Attached is the Commission Agenda for the public meeting scheduled for March
28.

http://www.ferc.fed.us/public/isd/sunshine.htm

Please note below the items of interest:

CAG-5     Transwestern, several dockets relating to negotiated rate contracts
(RP97-288-009 thru 15)
CAG-15    Northern Border, RP01-267, order expected on new firm backhaul
proposal

Several dockets appear relating to emergency petitions for relief in the
California markets and requests to reinstitute price caps between pipelines
and LDCs, hedging of capacity rights (El Paso), and abuses charged by
SoCalGas against El Paso at its Topock delivery point.

CAG-28     San Diego Gas & Electric, LA Dept of Water, Natl Asso. of Gas
Consumers v. Sellers of Natural Gas, RP01-180
CAG-37     CPUC v. El Paso, RP00-241
CAG-38    SoCalGas v. El Paso, RP01-27

Two dockets concern ROFR rights

CAG-29    Tennessee Gas, RP01-20
CAG-34     Algonquin Gas, RP00-533 and Texas Eastern, RP00-535

CAG-2     Tennessee Gas, RP01-239 (Extended Delivery/ Extended Receipt
Service ) new service)
CAG-35    Williams Gas, RP93-109 (rehearing requested in remand concerning
PCB)

Three electric dockets may be of interest:

CAE-13    GridFlorida, RT01-67 (expect order on RTO filing)
CAE-21    Florida Municipal Power v. Florida Power & Light, TX93-4
(compliance filing contested relating to order directing FPL
               to provide network services to FMPA
CAE-39    Southwest Power Pool/Entergy, RT01-34 and 75 (expect order on RTO
filing)

No discussion topics noted.


phone:	011-44-20-7783-6582

fax:	[in my other notebook sitting in the conference room; it's no wonder I can't keep it (myself) together}

Sara Shackleton
Enron Wholesale Services
1400 Smith Street, EB3801a
Houston, TX  77002
Ph:  (713) 853-5620
Fax: (713) 646-3490


Type:Single Meeting
Organizer:Haedicke, Mark E.
Start Time:Monday, July 23, 2001 2:00 PM
End Time:Monday, July 23, 2001 2:30 PM
Time Zone:Central Time (US & Canada)
Location:EB3325

*~*~*~*~*~*~*~*~*~*


Lets talk tomorrow about the whole basket of TW issues, including this one.
thanks. df
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 03/20/2001
10:30 PM ---------------------------
From: Jeffery Fawcett/ENRON@enronxgate on 03/20/2001 04:48 PM
To: Lorraine Lindberg/Enron@enronXgate, Steven Harris/ET&S/Enron@ENRON, Kevin
Hyatt/ENRON@enronxgate, Susan Scott/ENRON@enronXgate, Drew
Fossum/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON
cc:

Subject: U.S. Gypsum request for capacity

I fielded a call today from Mr. Rob Cooper of U.S. Gypsum.  Mr. Cooper
indicated that he's been in contact with Lorraine for purposes of acquiring
Red Rock expansion capacity.  Moreover, Mr. Cooper has been in contact with
SoCal Gas in order that SoCal Gas recognize firm deliveries from Transwestern
at Needles in excess of the current (sustainable) limit of 750 MMcf/d.

Mr. Cooper insists that he is making progress with SoCal Gas aimed at lifting
the 750 window to 760, and that SoCal Gas has indicated U.S. Gypsum would be
entitled to an exclusive right to the increased amount.   While trying not to
be argumentative, I told Mr. Cooper that if SoCal Gas was willing to set
aside a discrete increment of capacity for a single shipper, it would be a
radical departure from current SoCal Gas policy.  Currently, SoCal Gas does
not provide unbundled intrastate transmission.  They have only accepted or
not accepted pipeline nominations, as the case may be, as an aggregate
volume, with no distinction being drawn on who the upstream shippers were.

I set about to try to explain that there is no correlation (other than
coincidental timing) between (1) TW discussions with SoCal Gas at raising the
capacity window at Needles and (2) TW's effort to sell Red Rock Expansion
space.  In addition, I attempted to explain that TW feels it will be required
to follow certain rules pursuant to its tariff and FERC policy associated
with making new delivery point capacity available on a non-discriminatory
basis.  With respect to this issue, I told Mr. Cooper that, although we're
currently discussing it, we'd yet to come to any decision on how, if
incremental capacity does become available at Needles, TW would make such
delivery point capacity available to its shippers.

Mr. Cooper then proceeded to launch into a diatribe about how, if that's the
case, then "he's wasted 3 weeks in active negotiations" with both SoCal Gas
and TW aimed at securing capacity at Needles.  He said on several occasions
that "end game" for him was to secure a firm portal from the interstate
system onto and through the SoCal Gas system.  Mr. Cooper also expressed a
concern that if he's forced into a competitive bidding situation with other
big marketing companies (in his words, "such as ENA") for Needles capacity,
then he probably couldn't compete, and once again, would be left on the
outside looking in.  He pointed to the El Paso Merchant deal on EPNG as a
prime example.

Mr. Cooper said he wasn't ready to accept my explanation as to why TW
couldn't commit to offering U.S. Gypsum an exclusive right to any incremental
Needles capacity, and asked that I formally "run it up the flagpole" to
senior management and get back with him by telephone with TW's "official
position."   As an editorial comment, I'm not sure Mr. Cooper completely
understands (or cares about) the landscape here.  I'd go so far as to say
that from his style and the tone of his conversation with me, he won't easily
take "no" or even a "maybe" as an answer.   The difficulty for TW is going to
be in trying to persuade him that we're interested in his business and
sympathize with his position, but that we face real legal and/or regulatory
issues here, and they cannot be dismissed or ignored by U.S. Gypsum or any
other customer.

I'd like to be in a position to call him back on Friday and give him TW's
"official position" on his request for Needles service in the Red Rock
expansion.  Thoughts?  Suggestions?  Help?


Changes to the Distribution Revenue Requirement

-----Original Message-----
From: JBennett [mailto:JBennett@GMSSR.com]
Sent: Monday, October 22, 2001 8:33 AM
To: Jeff Dasovich (E-mail); Sue Mara (E-mail)
Cc: 'mpetroch@enron.com'; 'acomnes@enron.com'
Subject: Rehearing on PG&E's GRC

Almost two years after issuing a decision in PG&E's GRC, the Commission
issued it rehearing order on October 16th and, lo and behold, actually
granted TURN's rehearing request in part.  The overall result is to reduce
the capital revenue requirement by $24.8 million and expenses by $37.3
million.  In addition, some portion of PG&E' estimated $171 million in
electric distribution capital spending will be subject to rehearing.
Listed  below are the areas in which the Commission granted rehearing.

1.  Electric Distribution Capital Spending.    The Commission will, in
essence, reopen the record, and allow PG&E to put into evidence how much it
invested in its electric distribution plant in 1998.  PG&E had used a 1998
forecasted amt of capital expenditures to develop its test year forecast.
TURN argued that there was substantial evidence on the record that this
amount was never spent. PG&E argued that the record closed prior to the end
of 1998 so the best it could do was an estimate.  On rehearing, the
Commission agreed with TURN, that there was evidence that the forecasted
amount was never spent, so they are allowing PG&E to prove it.  The
rehearing order states that any rates that are raised based on the electric
distribution capital forecast adopted the GRC decision  may be subject to
refund.

2.  Emergency Response Work This work category under electric distribution
capital spending was reduced by $17.2 million.

3.  Vegetation Management. The Supplemental Tree Trimming Program was
reduced by $9.2 million.

4.  Meter Reading.  PG&E had primarily used accounting changes to justify
the large increase in this service.  On rehearing the Commission stated that
PG&E had failed to substantiate those changes and reduced the allowed amount
by $7.9 million.

5. Account Services.  On rehearing the commission stated that PG&E had
failed to show (a) why it cost so much more to provide services to CIA
customers  than residential customers ( $43.30 vs. $10.20); and (b) that
money was not going for marketing activities that the Commission had
disallowed in the previous GRC.  The result was that the commission
disallowed $20 million.

6.  Customer Information Systems.  The Commission disallowed $7.2 million as
funds which ratepayers had already expended for CIS  rewrites for which they
had not received any benefits.


Kamp,

How's everything going -I assume great?  How's the baby and Patty
doing?

How 'bout that Barry Bonds?  You must be in heaven - (1) baby boy,
(2) Yanks win the division, (3) Bonds goes for record.

I think Bonds is going to break the record Wednesday night in Houston.
Guess who'll be sitting in section 154 (check it out on the Astros
website) waiting for # 71.  Look for me on TV.

KR

-----Original Message-----
From: Richard Kampmann [mailto:rkampmann@yahoo.com]
Sent: Friday, August 31, 2001 11:26 AM
To: Ruscitti, Kevin; Lisa Kevin Ruscitti
Subject: Re: napa valley

Sorry so late.

--- "Ruscitti, Kevin" <Kevin.Ruscitti@ENRON.com> wrote:
> kamp,
>
> just a reminder about the napa valley restaurant and winery list.
> hope
> everything's going great.
> the big day is nearing.  keep us informed.  tell patty we're thinking
> about her.
>
> kevin
>
>
>
**********************************************************************
> 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.
>
**********************************************************************

__________________________________________________
Do You Yahoo!?
Get email alerts & NEW webcam video instant messaging with Yahoo! Messenger
http://im.yahoo.com


Thanks Mark - my understanding however is that the long description with the
reference to COMEX will be viewable by Reuters users so does this change your
view or would we still be okay, given that the reference to COMEX is quite
benign (i.e. we have similar references in our long descriptions for IPE,
Platts etc.)?


Attached is an updated version of the daily file that I sent earlier this
morning.  The only change is to the volumes for NIPSCO.  All other volumes
should be the same as those in the earlier version.  sorry for any confusion.

The attached file contains our daily volume requirements for 4/10/00 and  the
following day(s) as listed .    There are three  worksheets labelled as
follows:

'Total Reqs':  Contains the volumes that CES is requesting from Enron at each
of the delivery points and dates indicated in the columns labelled "NOM".
The
Enron schedulers will want to check this sheet to see how much gas is needed
at
a specific point.   The AGL volumes are not timely and should be ignored until
further notice.    CES schedulers note:  the attached file is archived on
P:\Energy Ops\Enron\April_00\Daily\ *.xls, so you don't have to save a
duplicate copy elsewhere on the network.
'Daily Change' :  shows the change (increase +/decrease -) in the daily volume
needed from Enron at the designated citygate delivery point relative to the
supply volumes arranged previously with Enron prior to the current date.  For
the current gas day, the change is an intra-day change and is calculated using
the previous day's volume request for the current day (e.g., If the current
gas
day is 3/28, then the change is computed with respect to the 3/27 request for
3/28.  Note that this procedure assumes that the prior day supply change was
in
fact effectuated).  For tomorrow's gas day and any subsequent ones shown, the
change is computed as the latest Dth Nomination requirement less the
First-of-the-month supply volume plus or minus any adjustments made since the
first-of-the-month to the FOM supply for the (future) days shown.  (e.g., If
today is 3/28, then the change for 3/29, 3/30, etc. is computed with respect
to
the first-of-the-month volumes for those days adjusted for any additional
purchases or sell-backs since the first-of-the-month thru 3/27.)   This sheet
should be useful in determining prices for daily changes in gas volumes that
we
take or turn back.   The column labelled "ENA Daily Swing +/- vs FOM volume'
shows the absolute magnitude of the daily swings allowed by ENA at
pre-specified prices.  Prices for Swing volumes exceeding these magnitudes or
for swings at delivery points without pre-specified pricing must be
negotiated.
'TCO Storage':  Shows the daily swings taken by CES on its (paper) storage
injection for the month.    Daily swings on TCO storage may be used to meet
some or all of the daily swings at delivery points off TCO as shown in the
"Daily Change' worksheet.

