----- Forwarded by Sarah Novosel/Corp/Enron on 12/29/2000 08:58 AM -----

	"Jackie Gallagher" <JGallagher@epsa.org>
	12/21/2000 05:01 PM

		 To: <bhawkin@enron.com>, <bmerola@enron.com>, <christi.l.nicolay@enron.com>,
<donna.fulton@enron.com>, <janelle.scheuer@enron.com>,
<jeff_brown@enron.com>, <jhartso@enron.com>, <Mary.Hain@enron.com>,
<sarah.novosel@enron.com>, <tom.hoatson@enron.com>
		 cc:
		 Subject: Possible EPSA Response to FERC's December 15th Order

MEMORANDUM

TO: Regulatory Affairs Committee
       Power Marketers Working Group

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

DATE: December 21, 2000

RE: Possible EPSA Response to FERC's December 15th Order
      Directing Remedies for California Wholesale Electric
      Markets
      ? Conference Call Scheduled for Wednesday, January 3rd
        at 2:00 p.m. (EST)

On December 15th, FERC issued an Order Directing Remedies for California
Wholesale Electric Markets.  The Order retains many features of the
Commission's November 1st order outlining proposed remedies for the
California markets.  However, there are several aspects of this Order which
vary from the earlier proposal.  EPSA has previously forwarded FERC's press
release outlining the major features of the Order, along with a brief memo
highlighting the $74 benchmark for finding forward contracts prudent and the
January 2nd filing requirement for forward contract offers.

We need to consider whether EPSA should seek rehearing or clarification of
any aspect of this Order.  Filings would be due at FERC no later than January
15th.  Based on a review of the order, there are limited issues on which EPSA
might seek rehearing, included the continued finding that the rates in
California were unjust and unreasonable and the removal of opportunity costs
as a basis for justifying prices above the $150 benchmark.  We will discuss
these issues on our next weekly conference call, which is scheduled for
Wednesday, January 3rd at 2:00 p.m. (EST).  If you have additional issues you
want EPSA to raise, please forward them to Julie Simon at 202-789-7200 or at
jsimon@epsa.org before the call.  To access the call, dial 1-800-937-6563 and
ask for the Julie Simon/EPSA Call.

December 15th Order

Finding that the "electric power situation in California has worsened since
the November 1 order was issued," the December 15th Order retained many of
the proposals contained in its November 1st order, as well as new remedial
measures.  Briefly summarized, the order includes the following measures:

? Elimination of the requirement that California utilities buy and sell power
through the Power Exchange (PX).  This modification to the California market
structure returns the 25,000 MWs of generation owned by the IOUs to the rate
jurisdiction of the California PUC.  FERC also urges the California PUC to
release the IOUs from their obligation to purchase from the PX.  The PX's
current rate schedules are terminated as of April 30, 2001.  This new ability
of the IOUs to self-schedule is intended to be the primary mitigation
measures to dampen prices in California.

? A benchmark price for wholesale bilateral contracts, set at $74/MWh for
five-year, round-the-clock arrangements.  The Commission hopes that
establishing a level at which purchases can be deemed prudent will encourage
the California PUC to do likewise.  The $74 benchmark was derived from the
pre-restructuring, average embedded cost of generation in California. To
corroborate the benchmark, and make adjustments as necessary, the Commission
directed all sellers with market-based rate authority to report, no later
than January 2, 2001, on a confidential basis, round-the-clock long-term
products in annual increments between two and five years which they are
willing to offer in California.  These informational reports should include
price, terms and conditions, and amounts.  This information can also be
reported on a non-confidential basis.

? Addition of a penalty for scheduling imbalances of more than five percent
in the real-time energy market.

? Market monitoring and price mitigation for the residual real-time market,
including modifications to the single price auction that preclude bids over
$150/MWh from setting the market clearing price.  The November 1st Order had
proposed this remedy for a two-year period, which has been shortened to four
months in this Order.  The Commission will convene a technical conference, no
later than January 25th, to develop a "comprehensive and systematic
monitoring and mitigation program which incorporates thresholds and screens
and specific mitigation measures if those thresholds and screens are
breached."  A proposed plan is due by March 1, 2001 so that it can be in
place by May 1, 2001.   An important modification to the November 1st
proposal, suggested by EPSA, is that the review period for sales over $150
will be limited to 60 days.

