Lehane
violated state ethics rules.
E-mail Robert Salladay at rsalladay@sfchronicle.com.
,2001 San Francisco Chronicle ? Page?A - 3

Ex-staff speaks out against Duke
Two more charge prices manipulated
Robert Salladay, Chronicle Sacramento Bureau
Friday, July 6, 2001
,2001 San Francisco Chronicle
URL:
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2001/07/06/M
N122949.DTL
Sacramento -- Two more former employees at Duke Energy's Chula Vista power
plant came forward yesterday with allegations that the company manipulated
the energy market to drive up prices, although they offered no hard proof and
little new information.
Their accusations bring to five the number of Duke plant workers who say they
observed suspicious behavior, including the disappearance of parts needed for
repairs, the idling of generators for no apparent reason, and continual
stopping and starting that critics of Duke suspect was designed to withhold
power and artificially increase prices.
E. Robert Edwards, a 50-year-old electrician, related one conversation with a
Duke foreman sometime in January that prompted suspicion.
"I asked the foreman why Unit 4 wasn't running," Edwards said yesterday at a
press conference. "We had a 225-megawatt generator sitting there, and he just
shrugged his shoulders and said, 'I really can't tell you. I'm not privy to
that information.' "
State lawmakers have been focusing on whether Duke manipulated prices during
three days in January, when the company at one point offered a single
megawatt of power for a record-shattering $3,880. Duke says it was following
orders from the Independent System Operator, which runs the state's power
grid,
when it repeatedly turned its generators on and off during those three days.
An ISO memo recently released by Duke confirms the company's contention it
was under orders. But January logs from the ISO and the generators don't
offer an explanation for every allegation of price manipulation, since Duke
has refused to release a detailed list of the prices it offered and paid
during that period.
The two workers who came forward yesterday, Edwards and 46-year-old Richard
J. Connors, both worked more than 20 years in the business. They left the
South Bay Plant in Chula Vista in April, two years after Duke purchased it
from San Diego Gas & Electric as part of deregulation.
SOME SHIFTS UNPOPULAR
"It is true units were taken offline, mostly on the weekends for whatever
reason," said Connors, a former auxiliary operator. "It got to the point as
an operator that you were dreading working swing shifts on Sunday or
graveyard Monday morning because you knew you were going to be running around
putting units back online."
Edwards said he had seen a company warehouse eventually emptied of parts that
are used to repair broken generators, although he didn't know where the parts
went. Forcing a longer wait for repair parts was designed to dry up the power
supply and push prices higher, lawmakers and other investigators suspect.
Edwards, however, admitted the warehouse was being cleaned out even when
SDG&E ran the plant. Duke contends the workers weren't familiar with Duke's
inventory system and couldn't possibly know why parts were being moved.
Duke and other energy companies are facing scrutiny by two legislative
committees, a 19-member Sacramento County grand jury, state Attorney General
Bill Lockyer, the California Public Utilities Commission and federal
regulators.
BUSTAMANTE ALSO SUING
Lt. Gov. Cruz Bustamante, who introduced Edwards and Connors yesterday, also
is suing a variety of generators in state court for alleged price
manipulation and bad business practices. He said Edwards and Connors
"reiterated what we've know all along -- Duke has been gouging California
consumers through its use and abuse of the South Bay Plant."
Duke offers a variety of defenses for its actions during the three days in
January and throughout the energy crisis. Tom Williams, a spokesman for Duke,
said Edwards and Connors had offered nothing new yesterday.
Beyond the ISO's 37 separate orders to stop and start generators during the
three days in January, Williams said state air regulations required the
company to shut the plant at certain times because it was running out of
emissions credits that limit the amount of air pollution it can put out.
Duke, which controls about 5 percent of the state energy market, also
contends the state's power transmission lines can't always handle an increase
in load.
"Yes, it's true there are times when that plant is not running at full
capacity, and there is a Stage Three (alert), and there may be blackouts in
San Francisco," Williams said. "The reason why it's not running is the power
cannot move up Path 15," the transmission line bottleneck near Los Banos.
E-mail Robert Salladay at rsalladay@sfchronicle.com.
,2001 San Francisco Chronicle ? Page?A - 3

Vallejo to produce its own energy
Conservation, generators expected to make city self-sufficient
Jason B. Johnson, Chronicle Staff Writer
Friday, July 6, 2001
,2001 San Francisco Chronicle
URL:
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2001/07/06/M
N138966.DTL
Vallejo leaders, looking to escape mounting gas and electric bills, are
planning to build enough new power generators that the city government will
be self-sufficient when it comes to energy.
City officials said they believe that Vallejo is the first city in the nation
to take such an approach.
"This is going to be a showplace," said Scott Sossen, the chief executive
officer of Edge Capital Group, a funding agency based in Orange County. Edge
will be supervising the work along with O'Hara Energy Corp. of Nevada.
The plan comes at a time when the city expects to see its energy costs double
next year if it continues buying its power from PG&E.
"It couldn't be more timely," said Mayor Tony Intintoli.
Vallejo leaders are in the process of contracting with private business to
build new wind, solar and microturbine generators. Construction of a one-
megawatt solar generator could start within 30 to 60 days.
Conservation is also part of the plan, and energy-efficiency improvements are
already under way at Vallejo City Hall and the fire and police stations.
City officials hope to add enough sources of power generation to make all
city offices -- which consume about 10 megawatts a year -- self-sufficient by
the end of the year.
The Vallejo City Council gave tentative approval to the project late last
month and will continue its discussions on the plan next week.
Vallejo taxpayers won't have to pay any money in advance, because Edge will
finance the project's first $50 million in capital costs.
In return, a portion of the city's projected financial savings will be shared
with the Edge and O'Hara.
"This is a fairly sizable project," said Kevin Chambers, the chief executive
officer at O'Hara. "Energy-efficient capital is difficult to find because it
is such a new field."
O'Hara is installing high-tech energy management systems at all city-owned
property to reduce energy consumption. Final sites for the construction of
new wind, solar and microturbine generators have not been chosen.
In recent years, the energy bill for Vallejo city government has averaged
between $2 million and $3 million per year. That includes the police and fire
departments, City Hall and water-pumping stations.
Vallejo is part of a group of 50 local governments in Northern California
that pooled their resources to buy electricity and natural gas, keeping
prices down. But the group's current contract expires Dec. 30.
As a result, the city expects its energy bill to double next year, from 9.2
cents per kilowatt hour to 20 cents per kilowatt hour.
"It's been very positive what we've been doing, and it hasn't cost us
anything," said City Manager David Martinez. "We're going to be very
optimistic that this is going to be a good thing for the city."
City officials hope to eventually extend the plan to Vallejo's 4,500
businesses and 37,000 households.
E-mail Jason B. Johnson at jbjohnson@sfchronicle.com.
,2001 San Francisco Chronicle ? Page?A - 23

SEC asked to see if PG&E Corp. violated law with subsidiary
Published Friday, July 6, 2001, in the San Jose Mercury News
BY JENNIFER BJORHUS

Mercury News

California Attorney General Bill Lockyer asked the federal Securities and
Exchange Commission on Thursday to step in to investigate whether PG&E Corp.
violated federal law in taking billions of dollars from its bankrupt
subsidiary.
``SEC scrutiny is essential to protect the public interest, ratepayers and
the people of the state of California,'' Lockyer said in a statement.
More than $4 billion flowed from the Pacific Gas & Electric utility to parent
PG&E Corp. from 1997 to 1999, according to Lockyer's petition, representing
nearly 70 percent of the cash that flowed to the parent company during that
period. PG&E Corp. spent $2.7 billion to buy back its stock, $1.5 billion to
pay dividends to shareholders and invested $800 million in its other
subsidiaries, according to the petition filed Thursday in Washington.
Those figures are similar to figures from a state-ordered independent audit
of PG&E Corp.'s finances released in late January.
By moving assets from the utility to other businesses, the company
potentially harmed the utility and violated the federal Public Utility
Holding Company Act in several ways, according to the petition.
The SEC is the nation's top cop for publicly held companies. But the
commission has not reviewed PG&E Corp.'s asset movements, saying the company
is exempt from scrutiny under the Public Utility Holding Company Act because
it's mainly a California operation and such intrastate operations are exempt.
The attorney general's office argues that PG&E Corp., with more than $13
billion of its assets outside the state, can no longer claim it is primarily
an intrastate company. The SEC should step in, it argues.
The petition surprised PG&E Corp. officials, who said they had no idea the
attorney general's office had an issue with the company's exemption from the
federal law, said company spokesman Greg Pruett.
Pruett said PG&E Corp.'s actions were appropriate because the federal utility
law only applies if a company has one or more of the following activities in
several states: electric transmission and distribution, gas distribution or
utility-owned generation.
``We have none of those things except in California,'' Pruett said, adding
that the National Energy Group, a PG&E Corp. affiliate, ``has natural gas
transmission but no distribution.''
``The power plants that NEG owns or operates are not part of a utility and
thus aren't regulated by PUCHA, and it has an energy-trading arm that is also
not regulated by PUCHA,'' he said.
The petition further asks the SEC to order PG&E Corp. to cooperate fully with
the California Public Utilities Commission. The state commission is
investigating whether PG&E Corp.'s corporate structure and its relationship
with its bankrupt utility violate state utility regulations.
The petition states it expects a response from the SEC within 60 days.
But SEC spokesman John Heine said there's no statutory deadline for a
response. He said he had not seen the petition and could not comment.

Contact Jennifer Bjorhus at jbjorhus@sjmercury.com or (408) 920-5660.