Doug Kinney
Ph:  703-561-6339
Fax:  703-561-7317

 - 04-10-00 daily volsAM.xls


Dear Mark and Bob,

We will be kicking-off the above group in January. The core members are
scheduled to meet in advance to discuss the priority and order of the issues
to be discussed. For this purpose, I would appreciate if you could arrange
for someone to send me the minutes of the past committee meetings in NY and
London. If they are not open to non-chairs or the ISDA Board, I will digest
it and reduce them into plain Japanese summary.

Thank you for your cooperation.

Regards,

Terry


FYI, Lee accepted our invitation to the Nutcracker for Wed. evening.

Kim.


EFF_DT PORTFOLIO_ID DOWN95
2/7/01  MANAGEMENT-COAL 0
2/7/01  MANAGEMENT-CRD 0
2/7/01  MANAGEMENT-GAS 1,502,364.
2/7/01  MANAGEMENT-PWR 171,642.
2/7/01  AGG-MANAGEMENT 1,561,696.


Debra Perlingiere
Enron North America Legal
1400 Smith Street, EB 3885
Houston, Texas 77002
dperlin@enron
713-853-7658
713-646-3490 Fax


Hi Philippe -

Ken asked me to request that you call the above referenced gentleman.  He was
referred by a friend of Ken's.  He wants to see if his oil on-line business
is a fit for us.  Ken said he has no idea whether it will work or not, but
please give him a courtesy call.

Steve Hellman at 212-628-7191 or cell phone 917-623-9730.

Thanks.

Rosie


We sold the National Fuel back to the Canadian desk for June at NX1 + $.235.
The volume is 9189 per day, deal ticket 782980.

Kimat, please forward to the Canadian Book Admin.


Okay, I'll send it via the mail.  I like your new hair style, it looks good!


Did you find the Helen Baylor cd?


please RSVP no. I will be in Boston
 -----Original Message-----
From: 	Janette Elbertson   On Behalf Of Mark E Haedicke
Sent:	Monday, June 11, 2001 7:17 PM
To:	Alan Aronowitz; Michelle Blaine; Gail Brownfeld; Robert Bruce; Teresa G Bushman; Michelle Cash; Dominic Carolan; Barton Clark; Harry M Collins; Mary Cook; Nancy Corbet; Ned E Crady; Eddy Daniels; Angela Davis; Peter del Vecchio; Stacy E Dickson; Andrew Edison; Roseann Engeldorf; Robert H George; Barbara N Gray; Mark Greenberg; Wayne Gresham; Leslie Hansen; Jeffrey T Hodge; Brent Hendry; Anne C Koehler; Cheryl Lindeman; Dan Lyons; Kay Mann; Travis McCullough; Lisa Mellencamp; Janet H Moore; Harlan Murphy; Julia Murray; Cheryl Nelson; Gerald Nemec; Marcus Nettelton; Francisco Pinto Leite; David Portz; Coralina Rivera; Michael A Robison; Daniel R Rogers; Elizabeth Sager; Richard B Sanders; Frank Sayre; Lance Schuler-Legal; Sara Shackleton; Carlos Sole; Carol St Clair; Lou Stoler; Mark Taylor; Sheila Tweed; Steve Van Hooser; John Viverito; Susan Bailey; Martha Braddy; Sarah Bruck; Genia FitzGerald; Nony Flores; Diane Goode; Linda R Guinn; Marie Heard; Ed B Hearn III; Mary J Heinitz; Tana Jones; Kathleen Carnahan; Deb Korkmas; Laurie Mayer; Matt Maxwell; Mary Ogden; Stephanie Panus; Debra Perlingiere; Kay Young; Merrill W Haas; Samantha Ferguson; Majed Nachawati; Suzanne Adams; Connie Castillo; Margaret Doucette; Keegan Farrell; Nita Garcia; Carolyn George; Esmeralda Gonzalez; Vanessa Griffin; Martha Keesler; Holly Keiser; MaryHelen Martinez; Rae Meadows; Linda J Simmons; Becky Spencer; Twanda Sweet; Stephanie Truss; Alice Wright; Theresa Zucha; Reginald Shanks; Claudia Meraz
Cc:	Dorie Hitchcock
Subject:	Invitation - Star Wars:  The Magic of Myth

Please click on the link below for the invitation to the museum.

http://207.21.193.94/starwars/


---------------------- Forwarded by Juan Hernandez/Corp/Enron on 11/27/2000
06:25 AM ---------------------------

"jrh.texas" <jrh.texas@mciworld.com> on 09/02/2000 04:52:27 PM
To: juan.hernandez@enron.com
cc:

Subject: Fw: YOU KNOW YOU'RE A LATINO IF...

-----Original Message-----
From: Danny Haskin <DannyH@calpine.com>
To: 'Juan Hernandez' <purogallo@email.msn.com>
Date: Tuesday, May 04, 1999 8:12 AM
Subject: RE: YOU KNOW YOU'RE A LATINO IF...

>a lot of this stuff can be titled:You know you're black if,,,,
>
>> -----Original Message-----
>> From: Juan  Hernandez [SMTP:purogallo@email.msn.com]
>> Sent: Monday, May 03, 1999 8:09 PM
>> To: jhernan@columbiaenergy.com; dannyh@calpine.com
>> Subject: Fw: YOU KNOW YOU'RE A LATINO IF...
>>
>>
>> -----Original Message-----
>> From: KPolt@aol.com <KPolt@aol.com>
>> To: Laura Hernandez <Laura.Hernandez@trw.com>; LKefgen@aol.com
>> <LKefgen@aol.com>; Cat26grp@aol.com <Cat26grp@aol.com>; D1730@aol.com
>> <D1730@aol.com>; PAPA1039@aol.com <PAPA1039@aol.com>; BASNBoyz@aol.com
>> <BASNBoyz@aol.com>
>> Date: Friday, April 30, 1999 6:29 PM
>> Subject: YOU KNOW YOU'RE A LATINO IF...
>>
>>
>>
>> YOU KNOW YOU'RE A LATINO IF...
>>
>> You have ever been spanked with chanclas.
>> You have later been spanked with the plancha chord.
>> You know your mom is sneaking up on you because you can hear her chanclas
>> on
>> the linoleum floor.
>> Your mother yells at the top of her lungs to call you to dinner and you
>> only
>> live in a one bedroom apartment.
>> You can get to your house blindfolded by the smell of the chuletas.
>> You light a candle the night of the Lotto drawing.
>> You get scared whenever someone mentions "el cucuuuuiii".
>> You go to the Pulga or Swapmeet every weekend for gear.
>> You go to a function and judge the women's fashions (wearing a sequence
>> butterfly print top you got from the pulga.)
>> You have gone to Titi's house and passed through the beaded curtain in
the
>> living room.
>> You step into a house that has all those little figurines taking up every
>> inch of space on/under the TV and you have a porcelain cat, dog, Buddha
or
>> elephant in your  livingroom.
>> You have plastic slipcovers on your sofas.
>> You swear "Choco Mil" is the same as Slim Fast and try to lose weight by
>> drinking it.
>> You have a perpetually drunk uncle.
>> You're still afraid to open that umbrella in your house.
>> You know at least one person in your family named Maria, Carlos,Papo,
>> Juan,
>> Jose, Tony, Tito or Luis.
>> You not only know who Don Francisco from Sabado Gigante is, but you tell
>> people he's your tio.
>> Your mother, tia, or hermana's hair is blackcherry, "Sun in" red or a
>> burgundy that would make Celia Cruz jealous.
>> You call: rug -carpeta; roof - rufo; parking - parking, libreria instead
>> of
>> biblioteca- or to knock - knockiar and chips-ruffles.
>> You have ever had to -beepiar- a friend on their pager.
>> You have told your kid not to walk the floor barefoot or they'll catch a
>> cold.
>> Your tia Chencha thinks that silver banana clips are on Vogue's hot list
>> for
>> hair.
>> You go to a wedding or Quiencienera, gossip about how bad the comida is,
>> but
>> be the first to take a plato to go.
>> You drink all beer with limon and salt.
>> Your sister has more mustache hair than your father.
>> One of your aunts or mom weighs over 300 pounds.
>> Your cousins are delinquents/hootchies.
>> You have a chola in your barrio named "La Flaca: who's bigger than a
>> house.
>> You think Cristina trumps Oprah any day.
>> Your uncle owns more gold than that jewelry shop down the street.
>> You have a cousin named "Guero"  who's darker than night.
>> You know a chola named "La Shy Girl"  who is loud and obnoxious.
>> Your mom made you put lettuce under your bed the night before Three
King's
>> Day so that the camels had something to eat and they leave you a gift in
>> return.
>> Your family never lets you forget the day you missed Mother's Day.
>> You need to point out how much something you just bought cost.
>> You can dance merengue, cumbias and salsa without music.
>> You go to at least 3 weddings a year.
>> You use manteca instead of olive oil and can't figure out why your ass is
>> getting bigger.
>> You go to a white friends house for dinner and dont understand the
concept
>> of
>> sitting at a table.
>> You have sat in a two-passenger car with over seven people in it.
>> You have a bottle of Bacardi or Tequila in your house right now.
>> You have a picture of -Jesucristo- in your house.
>> You have at least TWO statues of saints in your house (and a bonus point
>> if
>> one of them La Virgen de Guadalupe).
>> You go to Church on Easter, Christmas and New Years just to see what
>> everyone
>> is wearing and find out all the latest chisme.
>> You're an adult and you're still forced to be with your family at
>> 12midnight
>> on New Years Eve.
>> You walk around saying -chacho-,-chacha-,-ay bendito- or -Buey-.
>> You get anothers attention by saying "chhh chhh" or "Pssssst."
>> You drive a Cheby- (Chevy),an -Ohsmobeel- (Oldsmobile) or a Bolswahgon
>> (VolksWagon)
>> You call your sneakers -tenis- .
>> Your car has fifteen speakers in it and you fix it every weekend.
>> You have at least thirty cousins.
>> You start clapping when your plane lands on the runway.
>> And last, but not least...
>> Your grandmother thinks she has the miracle cure for everything.
>>
>> VIVA LatinoAmerica!
>>
>>
>>


Mark:  I have been in touch with Sami Arap who is now Andrea Bertone's boss.
There are currently two seminars scheduled in Sao Paulo aimed for the
commercial group and the lawyers as follows:

1.  March 17 - Milbank Tweed  (Securitization)
2.  March 27 - Bracewell (legal issues for contracts)

I think I should attend these and was considering a trip to arrive before the
start and after the termination of the seminars (approx March 15 - March
28).  In the interim I could (hopefully) wrap up financial issues with
Tozzini and address at length physical issues with Tozzini.  Also, I can
speak with commercial groups and plan a "swap"seminar for the commercial and
legal groups (date TBD but probably after the legal seminar in San Antonio).
Please let me know if the timing works for our group in Houston and if you
have other thoughts.   Hope all is well.  Sara


---------------------- Forwarded by Scott Neal/HOU/ECT on 02/27/2001 03:24 PM
---------------------------

"Conrad Neal" <cneal@bluegate.com> on 02/27/2001 02:27:17 PM
Please respond to <cneal@bluegate.com>
To: "'Neal, William'" <billnealmd@hotmail.com>, "'Neal, Chris'"
<chrisn@thisco.com>, "'Neal, Eric'" <ericn@thisco.com>, "'Neal, Scott'"
<sneal@enron.com>, "'Neal, Todd'" <todd.neal@chron.com>, "'Neal, John'"
<muddywaters@hubserv.com>
cc:
Subject: Willis Tree Farm Report-4Q 2000

Attached is the Farm Report for the 4th Quarter 2000.