? Imposed a reporting requirement on the ISO and PX and jurisdictional
sellers on sales over the $150/MWh "breakpoint."

? Elimination of the stakeholder boards of the ISO in favor of independent
boards.  The directive for replacing ISO board has been modified to requiring
the current governing board to relinquish decision-making power and operating
control to the ISO management on January 29, 2001, although the governing
board can continue to function as an advisory board.  The issue will be
addressed and resolved in the context of the anticipated January 15th RTO
filing.

? Requiring the ISO and the three IOUs to develop and file generation
interconnection procedures.

Much of the Order is focused on eliminating the PX mandatory buy-sell
requirement and incenting more forward contracting, with the goal of
shrinking the real-time market to the extent possible.  The Commission stated:

We cannot emphasize enough that the California Commission must act decisively
and immediately to eliminate the requirement for the IOUs to buy the balance
of their load from PX.  This is the most serious flaw in the market design
created by AB1890 and the California Commission's implementing orders.
Continued delay in making this fundamental change places all other aspects of
our remedial plan at risk, and prolongs the dysfunction of this market.  In
addition it is critical that the California Commission move quickly to
provide the IOUs with approval of their forward purchases.  The specter of
after-the-fact disallowance for transactions other than PX purchases has
certainly chilled the decision-making process and continues to subject
California's ratepayers to the volatility of spot prices.  California is in a
state of economic emergency, and there is little chance that the IOUs will
rise to the task if they are not afforded certainty.

The Commission went on:

Some parties to this proceeding argue that the prices in the forward markets
will be affected by last summer's spiraling spot prices and should therefore
be deemed unreasonable.  We do not agree.  Sellers will certainly be aware
that supplies of power are tight and that the IOUs are now aggressively
seeking to avoid the exposure of the spot markets.  Under these
circumstances, . . . , we will be vigilant in monitoring the possible
exercise of market power.  However, suppliers also benefit from the stable
revenue stream of forward markets and have every bit as much incentive to
avoid the volatility of spot markets as do purchasers.  Moreover, suppliers
will bargain knowing that the spot market's size will be greatly reduced and
that next summer's spot prices will therefore not be fueled by frenzied
buyers whose over-reliance on last minute purchases have forced them to bid
up the prices to obtain needed supply.

On the issue of the $150 "breakpoint," the Commission pointed out that it is
intended to be a "safety net" for a vastly reduced spot market.  The
Commission emphasized that "by design and definition, spot markets must be
allowed to reflect the price swings which capture their temporal nature."
Since spot market prices are subject to dramatic drops in times of surplus,
and increases in times of shortage, "those who remain in the spot market for
buying their residual load or selling their residual supply should be there
in full recognition of the effects on price of last minute sales and
purchases."

In discussing plans for careful market monitoring and review of sales over
the breakpoint, the Commission announced plans to look at outage rates for
the seller's resources, failure to bid unsold megawatts into the real-time
market, and variations in bidding patterns.  The order recognizes that
sellers may bid above their marginal costs in times of scarcity, but does not
expressly include the concept of opportunity costs, which were included in
the November 1st Order.  On an issue that EPSA raised, the Commission
concluded that the review of as-bid transactions will close within 60 days
after the report is filed with FERC.  Unless notified by the Commission or
its staff, transactions will be considered final and not subject to
mitigation or other refund liability after the 60-day period.

In response to requests to revise or clarify the finding in the November 1st
order that the flawed market rules in California "have caused, and continue
to have the potential to cause, unjust and unreasonable rates for short-term
energy," the Commission clarified that the November 1st order "did not find
that all rates, at all times, were unjust and unreasonable in these spot
markets."  The Commission points out that:

We have been faced in this case with the difficult question of what makes a
market-based rate unjust and unreasonable.  There is no precise legal
formulation for setting a just and reasonable rate and no precise bright line
for when a rate becomes unjust and unreasonable. Under long-standing Supreme
Court case law, rates must fall within a zone of reasonableness where the
rates are neither so low as to be "less than compensatory" nor so high as to
be "excessive" to consumers.  While high prices in and of themselves do not
make a rate unjust and unreasonable (because, for instance, underlying
production prices may be high), if over time rates do not behave as expected
in a competitive market, the Commission must step in to correct the situation.