Judge may speed up electricity refund talks
Published Friday, July 6, 2001, in the San Jose Mercury News
BY RICARDO ALONSO-ZALDIVAR

Los Angeles Times

WASHINGTON -- A federal mediator seeking a settlement for billions of dollars
in alleged electricity overcharges in California signaled Thursday that the
talks are in trouble.
Curtis L. Wagner Jr., chief judge of the Federal Energy Regulatory
Commission, said he may issue a report on the closed-door talks as early as
today if progress is not made.
``The judge will perhaps issue a preliminary assessment of the talks,'' said
Tamara Young-Allen, a FERC spokeswoman. ``He will do this only if he feels
the talks aren't moving along as he sees fit.''
Wagner had previously said all sides would labor in private through the
weekend to try to get a deal by the deadline of Monday at midnight. If that
failed, the judge said, he would take seven days to craft a proposed
settlement for FERC's governing board.
California is demanding $9 billion in refunds. According to sources, the
generators have offered less than $1 billion.
Wagner is said to be probing for a compromise figure that could take the form
of a mix of cash payments and discounts on long-term contracts for power.

Davis keeps state addicted to fossil fuels
Published Friday, July 6, 2001, in the San Jose Mercury News
BY JOE COSTELLO
BEFORE this year's energy ``crisis,'' Gray Davis wanted to be known as the
education governor. However, Davis and his advisers' energy teachings have
revealed alarming failures, setting back state energy policy not one or two
years, but one or two decades.
While George W. Bush proposed an energy policy tied to fossil fuels,
disproportionate building of centralized generation plants, too little energy
efficiency, lowering environmental standards and increased global warming
emissions, Davis enacted it.
First, Davis has tied the state for the next decade or longer to contracts
with facilities that are exclusively fossil fuel generation. Second, he has
encouraged an unprecedented surge in the building of new centralized fossil
fuel plants. Finally, he has pushed the lowering of environmental standards
to increase production from the dirtiest fossil fuel facilities.
The state's new energy purchasing department has spent zero on renewable
generation. David Freeman, the governor's energy czar, giving lip service to
alternatives, has negotiated close to $50 billion in long-term contracts with
fossil fuel generators.
By comparison, the governor has authorized investment of only $13 million in
expanding solar generation. Photovoltaic cells produce electricity directly
from the sun's energy, offering a clean, efficient solution to the state's
future peak energy demand. While the governor talks a lot about energy
efficiency, the state's funding of demand programs is about 1 percent of the
funding for supply. Most egregious, the vast majority of state energy
efficiency money is funneled back to the utilities.
While environmentalists deride the Bush administration proposals, in
California organizations such as the Natural Resources Defense Council
actively support Davis' fossil fuel energy policy.
The Davis energy policy has stuck California with the same old electric
system for at least the next decade. Money has literally been burned instead
of invested in innovation and creation of a cleaner and more efficient
system. The best hedge against price spikes is a diversity of fuel sources,
unfortunately California's electric system is now tied to an even greater
degree to fossil fuels.
After binding the state economy to the past, the Davis end game is logical.
Davis and his energy advisers want to spend tens of billions of dollars for
the utilities' restoration -- the very companies that for so long stifled
industry innovation and remain most responsible for California's energy
fiasco.
There is still an opportunity to make the best out of a bad situation.
Instead of bailing out the utilities, they should be dismantled and sold off.
A combination of a dozen or so local government and publicly owned companies
should be created with a goal of innovating the industry. An auction could be
held that would sell customer blocks and with it the state's long-term
contracts. Choice should be reinstated with the lifting of the suspension on
direct access to alternative suppliers.
Instead of moving the state to the next level of energy development, the
education governor's remedial energy teachings will force California to
repeat its energy lessons.

Joe Costello is an energy and communications consultant based in Larkspur.

Business
Economics fuels power solution in California Price relief gains political
support
Robert Gibbons, BridgeNews
?
07/06/2001
Chicago Tribune
North Sports Final ; N
Page 3
(Copyright 2001 by the Chicago Tribune)
Political pressure coming from the U.S. Congress and politicians from Western
states seems to have influenced the approach to the power crisis, despite
opposition to price caps in the Bush administration.
The Federal Energy Regulatory Commission in June expanded price mitigation
measures on wholesale electricity sales in California during periods when
blackouts are possible.
The measures encourage generators to sell power into the state to prevent
emergency alerts from being declared, which trigger price caps. The move came
with support growing in Congress, especially among representatives of Western
states on both sides of the aisle, for legislation that would have capped
wholesale prices in the region.
The macroeconomic force may have been the difference between the $7 billion
cost of power for California in 1999 and its rise to approximately $27
billion in 2000. The cost is estimated to reach between $50 billion and $70
billion in 2001.
With that kind of money at stake, suddenly the concern becomes less a
question of who is responsible for the problem, but rather, how it can be
solved quickly to prevent harsh political consequences.
California Atty. Gen. Bill Lockyer has conducted an investigation into the
actions of power generators and offered multimillion dollar rewards to
whistleblowers to provide evidence of price manipulation by independent power
generators. The state is seeking refunds of $8.9 billion, the amount it
estimates independent power generators overcharged California 's troubled
utilities.
The U.S. General Accounting Office has released a report criticizing the FERC
for not finding evidence of power generators using plant outages to drive up
prices in California .
"FERC's [February] study was not thorough enough to support its overall
conclusion that audited companies were not physically withholding electricity
supply to influence prices," the GAO found.
Of the major independent power generators and marketers, like Reliant Energy,
Dynegy, Duke Energy and Enron, only Williams and its CEO Keith Bailey came
out in April in favor of some sort of short- term price relief for California
.
"The political dynamic out there is much more Draconian than what we're
proposing," Bailey told analysts in April, defending Williams' position
supporting some limited, short-term price mitigation.
What he was worried about was California Gov. Gray Davis using eminent domain
powers to take over power plants and the state setting up a public power
authority to build state-owned plants.

Financial
California Changes Stance on Refunds; Two Sides Far Apart In Energy Talks
Peter Behr
?
07/06/2001
The Washington Post
FINAL
Page E01
Copyright 2001, The Washington Post Co. All Rights Reserved
California officials have abruptly shifted tactics in their attempt to
recover billions of dollars in alleged overcharges for electricity , saying
they may reduce their demands for huge refunds if generators renegotiate $43
billion in long-term electricity contracts that the state signed this year.
Gov. Gray Davis (D) said part of the $8.9 billion in refunds the state is
seeking could be offset by reductions in energy prices in the long-term
contracts, whose costs have become a growing political embarrassment for
Davis.
"We've made suggestions, we've offered various ways in which people could get
us $8.9 billion," Davis told the San Jose Mercury News in a report yesterday.
"You can renegotiate our existing contracts and save us money. However you
want to do it, it's just got to net out close to $8.9 billion."
The new offer was introduced this week into the closed negotiations over a
California settlement being conducted in Washington by Federal Energy
Regulatory Commission Judge Curtis L. Wagner Jr., according to sources close
to the negotiations.
Yesterday, Wagner said he may issue his own preliminary finding today on the
amount of overcharges if California officials and the generators cannot reach
a compromise.
"What I'm trying to do is get people in a settlement mood," Wagner told
reporters. "In the event we're unable to do that, [Friday] at some point I
may offer a preliminary assessment." The settlement conference is set to
conclude on Monday.
Wagner, FERC's chief administrative judge, has been trying to push both sides
toward a compromise that would resolve the huge energy pricing controversy.
Mountainous energy prices have bankrupted California 's largest utility,
drained billions of dollars out of the state treasury and put Davis at
sword's point with generators that help keep the state's lights on.
Last Friday, Wagner rebuked Davis's chief representative, Michael Kahn,
chairman of California Independent Grid Operator -- the state's power grid
manager -- indicating that the state's demand for nearly $9 billion in
refunds from power generators and marketers was too high, sources said.
Wagner's settlement conference, which has involved more than 100 lawyers for
all sides, is closed to the public and media.
Wagner complained last month that Kahn was following a political agenda, and
his lack of independence in the negotiations was such a "joke" that the
parties might as well wear "clown suits," according to a Dow Jones report
confirmed by sources close to the talks.
But he has also criticized the generators and power marketers, led by Reliant
Energy Inc., Williams Energy Services, Duke Energy and Southern Co., for
failing to make serious settlement offers, these sources said. The suppliers
have offered to refund $600 million, provided the state is able to call off
various California lawsuits demanding far larger refunds, sources said.
Wagner's leverage is his ability to propose his own refund figure to FERC's
commissioners. FERC has tentatively called for $124 million in refunds, but
now is taking a harder line on preventing a new escalation of California 's
electricity prices this summer and is likely to be receptive to a higher
refund figure, some energy analysts believe.
Davis's tactical change, offering to make the long-term contracts part of an
overall settlement, comes amid growing criticism of what the state will have
to pay for energy under those deals.
California 's energy calamity stemmed in large part from its failed
deregulation plan, which relied heavily on short-term power purchases at
volatile "spot market" prices. When energy costs shot upward last summer, so
did the state's electricity bills.
In response, Davis's aide, S. David Freeman, and his staff began negotiating
long-term power contacts with suppliers. The $43 billion in deals signed so
far would require the state to pay about $70 per hour for a megawatt of power
for a large part of the electricity it will need over the next 10 years.
That's well under the average of $250 per megawatt-hour that the state was
paying at the beginning of this year, but above current power prices -- and
considerably higher than what electricity may cost in the next decade, energy
analysts say.
A new agreement to lower those contract prices could relieve political
pressure on Davis and focus settlement negotiations away from the state's
controversial demand for the $8.9 billion refund. Davis will argue that
reducing future power charges that his administration negotiated should count
as a "refund" because the deals were reached "under commercial duress,"
according to sources close to Wagner's negotiations.
Industry supporters say Davis's refund figure is impossible to justify.
"There's no benchmark for what a fair and reasonable price should be," said
Michael Zenger, California director of Cambridge Energy Research Associates.
The state's advocates counter that if FERC enforced a "just and reasonable"
standard for power prices based on operating costs and a generous profit, the
overcharges by all sellers could easily reach the $9 billion figure.
"It's not rocket science, but it does require the regulators to regulate,"
said Frank Wolak, a Stanford University economist who heads an oversight
committee for the California grid.
Those polar-opposite views have left both sides in Wagner's conference room
"billions of dollars apart," as the talks approached their final weekend,
sources said.