The following contributions are still owed for last year (2000):

SMN- $480
TWN- $350 minus cost of BBQ pit.
JCN- $480

[[ OCTNOV~1.DOC : 5139 in winmail.dat ]]
 - winmail.dat


Dear Mom,

Let's try this with Beal.

Luv
 Daisy (woof woof)

>
> > A new method!
> > >>
> > >> HOW TO BATHE THE CAT
> > >> >>   >
> > >> >>   >1   Thoroughly clean the toilet.
> > >> >>   >
> > >> >>   >2   Add the required amount of shampoo to the toilet water, and
> > >> have
> > >> >both
> > >> >>   >lids lifted.
> > >> >>   >
> > >> >>   >3   Obtain the cat and soothe him while you carry him towards
> the
> > >> >bathroom.
> > >> >>   >
> > >> >>   >4   In one smooth movement, put the cat in the toilet and close
> > >> both
> > >> >lids
> > >> >>   >(you may need to stand on the lid so that he cannot escape).
> > >> >>   >
> > >> >>   >CAUTION: Do not get any part of your body too close to the
> edge,
> > as
> > >> his
> > >> >>   >paws will be reaching out for any purchase they can find.
> > >> >>   >
> > >> >>   >5   The cat will self-agitate and make ample suds. Never mind
> the
> > >> >noises
> > >> >>   >that come from your toilet, the cat is actually enjoying this.
> > >> >>   >
> > >> >>   >6   Flush the toilet three or four times. This provides a
> "power
> > >> wash"
> > >> >and
> > >> >>   >"rinse" which I have found to be quite effective.
> > >> >>   >
> > >> >>   >7   Have someone open the door to the outside and ensure that
> > there
> > >> are
> > >> >no
> > >> >>   >people between the toilet and the outside door.
> > >> >>   >
> > >> >>   >8   Stand behind the toilet as far as you can, and quickly lift
> > >> both
> > >> >lids.
> > >> >>   >
> > >> >>   >The now-clean cat will rocket out of the toilet, and run
> outside
> > >> where
> > >> >he
> > >> >>   >will dry himself.
> > >> >>   >
> > >> >>   >Sincerely, The Dog
> > >
> > >
> >
> >
>


Member Services
Notice No. MS-28
May 4, 2001

COMMODITY EXCHANGE, INC.

NOTICE OF INTENTION TO TRANSFER MEMBERSHIP

 Notice of Intention to Transfer their Sole Membership has been posted on the
bulletin board of the Exchange by:

Stephen Willner (SPW-247)

 In connection therewith, notification of any claims against the
aforementioned individual(s) arising out of transactions executed on the
Exchange up to the close of business on October 20, 2000, must be submitted
to the Corporate Secretary,s Office within ten (10) days.

 Inquiries regarding the above should be directed to the Member Services
Department at (212) 299-2370.

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

"http://208.206.41.61/email/email_log.cfm?useremail=sara.shackleton@enron.com&
refdoc=(MS-28)"

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


The information contained herein is based on sources that we believe to be
reliable, but we do not represent that it is accurate or complete.  Nothing
contained herein should be considered as an offer to sell or a solicitation
of an offer to buy any financial instruments discussed herein.  Any
opinions expressed herein are solely those of the author.  As such, they
may differ in material respects from those of, or expressed or published by
on behalf of Carr Futures or its officers, directors, employees or
affiliates.  ? 2001 Carr Futures

The charts are now in the most recent version of Adobe Acrobat 4.0 and they
should print clearly from Adobe Acrobat Reader 3.0 or higher. Adobe Acrobat
Reader 4.0 may be downloaded for FREE from www.adobe.com.

(See attached file: AGA.pdf)
 - AGA.pdf


COLUMBIA GAS TRANSMISSION CORPORATION
                        NOTICE TO ALL INTERESTED PARTIES
                                  JUNE 01, 2001

Notice ID: 2770
5 - NO RESPONSE REQUIRED

SUBJECT: REVISED - CAPACITY UPDATE EFFECTIVE FOR SATURDAY AND SUNDAY,
         JUNE 2-3, 2001

             CHANGES ARE INDICATED WITH AN *

Effective Saturday and Sunday, June 2-3, 2001, capacities will be as follows:

Excess MDWQ              Available +
ISS Withdrawals          Available
SIT Withdrawals          Available
Imbalance Drawdowns      Available
PAL Lends/Unparks        Available

Excess MDIQ              Not Available + *
ISS Injections           Not Available   *
SIT Injections           Not Available   *
Imbalance Paybacks       Not Available   *
PAL Parks/Loan Paybacks  Not Available   *

+ Call Gas Control 24 hours in advance at (304) 357-2606 to request approval.

Receipt capacity will be as follows:

TENNESSEE:

Brinker (B12)            20,000
Broad Run (B9)          450,000
Cambridge (B10)          10,000
Dungannon (B11)          40,000
Highland (B17)           25,000
Milford (B18)            30,000
North Greenwood (B22)    10,000
Unionville (B15)         75,000

TEXAS EASTERN:

Delmont (C16)                 0
Eagle (C22)              30,000
Hooker (C9)              25,000
Pennsburg (C23)          50,000
Windridge (C12)          60,000

NATIONAL FUEL:

Independence (M1)        10,000
Ellwood City (L1)        10,000

TRANSCO:

Downingtown (E3)          5,000
Emporia I (E13)          80,000  *
Rockville (E2)           65,000
Dranesville (E1)         25,000

ALGONQUIN:

Ramapo (R1)              50,000

ANR:

Paulding/Cecil          100,000
(F1, A2)

LEBANON AGGREGATE       225,000
(A4, F2, C4, D3)

TOLEDO AGGREGATE        225,000
(A3, F4, 734462)

COLUMBIA GULF:
(801)

TCO-Leach             2,218,000

Internal point non-firm capacity will be as follows:

Lanham                No Restrictions

Delivery capacity (non-firm) will be as follows:

TRANSCO:

Martins Creek (MA 21)    25,000
Young Woman's Creek       5,000
   (MA 36)

ALGONQUIN:

Hanover (MA 22)         143,000

EQUITRANS:

Fallen Timber (MA 35)    35,000
(MLI K1)

Waynesburg-Rhinehart     30,000
(MA 26) (MLI K2)

OPT-30 will be available in all market areas.
OPT-60 will be available in all market areas.

Market Area delivery capacity (non-firm) will be as follows:

Operating Area 1
     Market Area 33       No Restrictions
     Market Area 34       No Restrictions

Operating Area 2
     Market Area 20       No Restrictions

Operating Area 3
     Market Area 15       No Restrictions
     Market Area 16       No Restrictions
     Market Area 17       No Restrictions
     Market Area 18       No Restrictions
     Market Area 19       No Restrictions

Operating Area 4
     Market Area 21       No Restrictions
     Market Area 22       No Restrictions
     Market Area 23       No Restrictions
     Market Area 24       No Restrictions
     Market Area 25       No Restrictions
     Market Area 29       No Restrictions

Operating Area 5
     Market Area 02       No Restrictions
     Market Area 07       No Restrictions

Operating Area 6
     Market Area 10       No Restrictions
     Market Area 11       No Restrictions
     Market Area 12       No Restrictions
     Market Area 13       No Restrictions
     Market Area 14       No Restrictions

Operating Area 7
     Market Area 01       No Restrictions
     Market Area 03       No Restrictions
     Market Area 04       No Restrictions
     Market Area 05       No Restrictions
     Market Area 06       No Restrictions
     Market Area 08       No Restrictions
     Market Area 09       No Restrictions

Operating Area 8
     Market Area 26       No Restrictions
     Market Area 27       No Restrictions
     Market Area 32       No Restrictions
     Market Area 35       No Restrictions
     Market Area 36       No Restrictions
     Market Area 38       No Restrictions
     Market Area 39       No Restrictions
     Market Area 40       No Restrictions

Operating Area 10
     Market Area 28       No Restrictions
     Market Area 30       No Restrictions
     Market Area 31       No Restrictions

If you have any questions, please contact your Account
Representative.


The Credit Watch List is on the cabinet @ the end of Kevin Presto's row, should you need a copy.

Thanks


Alex,

Thanks a lot. I could open our resume.
We hire part-time employees to help
us with our weather effort: the work is
concentrated in the early morning hours
6:00 to 10:00 a.m.

I shall check with Mike Roberts who runs the group
about our needs.

Please, let me know if you are interested in
a summer internship in 2002. The decisions
are made in late January and February and
you should let me know by then.

Vince

 -----Original Message-----
From: 	guang yu <yu970253@yahoo.com>@ENRON [mailto:IMCEANOTES-guang+20yu+20+3Cyu970253+40yahoo+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Tuesday, July 24, 2001 1:56 AM
To:	vkamins@enron.com
Subject:	my resume and parttime job

Dear Director Kaminski,

Thank you for your reply! I am trying to use
Yahoo!Mail to send my resume since something is wrong
with my default email system, Microsoft Outlook.
Please tell me if you still cannot read my resume.

Take care,

Alex

>Alex,
>
>I could not open the attachment. Please, send it as a
>MS Word
>document or a .pdf file.
>
>
>Vince

>  -----Original Message-----
> From: 	"Alex Guang Yu" <guangyu@ruf.rice.edu>@ENRON
>
[mailto:IMCEANOTES-+22Alex+20Guang+20Yu+22+20+3Cguangyu+40ruf+2Erice+2
> Eedu+3E+40ENRON@ENRON.com]
> Sent:	Friday, July 20, 2001 7:02 AM
> To:	vkamins@enron.com
> Subject:	part-time job
>
> Dear Director Kaminski,
>
> I am an MBA student at Rice University. Through our
director Peter
> Veruki's
> introduction, I expressed my interest in having a
summer intern or
> part-time
> job at your department by email and by talking with
you in telephone
> in
> June. Now I am taking my summer intern at JP Morgan
Chase. Since your
> department is called the development brain of Enron,
I am still very
> interested in having a learning opportunity to work
part-time under
> your
> direction. My updated resume is attached. I will
call you next Monday
> morning to follow up. Thank you for your
consideration.
>
> Guang (Alex) Yu
> Guang Yu
> MBA Candidate 2002
> Jesse H. Jones Graduate School of Management
> Rice University
>

__________________________________________________
Do You Yahoo!?
Make international calls for as low as $.04/minute with Yahoo! Messenger
http://phonecard.yahoo.com/
 - latest-resume.doc << File: latest-resume.doc >>


Sue/Janelle:

Steve Kean's pitch to the Florida PSC looks like it opened a "small crack" in
the FL IOUs door.  I am trying to get Enron a slot  on the agenda.  I will
advise tomorrow.