The Commission goes on to conclude that it has no evidence of specific abuses
of market power.  However, other circumstances, such as over reliance of spot
markets and a supply and demand imbalance, can lead to rates being excessive
relative to the benchmark of producer costs or competitive market prices and
a finding that prices are not just and reasonable.  In other words, even in
the absence of market power abuses, prices are not necessarily just and
reasonable.

Possible Area for Comment

Overall, the December 15th Order is consistent with the comments filed by
EPSA in response to the November 1st Order.  The Order largely strikes a
reasonable balance between principles and political practicality, with the
Commission bending very little in response to intense political pressure from
California.  Specifically, the Order does not find abuse of market power,
order refunds, or impose California or regional price caps.  However, there
are two issues that remain troubling:

1. The Commission reiterates its earlier conclusion that rates were not just
and reasonable under certain circumstances in California.  While we argued
strenuously against this conclusion in our November 22nd comments and the
Commission "clarified" its early findings in this Order, the implications of
this conclusion continue to have significant adverse political
ramifications.  Without merely repeating our early arguments, we should
consider taking another run at this issue.

2. The November 1st Order expressly provided for opportunity cost as a
justification for prices above the $150 breakpoint.  The reference to
opportunity costs has been deleted from this Order, apparently based on a
belief that opportunity costs don't exist in real-time.  If we can make a
credible case that sellers can sell out of California into other Western
markets in a real-time or next-hour market, we may want to ask the Commission
to reconsider allowing opportunity costs as a justification for prices over
the $150 breakpoint.


Hello, Rosie!   Stan has this on his calendar and will attend.