http://www.washingtonpost.com
Contact: http://www.washingtonpost.com

Politics & Policy

U.S. Hearing Officer May Impose Pact
To End California Power-Overcharge Case
By Richard B. Schmitt
?
07/06/2001
The Wall Street Journal
Page A10
(Copyright (c) 2001, Dow Jones & Company, Inc.)
WASHINGTON -- With settlement talks apparently stalled, a federal hearing
officer said he may propose his own solution to settle billions in alleged
electricity overcharges tied to the California power crisis.
Curtis L. Wagner Jr. said he was still "optimistic" California officials and
several power companies could come to terms on $8.9 billion in disputed
electricity charges the state has incurred over the past year.
Absent more-meaningful progress, he said he would offer his own "preliminary
assessment" and recommendation as soon as today.
In that event, Mr. Wagner also said, he would convene a hearing Monday where
the two sides would be given the chance to comment on his plans. Mr. Wagner
has previously indicated he feels California is due some refunds, but far
less than the total the state claims. California is also indebted to the
power companies for billions in previous deliveries; those debts could at
least partially offset any refunds. Mr. Wagner has also said long-term
contracts that would insulate the state from the sort of price shocks it has
experienced over the past year could be part of any resolution.
An administrative-law judge with the Federal Energy Regulatory Commission,
Mr. Wagner was named by the panel two weeks ago to broker a peace of the
overcharge dispute.
Commission officials have given the parties until Monday to reach an
agreement behind closed doors. After that, absent a settlement, the
commission has ordered Mr. Wagner to report back with his findings and
recommendations within a week.
At that point, the commission has said it will impose a settlement of its own
liking.
The overcharge issue has been a flash point in the California debacle, with
the state's governor, Gray Davis, calling the energy companies "pirates" and
"marauders."
The industry considers itself a scapegoat for a bungled state deregulation
effort.


I would like to receive your daily volume statements...my fax is 713-646-4095.  Thanks again.

-----Original Message-----
From: Lokay, Michelle
Sent: Monday, February 11, 2002 2:04 PM
To: 'Mayher, Susan'
Subject: RE: Mojave Imbalance with Transwestern

Great!  Based on your reconciling, I will run additional reports on our side for 09/00 and 11/00.  Please call me, 713-345-7932.

-----Original Message-----
From: Mayher, Susan [mailto:Susan.Mayher@ElPaso.com]
Sent: Monday, February 11, 2002 1:05 PM
To: Lokay, Michelle
Subject: Mojave Imbalance with Transwestern

Hi Michelle - here are the months that there are scheduling discrepencies
from January 1998 forward and the scheduled volume that I have. I can fax
you the daily volume for each of these months so we can narrow down the
research.

01/00  Mojave 842,128 TW 842,127   Difference = 1
03/00  Mojave 912,977 TW 912,917   Difference = 60
06/00  Mojave 606,535 TW 606,534   Difference = 1
09/00  Mojave 1,674,721 TW 1,662,566  Difference = 12,155
11/00  Mojave 857,540 TW 854,874   Difference = 2,666

12/01  Mojave 616,730 TW 616,524   Difference = 206

Let me know your fax number if you need the daily volumes.

Sue Mayher
Senior Capacity Analyst
(719) 520-4649
fax (719) 520-4810
susan.mayher@elpaso.com

******************************************************************
This email and any files transmitted with it from the ElPaso
Corporation are confidential and intended solely for the
use of the individual or entity to whom they are addressed.
If you have received this email in error please notify the
sender.
******************************************************************


----- Forwarded by Gerald Nemec/HOU/ECT on 07/27/2000 04:46 PM -----

	Mark Castiglione@ENRON
	07/27/2000 04:37 PM

		 To: Gerald Nemec/HOU/ECT@ECT
		 cc:
		 Subject: Northwest Pipeline Contact

Gerald,

Jim Osborne asked that I pass on this Williams - NWPL contact:

Steve Kofoed
801-584-7226
801-584-7076 (fax)

Mark


Andy Edison(andrew.edison@enron.com) will represent Enron. He is out until
Dec 27th.

	Carol Alexander <carol_alexander@anadarko.COM>
	12/19/2000 04:32 PM

		 To: "'Tetrault, Charles D.'" <ctetrault@velaw.com>, "Rothschild, George
(Marathon)" <ghrothschild@marathonoil.com>
		 cc: "Richard B. Sanders (E-mail)" <Richard.B.Sanders@enron.com>
		 Subject: RE: Wright Case -- Enron

Please advise whether Mr. Tetrault or Mr. Sanders will represent Enron on
the Wright Steering Committee.  We have agreed to make a concerted effort to
obtain the approval of all Steering Committee members in connection with
significant group decisions.

Regards,

Carol A. Alexander
Counsel
Anadarko Petroleum Corporation
1200 Timberloch Place
The Woodlands, TX 77380
Phone:(281) 863-7541
Fax:    (281) 863-7538
E-mail: carol_alexander@anadarko.com
Mailing: P.O. Box 1330, Houston, TX 77251-1330

CONFIDENTIALITY NOTICE: This electronic transmission and any attached
documents or other writings are intended only for the person or entity to
which it is addressed and may contain information that is privileged,
confidential or otherwise protected from disclosure. If you have received
this communication in error, please immediately notify sender by e-mail or
collect telephone call to 281-863-7525 for instructions on its destruction
or return. Any disclosure, copying, distribution or the taking of any action
concerning the contents of this communication or any attachments by anyone
other than the named recipient is strictly prohibited.

> -----Original Message-----
> From: Tetrault, Charles D. [SMTP:ctetrault@velaw.com]
> Sent: Monday, December 04, 2000 4:23 PM
> To: Rothschild, George (Marathon)
> Cc: Richard B. Sanders (E-mail)
> Subject: Wright Case  --  Enron
>
> Chip,
>
>  Responding to your message, the Enron in-house attorney with
> responsibility for the Wright case is Richard Sanders.
>
>  His e-mail address, which can be copied from the cc: field above, is
> Richard.B.Sanders@enron.com.
>
>  His telephone number is 713.853.5587.  His fax number is
> 713.646.3490.
>
>
>
>
> Charles D. Tetrault
> Vinson & Elkins L.L.P.
> 1455 Pennsylvania Ave., N.W.
> Washington, D.C. 20004-1008
> ctetrault@velaw.com
> 202.639.6551 [voice]
> 202.639.6604 [fax]
>
>           ++++++CONFIDENTIALITY NOTICE+++++
> The information in this email may be confidential and/or privileged.  This
> email is intended to be reviewed by only the individual or organization
> named above.  If you are not the intended recipient or an authorized
> representative of the intended recipient, you are hereby notified that any
> review, dissemination or copying of this email and its attachments, if
> any,
> or the information contained herein is prohibited.  If you have received
> this email in error, please immediately notify the sender by return email
> and delete this email from your system.  Thank You
>


I agree with Jerry's proposal.  However, I would like to add one more
thing...
Change the "PSE Submit Deadline" for a real-time tag to 20 minutes (instead
of 30 min).  We are insinuating that already, when we say the "Provider
Assessment Time" is less-than or equal to 10 minutes and the "Time to Start
of Transaction" is greater than or equal to 20 minutes.
Anyone wishing to discuss this further, call Mons at 602-618-9798.

Thanks!
Mons Ellingson
Pinnacle West

-----Original Message-----
From: Harshbarger, Robert [mailto:bharsh@puget.com]
Sent: Monday, June 11, 2001 3:52 PM
To: Ellingson, Mons M(Z34655); Fotiou, Demetrios; Grow, Lisa;
Holden-Baker, Susan; Smith, Chris; Tilghman, Carmine; Underwood, John;
Williams, Bill
Cc: Hackney, Mark W(Z39911)
Subject: FW: Possible new E-tag time table

Jerry Dempsey has sent the attached regarding the preschedule flag in E-Tag.

What he is proposing is:
*	a revision to the timeline tables in A3A to enable software to make
the determination of whether or not a tag is for preschedule or real-time
(currently it is a flag set by the PSE creating the tag).
*	Referencing time in terms of the Load Control Area's prevailing time
(this fits the Authority Service is associated with the load control area
and it's the Authority Service that keeps the time).

It may be possible to get this revision worked in to the 1.7 release.

Process
Please review his proposal and comment.
Specifically, do you support the concept of removing the flag and using the
timing table logic?
Do you support adjusting times to reference the Load Control Area prevailing
time?

If we reach a consensus on this issue by the end of the week, we can forward
on a recommendation to Mark for distribution to the whole ISAS.  If there is
support from all of ISAS, then it can be taken to NERC IS/TISWG for
approval.

Please let me know by the end of business June 15, 2001.