Marchris
----- Forwarded by Marchris Robinson/NA/Enron on 05/07/2001 04:50 PM -----

	"Natalie FUTCH" <natalief@katzlaw.com>
	05/07/2001 04:39 PM

		 To: <Marchris.Robinson@enron.com>
		 cc:
		 Subject: FPSC workshop on hedging and portfolio management next Monday

Marchris:

We'll give you more information as we learn it.

On Friday, May 4, the FPSC issued a notice of a workshop on hedging and
portfolio management (procurement of fuel for electric generation and end-use
applications); to be held next Monday, 5/14/01, at 1:30 p.m. at the FPSC.
F
 ind the notice at this link:

http://www.psc.state.fl.us/dockets/documents/01/05688-01.html

Find the agenda at this link (open with wordperfect viewer - let me know if
you need me to cut and paste it into an e-mail).

http://webserv1.electro-net.com/psc/Framer.Cfm?Link=rtowkshp.wpd

The purpose of this meeting is to have presentations on this issue.

Natalie

Natalie B. Futch, associate
Katz, Kutter, Haigler, Alderman, Bryant & Yon, P.A.
106 E. College Avenue, Suite 1200
Tallahassee, FL  32312
(850) 224-9634 (phone)
(850) 681-3218 (facsimile)
www.katzlaw.com
_______________________________________

This transmission is intended to be delivered only to the named addressee(s)
and may contain information that is confidential, proprietary, attorney
work-product or attorney-client privileged.  If this information is received
by anyone other than the named addressee(s), the recipient should
immediately notify the sender by E-MAIL and by telephone (850) 224-9634 and
obtain instructions as to the disposal of the transmitted material.  In no
event shall this material be read, used, copied, reproduced, stored or
retained by anyone other than the named addressee(s), except with the
express consent of the sender or the named addressee(s).  Thank you.


I pulled Dan in to listen to the voice mail.  Dan says, to go ahead and write
a new Master under the new name w/ whom ever the guarantor is as long as you
are comfortable with this.  After the new agreement is executed, we can move
the old transactions over to the new Master as necessary.

With regards to Heartland's legal stauts, I will do the due diligence.

Have a good time!!!!

dp


i think we would rally if march were the only thing traded.  Problem is
summer and on out so weak.  trade scale up seller of jv as it gets close to
600.  some customer selling in cal 2.  so h/j and j/k need to blow out
because no other spread is moving.  i'm a seller of j/k so h/j needs to
blow.  all other trade is scale up seller of that so it can move but slowly.
it's a struggle each penny at this point.  at least one spread needs to break
if we're going to run and i don't see that happening.

slafontaine@globalp.com on 02/08/2001 11:20:40 AM
To: John.Arnold@enron.com
cc:
Subject: Re: spreads

i think we rally a little from here this pm-that said i dont think mar/may
gonna
movre up much unless we see cash start to improve.. any thots on east cash?
its
a pig-of course no loads. whats gonna be the driver for march/apr from here
you
think?


PennFuture's E-cubed is a commentary biweekly email publication  concerning
the current themes and trends in the energy market.
?
PennFuture, which has offices in Harrisburg, Philadelphia and  Pittsburgh, is
a statewide public interest membership organization, which  advances policies
to protect and improve the state,s environment and economy.  PennFuture,s
activities include litigating cases before regulatory bodies and in  local,
state and federal courts, advocating and advancing legislative action on  a
state and federal level, public education and assisting citizens in public
advocacy.

September 27, 2000
Vol. 2, No. 19
?
The Answer, My Friend(
?
How do we develop a cleaner, sustainable electric industry? The answer is
literally blowing in the wind. In fact, about 100 MW of new wind generation
will  be operating in Pennsylvania by 2001 * a small portion of the
Commonwealth,s  total wind resource, which is enough to produce about 13
billion kWh or 10% of  Pennsylvania,s total electricity consumption. But
challenges must be overcome to  keep this crop from fading into thin air.
?
Why are obstacles being overcome to make wind power part of Pennsylvania,s
energy future? Customers want clean energy, and wind is readily available,
especially in the northeastern, central and southwestern areas of our state.
While some other states have better wind resources, Pennsylvania has plenty
of  Class 3 wind resources and a good bit of Class 4, much of which is
located in  rural communities. Ironically, sufficient wind resources are also
often found in  formerly important coal centers that were decimated when
machines replaced human  labor and mines were emptied of marketable coal. It
could offer these  communities a sustainable economic future, as the wind is
never mined out.
?
Just one year ago, when E-cubed discussed reasons to &Go With the  Wind,8
(Vol. I, No. 9, 9/14/99) no commercial wind farms were operating in
Pennsylvania, but our state had, and still has, the most vibrant customer
choice  program in America. Today, there are already two new, clean renewable
wind  generation facilities that were built in direct response to consumer
demand.
?
The 10.4 MW Green Mountain Farm in Garrett, Somerset County, can produce
about 25,000 MWh of electricity, enough to serve about 2,500 households each
year.? The 130 kW Pennsylvania Wind Energy Project in Hazleton, Luzerne
County, can produce about 200,000 kWh of electricity and will double in size
this fall. But even when additional 130kW turbines are installed, Community
Energy,s &wind block8 sales will have served only about half of the small
commercial customer load that subscribed to its limited &pilot8 marketing
program. These two operating wind farms avoid 123 tons of S02, 12,000? tons
of CO2, and 4,700 tons of  NOx.
?
Two larger wind farms are expected to be operating next year. Atlantic
Renewable and International Wind are developing a 15.6 MW Mill Run wind farm
in  Fayette County, and National Wind Power is developing a facility near
Scranton,  Lackawanna County, which will produce at least 15 MW initially.
Although not all  will be completed by the end of 2001, seven other projects
by five active wind  developers are scheduled to provide an additional 110 MW
of new wind generation  in Pennsylvania during and after 2001. The wind
industry expects that about 200  MW could be built in Pennsylvania within two
to three years. If 100 MW of  additional wind generation replaced system
power, Pennsylvania would avoid 1,250  tons of SO2, 123,000? tons of CO2  and
48,000?tons of NOx.
?
These new wind developments are fueled not just by wind, but by investment
dollars and consumer demand as well. The Pennsylvania Wind Development
Program  recently announced the availability of wind energy production
incentives, for  new facilities that become operational by the end of 2001,
of up to 1.5  cents/kwh for five years. The program, operated for the
Sustainable Development  Fund by The Reinvestment Fund, will receive $12
million from settlement of the  PECO/Unicom merger, which is expected to
become final in November.
?
Construction by the end of 2001 is also important because the federal
Production Tax Credit for new wind development expires at that time, and it
is  unclear if it will be renewed.
?
Production incentives are crucial for wind power, especially in
Pennsylvania, where wind resources tend to peak in both the winter and
during  the late evening hours when the demand for electricity is low. In the
current  market, the estimated average energy value from wind power is only
about 1.5 to  2.0 cents/kWh. The &green attribute8 can fetch about another
2.0 cents/kwh for  total market revenues of around 4.0 cents per
kilowatt-hour.
?
California wind production, on the other hand, generally peaks in the
afternoon when the demand for electricity is high, resulting in average
electric  sales value of approximately 3.0 cents/kWh.
?
By comparison, wind costs about 5.0 cents per kilowatt-hour to produce in
Pennsylvania.? The cost is on the way down, although it could be some time
before it dips as low as the 3.0 cents and less mark in those areas of the
country with the very best wind resources.
?
However, total generation costs of Pennsylvania wind compare favorably to
all-in nuclear generation costs, such as Limerick,s 8.5 cents/kwh and
Susquehanna's near 7.0 cent all-in cost, but still cost about 33% more than
total costs of a new fossil fuel plant. Of course, existing nuclear plants
do  not have to recover the all-in production costs through the market,
because  those costs are subsidized by stranded costs payments. The $12
million of  funding in the Pennsylvania Wind Development Program is a drop in
the bucket  compared to the billions of dollars that subsidize nuclear power
plants.
?
Another challenge to new wind power is that the exploding demand for wind
turbines throughout the world and the rush to build American wind farms by
December 2001 are stressing the capacity of turbine manufacturers to meet
orders. Only five qualified wind manufacturers do business in the U.S. Of
the  five, two are taking no new orders through 2001, while two others have
limited  capacity remaining for additional orders. The leading manufacturers
are  unfortunately not American but European * many are just beginning to
have enough  business in the U.S., and Pennsylvania in particular, to
support? necessary  sales and operating support.
?
If turbines are available to harvest the wind, Pennsylvania,s wind resource
is sufficient for commercial development, but does not generate as much or
as  valuable electricity as in other states. For example, some states may
have Class  5 wind that blows strong and steady during peak electric load
times. The best  sites in Pennsylvania are only Class 4, and the wind often
blows intermittently.  In addition to the lower average price for the
electricity generated at off-peak  times, the resource at a site is crucial
to project finances and requires  detailed assessment. A site generally must
be &metered8 for a full year before  investors will make a commitment to a
project.
?
Although there are no technical barriers to interconnection of wind
generation to the grids in Pennsylvania, the intermittent nature of wind
also  makes interconnection with a system based on predictable generation
more  difficult and less economic. For example, some operating systems still
have  rules that impose substantial penalties for inaccurate scheduling of
generation,  even though the real time balancing markets required under FERC
Order 2000  should eliminate the need for these penalties. The intermittent
nature of wind  makes such rules especially burdensome for wind projects.
?
On the bright side, some of the early problems with wind generation are
successfully being overcome. New wind turbines now purr along quietly
compared  to older technologies. New turbines also turn quite slowly and
developers are  sensitive to the rights of birds to fly. While wind turbines
were once  considered eyesores, the sleek postmodern look is increasingly
found attractive,  especially in comparison to transmission lines, cell
towers, or the strip mining  that often occurred on the same land upon which
the turbines are now being  built.
?
Communities also are welcoming wind projects, not just because problems
related to noise, birds, or view sheds can be minimized, but as important
rural  economic development and supplementary income to farmers. A farmer can
receive  rental income of about $2,700 per year per turbine erected on a tiny
portion of  farmland without significant interference to farming operations.
A 15-turbine  wind farm could add $40,000 in annual income to a hard-pressed
small  farmer.
?
A rural township can also expect a boost in its tax base.  For example, when
the wind farm was built, the Garrett tax base increased about  100%. And,
local construction contracts comprise about 20% of the cost of a new  wind
development, so that a $15 million wind farm generates about $3 million.
Conservation Consultants, Wind Farm USA Project works in farming areas with
the  best wind development potential to help rural communities understand
the  economic as well as environmental benefits of new wind development.
?
Pennsylvania will never have the best wind resources, but the remaining
challenges facing its wind industry can readily be overcome. The federal
Production Tax Credit should be extended for several years, the Pennsylvania
Wind Development Program should be expanded, and system operators should
correct  their rules in order to eliminate unnecessary barriers to the
development of our  burgeoning wind industry.
?
Ultimately, consumer demand may resolve these problems. If consumer demand
is strong enough, the manufacturers, markets, systems operators and others
will  find doing business in Pennsylvania wind to be just another day at the
office,  or should we say, down on the farm.

E-cubed is available for reprint in newspapers and other publications.
Authors are available for print or broadcast.
Support E-cubed by becoming a  member of PennFuture * visit our secure online
membership page at www.pennfuture.org by clicking on &Support  Our Work.8
 - Vol2No19_92700.doc


Your going to be upset but we are playing Desert Inn on Friday.  Saturday TPC Canyons and some course on Sunday Morning.  Corporate jet home on Sunday Afternoon.  Call Me.