Have a great weekend,
Cindy

Rosalee Fleming on 12/01/2000 02:56:08 PM
To: James M Bannantine/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Cliff
Baxter/HOU/ECT@ECT, Sanjay Bhatnagar/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Jeremy Blachman/HOU/EES@EES, Philippe A Bibi/HOU/ECT@ECT, Raymond
Bowen/HOU/ECT@ECT, Michael R Brown/LON/ECT@ECT, Harold G
Buchanan/HOU/EES@EES, Rick Buy/HOU/ECT@ECT, Richard Causey/Corp/Enron@ENRON,
Diomedes Christodoulou/SA/Enron@Enron, Wade
Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, David Cox/Enron
Communications@Enron Communications, David W Delainey/HOU/ECT@ECT, James
Derrick/Corp/Enron@ENRON, Steve Elliott/Enron Communications@Enron
Communications, Jim Fallon/Enron Communications@Enron Communications, Andrew
S Fastow/HOU/ECT@ECT, Mark Frevert/NA/Enron@Enron, Ben F Glisan/HOU/ECT@ECT,
Kevin Hannon/Enron Communications@Enron Communications, David
Haug/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rod Hayslett/FGT/Enron@ENRON,
Stanley Horton/Corp/Enron@Enron, James A
Hughes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Larry L
Izzo/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Steven J Kean/NA/Enron@Enron,
Louise Kitchen/HOU/ECT@ECT, Mark Koenig/Corp/Enron@ENRON, Kenneth
Lay/Corp/Enron@ENRON, John J Lavorato/Corp/Enron@Enron, Dan Leff/HOU/EES@EES,
Danny McCarty/ET&S/Enron@Enron, Mike McConnell/HOU/ECT@ECT, Rebecca
McDonald/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jeffrey McMahon/HOU/ECT@ECT,
Mark Metts/NA/Enron@Enron, Mark S Muller/HOU/EES@EES, Cindy
Olson/Corp/Enron@ENRON, Lou L Pai/HOU/EES@EES, Ken Rice/Enron
Communications@Enron Communications, Matthew Scrimshaw/LON/ECT@ECT, Jeffrey A
Shankman/HOU/ECT@ECT, Jeffrey Sherrick/Corp/Enron@ENRON, John
Sherriff/LON/ECT@ECT, Jeff Skilling/Corp/Enron@ENRON, Marty
Sunde/HOU/EES@EES, Greg Whalley/HOU/ECT@ECT, Thomas E White/HOU/EES@EES, G G
Garcia/NA/Enron@Enron, Marcia Manarin/SA/Enron@Enron, Susan
Skarness/HOU/ECT@ECT, Stacy Guidroz/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Beena Pradhan/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Karen K
Heathman/HOU/ECT@ECT, Sharron Westbrook/Corp/Enron@ENRON, Kay
Chapman/HOU/ECT@ECT, Molly Bobrow/NA/Enron@Enron, Rosane
Fabozzi/SA/Enron@Enron, Stephanie Harris/Corp/Enron@ENRON, Bridget
Maronge/HOU/ECT@ECT, Nicki Daw/NA/Enron@Enron, Inez Dauterive/HOU/ECT@ECT,
Carol Ann Brown/Enron Communications@Enron Communications, Elaine
Rodriguez/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Cindy Stark/Corp/Enron@ENRON,
Mary E Garza/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Maureen
McVicker/NA/Enron@Enron, Joannie Williamson/Corp/Enron@ENRON, Vanessa
Groscrand/Corp/Enron@ENRON, Suzanne Danz/Corp/Enron@ENRON, Tori L
Wells/HOU/ECT@ECT, Cathy Phillips/HOU/ECT@ECT, Loretta
Brelsford/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sue Ford/HOU/ECT@ECT, Dolores
Fisher/NA/Enron@Enron, Kathy McMahon/Enron Communications@Enron
Communications, Karen Owens/HOU/EES@EES, Dorothy Dalton/Enron
Communications@Enron Communications, Mercedes Estrada/Enron
Communications@Enron Communications, Christina Grow/Corp/Enron@ENRON, Lauren
Urquhart/LON/ECT@ECT, Sherri Sera/Corp/Enron@ENRON, Katherine
Brown/Corp/Enron@ENRON, Liz M Taylor/HOU/ECT@ECT, Judy G Smith/HOU/EES@EES,
Peggy McCurley/HOU/ECT@ECT, Marsha Schiller/HOU/ECT@ECT, Fiona
Stewart/LON/ECT@ECT, Jana L Paxton/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Connie Blackwood/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Tammie
Schoppe/HOU/ECT@ECT, Kimberly Hillis/HOU/ECT@ect, Jennifer Burns/HOU/ECT@ECT,
Sharon Dick/HOU/EES@EES, Beverly Aden/HOU/EES@EES, Kathy Dodgen/HOU/EES@EES,
Kerry Ferrari/LON/ECT@ECT, Carol Moffett/HOU/EES@EES, Jennifer Adams/Enron
Communications@Enron Communications, Leah Rijo/Enron Communications@Enron
Communications, Lucy Marshall/Enron Communications@Enron Communications,
Kathy Campos/GPGFIN/Enron@ENRON, Julie Armstrong/Corp/Enron@ENRON, Kathryn
Greer/HOU/EES@EES, Mrudula Gadade/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Brenda
Castillo/NA/Enron@Enron
cc:

Subject: The Enron Corporate Policy Committee Retreat

Ken and Jeff have decided that the Enron Executive Committee Retreat will
include only the Corporate Policy Committee this year.  (See list of members
below.)  You may be holding the timeframe of January 16-18, 2001 on your
calendar, which you can now free up if you are not on the committee.

The location of the retreat is under consideration.  When a decision is made,
we will get the information to the members of the Corporate Policy
Committee.  Departure for the retreat will be early afternoon on Tuesday,
January 16 with return to Houston late afternoon on Thursday, January 18.

Please don't hesitate to call me if you have any questions at 713-853-6088.

Rosie

Enron Policy Committee

Baxter, Cliff
Causey, Rick
Derrick, Jim
Fastow, Andy
Frevert, Mark
Hannon, Kevin
Horton, Stan
Kean, Steve
Lay, Ken
Pai, Lou
Rice, Ken
Skilling, Jeff
Whalley, Greg


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/23/2001
06:24 PM ---------------------------

	Enron North America Corp.

	From:  Kathie Grabstald                           03/23/2001 03:55 PM

To: Vince J Kaminski/HOU/ECT@ECT, Mike A Roberts/HOU/ECT@ECT, Osman
Sezgen/HOU/EES@EES
cc: Shirley Crenshaw/HOU/ECT@ECT
Subject: ENSIDE Draft

Good Afternoon!

Attached, please find the combined interview notes for the first draft of the
article for the ENSIDE Newsletter. Read and review your sections - they are
divided by color. Vince, please check 'everything' for content and accuracy.
Feel free to make corrections and delete anything as you see fit.