Bob Harshbarger
425.882.4643
> ----------
> From: 	JERRY DEMPSEY[SMTP:DEMPSEY@wapa.gov]
> Sent: 	Sunday, June 03, 2001 10:42 AM
> To: 	bharsh@puget.com
> Cc: 	Mark.Hackney@aps.com
> Subject: 	Possible new E-tag time table
>
>  <<tag time table draft june 01.doc>>
> Bob,
>
> Mark Hackney suggested I start with you on this issue since you were
> heading up the timing group for ISAS.
>
> Here is the issue - under the current WSCC timing table for tags in Policy
> 3, it is impossible to program whether or not the tag is preschedule or
> real-time.  The NERC tagging group is the group that came up with manually
> selecting the preschedule "flag".  I know that PPW, BPA and ourselves have
> run into a couple of problems with this.  It's been when the merchant has
> selected that flag when it was actually a real-time transaction.  PPW and
> ourselves put it in our scheduling system, BPA (and someone else) did not.
>
>
> At the NERC OSC meeting last week, I asked the question again about how
> can this be fixed in version 1.7.  I was hoping it was as easy as having
> each authority register their timezone in the new Master registry that's
> being developed.  Well - it wasn't that easy.  They explained the other
> problems and I then developed the attached time table.  The group reviewed
> this time table and agreed that it could be automated to determine if a
> tag was preschedule or realtime.
>
> In order to get this programmed into version 1.7, we need to get Policy 3
> revised with the new time table.  In order to get the new time table
> approved, it probably starts with your subgroup, then probably goes to
> Hackney for an e-mail vote to ISAS, then probably on to WSCC OC, then
> finally to NERC.  Problem is we need to do this quickly, by the end of
> June if possible, so that the new Policy 3 will be out in time for 1.7
> release in October.
>
> Now - there's nothing that says this has to happen either.  Another option
> is to just leave it as it is today.  I'd prefer to automate it, but that's
> only my opinion.
>
> At any rate - the NERC OSC has agreed to include timezone in the new NERC
> Master registry.  They have also agreed to incorporate this change into
> 1.7 if it's part of Policy 3.  That's were we stand right now.
>
> As for your subgroup - I don't think I'm on your list, but go ahead and
> add me on if you don't mind.
>
> Call or e-mail if you have any questions.
>
> Thanks - Jerry
> dempsey@wapa.gov
> (970)461-7299
>
>

 - Jerry's Proposal.doc
 - Mons' Proposal.doc


In order to provide better oversight and control of ENA legal expenditures
on large transactions, please continue to follow the procedures set forth
below for transactions where outside legal fees and expenses are expected to
exceed $25,000.00.  The purpose of these procedures is to (i) improve
communication with counsel (inside and outside) on issues, fees and services
and (ii) send price signals on legal costs (with respect to specific
transactions) on a timely basis to the business units.  Every effort should
be made to continue to provide high quality legal work that has become
standard at ENA.

 1.  A written estimate of proposed fees and expenses and a written
description of the services shall be provided by our outside counsel.  The
responsible business unit and the General Counsel shall review and approve
such written estimate before our outside counsel is directed to provide
substantial professional services.

 2.  Our outside counsel shall be instructed to promptly submit a revised
written estimate if such outside counsel determines that legal fees and
expenses for such transaction will exceed the previous written estimate by
$25,000.00.  Such revised written estimate shall be reviewed and approved by
the responsible business unit and the General Counsel or his/her designee
before our outside counsel is directed to provide substantial additional
professional services.

 3.  In order to accurately track such expenses so that the expenses can be
properly allocated to the various business units, a work order number should
be obtained for each transaction.

 Thank you for your cooperation.  If you have any questions or any other
suggestions for controlling expenses, please call me at extension 36544.


EMAZING Home[IMAGE]Edit Your ProfilePrivacy

		Advice and Living - Brain Candy - Business and Money - Comics - Daybreakers -
Entertainment
		Espaol - Games - Good Thoughts - Grapevine - Greetings - Health - Hobbies -
Horoscopes
		Household Hints- Kitchen - Music - Sports - Style - Technology - Travel -
Wireless

		[IMAGE]

		  Holiday Gift Guide - Brought to you by adiamondisforever.com
		Remember how the blender did not go over well last year? Avoid making the
same mistake twice. Make this the year she will never forget with 12 ways to
surprise her this holiday season. Click  here for more details.

		Health & Fitness Tip of the Day
		Friday December 8, 2000

		Ministrokes

		A transient ischemic attack (TIA - also referred to as a ministroke) can
cause the same symptoms as a stroke, but is usually short-lived and resolves
on its own. However, a TIA is often a warning sign that a more serious
medical event is pending. Therefore, you should call 911 immediately, even if
symptoms resolve.

		- Marc Ellman

		Email  this tip to a friend - Browse  the Archives

		Today's Health & Fitness News:

		Before You Get Your Flu Shot, Relax!
		Stress can lessen vaccines' effectiveness, so slow down before you get your
flu shot, and don't worry about a shortage in your area, because relatively
few cases of flu have been reported so far; in other news, T'ai chi may be
beneficial to arthritis sufferers, and don't set yourself up for failure when
you make your New Year's resolutions. Click  here to read more!

		[IMAGE]

		The holidays are here!
		So get your warm wishes and season's greetings out to all with EMAZING's
eGreetings! They're fun, FREE, and cover all those merry, bright, and
seasonal occasions.

		Get satellite television in only one step.
		Click here for more information on FREE satellite TV!

		12 Days of Christmas Sweepstakes - Brought to you by adiamondisforever.com
		Enter our sweepstakes for a chance to win 12 fabulous gifts, Including a
Diamond Solitaire Necklace.

		Don't spend Christmas without the Grinch...
		Save up to 40% at Amazon's Dr. Seuss Shop!

		End those last minute gift hassles forever!
		Try Flooz!  The online gift currency you send by email!

		[IMAGE]
		[IMAGE]

		Tip Gift
		HEALTH BOOK OF THE DAY
		Robin A. McKenzie: 7 Steps to a Pain-Free Life

		Book
		BOOK  OF THE DAY
		Olaf Olafsson: The Journey Home

		CD
		CD  OF THE DAY
		Enya: A Day Without Rain

		Gift
		 GIFT  OF THE DAY
		Nintendo: Hey You, Pikachu!

		DVD
		MOVIE  OF THE DAY (DVD)
		George Clooney: The Perfect Storm

		VHS
		MOVIE  OF THE DAY (VHS)
		Fantasia 2000

		Quote
		QUOTE  OF THE DAY
		Thinking is the hardest work there is, which is the probable reason why so
few engage in it.
		- Henry Ford, Sr.

		[IMAGE]
		[IMAGE]

		  The holidays are here!
		So get your warm wishes and season's greetings out to all with EMAZING's
eGreetings! They're fun, FREE, and cover all those merry, bright, and
seasonal occasions. Click  here for more details.

		[IMAGE]
		?
		Advertise - Company Info - Feedback - Help - Jobs - Privacy Policy - Terms &
Conditions
		Archives - Edit Your Profile -?Unsubscribe

		EMAZING.com is a service of EMAZING, INC. Copyright 2000. All Rights Reserved.
		EMAZING.com - Whatever you're into, we email it to you. FREE!
[IMAGE]


Thanks.  Seems like everyone had a good time.  Happy Holidays!!


I had a really big lunch, even cake, so now eating out of the fridge (if at
all) sounds ok.  I got a really nice bottle of white wine from Andrews &
Kurth.  I put it by the window to cool off.

I've worked with three trial lawyers from K & S, and they are really good.
However, K & S represents American Express.  Keffer tells me that you used a
guy at Bracewell that you liked, and that this person has now started their
own firm.  John drew a blank on the name, but will call me back with the name
and number.

Enron also likes Gibbs & Bruin, a litigation boutique in Houston. I believe
the main contact's name is Robin Gibbs, but that is also the name of one of
the Bee Gee's, so I could be wrong.  Can you check the internet and see?  If
not, I will look in a minute.

Love,

Kay


[IMAGE]
?
[IMAGE]

[IMAGE]

?

?

?

Dear                     Amazon Customer,

                     There's no doubt about it, the holidays are  here. And
at Amazon.com  we're celebrating like only we know how--with free
shipping! Place your order for over $100, and now through
Sunday,                     December 10, we'll ship your items for  free.

Don't                     worry,  with our great "EMAHTSKCBLVDT"*  selection,
you'll have no problem finding the perfect  gifts                     and
shipping them for free. But be sure to  hurry--you must
place your orders by next Sunday,  December 10, to take
advantage of the best the  season has to offer: free
shipping                     at Amazon.com!

[IMAGE]

?

?

*Electronics, Music, Auctions, Health & Beauty,  Tools,
Software,                     Kitchen, Cameras, Books, Lawn &  Patio, Video
Games, DVD,                     Toys. To see even more about  this click
here.

For                     the fine print, follow the link to our  free
shipping offer.

                    We  hope you enjoyed receiving this message. However, if
you'd                    rather not receive future e-mails of this sort from
Amazon.com,             please visit your Amazon.com     account page and
under the Your Account Settings  heading,                     click the
"Update your communication  preferences" link.

Please   note that this message was sent to the  following e-mail address:
jdasovic@enron.com


Me too.
--------------------------
BlackBerry Wireless

-----Original Message-----
From: Yoder, Christian <Christian.Yoder@ENRON.com>
To: DL-Portland World Trade Center <DL-PortlandWorldTradeCenter@ENRON.com>
Sent: Tue Dec 18 19:12:23 2001
Subject: Lunch on Thursday

Friends and Co-Workers:

You are hereby cordially invited to a pre-holiday office lunch this Thursday at approximately 11:30 a.m, courtesy of the Trading Attorneys.

LEGAL NOTICE:  Christian Yoder and Steve Hall (hereinafter "we" or "our" or "us" ) intend to pay for the food (which will probably, but not necessarily, be pizza and salad) with post-petition Chapter 11 salary dollars that have already cleared our respective individual bank accounts and, therefore, by joining us in the meal ("Lunch") you will not be exposed to any retroactive claw-back risk by way of the Cash Account Committee.  We are also investigating the possibility of providing a limited quantity of a certain kind of beverage ("Beer") under a provisional waiver of the defunct pre-petition Company's drinking policies, subject to approval by the Estate's Liquor Control Board which is being sought on an expedited basis.

We feel like making this modest holiday gesture for several reasons:

1.  It has been a pleasure working with you all during the past year.
2.  We are optimistic about this office's prospects in the upcoming year.
3.  American Express forgot to cancel our Corporate Cards.

We hope you will join us for a free lunch as we look forward to a prosperous New Year.

Christian and Steve


JD is a dead man.   Are you going to give Kori a birthday smooch!

Chad Gronvold
06/28/2000 03:26 PM
To: Chris Germany/HOU/ECT@ECT
cc:
Subject: Re:

Who's birthday?  I'll probably go.  I might try to go to Branson sometime
this weekend, but I should be back by then.  Let me know when and where.
After this Friday, use this as my e-mail:

c1h2a3d4@earthlink.net

or (after mid July)

chad.gronvold@owen2002.vanderbilt.edu

By the way,  how's Stephanie doing?  JD seems to be doing well.