Oxley is coming to round out our Foursome.  You and Ox need to sort out rooms.

 -----Original Message-----
From: 	Tycholiz, Barry
Sent:	Monday, April 23, 2001 3:52 PM
To:	Lavorato, John
Subject:	No Subject

Sorry, I was unable to catch up to you on the weekend.  Look forward to hearing about Austin.  My grandmothers prayers are on tues night. I will be home on Weds. around 6;00 and then off to San Fran and L.A. on thurs/ Friday.  What are the plans for the weekend ?  I might need a raise if I am going to Jet around the country like a rock star..

Anything in the markets that I should be aware of ?

Talk to you later.

BT


Sally,

As you are probably aware the Continental Power book split project went well
but there were a number of areas which were not completed for one reason or
another but essentially IT did not deliver according to the agreed timetable.
Todd was instrumental in helping me to drive this forward and was responsible
for much of what we achieved.

As you may also be aware we had some personnel issues and there have been
significant changes in the Continental Risk Management team. We have now
recruited a strong manager in Coralie Evans from CSFB and she starts on the
29th of August. We have also added Michelle Waldhauser from the Houston Gas
Risk Management team who arrived on the 7th of August.

There are a number of issues and developments which would greatly benefit
from having Todd here in London for around a month (I say around a month as I
am guessing within this period he would want to spend some time in Oslo
pushing the weather Risk Management area forward). Attached is a page I put
together that cover our immediate needs and why Todd is ideally placed to
potentially add an enormous amount of value to the Continental Power business.

Could we please get together with Brent Price and Mike Jordan and discuss
whether Todd would be available come over.

Thanks and regards James


Per your request for an update:

 1.  ECT sent its insurance claim letter out to Underwriters' adjusters in
this matter last week.  No reply has yet been received.  We will monitor.

 2.  Mitsubishi has not pushed its demurrage claim of about $260,000.  Our
solicitor, David Best, has had confirmed by our barrister that our time-bar
defense against the demurrage claim is strong.

 3.  We are paying joint testing invoices 100% and submitting them for 50 %
reimbursement to Mitsubishi.  So far, despite its agreement to do so,
Mitsubishi has not reimbursed us at all.  We suspect that if we push this,
Mitsubishi will start threatening to start up with the demurrage claim
again.  At least until we find out what Underwriters' position will be, we do
not suggest pushing Mitsubishi on this.

 I will keep you advised.

 Britt


Hey Lisa,

Long time no hear!  I guess you are too cool for all of us little people now.

Brenda is looking for someone to fill Bryan Hull's spot in risk when he
leaves.  I know that you are looking for a rotation, so I was wondering if
you have an interest.

Let me know.

Eric


did you talk to the person looking for cotton?

To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Re: FYI

you're lightening up.  good deal.


Congrats, thought you were headed to aig.  how long til you get to short
natty again?

slafontaine@globalp.com on 04/04/2001 02:05:52 PM
To: slafontaine@globalp.com
cc:
Subject: moving on

i ve resigned from global today. it is a difficult decision from the stand
point
that I have been very happy in the short time I've been here. I wil still be
in
the energy business doing very much the same as i am doing now. I felt that
the
oportunity which came up was the best thing for my career and family in the
long
term. I look forward to speaking to all of you in the future and I'll contact
you as soon as i get set up in the next couple of weeks.
home phone 508-893-6043
home email oakley2196@aol.com
regards,steve


Gerald,

We have been unofficially informed that the bids are due back on February
9 - I was hoping to be ready one week earlier than that.  I am trying to get
the total package to ENA mid next week.  I have not yet even looked at the
package.  TBI mentioned that mark-ups to the PSA and the gathering agreement
for TBI reserves (you should also have a copy of it from Audrey) would be
considered heavily in the bid evaluation process. Therefore, I would like to
keep the changes to those required and not "cosmetic" or "druthers".  We
will need to review both contracts.  I will try to get the TBI gas gathering
agreement as an electronic file today.

Thx

Ken

-----Original Message-----
From: Gerald.Nemec@enron.com [mailto:Gerald.Nemec@enron.com]
Sent: Tuesday, January 23, 2001 5:35 PM
To: kckrisa@apex2000.net
Subject: Re: Gathering System PSA

What is the time frame? This agreement looks to need significant revisions.

                    "Ken"
                    <kckrisa@apex        To:     "Audrey O'Neil \(E-mail\)"
<Audrey.ONeil@enron.com>, "Gerald R.
                    2000.net>            Nemec \(E-mail\)"
<Gerald.Nemec@enron.com>, "Mark Castiglione \(E-mail\)"
                                         <Mark.Castiglione@enron.com>
                    01/23/2001           cc:
                    03:52 PM             Subject:     Gathering System PSA
                    Please
                    respond to
                    kckrisa

I received the proposed PSA for the Wildhorse acquisition from Petrie
Parkman today.  I have attached for everyone's review.  We are required to
send back to TBI with proposed changes with our proposal.

Mark, would you please forward to those who need to see it besides Audrey
and Gerald.
Thx

Ken Krisa

(See attached file: PSA.DOC)


Start Date: 3/3/01; HourAhead hour: 9;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001030309.txt


----- Forwarded by Jeff Dasovich/NA/Enron on 10/11/2000 06:53 PM -----

	Jeff Dasovich
	09/15/2000 05:49 PM

		 To: Michael Etringer/HOU/ECT@ECT, Paul Kaufman/PDX/ECT@ECT
		 cc:
		 Subject:

Mike:
Here's the memo on PX-based pricing for QFs that we discussed.  If you have
any questions, don't hestitate to get in touch.

Best,
Jeff


_________________________________________________________________

                   I N V E S T I N G  B A S I C S
                     Wednesday, November 29,2000

benjamin.rogers@enron.com
_________________________________________________________________

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ASK THE FOOL

This weekly e-mail offers answers to questions that perplex most
beginning and intermediate investors and throws in an
investing-related lesson, as well. Enjoy!

-- Q.  What do you think of viaticals as investments?

-- A. Viatical settlements have grown in popularity in recent
years. But they're not without risk and they may make some
people uncomfortable.

Viatical settlements are when a terminally ill person sells his
or her life insurance policy to someone else. Imagine John,
stricken with a fatal form of cancer. He's 36 and is expected to
live only three more years. If he needs cash to pay for medical
bills or just to spend and enjoy, he might sell his life
insurance policy to Jane. If it's set to pay $100,000 on his
death, Jane might pay $66,000 for it. That way he gets a lot of
cash now and Jane expects to get the $100,000 in about three
years. At that rate, she'd be earning roughly a 15 percent
annual return.

There are many risks, though. John may hang on for seven years,
significantly reducing Jane's return. Indeed, a cure for his
cancer might be discovered. John may even outlive Jane! It's
true that these settlements can provide a service for sick
people, but they're not necessarily win-win. The middlemen
arranging these settlements take cuts. Also, if John lives, he's
without his life insurance policy and few insurers will want to
insure him, as he's been so sick recently.

We're uneasy about investing in something that has us rooting
for speedy deaths and against medical breakthroughs. Also, there
have been many instances of fraud with viaticals.

-- Q. What does "shrinkage" mean in the business world?

-- A. It refers to the loss of inventory that happens through
usual ways, such as accidental breakage, theft, weather damage,
etc.

Got some questions of your own for the Fool? Head to our Help
area or post your question on the Ask a Foolish Question
discussion board.
http://www.fool.com/m.asp?i=219250
http://www.fool.com/m.asp?i=219251

_________________________________________________________________

INVESTING BASICS - IN THE MARGINS

If you're new to investing, you've probably stared at an income
statement (sometimes called a statement of operations) and
scratched your head, wondering what it's telling you. Let us
help.

First, understand that the income statement summarizes sales and
profits over a period of time. It might cover three months or a
year, for example. It will usually offer information for the
year-ago period as well, so you can compare the two and spot
trends.

Here's a slightly dated but nevertheless interesting example.
Let's look at Eskimo Pie Corp.'s income statement for fiscal
year 1998. At the top, as with every income statement, you'll
find net sales (sometimes called revenues). For Eskimo Pie,
they're $63.5 million.

From now on, as we work down the income statement, various costs
will be subtracted from the revenues, leaving different levels
of profit. The item you'll find just under revenues is "cost of
goods sold" (abbreviated as COGS and sometimes called cost of
sales), which represents the cost of producing the products or
services sold. For Eskimo Pie it's $37.4 million. Subtract the
COGS from revenues, and you'll get a gross profit of $26.1
million.

To find the gross profit margin, simply divide the gross profit
by revenues. $26.1 million divided by $63.5 million yields a
gross margin of 41 percent. (Compare results with industry
peers. For example, at a similar time, gross margin was 35
percent for Ben & Jerry's, which has a somewhat different
business model.)

Next, the remaining costs involved in operating the business,
such as support staff salaries, utility bills and advertising
expenses, are subtracted, leaving the operating profit. Eskimo
Pie's operating profit is $1.8 million. Divide this by revenues,
and you get a slim operating margin of 2.8 percent. This reveals
the profitability of the company's principal business. (Ben &
Jerry's: 4.3 percent.)

Finally, after items such as taxes and interest payments are
accounted for, we come to net income, near the bottom of the
statement. Eskimo Pie's is $0.8 million. Divide that by revenues
and you get a net profit margin of 1.3 percent. (Ben & Jerry's:
3 percent.) The last part of the income statement is where the
company divides its net income by shares outstanding, to arrive
at earnings per share (EPS).

That's it!
_________________________________________________________________

IN THE SPOTLIGHT

-- Learn more about margins and other ways to evaluate companies
   in our How to Value Stocks area.
   http://www.fool.com/m.asp?i=219252

-- Every weekday we feature a "Fribble," usually penned by a
   member of our online community. These are short essays on
   investing and/or life.
   http://www.fool.com/m.asp?i=219253

-- Worried about how you're going to pay for your own or your
   kid's college education? Check out our collection on the topic.
   http://www.fool.com/m.asp?i=219254
_________________________________________________________________

A NOTE FROM THE AUTHOR(

I hope you're finding this product useful. The content
originally appeared as part of our nationally syndicated
newspaper feature (which I also prepare). Consider giving your
local editor a jingle and suggesting that they think about
carrying the Fool.
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Selena Maranjian
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FOOL DIRECT E-MAIL SERVICES
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(c) Copyright 2000, The Motley Fool. All rights reserved. This
material is for personal use only. Republication and
redissemination, including posting to news groups, is expressly
prohibited without the prior written consent of The Motley Fool.

MsgId:
msg-8990-2000-11-29_15-03-54-5423412_5_Plain_MessageAddress.msg-15:12:45(11-29
-2000)
X-Version: mailer-sender-master,v 1.84
X-Version: mailer-sender-daemon,v 1.84
Message-Recipient: benjamin.rogers@enron.com


I have no such studies.