Greg,

Got your message that the proper entity name is Western Hub Properties, LLC.
I have made the appropriate changes to the document, and attached the Draft
for your further handling.  Thanks.

TEXAS SECRETARY OF STATE, CORPORATE RECORD

*** THIS DATA IS FOR INFORMATION PURPOSES ONLY. CERTIFICATION CAN ONLY BE
OBTAINED THROUGH THE OFFICE OF THE TEXAS SECRETARY OF STATE AND THE TEXAS
COMPTROLLER OF PUBLIC ACCOUNTS. ***

TEXAS SECRETARY OF STATE, CORPORATE RECORD

Name: WESTERN HUB PROPERTIES L.L.C.

Principal Place of Business: 1209 ORANGE STREET
?????????????????????????????WILMINGTON, DELAWARE 19801

Type of Limited Liability Company: FOREIGN LIMITED LIABILITY COMPANY

Status: ACTIVE

Standing from Comptrollers Office: IN GOOD STANDING, NOT FOR DISSOLUTION OR
WITHDRAWAL

Status Date: 03/12/1998

Filing Date: 03/12/1998

Duration: PERPETUAL

State of Origin: DELAWARE

Registered Agent: CT CORPORATION SYSTEM

Registered Office: 1021 MAIN ST, STE 1150
???????????????????HOUSTON, TEXAS 77002

Members and Managers: HADDINGTON VENTURES, L.L.C.
??????????????????????7880 SAN FELIPE SUITE 140
??????????????????????HOUSTON, TEXAS 77063

Number: 07034967-23

History:

? ?Date	Transaction
----------	-----------

05/05/2000	PUBLIC INFORMATION REPORT FILED
06/21/2000	CHANGE OF REGISTERED AGENT

Eric Gillaspie
713-345-7667
Enron Building 3886


Feb 1

AEC Marketing physical gas
Calpine Canada Natural Gas Partnership (Encal) physical gas
El Paso Merchant Energy physical gas
Williams Energy Marketing


Thanks for the heads up--I'll talk to him tomorrow.  DF

Julia White
05/30/2000 04:38 PM
To: Drew Fossum/ET&S/Enron@ENRON
cc:

Subject: changes

Drew--Mike said he would get with you about these changes he made to the
press release below. We are close!!

Julia
---------------------- Forwarded by Julia White/ET&S/Enron on 05/30/2000
04:34 PM ---------------------------
From: Amber White on 05/30/2000 12:55 PM
To: Julia White/ET&S/Enron@ENRON
cc:

Subject: changes

Hi Julia:

Attached is the EnronOnline release reflecting some verbiage changes Dave and
I made to satisfy  Moran's concerns with the "wholly-owned" language in the
second paragraph. Let me know if you have any questions...Thanks!


Just a quick note to acknowledge the great job that Geir Solberg did in helping our office out during Tropical storm Allison.
Our phone lines, computers and cell phones were down.    Additionally,   we were short staffed due to floodwaters downtown.

One of our service customers,  Teco,  wanted to sell some test power in South Texas.   Geir was contacted via satellite phone.
He sold 230 megawatts each hour to AEP.   He used the proper terminology unique to Ercot and sold the energy at a decent price.
He maintained good,  detailed notes and was able to relay this information to me the following Monday.
Most importantly,  this was a seamless transaction to the customer.

Again,  thanks for the help.

JMF


To the ISDA U.S. Regulatory Committee:

I am faxing you a note that I have received from Howard Davies (head of the
UK FSA) relating to the report of his G-7-sponsored Financial Stability
Forum working group on highly-leveraged institutions (hedge funds).  ISDA
gets a couple of mentions for our 1999 Collateral Guidelines and for meeting
with the members of the working group last year.  The full report is
available on the FSF website at http:www.fsforum.org.

Rick Grove


print
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 11/07/2000
12:21 PM ---------------------------

Alex Mcleish@ENRON
11/07/2000 10:39 AM
To: Chris Mahoney/LON/ECT@ECT, Niamh Clarke/LON/ECT@ECT, Ross
Koller/LON/ECT@ECT, John Buckner Thomas/LON/ECT@ECT, Mark Jones/LON/ECT@ECT,
Alex Mcleish/EU/Enron@Enron, Tony O'Brien/LON/ECT@ECT, Henkka
Talvitie/LON/ECT@ECT, John Spencer/EU/Enron@Enron, jennifer.fraser@enron.com,
John L Nowlan/HOU/ECT@ECT, Jeffrey A Shankman/HOU/ECT@ECT, Stewart
Peter/LON/ECT@ECT
cc:
Subject: Weekly Stats Outlook

Crude: Stocks have risen during this week over the last five years by an
average of 7 mbbls, the smallest increase being last year's 3 mbbls. One
reason the trend is likely to be repeated is that the SPR shipped 2.45 mbbls
last week, and this should again show up in PADD 3, while the drop in PADD 5
stocks (led by a sharp drop in imports) which offset the PADD 3 rise last
week is unlikely to occur a second week. Overall imports remain high, and
additional October barrels might just have found their way to the US from its
closer OPEC neghbours. On the other hand, we have the Capline shutdown (due
to lack of crude) which took place last week, and an increase in refinery
runs out of turnaround, but I don't believe that will offset the factors
pointing to a large build in crude stocks. (Consensus forecast up 2.5 mbbls.
API still lower than the DOE by 2.4 mbbls)

Distillate: After rising steadily since mid July, demand finally turned south
last week, with a 640 kbd drop. This is the first evidence that borrowed
demand is now being paid back. A second week of stats would confirm this, but
the weakening sentiment on cracks lends some support to the theory. The build
last week occurred despite a strong drop in imports - providing demand stays
low, higher runs and high distillate yields should see a build, perhaps in
excess of 1 mbbls. (Consensus forecast up 1 mbbls)

Mogas: Gasoline demand has been sluggish for most of the year, but October
sales were relatively strong, especially last week, which topped 8.7 mbd (8.9
in the DOEs), not far off the year's highs. October deliveries are invariably
higher than both Sep and Nov, so the most likely direction for demand is
down. Imports from Canada and Europe are said to be on the way, but may take
some time before they show up in the stats - although some improvement should
be seen after last week's miserly 212 kbd which accounted for much of the
draw. However, the gasoline tanker stuck in NYH may skew the stats. PADD 1
again bore the lion's share of last week's draw, bringing stocks down to
their lowest level since at least 1976 - it has lost 7 mbbls in four weeks.
For RFG too, the region is looking short. This week is hard to call, but may
point to a build, on the basis that strong demand and weak imports aren't
sustained. (Consensus forecast down 1.5 mbbls. API still higher than DOE by
2.6 mbbls.)

Stocks graphs attached


Kinda makes me think about hunting...
Keith, you and the boys going to build a new box, re last email report?

>From: "Parks, Joe" <Joe.Parks@bridgeline.net>
>To: "Brian Constantine" <brianc@saltgrass.com>,   "Erik Wollam"
><erwollam@hotmail.com>, <chet_fenner@bmc.com>,   <knipe3@msn.com>,
><cmccomb@austin-mccomb.com>, <kmccomb@austin-mccomb.com>
>Subject: RE: JOE IS A DEER HUNTING SUPERSTAR
>Date: Mon, 6 May 2002 14:50:45 -0500
>
>  <http://www.eldoradotx.com/mertz/index.htm>
>http://www.eldoradotx.com/mertz/index.htm  (
>the actual link) no wonder he didnt give me the picture back
>-----Original Message-----
>From: Brian Constantine [mailto:brianc@saltgrass.com]
>Sent: Monday, May 06, 2002 2:46 PM
>To: Erik Wollam; Parks, Joe; chet_fenner@bmc.com; knipe3@msn.com;
>cmccomb@austin-mccomb.com; kmccomb@austin-mccomb.com
>Subject: JOE IS A DEER HUNTING SUPERSTAR
>
>
>
>Gentlemen,
>
>
>             Please access www.mertzranch.com <http://www.mertzranch.com/>
>and witness my photographic skills and Joe's obvious hunting skills as a
>picture of Joe's 9 point is being proudly displayed on Michael's
>web-site!!!! Methinks using Joe's deer and my photographical skills as a
>shameless plug for Michaels ever expanding  Outfitting Monopoly....should
>grant us (hunter and photographer) certain royalties normally associated
>with this sort of unlicensed usage of this form of media. Basically, we
>need a price break for use of picture!!!! Anyway, pretty cool seeing your
>very own photo displayed on a website!!!!
>
>
>                                                          PIGGY
>
>
>************************************************************************
>This e-mail is the property of Bridgeline Holdings, L.P. and/or its
>relevant affiliate(s) and may contain confidential and privileged material
>for the sole use of the intended recipient(s). Any review, use,
>distribution or disclosure by others is strictly prohibited. If you are not
>the intended recipient (or authorized to receive for the recipient), please
>contact the sender and delete all copies of the message. This e-mail (and
>any attachments hereto) are not intended to be an offer (or an acceptance)
>and do not create or evidence a binding and enforceable contract between
>Bridgeline Holdings, L.P. (or any of its affiliates) and the intended
>recipient or any other party, and may not be relied on by anyone as the
>basis of a contract by estoppel or otherwise. Thank you.
>************************************************************************
>

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


Thanks to all of you, Enron North America has had an outstanding year in
2000.  Some of the more notable accomplishments include:
a) 100% plus increase in EBIT from 1999 actuals to 2000 forecast;
b) significant rationalization of the balance sheet including the sale of the
(i) Wind River/Powder River gathering assets, (ii) East Coast Power
generating assets, (iii) HPL and (iv) five of the six Eastern Peakers;
c) ENA is the leading energy merchant by a factor of two;
d) physical electricity volume grew by 34% YTD 1999 to YTD 2000 forecast;
e) natural gas volumes grew by 82% YTD 1999 to YTD 2000 forecast;
f) 500% growth in daily transactions from November 1999 to November 2000 due
to the highly successful Enron OnLine distribution channel; and
g) ENA reaching its 25% ROCE target.

These are truly outstanding accomplishments and our expectations for growth
and opportunity in Enron North America for 2001 are consistent with that
success.  In order to reach these goals, we felt it necessary to re-align a
number of our organizations. A number of these changes are completed.  The
goals of such re-alignment include:
a) increase overall productivity with the goal to ensure that every employee
is in a position to contribute regardless of skill set;
b) increase overall market coverage, deal flow and information generation
with the goal to increase bid/offer income, increase the velocity of deal
flow, improve customer coverage and promote quality information transfer to
our trading organization;
c) increase deal quality and earnings quality with the goal to (i) allocate
our resources towards the best transactions and (ii) significantly increase
our &mid-market8 originated transactions in our portfolio;
d) promote real time decision making and a closer tie between our trading and
origination (mid-market and structured) organizations in order to better
align those functions to reduce the amount of un-productive internal focus;
e) increase the overall velocity of the capital being utilized consistent
with our goal of a 25% plus return on capital employed; and
f) identify and recognize a host of new leaders in the organization that are
critical to meeting our goals next year.

With these objectives in mind, patterned after the successful business models
in Calgary and Portland, effective immediately the following changes are
being implemented:
a) East Power ) a single East Power Team incorporating trading, mid-market
and origination will be formed under the co-leadership of Kevin Presto and
Janet Dietrich who will report to the Enron Americas - Office of the Chairman
(EA OOC).  This team will have one income statement, one book and a joint
accountability. However, a clear delineation of responsibilities inside these
teams will continue to exist in which the trading organization will manage
the risk, income statement and product development aspects of the
partnership. The originators will have the primary responsibility to generate
origination income, provide coverage, deal flow, lead strategy formulation,
provide information and generate strategic positions.  Overall, the team will
be rewarded based upon increasing the value of the book, meeting
coverage/deal flow targets and meeting its strategic/growth goals in the
Eastern power markets. The team will be responsible for covering the IOU,s,
muni,s/co-ops, industrials and IPP,s and will utilize all ENA,s product
capabilities including the power commodity, assets and capital. The team will
further be broken down into several key strategic regions and business units
including:
  (i) ERCOT ) managed by Doug Gilbert Smith and Bruce Sukaly;
  (ii) NE ) managed by Dana Davis and Jeff Ader;
  (iii) Midwest ) managed by Fletch Sturm and Ed Baughman;
  (iv) SE ) managed by Rogers Herndon and Ozzie Pagan;
  (v) East Power Development ) managed by Ben Jacoby;
  (vi) East Power Structuring  - managed by Bernie Aucoin; and
  (vii) East Power Fundamentals and the &Genco8 ) managed by Lloyd Will

b) West Power ) there will be no changes to the Portland office which is
managed by Tim Belden and Chris Calger .  Both Tim and Chris will continue to
report to the EA OOC.
c) Canada and Mexico ) there will be no changes to the Canadian or Mexican
offices which are managed by Rob Milnthorp and Max Yzaguirre respectively.
Both Rob and Max will continue to report to the EA OOC.
d) U.S. Natural Gas ) there are several changes anticipated in this business
consistent with the goals and objectives described above. The changes
primarily affect the East, Central, West and Texas gas regions. Each region
will consist of a single gas team incorporating trading, mid-market and
origination. Each team will have one income statement, one book and a joint
accountability. However, a clear delineation of responsibilities inside these
teams will continue to exist in which the trading organization will manage
the risk, income statement and product development aspects of the
partnership. The originators will have the primary responsibility to generate
origination income, provide coverage, deal flow, lead strategy formulation,
provide information and generate strategic positions. Overall, the team will
be rewarded based upon increasing the value of the book, meeting
coverage/deal flow targets and meeting its strategic/growth goals in the
Eastern, Western, Central and Texas gas markets.  The team will be
responsible for covering the LDC,s, muni,s/co-ops, industrials, IOU,s, IPP,s
and the producers.  There will be an increasing focus on the upstream side of
the business including the producers, transporters and storage providers in
addition to market area opportunities. The team will utilize all of ENA,s
product capabilities including the gas commodity, assets and capital. Each of
these groups will report directly to the EA OOC;
East Gas ) a single East Gas Team incorporating trading, mid-market and
origination will be formed under the co-leadership of Scott Neal and Frank
Vickers who will be returning from Portland to join this team.
West Gas  ) in a similar manner, a West Gas Team will be formed co-managed by
Phillip Allen and Barry Tycholiz, who will be joining us in Houston from the
Canadian team. The Denver office under Mark Whitt will be integrated under
this team.
Central Gas )  in a similar manner, a Central Gas Team will be formed
co-managed by Hunter Shively and Laura Luce. The Chicago office will be
integrated into this team.
Texas Gas ) the Texas Gas Team will be managed by Tom Martin. This team will
continue to manage the gas trading business around HPL until the pending sale
is concluded in Q2 2001.  After the sale of HPL, this team will build a Texas
gas business without ownership of the HPL assets.
Financial ) this group will continue to be managed by John Arnold with no
significant changes.
Derivatives ) this group, lead by Fred Lagrasta, will offer derivative and
financial mid-market products and services to the natural gas market
specifically targeting CFO,s and treasury departments.  Fred will continue to
maintain certain existing mid-market accounts with a number of producer and
industrial accounts where relationships are well formed. Otherwise,
mid-market coverage will gravitate to the regions. The New York office gas
marketing efforts will continue to be managed by Fred.
Upstream Products ) this group, lead by Jean Mrha, will develop several
distinct product offerings for the upstream segment of the gas market.  This
group will develop and market the product in conjunction with the regions.
This is consistent with our desire to have a broader product offering and
greater market penetration in the upstream segment.  These products include
producer outsourcing, similar to our successful Petro-Canada and Suncor
relationships in Canada, physical storage re-engineering, compressor
services, wellhead liquidity products and offshore asset and capital
products.  In addition, Jean will manage our Bridgeline joint venture with
Texaco.
Gas Structuring ) this group will be lead by Ed McMichael, reporting to Frank
Vickers, will provide structuring and deal support to all the gas teams.
Gas Fundamentals ) this group will be lead by Chris Gaskill, reporting to
Hunter Shively, will provide fundamentals to all the gas teams.

Julie Gomez will continue to support the gas floor through several identified
projects including long-term supply/demand analysis and, natural gas
transportation capacity trading opportunities.

There is an expectation of some customer overlap between the gas and power
groups; for example, the combination utilities and the IPP,s.  The teams will
coordinate with regard to the combination utilities like Con. Edison or
PG&E.  With regard to the IPP,s, to the extent that the product offering
involves an underlying power position, the power teams will manage. We have
asked Janet Dietrich to coordinate such overlaps between the two
organizations in Houston.

e) Technical/Restructuring - In the effort to consolidate and centralize our
technical resources (engineering, development, operations, pipeline) to
ensure that this skill base is available to all ENA groups and utilized
productively across the organization, Brian Redmond will form and manage the
Technical Services Group.  This group will manage ENA,s technical risks and
will provide, on a cost basis, technical services for the entire ENA
organization. This group will manage the interface with EE&CC and OEC.  In
addition, the Restructuring Group, currently managed by Dick Lydecker, will
report to Brian Redmond.  This group is currently monetizing a large portion
of the merchant investment portfolio given our current strategies.  This
group will have continuing responsibility to manage troubled commodity and
capital transactions that need considerable time and attention to manage risk
and monetize.

In addition to these responsibilities, Brian will manage the pending sale and
transition of the HPL asset over the next couple quarters as regulatory and
securities approvals are obtained in order to complete the sale.  Brian will
report to the EA OOC.

f) Principal Investing  )  with the departure of Jeff Donahue to new
opportunities in EBS, ENA,s venture capital function will be managed by
Michael L. Miller.  This group makes small investments in distributed
generation, power quality and technology companies that can benefit from
Enron,s distribution channels and expertise.  Michael will report to the EA
OOC.

g) Corporate Development ) Tim Detmering will assume the corporate
development responsibilities for ENA as Jeff transitions to his new role and
will report to the EA OOC.

h) Generation Investments ) there will be no changes to this group managed by
Dave Duran. Dave will continue to report to the EA OOC.

i) Energy Capital Resources ) there will be no changes to this group
currently lead by C. John Thompson and Scott Josey.  John and Scott will
continue to report to the EA OOC.

As a final note in the interest of keeping things simple, Enron Americas will
have two operating divisions  - Enron North America and Enron South America.
As a result, we will continue to conduct business under these two operating
companies; therefore, eliminating the need to change legal entities et al.
If you are currently a commercial employee of ENA or ESA you will continue to
conduct business in that company.

We look forward to another exciting year in the North American energy
market.  This is certainly a company unrivaled in the marketplace with the
most talented employees.  The opportunities are endless.  We wish you and
your family a very happy and safe holiday season.


Hey Chris,
Ed and I just called Dominion's bankruptcy counsel. He is out until
Tuesday so we are going to call him then.
Shemin
P.S. Did you find a place for me that takes large dogs? :)

-----Original Message-----
From: Chris.Germany@enron.com [mailto:Chris.Germany@enron.com]
Sent: Friday, March 29, 2002 12:09 PM
To: Proctor, Shemin V.
Cc: Kathryn.Bussell@enron.com
Subject: RE: Questions We Need Dominion To Answer

What is our Dominion status?