From:	Ann Ballard/ENRON@enronXgate on 05/21/2001 07:27 PM
To:	Jessica Uhl/ENRON@enronXgate, Mitchell Taylor/ENRON@enronXgate, TJ Rylander/ENRON@enronXgate, Rod Hayslett/ENRON@enronXgate, Larry Lawyer/ENRON@enronXgate, James C Lewis/ENRON@enronXgate, Shelia Benke/ENRON@enronXgate, Alan Aronowitz/HOU/ECT@ECT, Michael A Robison/HOU/ECT@ECT, Stanley Horton/Corp/Enron@Enron, James Prentice/ENRON@enronXgate, John L Nowlan/ENRON@enronXgate, Scott Earnest/ENRON@enronXgate
cc:	Cindy Stark/Corp/Enron@ENRON

Subject:	Project Timber

I am preparing the Hart-Scott-Rodino Act filing for Enron Corp. in connection with the sale of the MTBE/Isomerization facility to EOTT Energy Partners, L.P.  I believe that the filing should be made by this Friday, May 25 in order to be sure that the 30 day waiting period will expire before the anticipated closing date of June 29.  Please read the attached memo which requests that each of you look through your files to determine whether or not you possess the types of documents described in the memo.  I would be happy to discuss any questions that you may have regarding whether or not particular documents in your files would be responsive to this request.  Since Enron needs to make this filing by Friday, it is important that you respond to the memo by Thursday, May 24.


---------------------- Forwarded by John Arnold/HOU/ECT on 04/23/2001 12:53
PM ---------------------------

SOblander@carrfut.com on 04/23/2001 10:15:27 AM
To: soblander@carrfut.com
cc:
Subject: option candlesticks

The information contained herein is based on sources that we believe to be
reliable, but we do not represent that it is accurate or complete.  Nothing
contained herein should be considered as an offer to sell or a solicitation
of an offer to buy any financial instruments discussed herein.  Any
opinions expressed herein are solely those of the author.  As such, they
may differ in material respects from those of, or expressed or published by
on behalf of Carr Futures or its officers, directors, employees or
affiliates.  , 2001 Carr Futures

The charts are now available on the web by clicking on the hot link(s)
contained in this email. If for any reason you are unable to receive the
charts via the web, please contact me via email and I will email the charts
to you as attachments.

Option Candlesticks
http://www.carrfut.com/research/Energy1/candlesticks51.pdf

Carr Futures
150 S. Wacker Dr., Suite 1500
Chicago, IL 60606  USA
Tel:  312-368-6149
Fax:  312-368-2281
soblander@carrfut.com
http://www.carrfut.com


Start Date: 1/24/02; HourAhead hour: 12;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002012412.txt


Just sent another email out to all.?I've incorporated all inputs
except for Carolyn's latest edits. Will send out to all by 11AM.

? Jeff.Dasovich@enron.com wrote:

Greetings folks:
Just checking in to see how we're doing and if folks got the files that I
sent last night. Should we try to meet at 5:30 to do a final run through?
I think that we might be the very first presentation (yikes).

Best,
Jeff

Do You Yahoo!?
Yahoo! Auctions - buy the things you want at great prices


Please review the attached report.

Colleen Hood
402-398-7124


---------------------- Forwarded by Phillip K Allen/HOU/ECT on 03/13/2000
01:30 PM ---------------------------

	From:  Phillip K Allen                           03/13/2000 11:31 AM

To: William Kelly/HOU/ECT@ECT, Steve Jackson/HOU/ECT@ECT, Brent A
Price/HOU/ECT@ECT
cc:
Subject: Priority List

Will,

Here is a list of the top items we need to work on to improve the position
and p&l reporting for the west desk.
My underlying goal is to create position managers and p&l reports that
represent all the risk held by the desk
and estimate p&l with great accuracy.

Let's try and schedule a meeting for this Wednesday to go over the items
above.

Phillip


thanks,  i will request same before proceeding!

Debra Perlingiere
Enron North America Corp.
Legal Department
1400 Smith Street, EB 3885
Houston, Texas 77002
dperlin@enron.com
Phone 713-853-7658
Fax  713-646-3490


HEA's annual Sporting Clays Tournament is just around the corner, August 15,
2000 at the American Shooting Centers.  Watch your fax for all the details,
but prepare for the same format as last year with registration starting at
1:30 p.m. (late registration after 2:45 earns 2 shot penalty!) and the action
beginning at 3:30 p.m.  Warm up with the Two-Man Flush at 1:30.  RESERVATION
AND PRE-PAYMENT REQUIRED BY AUGUST 9TH!  A "private drawing" for a new
shotgun will be held for reservations/payments received by August 1, 2000 -
so make your plans now to participate.

 After the competition, dinner will be again in the air conditioned pavilion
with thousands of dollars in door prizes!  Non Shooters pay $40 per person
for dinner, drinks and door prizes.  Luck of the Draw (randomly selected
teams) pay $80 per person - 50 targets, dinner, drinks & door prizes.  Blast
Masters (make your own 4 shooter team) pay $115 per person - 100 targets,
dinner, drinks & door prizes.

 Contributions, corporate sponsors and volunteers are needed.  If interested,
please contact one of our three tournament chairs - Jim Cody (713/230-3550),
Jeff Eatherton (713/230-7286) or Kemp Jones (713/207-5189). Thanks again to
our sponsors from last year. Details will be faxed out and available on our
website Friday (June 16).  Or call Eva Pollard at the HEA office
(713/651-0551) or Jim Cody for more information.

 -----------------------------------------------------------
 This message was sent by:

 Teresa Knight, Executive Director
 Houston Energy Association (HEA)
 Phone: (713) 651-0551
 Fax: (713) 659-6424
 tknight@houstonenergy.org

 If you would like to have your email address removed from our mailing list,
please click the link below to the HEA Home page, where you will find a
mini-form to remove your name automatically.

 http://www.houstonenergy.org/


Susan,

Thank you for your message. I shall be glad to meet with you on May the 4th.
I shall ask my assistant, Shirley Crenshaw (713) 853 5290, to call you to set
up the meeting.

Also, for your information, we have recently set up a special unit to
coordinate Enron's
relationships with the universities. The person running this unit is Christie
Patrick.
Please, feel free to contact her and give my name as a reference. I shall
coordinate the meeting
on May  the 4th with her.

Vince

Additional information re Christie:

Phone :      (713) 853-6117

Email:         christie_patrick@enron.com

"Susan C. Hansen" <susan.hansen@stanford.edu> on 04/03/2001 04:33:54 PM
To: vkamins@enron.com
cc:
Subject: Visit from Stanford?

Dear Dr. Kaminski,

Let me briefly introduce myself, I am the Director of Corporate Relations
for the School of Engineering at Stanford University.  In this role, I am
always on the watch for ways to bring our faculty together with companies
that have an appetite for engagement with top tier research institutions.

I believe you know Hill Huntington, who is a senior researcher with
Stanford's Energy Modeling Forum.  He suggested I get in touch with you for
some ideas about contacts at Enron.  I'm in the process of planning a trip
to Texas in early May along with my colleague Donna Lawrence, the
university's Director of Corporate Relations.  We were hoping to be able to
include a stop at Enron on our itinerary. Right now it appears that Friday,
May 4th would work best for us but we're at the very beginning of our trip
planning.

The purpose of our visit would be to review the current relationship
between Enron and Stanford, to give you an overview of current priorities
in the School of Engineering, and ask for your help in identifying the best
points of contact.

I look forward to hearing from you about your availability,

Sincerely,
Susan Hansen

Susan C. Hansen
Director, Corporate Relations
School of Engineering
Stanford University
Stanford, CA 94305-4027
(650) 725-4219


Had a good talk with Laura Tyson.  She is willing to play a major role in
the project.  I plan to talk to Lee Friedman next; but I think with Laura's
enthusiastic participation, we can make this happen, correct?

David

Jeff.Dasovich@enron.com on 11/28/2000 11:38:14 AM

To:   David_Teece@LECG.com
cc:

Subject:  Hogan/LECG Report on California Market?

Hi David:  Thought that you might be interested.

Best,
Jeff
(See attached file: Economists Mkt pwr not seen in Calif.doc)

(See attached file: Economists Mkt pwr not seen in Calif.doc)

 - Economists Mkt pwr not seen in Calif.doc


As previously indicated, we expect to secure permission from the lenders to
submit our preliminary termination notice PTN to MSEB.  It appears that this
may occur today, but that the strongest likelihood is that we would have the
submission going out on either Saturday morning or even stretching into
Monday or Tuesday of next week.

Attached is the statement we planned to use with the media.  We will keep you
apprised of further developments.

Please let me know if you require additional information.

-John


Kate, I don't know if you've received any response, but new counterparty
requests should be directed to the Global Counterparty group.  In this case,
Sam Schott should be able to help you as he does requests for alpha S-Z.
Bernice Rodriguez is his back up.  I set up Enron entities.

Thanks,

Cheryl x33103

   Kate Symes @ ECT                04/09/2001 02:06 PM

To: Willie Harrell/HOU/ECT@ECT, Kelly Lombardi/NA/Enron@Enron, Rhonda L
Denton/HOU/ECT@ECT, Cheryl Johnson/Corp/Enron@Enron
cc:

Subject: New CTPY Name Request

Because I'm not quite sure who to direct this request to, I'm e-mailing
everyone I think might be involved in entering new counterparty names. One of
our mid-marketers has executed a deal with Sierra Pacific Holding Company,
which is a new counterparty name and needs to be added as a choice in
Enpower. Please let me know if I've contacted the correct people, and if I've
contacted the incorrect people. (Sorry!)

Thanks,
Kate Symes
Trading Support
503-464-7486


The following reports have been waiting for your approval for more than 4 days.  Please review.

Owner: Sheila M Nacey
Report Name: Nacey/October
Days In Mgr. Queue: 4


<<...OLE_Obj...>>   <<...OLE_Obj...>>

Date: May 10, 2001

Dear: enymexSM user

In a previous e-mail we forwarded for your review an enymexSM registration
information package. This consisted of both the enymexSM System User
Agreement and examples of "click-on screens" that users will view and
complete and agree to when they first log on to the enymexSM system. The
enymexSM System User Agreement must be signed and returned to Robert A.
Dagistino, Director of Customer Service, New York Mercantile Exchange, One
North End Avenue, New York, NY 10282.

In addition to the two documents previously sent, enymexSM trading companies
will be required to fill out a single Registration Form.  This form is now
available on the enymexSM website by clicking on to "How Do I Trade?" -
"Getting Started - Registration for enymexSM". We request that you complete
this registration form and submit it either on line or print out a copy and
fax it to:
(1) the clearing company you intend to use for the clearing of enymexSM
trading  and;
(2) the New York Mercantile Exchange, attention Robert  A. Dagistino at
212-301-4555

Any questions can be answered by contacting Robert A.  Dagistino via email
at rdagistino@nymex.com or via telephone at 212-299-2429, or if you wish you
may contact our Customer Service Call Center toll free at 1-866-enymexx
(369-6399) or email to custcare@nymex.com. Thank you.

Sincerely,
Robert A. Dagistino
Director of Customer Service
New York Mercantile Exchange


The TCR II surcharges are only charged on 20747 and 20748, the mainline contracts, not 20835 (it is a SJ contract).

 -----Original Message-----
From: 	Moore, Jan
Sent:	Monday, March 04, 2002 10:55 AM
To:	Doll, Jeanette; McConnell, Mark
Subject:	FW: Conoco Contract Nos. 20747 & 20748

I guess Conoco CR #20835 would also be billed the TCR surchage beginning March, 2002.

Let me know if you agree.

Thanks again!