    -----Original Message-----
   From:   "Proctor, Shemin V." <sproctor@akllp.com>@ENRON
   Sent:   Friday, March 22, 2002 9:39 AM
   To:     Germany, Chris
   Subject:  Questions We Need Dominion To Answer

    <<92860_1.DOC>>
   Chris,
   Please call me once you have looked at these questions and let me
know
   what additional questions we should ask Dominion.  Thanks.
   Shemin
    - 92860_1.DOC << File: 92860_1.DOC >>

**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate
and may contain confidential and privileged material for the sole use of
the intended recipient (s). Any review, use, distribution or disclosure
by others is strictly prohibited. If you are not the intended recipient
(or authorized to receive for the recipient), please contact the sender
or reply to Enron Corp. at enron.messaging.administration@enron.com and
delete all copies of the message. This e-mail (and any attachments
hereto) are not intended to be an offer (or an acceptance) and do not
create or evidence a binding and enforceable contract between Enron
Corp. (or any of its affiliates) and the intended recipient or any other
party, and may not be relied on by anyone as the basis of a contract by
estoppel or otherwise. Thank you.
**********************************************************************


Thank you, see you this evening.
Dennis Loughridge

>From: Vince.J.Kaminski@enron.com
>To: <loughrid@rice.edu>
>Subject: Re: Rice Course
>Date: Wed, 28 Feb 2001 17:36:59 -0600
>
>
>Dennis,
>
>No problem.
>
>Vince
>
>
>
>
>
>"Dennis W. Loughridge" <loughrid@hydrant.ruf.rice.edu> on 02/28/2001
>04:24:35 PM
>
>Please respond to <loughrid@rice.edu>
>
>To:   <Vince.J.Kaminski@enron.com>
>cc:
>Subject:  Rice Course
>
>
>Vince
>I am an adjunct professor at Rice, working with Wil Uecker in Executive
>Education.  With your concurence, I would like to sit in your Energy
>Derivatives course. I understand from Wil that there are 38 students
>registered for the course.  If you consent, would you let me know what
>material I need.
>Thank you,
>Dennis W. Loughridge
>713-348-2812
>
>
>
>
>
>
>
>

_________________________________________________________________
Get your FREE download of MSN Explorer at http://explorer.msn.com


There are some volumes without prices on the Dominion files.  Can you tell me what these are?

Acct ID
AT001JJ
AT001ON
At001MA


jeff,

jeff -  here's the promised link.  Enjoy.  PS.  Don't bother ordering photos
- I'll get them for you.

*********
The message above was sent to you by misha Weidman
using Shutterfly, a great place to print, share and get creative
with your pictures online.

HOW TO VIEW THE PICTURES
To see the pictures misha Weidman
is sharing with you, simply follow these steps:

  1) Go to
     http://www.shutterfly.com/my/os.jsp?i=67b0de21b317f36805ba

     (If you can't click on this link, try copying and pasting it
     into your web browser.)

  2) For the best picture-viewing experience, click 'View as slideshow' on the
     right side of the page.

If you like the pictures, you'll be able order prints or save them into a
Shutterfly account of your own where you can use all of Shutterfly's
features, including photo greeting cards, frames, and enhancement tools.

If you're not a member yet, you'll get 15 free 4x6 prints just for
signing up!

That's all there is to it!

If you have any questions about Shutterfly, please send an
email to us at customerservice@shutterfly.com.

*************************************
Shutterfly
Where your pictures live
http://www.shutterfly.com/
customerservice@shutterfly.com
*************************************


Lee,

My fax number is 713-646-2391.  Please fax me a loan application that I can
pass on to the buyer.

Phillip Allen
pallen@enron.com
713-853-7041


Here is the list of meter that I moved from the 1st on from the 215 to the
gathering.  4056,   6480,  6534,  6614,  6855.  These will be nomed to the
gathering contract for next month also.  When Jackie renoms from the first
you'll have to  release from the EDI  held.


Could I get the following people added as contacts for The New Power Company

Tim Ray
Jeffery Porter
David Scott
 Mike Garred

You are wonderfull.


I believe that is correct.  Of course, ENA will pass through to retail
appropriate charges for retail transport.

Chris Germany
01/27/2000 04:15 PM
To: Jeffrey T Hodge/HOU/ECT@ECT, Colleen Sullivan/HOU/ECT@ECT
cc:
Subject: Payment for January

I'm sure I asked this question before - ENA will be paying all transport cost
for January, even if we did not get set up as agent, correct?


I'm so sorry.  I hope things go well for you.

MARY THERESA FRANKLIN
03/14/2000 05:32 PM
To: Chris Germany/HOU/ECT@ECT
cc:
Subject: Re: CNR Contracts

FYI
---------------------- Forwarded by Mary Theresa Franklin/HOU/ECT on
03/14/2000 05:31 PM ---------------------------

MARY THERESA FRANKLIN
03/14/2000 05:31 PM
To: Katherine L Kelly/HOU/ECT@ECT
cc: Robert Allwein/HOU/ECT@ECT, Carrie Hollomon/HOU/ECT@ect, Brenda H
Fletcher/HOU/ECT@ECT
Subject: Re: CNR Contracts

We have had an unexpected death in my family, requiring me to be out of the
office the rest of the week.   I am sorry the timing is so bad, I will
contact Robert first thing next week and we can workout a game plan going
forward.  Thanks for your patience...

---------------------- Forwarded by Mary Theresa Franklin/HOU/ECT on
03/14/2000 05:08 PM ---------------------------
To: Mary Theresa Franklin/HOU/ECT@ECT
cc: Robert Allwein/HOU/ECT@ECT, Joan Veselack/Corp/Enron@ENRON, Carrie
Hollomon/HOU/ECT@ect, Brenda H Fletcher/HOU/ECT@ECT
Subject: Re: CNR Contracts

The contracts are the transportation agreements on CNR.  Robert sat with
Chris Germany yesterday and to our knowledge these gathering contracts have
never been set up in our systems.

I'll be in meetings until 3:30, so please feel free to talk to Robert Allwein
down on 30.  Actually, I think it would be a great idea to spend a few
minutes talking about this to get on the same page before anyone gets too far
into the process and we discover that rework is being done.

MARY THERESA FRANKLIN
03/14/2000 01:35 PM
To: Katherine L Kelly/HOU/ECT@ECT
cc: Carrie Hollomon/HOU/ECT@ect, Brenda H Fletcher/HOU/ECT@ECT
Subject: Re: CNR Contracts

I just meet with Gloria to decipher what the status is on all her E-mails.
She's identified all the remaining rate changes needed for today's payments,
the transport contracts needed to be setup, Sitara numbers needed for
contracts already set up, and the meters needing to be linked to transport
contracts.  I'm still fuzzy on this whole process and am not sure what Robert
Allwein's 60 or 70 contracts relate to... are these purchase contracts?
I'll be up shortly, working with Brenda... let's see if a meeting would be
good.


Vince,

Thanks very much for your help

Helen

    -----Original Message-----
    From: Vince J Kaminski <vkamins@ect.enron.com>
    To: Helen Evans <helen@risk.co.uk>
    Cc: Stinson Gibner <sgibner@ect.enron.com>
    Date: 10 December 1999 19:14
    Subject: Re: New EPRM Speakers

    Helen,

    I forwarded your message to my associate Stinson Gibner
    whom I can wholeheartedly recommend.

    Vince

    "Helen Evans" <helen@risk.co.uk> on 12/06/99 10:29:39 AM

    Please respond to "Helen Evans" <helen@risk.co.uk>

    To:   Vince J Kaminski/HOU/ECT@ECT
    cc:
    Subject:  New EPRM Speakers

    Vince,

    I'm currently looking to broaden EPRM's speaker base and would like to
find a
    speaker for a training course I am producing on the Monte Carlo
technique. I was
    wondering if you might be able to recommend somebody new from Enron who
might
    like to speak on this subject. I'd really appreciate any help you could
give me.

    Many Thanks

    Helen Evans
    Producer, EPRM Conferences & Courses

 - att1.htm


You are both wrong, it is Reggie's fault, he told me not to hang around
either of you!!!!!

	Marie Heard@ENRON COMMUNICATIONS
	10/10/2000 04:21 PM

		 To: Tana Jones/HOU/ECT@ECT@ENRON
		 cc: Genia FitzGerald/HOU/ECT@ECT@ENRON
		 Subject: Re: HOTDOG !This is sooo adorable!

Yeh, you're right.  It is her fault.  In the past, she always had plans and
couldn't (or just didn't want to) go with us.  I guess that's the price you
pay for being so popular and in demand.

Marie Heard
Senior Legal Specialist
Enron Broadband Services
Phone:  (713) 853-3907
Fax:  (713) 646-8537
Marie_Heard@Enron.net

	Tana Jones@ECT
	10/10/00 04:09 PM

		 To: Marie Heard/Enron Communications@ENRON COMMUNICATIONS@ENRON
		 cc: Genia FitzGerald/HOU/ECT@ECT
		 Subject: Re: HOTDOG !This is sooo adorable!

It's really all Genia's fault, she goes to lunch too darn early.  I guess we
need to make a date beforehand for lunch with you...!

	Marie Heard@ENRON COMMUNICATIONS
	10/10/2000 04:04 PM

		 To: Genia FitzGerald/HOU/ECT@ECT@ENRON
		 cc: Tana Jones/HOU/ECT@ECT@ENRON
		 Subject: Re: HOTDOG !This is sooo adorable!

Hey, I was an invited guest.  It wasn't my party!  Sounds like someone is
trying to weasel herself out of trouble.

Marie Heard
Senior Legal Specialist
Enron Broadband Services
Phone:  (713) 853-3907
Fax:  (713) 646-8537
Marie_Heard@Enron.net

	Genia FitzGerald@ECT
	10/10/00 03:23 PM

		 To: Marie Heard/Enron Communications@Enron Communications
		 cc: Tana Jones/HOU/ECT@ECT
		 Subject: Re: HOTDOG !This is sooo adorable!

Thanks for inviting me to share Mexican food with you.  Tana said it was YOUR
fault I wasn't invited!!!!!

Genia
----- Forwarded by Genia FitzGerald/HOU/ECT on 10/10/2000 03:21 PM -----

----- Forwarded by Genia FitzGerald/HOU/ECT on 10/10/2000 02:30 PM -----

 - Hotdog PHOTO2.jpg


Dear Amazon.com Customer,

Come experience the holidays at Amazon.com. We've thought of
everything to make your gift giving easier--plus, for a limited
time, we're offering free shipping on orders over $99.

http://www.amazon.com

Whether you're shopping for books and CDs, electronics and DVDs, or
housewares and toys, you'll find a huge selection, great deals, and
convenient gift services, too:

- Wrap & Ship--Let us do the work (you can take the credit).
- Wish List--Make shopping easier for your loved ones.
- Gift Certificates--Easy, fast, and always appreciated.

We hope you'll stop by today and start your holiday shopping now to
take advantage of free shipping. Discover how easy it can be to
find, buy, give... and relax.

http://www.amazon.com

Sincerely,

Amazon.com Holiday Team

We hope you enjoyed receiving this message. However, if you'd rather
not receive future e-mails of this sort from Amazon.com, please
visit the Help page named Updating Subscriptions and Communication
Preferences through the link below, then click the Customer
Communication Preferences link.

http://www.amazon.com/unsubscribe

Please note that this message was sent to the following e-mail
address:

matt.smith@enron.com


Return-Path: <felicity.mackay@intel.com>
Received: from  rly-zd02.mx.aol.com (rly-zd02.mail.aol.com [172.31.33.226])
by air-zd05.mail.aol.com (v76_r1.23) with ESMTP; Fri, 10 Nov 2000 20:23:30
-0500
Received: from  thalia.fm.intel.com (thalia.fm.intel.com [132.233.247.11]) by
rly-zd02.mx.aol.com (v76_r1.19) with ESMTP; Fri, 10 Nov 2000 20:22:48 -0500
Received: from SMTP (fmsmsxvs01-1.fm.intel.com [132.233.42.201]) by
thalia.fm.intel.com (8.9.1a+p1/8.9.1/d: relay.m4,v 1.32 2000/10/12 22:57:04
dmccart Exp $) with SMTP id BAA07465; Sat, 11 Nov 2000 01:23:49 GMT
Received: from fmsmsx27.FM.INTEL.COM ([132.233.48.27]) by 132.233.48.201
(Norton AntiVirus for Internet Email Gateways 1.0) ;  Sat, 11 Nov 2000
01:22:31 0000 (GMT)
Received: by fmsmsx27.fm.intel.com with Internet Mail Service (5.5.2650.21)
id <WS6Y2M60>; Fri, 10 Nov 2000 17:22:25 -0800
Message-ID: <1D28B91BEE38D411AC6D00902785733F01808396@fmsmsx90.fm.intel.com>
From: "Mackay, Felicity" <felicity.mackay@intel.com>
To: Allaboutme <IMCEAEX-WORZLE+40HOTMAIL+2ECOM@mail.intel.com>,
Brains_in_Wales <samuelpj@cardiff.ac.uk>,        "Brenner@work"
<tim_brenner@mentorg.com>, Carsten <carstenr@aol.com>,        "Coop@Work"
<aaroncooper@att.com>, "Cox@work" <stevec@cadence.com>,        Elizah
<lillahmay@aol.com>, "Erik@home" <erikvd@sportsmail.com>,        "Erik@work"
<erikd@veritools.com>,        Fasching_in_paradise <m_fasching@yahoo.com>,
Fudge <jef1260@aol.com>,        Fuzzyinside <haus2@hotmail.com>,
"Gregg@the_dairy" <gregg.burke@milliman.com>,        "Hump@work"
<ajh@glumac.com>, Julie_in_London <julie.lewis@cmck.com>,        Lady
Felicity  <felicity.mackay@intel.com>,        Liptonite <postinit@aol.com>,
Lisa  <lisngu@yahoo.com>,        Little_Big_Bear
<bjorn.s.sundstrom@intel.com>,        Lynnstein
<lynn.feinstein@nike.com>,        Melicity
<melissax.marcin@intel.com>,        "Michaelstein@get-to-work"
<michael@gbd-architects.com>,        "Mr. Big"  <kevin.weldon@intel.com>,
   "Mr.Maher" <keith_maher@intel.com>, "Mrs. Maher"
<una_maher@yahoo.com>,        "Parker@home" <dparker2@uswest.net>,
Polish_Pistol <joseph.jankowski@intel.com>,        Shagwell
<worzle@hotmail.com>,        "Sheets&Paper@work" <brian.d.sheets@intel.com>,
      Stuart  <stuart@saros.co.uk>,        "Thom@expandable_pants"
<troholt@uswest.net>,        "Tom@Home" <tga@northwest.com>, "Tom@Work"
<tgregg@MAHLUM.com>,        Una  <unakim1@yahoo.com>, Vinod
<Vinod@cadence.com>
Subject: Thanksgiving
Date: Fri, 10 Nov 2000 17:22:18 -0800
X-Message-Flag: Read
Return-Receipt-To: "Mackay, Felicity" <felicity.mackay@intel.com>
MIME-Version: 1.0
X-Mailer: Internet Mail Service (5.5.2650.21)
Content-Type: multipart/mixed;
boundary="----_=_NextPart_000_01C04B7D.D5053F60"

>
>
> Want to raise eyebrows on Thanksgiving Day?? Here's how.
> Cool trick . . . cut out aluminum foil in the desired shape; wrap up the
> turkey and roast normally . . . keeps the Thanksgiving guests guessing.
>
>
>

 - sexychick.jpg


Please click on the attached link to launch your Holiday Party invitation.

 http://invitation.enron.com

Please direct any questions to Dorie Hitchcock via email.


E236, the derivatives...


Great!

Sami Arap@ENRON_DEVELOPMENT
02/15/2000 05:39 AM
To: Sara Shackleton/HOU/ECT@ECT
cc: Mary Ann Oliveira/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Re: Bracewell & Patterson Seminar for ESA (Brazil)

Sara;

Today at 11:00am Houston time (3:00pm SP time) works out well for me.  I will
call you in the office.

Bracewell suggested the following dates: March 23, March 30, April 6, April
20 and April 27.

Regards,

Sami

Sara Shackleton@ECT
02/14/2000 07:24 PM
To: Sami Arap/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: Re: Bracewell & Patterson Seminar for ESA (Brazil)

Sami:  Can we schedule a short conference call to discuss?  I am in the
office all week except for Friday (and Monday, February 21 is a legal holiday
in the U.S.)  Please let me know your availability.  Maybe you can select
from the following this week:

Tues, 2/15:  10:30 am until 1 pm, after 2 pm

Wed., 2/16:  9 am until 10 am, 11am until 2 pm, after 3 pm

Thurs., 2/17:  1 pm until 4 pm

All of the foregoing times are Houston times.
Also, I am trying to verify holidays in Brazil for the remainder of the
year.  Is Bracewell looking at early or late March?

Thanks.  Sara

Sami Arap@ENRON_DEVELOPMENT
02/14/2000 10:02 AM
To: Sara Shackleton@ECT
cc:
Subject: Bracewell & Patterson Seminar for ESA (Brazil)

Sara;

As per our previous telephone conversation with respect to a legal seminar in
Brazil, I would like to discuss with you the most appropriate way to meet the
expectations of both ESA lawyers and Direct Sales business people.  My idea
is to organize a 1 or 2 day seminar in S?o Paulo, having Nancy Wodka (B&P)
and Jos, Em?lio (Tozzini, Freire) talking about international and Brazilian
legal issues of "Contracting" (focusing on PPAs and equity participation).  I
would also very much like to have you talking about "Derivatives".
Additionaly, it would be interesting to have someone from EES (or V&E) to
talk about "Outsourcing".  I'd like to hear your opinions before contacting
Nancy and Jose Emilio.  Please be advised that Nancy has indicated to us that
the Seminar must take place in March.

Thanks for your cooperation.

Regards,

Sami


The original message was received at Wed, 21 Mar 2001 22:06:56 GMT
from mailman.enron.com [192.168.189.66]

   ----- The following addresses had permanent fatal errors -----
<pyoung@cliverunnels.com>

   ----- Transcript of session follows -----
550 <pyoung@cliverunnels.com>... Host unknown (Name server: cliverunnels.com:
host not found)

   ----- Original message follows -----

Return-Path: <Tana.Jones@enron.com>
Received: from mailman.enron.com (mailman.enron.com [192.168.189.66])
 by postmaster.enron.com (8.8.8/8.8.8/postmaster-1.00) with ESMTP id WAA28171
 for <pyoung@cliverunnels.com>; Wed, 21 Mar 2001 22:06:56 GMT
From: Tana.Jones@enron.com
Received: from nahou-msmsw03px.corp.enron.com ([172.28.10.39])
 by mailman.enron.com (8.10.1/8.10.1/corp-1.05) with ESMTP id f2LM6tP15824
 for <pyoung@cliverunnels.com>; Wed, 21 Mar 2001 16:06:55 -0600 (CST)
Received: from ene-mta01.enron.com (unverified) by
nahou-msmsw03px.corp.enron.com
 (Content Technologies SMTPRS 4.1.5) with ESMTP id
<Tac1c0a27526e5b9afa@nahou-msmsw03px.corp.enron.com> for
<pyoung@cliverunnels.com>;
 Wed, 21 Mar 2001 16:06:55 -0600
Subject: breakfast saturday
To: pyoung@cliverunnels.com
X-Mailer: Lotus Notes Release 5.0.3  March 21, 2000
Message-ID: <OF5D0FD9BE.173B110C-ON86256A16.0079588C@enron.com>
Date: Wed, 21 Mar 2001 16:07:03 -0600
Return-Receipt-To: Tana.Jones@enron.com
X-MIMETrack: Serialize by Router on ENE-MTA01/Enron(Release 5.0.6 |December
14, 2000) at
 03/21/2001 04:03:36 PM
MIME-Version: 1.0
Content-type: text/plain; charset=us-ascii

I am going to run w/holly at 7:00 on saturday and then meet her for
breakfast at 8 at the IHOP.  Lucinda is going to join us for breakfast.  I
thought maybe if it met w/your running schedule you might want to join
us...