Jan

 -----Original Message-----
From: 	Moore, Jan
Sent:	Monday, March 04, 2002 10:38 AM
To:	Doll, Jeanette; McConnell, Mark
Cc:	Donoho, Lindy
Subject:	Conoco Contract Nos. 20747 & 20748

Jeanette:

I just reviewed the handout for your presentation on the Global Settlement.  One of your slides stated that the
TCR surcharge is applicable for 10 years from the Global settlement, even if the CFS's contract expires.

Conoco Contract Nos. 20747 & 20748 expired at the end of February.  I assume we should bill the TCR
surcharge for these contracts beginning in March, 2002.  Please let me know if this is correct.

Thanks!

Jan Moore
X53858


Are there any Halloween Byron mask still available?

Aubrielle :)

----- Original Message -----
From: "David and Pam Wooddell" <dcwoody65@yahoo.com>
To: <brcc.yf@topica.com>
Sent: Wednesday, October 24, 2001 7:30 AM
Subject: RE: elders

> Oh yes, way too ugly.  Kinda smells funny to.
>
>
> --- mmaddox <mmaddox@pdq.net> wrote:
> > I think he's too ugly...
> >
> > >===== Original Message From brcc.yf@topica.com
> > =====
> > >yes, way too young
> > >  ----- Original Message -----
> > >  From: Michael Boykin
> > >  To: brcc.yf@topica.com
> > >  Sent: Tuesday, October 23, 2001 6:11 PM
> > >  Subject: elders
> > >
> > >
> > >  With regard to the choice of elders, do you think
> > that Byron is too young
> > for the position?
> > >
> > >  mb
> > >  ------=extPart_000_0024_01C15BEE.1D5A8460--
> > >
> >
> >
> >
> >
>
>
> __________________________________________________
> Do You Yahoo!?
> Make a great connection at Yahoo! Personals.
> http://personals.yahoo.com
>
>
>
>

==================================================================?EASY UNSUBSCRIBE click here: http://topica.com/u/?a84vNF.a9iVHm?Or send an email To: brcc.yf-unsubscribe@topica.com?This email was sent to: dfarmer@enron.com??T O P I C A -- Register now to manage your mail!?http://www.topica.com/partner/tag02/register?==================================================================


Notice # 01-147
May 4, 2001

TO:
All NYMEX and COMEX Members and Member Firms

FROM:
Neal L. Wolkoff, Executive Vice President

RE:
Use of Letters of Credit, Certain Securities and Deliverable Warehouse
Receipts as Margin  for NYMEX and COMEX Transactions

DATE:
May 4, 2001
===========================================================

! Please be advised that the NYMEX Board of Directors has approved changes to
NYMEX and COMEX Clearing Association rules, which have also been filed with
the CFTC, that expand the types of non-cash assets that customers may deposit
with their Clearing Members for margin purposes.

! Specifically, the rule changes, which are attached below, permit the use of
letters of credit, certain securities and deliverable warehouse receipts by
customers to meet their margin requirements. The rule changes provide for
consistent treatment in the use of such assets for both NYMEX and COMEX
Divisions.

! Letters of Credit.  As a result of the rule changes, letters of credit
(LCs) now will be allowed for customer margin on both divisions.

! Use of Letters of Credit on Pass-Through Basis.  In addition, the rule
changes allow letters of credit to be used on a &pass-through8 basis on both
divisions.  In other words, Clearing Members on both divisions will be able
to pledge to the applicable clearinghouse certain LCs posted by customers. It
should be noted that while securities and deliverable warehouse receipts, as
detailed below, may be used by customers for margin purposes, such assets may
not be used on a pass-through basis by a Clearing Member to meet its margin
obligations with the clearinghouse.

! Securities. Customers also will be able to deposit with their Clearing
Members certain types of securities as margin. The types of acceptable
securities are the kinds of securities that have been accepted for some time
on the COMEX Division.  Specifically, the rule changes will permit customers
to deposit the following types of securities as margin with Clearing Members
on either division:

securities listed for trading on the New York Stock Exchange, Inc. or the
American Stock Exchange, Inc., or which are traded in the over-the-counter
market approved for margin by the Board of Governors of the Federal Reserve
Board except that such securities must be free from liens and encumbrances;
can represent no more than 5% of the issued and outstanding shares of any one
issuer; and will be valued for purposes of margin at 75% of their market
value.

! Deliverable Warehouse Receipts. On both divisions, deliverable warehouse
receipts for any of the commodities traded on the Exchange will be accepted
as customer margin provided that such receipts will be valued as margin at no
more than 75% of the value of the commodity.

! Effective Date. These rule changes will go into effect on June 1, 2001.

! Exchange Form for Pass-Through Letters of Credit.  A follow-up Notice to
Clearing Members will be distributed shortly that will include a form
prepared by NYMEX that will serve as the authorized  uniform form for
irrevocable letters of credit for use on a pass-through basis at the Exchange
.

If you have any questions concerning this change, please contact Bernard
Purta, Senior Vice President, Regulatory Affairs and Operations, at (212)
299- 2380; Arthur McCoy, Vice President, Financial Surveillance Section,
NYMEX Compliance Department, at (212) 299-2928; or Joseph Sanguedolce,
Director, Financial Surveillance Section, NYMEX Compliance Department, at
(212) 299-2855,.

AMENDMENTS TO NYMEX RULE 4.01 (&CUSTOMER,S MARGINS8), NYMEX RULE 9.05
(&MARGINS8) AND TO COMEX CLEARING ASSOCIATION RULE 48 (&DEPOSIT OF SECURITIES
AND LETTERS OF CREDIT AS ORIGINAL MARGIN8)

(Asterisks indicate additions; brackets indicate deletions.)

Rule 4.01. CUSTOMER'S MARGINS

(A) Initial margin at least equal to the level set for customers shall be
required of all customers. In no case shall a customer's initial margin be
less than a specified amount per contract, or a specified percentage of the
market value at which any commodity is bought or sold, such customer's margin
to be determined and announced by the Board of Directors or its designee.

 (B) Once the required initial margin has been deposited for each individual
transaction, such trade and such margin shall, for the purposes of this rule,
lose their individual identity and be commingled with all other trades and
margins in the same commodity for the same customer account.

 (C) When the margin (Net Liquidating Value plus Non-Cash Deposits) in a
customer's account declines below the maintenance margin requirement
applicable to the open positions carried in such account, the Member Firm
carrying said account is required to collect (call) from the customer such
funds, which when deposited, will restore it to the then prevailing initial
margin requirement.

 (D) A Member Firm shall not accept orders for new trades on behalf of an
undermargined customer account other than those which reduce its initial
margin requirement unless such Member Firm has been given assurances by said
customer that funds sufficient to restore the account to its then prevailing
initial margin requirement are forthcoming and will be received in a
reasonable amount of time not to exceed one business day for Floor Members
and three business days for all other customers.

(E)(1) A Member Firm may accept deposits from its customers in one or more of
the following forms as margin to cover open NYMEX Division positions:

 (a) United States Currency; or any currency freely convertible to United
States currency; provided that if foreign currency is deposited, its value
shall be calculated so that at the current rate of exchange the U.S. dollar
equivalent of the foreign currency satisfies the customer's margin obligation.

 (b) securities issued by the Department of the Treasury of the United States
maturing within ten (10) years of the date of the deposit and guaranteed as
to principal and interest by the United States Government. Such securities
shall be valued at ninety five percent (95%) of par value.

*(c) securities which are listed for trading on the New York Stock Exchange,
Inc. or the American Stock Exchange, Inc., or which are traded in the
over-the-counter market approved for margin by the Board of Governors of the
Federal Reserve Board provided that such securities; (i) are free from liens
and encumbrances; (ii) represent no more than 5% of the issued and
outstanding shares of any one issuer; and (iii) are valued at 75% of the
market value thereof;

(d) a letter of credit in favor of a clearing member carrying an account, or
in the case of any letter or credit to be used on a pass-through basis with
the Clearing House a letter of credit in favor of the Exchange.  All letters
of credit shall be issued in such form as may be prescribed by the Exchange
and by a depository which has been approved by the Exchange for issuance and
confirmation of letters of credit drawn in favor of the Clearing Members or
in favor of the Exchange, as applicable.

(e) deliverable warehouse receipts for commodities traded on the Exchange
provided that such receipts will be valued as margin at no more than 75% of
the value of the commodity.*

[(c)] *(f)* The net liquidating value in a customer's account over the
initial margin requirements for the positions carried for such account.

(2) A Member Firm may accept deposits from its customers in one or more of
the following forms as margin to cover open COMEX Division positions:

(a) United States currency, checks payable in United States currency, or
currency freely convertible to United States currency; provided that if
foreign currency is deposited, its value shall be calculated so that at the
current rate of exchange the U.S. dollar equivalent of the foreign currency
satisfies the customer's margin obligations;

(b) the net liquidating value in a customer's account over the initial margin
requirements for the positions carried for such account;

(c) securities issued or guaranteed by the United States, provided that such
securities shall be valued at the lower of the par or market value thereof;

(d) securities which are listed for trading on the New York Stock Exchange,
Inc. or the American Stock Exchange, Inc., or which are traded in the
over-the-counter market approved for margin by the Board of Governors of the
Federal Reserve Board provided that such securities; (i) are free from liens
and encumbrances; (ii) represent no more than 5% of the issued and
outstanding shares of any one issuer; and (iii) are valued at 75% of the
market value thereof;

(e) *deliverable* warehouse receipts *for commodities traded on the Exchange
provided that such receipts will be valued as margin at no more than 75% of
the value of the commodity*; [provided that such warehouse receipts shall be
valued in accordance with the following:

(i) if the warehouse receipt is for a deliverable grade of the commodity
underlying either the futures contract sold or the futures contract which is
the subject of the call options sold, not more than 90% of the value of the
commodity may be considered as margin; and;

(ii) if the warehouse receipt is for a deliverable grade of the futures
contract purchased or the put options sold, not more than 75% of the value of
the commodity may be considered as margin; and;

(iii) if the warehouse receipt is for either: (A) deliverable grade of a
commodity other than the commodity underlying the futures contract or option
to be margined; or (B) a form of silver or gold not deliverable under a
futures contract, then not more than 75% of the value of the warehouse
receipt may be considered as margin.]

(f) physical commodities (but not forward contracts therefor) if the carrying
member is in possession and control of negotiable documents covering such
commodities, provided, however, that the value of such commodities shall be
based upon the contract market price for the grade of such commodity or if
the commodity is not of a grade deliverable on a contract market, then at the
price for the grade of such commodity on the spot market;

(g) a letter of credit in favor of a clearing member carrying an account*, or
in the case of any letter or credit to be used on a pass-through basis with
the Clearing House a letter of credit in favor of the Exchange.  All letters
of credit shall be* issued in such form as may be prescribed by the Exchange
and by a depository which has been approved by the Exchange for issuance and
confirmation of letters of credit drawn in favor of the Clearing Members *or
in favor of the Exchange, as applicable.*

 (3) Calls issued by Member Firms for additional margin from customers may
only be met by: deposits conforming to the requirements of Rule 4.01(E)(1)
for open NYMEX Division positions, or conforming to the requirements of Rule
4.01(E)(2) for open COMEX Division positions, or, for open positions on
either division of the Exchange, favorable market movements which, when taken
into consideration and combined with any other monies available, enable the
customer's margin to equal or exceed the then prevailing initial margin
requirement.

 (F) Withdrawals of margin from a customer's account may only be permitted by
a Member Firm carrying such account if the remaining funds in such account
are equal to or in excess of the then prevailing initial margin required of
the applicable open positions at the time of said withdrawal request.

(G) The customer's response to a margin call issued by a Member Firm must be
timely and complete. A Member Firm may call, at any time, for margins above
and beyond the minimums required by the Exchange. A Member Firm may liquidate
any or all positions maintained by a customer for failure to meet a margin
call. The customer will be liable for any loss or deficiency resulting
therefrom.

 (H) The margin requirements established by the Board or its designee may
vary for different commodities and may be changed from time to time by the
Board or its designee, and in the discretion of the Board or its designee,
may be made applicable to all open trades as well as new trades.

 (I) Arbitrage

(1) For the purposes of Exchange margin requirements, an arbitrage position
is a purchase or sale of an Exchange futures contract in one delivery month
which futures contract is offset by a futures contract to sell or to purchase
a similar quantity of a related commodity in the same or different delivery
month which offsetting futures contract is executed on or subject to the
rules of a different exchange. In order to qualify as an arbitrage position,
each contract long and short must be carried by the same member firm for the
same account.

(2) The Board of Directors, by resolution, may identify those futures
contracts, that are executable on and/or subject to the rules of a different
exchange, which shall be deemed to qualify as part of an arbitrage position.

(3) The Board of Directors or its designee may set levels of margin for
arbitrage positions at a rate less than applicable to outright positions;
provided, however, that except for interdivision straddles, no such rate
shall be lower than the rates established for clearing members' margins.

Rule 9.05. MARGINS

* * * *
(E) Clearing Members may meet original margin calls by depositing:

(1) Cash (U.S. Currency);

(2) Original Margin Certificates issued by an original margin depository, in
form acceptable to the Clearing House, for delivery to the order of the
Clearing House, representing securities issued by the Department of Treasury
of the United States of America maturing within ten (10) years from the date
of the deposit and guaranteed as to principal and interest by the United
States Government; such securities shall be valued at ninety five percent
(95%) of the par value; or

(3) Subject to a maximum limit of 50% of the Clearing Member's total original
margin obligations, Irrevocable Letters of Credit payable to the order of the
Clearing House *including such Letters of Credit that are deposited with the
Clearing Member in accordance with Exchange procedures by a customer*, in
form acceptable to the Clearing House, issued by or confirmed by an original
margin depository and having an expiration date of not less than three (3) or
more than eighteen (18) months from the date of issuance; provided, however,
that such Letter of Credit may not be used to meet original margin
obligations during the fifteen calendar days prior to the expiration date
thereof (if the fifteenth day prior to the expiration of the Letter of Credit
is not a business day, the period during which such Letter of Credit may not
be used to meet original margin obligations shall begin on the business day
immediately preceding that day); and, provided further, that on the business
d!
ay!
 preceding the fifteenth calendar day prior to the expiration of the Letter
of Credit, the Clearing House shall issue a call for original margin to be
deposited in a form and manner acceptable to the Clearing House for positions
held open as of the close of business on that day and margined by the Letter
of Credit. The Clearing House shall have the unqualified right to call on any
Letter of Credit at any time prior to expiration.

CCA Rule 48. DEPOSIT OF SECURITIES AND LETTERS OF CREDIT A ORIGINAL MARGIN

* * * *
(b) Irrevocable Letters of Credit.

(i) The Corporation will accept as original margin for the full face amount
thereof a letter of credit in favor of the Corporation issued by any
institution selected by the depositor *including such Letters of Credit in
favor of the Corporation that are deposited with the Clearing Member in
accordance with Exchange procedures by a customer*, provided that

(A) such  institution has been approved by the Board as an approved
depository or such institution is organized under the laws of the United
States or the laws of any state and the letter of credit issued by such
institution has been confirmed by an approved depository;
(B) that the aggregate amount of letters of credit which may be accepted at
any time from any one approved depository, or for the account of any one
Clearing Member may be limited by the Board from time to time;
(C) that a letter of credit issued on behalf of a Clearing Member by an
institution which is an affiliated firm of such Clearing Member must be
confirmed by an institution which is not an affiliated firm of such Clearing
Member; and
(D) such letter of credit shall be in form and substance approved by the
Board and shall be in such denominations as may be determined by the Board
from time to time; shall be irrevocable, shall be available to be drawn upon
by the Corporation by  a clean sight draft(s) or written demand(s) and shall
run for a period of not less than ninety (90) days from the date of issue.

__________________________________________________
Please click on the link below to indicate you have received this
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Note: If you click on the above line and nothing happens, please copy
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Yep.  Went to Dad's on Sat, left Mon before lunch.  Took my woman and went to
Jerry's on July 4th.  Had a good time.  He does a good job cooking on his BBQ
pit.  I was very tired on Wed though.

"Germany, Mary/COR" <mgermany@CH2M.com> on 07/07/2000 12:22:11 PM
To: "'Chris.Germany@enron.com'" <Chris.Germany@enron.com>
cc:
Subject: RE: THINK TWICE BEFORE YOU STOP FOR THE CALL OF NATURE!!!!

You do that.  Did you have a nice 4th?

Mary Germany, Manager
Accounts Payable
Payroll
Accounting Support
(303) 713-2151
fax (303) 846-2151
email - mgermany@ch2m.com

-----Original Message-----
From: Chris.Germany@enron.com [mailto:Chris.Germany@enron.com]
Sent: July 07, 2000 11:21 AM
To: Germany, Mary/COR
Subject: RE: THINK TWICE BEFORE YOU STOP FOR THE CALL OF NATURE!!!!

Not a problem.  She can stuff the little sucker if I get all the other
stuff.  I'll start working on that 50 lbs right after I finish this cookie.

"Germany, Mary/COR" <mgermany@CH2M.com> on 07/07/2000 12:19:49 PM

To:   "'Chris.Germany@enron.com'" <Chris.Germany@enron.com>
cc:
Subject:  RE: THINK TWICE BEFORE YOU STOP FOR THE CALL OF NATURE!!!!

I try and negotiate that for you.  Also, I think you need to think about
sharing custody of your son since you will be so close.

Mary Germany, Manager
Accounts Payable
Payroll
Accounting Support
(303) 713-2151
fax (303) 846-2151
email - mgermany@ch2m.com

-----Original Message-----
From: Chris.Germany@enron.com [mailto:Chris.Germany@enron.com]
Sent: July 07, 2000 11:18 AM
To: Germany, Mary/COR
Subject: RE: THINK TWICE BEFORE YOU STOP FOR THE CALL OF NATURE!!!!

Not hardly.  Will she buy me some toys - a motorcycle, let me get my flying
licenses, and a cheaper 4 wheel drive vehicle?  I will also need to travel
back to Texas once a quarter to vist my family.

"Germany, Mary/COR" <mgermany@CH2M.com> on 07/07/2000 12:15:23 PM

To:   "'Chris.Germany@enron.com'" <Chris.Germany@enron.com>
cc:
Subject:  RE: THINK TWICE BEFORE YOU STOP FOR THE CALL OF NATURE!!!!

Hey I think that if you loose 50 lbs, I can make it happen for you.  But
you
might have to move to Denver.  Is that a problem?

Mary Germany, Manager
Accounts Payable
Payroll
Accounting Support
(303) 713-2151
fax (303) 846-2151
email - mgermany@ch2m.com

-----Original Message-----
From: Chris.Germany@enron.com [mailto:Chris.Germany@enron.com]
Sent: July 07, 2000 11:14 AM
To: Germany, Mary/COR
Subject: RE: THINK TWICE BEFORE YOU STOP FOR THE CALL OF NATURE!!!!

How's that going anyway?  I forgot I had a marriage "arrangement" in the
works!

"Germany, Mary/COR" <mgermany@CH2M.com> on 07/07/2000 11:18:47 AM

To:   "'Chris.Germany@enron.com'" <Chris.Germany@enron.com>
cc:
Subject:  RE: THINK TWICE BEFORE YOU STOP FOR THE CALL OF NATURE!!!!

Hey I was working on the proposal to Catherine.  I had dinner with her last
night.  I can't do everything at once you know.

Mary Germany, Manager
Accounts Payable
Payroll
Accounting Support
(303) 713-2151
fax (303) 846-2151
email - mgermany@ch2m.com

-----Original Message-----
From: Chris.Germany@enron.com [mailto:Chris.Germany@enron.com]
Sent: July 07, 2000 10:18 AM
To: Germany, Mary/COR
Subject: Re: THINK TWICE BEFORE YOU STOP FOR THE CALL OF NATURE!!!!

What about my camera info?????


Keith has your email.  He will send you the data.  His number  is x37069.
Feel free to call him right now if you want to.

Thanks,
Mike


I looked into the proposed tax cut by George W. Bush.  On his website he
proposes a $460 billion tax cut over five years.
 The $213 billion "energy tax" imposed  from 1999 to 2001 by higher energy
prices, is roughly half of Bush's proposed tax cut.

Maureen


calendar and meeting file
----- Forwarded by Steven J Kean/NA/Enron on 02/07/2001 07:49 AM -----

	Ricardo Charvel
	02/05/2001 04:16 PM

		 To: Steven J Kean/NA/Enron@Enron
		 cc:
		 Subject: Mexican Energy Secretary Marten's meeting with Dr. Lay

----- Forwarded by Ricardo Charvel/NA/Enron on 02/05/2001 04:16 PM -----

	Ricardo Charvel
	02/05/2001 04:15 PM

		 To: richard shapiro
		 cc: Steve Kean
		 Subject: Mexican Energy Secretary Marten's meeting with Dr. Lay

Rick,

As you know, last week I had a meeting with Fernando Alonso who is the head
of Investment Promotion at the Mexican Department of Energy.  We discussed
the gas price policy, electric deregulation and the role that Enron has been
playing and can play in all these matters.

I pointed to him that Presidents Bush and Fox were geting together on
February 16th and that President Fox has been declaring to the media that he
will talk about a common energy policy with President Bush.

We agreed that it would be useful for Secretary Martens to Meet with Dr. Lay
before the Presidents meet.  Fernando Alonso admitted to me today that
Secretary Martens wanted to hear Mr. Lays opinion on this subject and perhaps
recieve some advice with respect to talking points for President Fox with
President Bush regarding energy policy.

Secretary  Marten's  team(and now the Secretary himself) view Mr. Lay as an
ideal communication link between the Mexican and the U.S. Governments for
energy policy.  This is the reason why the Secretary wants to meet with Mr.
Lay before the 16th.  Originally they had agreed on meeting on Feb. 12th at
9:00 a.m. Nevertheless, President Fox has asked that Secretary Martens to
meet him in Mexico City on Monday the 12th which is why I got a call from
Fernando Alonso asking if Mr. Lay could see Secretary Martens on Sunday the
11th between 3:00 p.m. and 6:30 p.m.

Secretary Martens has to be at a CERA dinner on Sunday at 7:00 p.m.

Fernando Alonso, Dionisio Perez-Jacome, Undersecretary Niceforo Guerrero and
myself will be meeting tomorrow at 10:00 a.m. to talk about electric
deregulation.  They are expecting an answer from me by then.

Dionisio Perez-Jacome president of the CRE (FERC equivalent) is going to be
in Houston on Monday the 12th.  I would like you and Steve Kean to meet with
him if you are going to be in town.  I would also like to organize a tour for
him that day.  We'll talk about this tomorrow night when I see you.

Thanks for your support.

Ricardo