Please make changes and then send back to me.  I need it by Wednesday, April
4,  if possible.

Call me if you have any questions!
Kathie Grabstald
EWS Public Relations
x 3-9610

P.S. I am looking forward to the photo shoot on Friday, March 30 at 2:30 PM.
I will meet you all in front of the building at the big E !


Hey Team.  I need the following services set up on National Fuel.

IAS  <== we just created k# A02353
ISS  <== I think we already have this set up on k#H02262
FSS  <== Nat Fuel has not assigned this contract to us yet.

Believe me, this all happened really fast.  I just sent some of the paperwork
to legal and I need it back by Monday morning.

---------------------- Forwarded by Chris Germany/HOU/ECT on 06/23/2000 03:53
PM ---------------------------

Chris Germany
06/23/2000 02:35 PM
To: Beverly Beaty/HOU/ECT@ECT, Victor Lamadrid/HOU/ECT@ECT, Victoria
Versen/HOU/ECT@ECT, Molly Johnson/HOU/ECT@ECT, Alvin
Thompson/Corp/Enron@Enron, Angie Zeman/Corp/Enron@ENRON, Cindy
Vachuska/HOU/ECT@ECT, Clarissa Garcia/HOU/ECT@ECT,
pvillag@columbiaenergy.com, Scott Goodell/Corp/Enron@ENRON, Judy
Townsend/HOU/ECT@ECT, Dan Junek/HOU/ECT@ECT, Dick Jenkins/HOU/ECT@ECT, Robin
Barbe/HOU/ECT@ECT, Maureen Smith/HOU/ECT@ECT, Scott Hendrickson/HOU/ECT@ECT,
Sarah Mulholland/HOU/ECT@ECT, Brenda H Fletcher/HOU/ECT@ECT, Alicia
Perkins/HOU/ECT@ECT, Crystal Hyde/HOU/ECT@ECT, David Oliver/HOU/ECT@ECT,
Scott Neal/HOU/ECT@ECT
cc:
Subject: New and Exciting National Fuel Deal

We have a new Park & Loan / Storage deal on National Fuel effective
6/23/2000.  National Fuel transferred 1,000,000 dth from our parking contract
to our brand new firm storage contract.  We are now long FSS and short PALS.

FSS
 We have the rights to withdraw on a firm basis up to 33,333 dth per day.
However, we need to call and get permission to withdraw more than 33,333 dth
on any given day.  Also, the withdrawal takes place at an interconnect, like
Trco-Leidy.  We do not have to ship the gas on Nat Fuel.

IAS
We give Nat Fuel the gas back on an IT basis via our IAS agreement (Nat Fuel
is still setting up the contracts).  We can give Nat Fuel the gas back at any
point we wish.  We do not have to pay back the gas at the same point we
withdraw on the FSS.  And we can pay back the gas before we withdraw it.

COST
What we will probably do most of the time is take the FSS into Trco at Leidy
and payback the IAS agreement at Niagara and Leidy.  ENA will pay Nat Fuel
1,000,000 dth x ($.125 / 3 months) or $41,666.67 per month for June, July,
and August.  This deal is over on Aug 31st.  I just entered the demand charge
on my Market East demand charge sheet.  I do not have any deals set up in
Sitara.  I need to see the contracts from Nat Fuel first.  I will keep track
of the balances on an Excel worksheet.  All commodity cost and fuel is
capured in the $.125 demand charge.  Beavy and I will make sure the payback
and withdrawal tickets are balanced in Sitara once we start flowing gas on
this deal.  If we payback 60,000 dth next week and we do not have any
withdrawals, then I will show a 60,000 dth withdrawal on 8/31/2000 just to
keep the tickets balanced.

Payback Techniques
Under the expert eye of the wonderfull, superfantastic, all-around great guy,
Dick Jenkins, I've come up with some options on paying back the gas.

Niagara - only works when Niagara is open.  Nat Fuel has been very close to
capacity this week.  However, we should always see what Martin can do with
the gas if it gets backed up into TCPL.  OR if Niagara is constrained, we can
ship the gas on our firm Nat Fuel contract then pay it back to Nat Fuel, at
today's prices that cost about $.105

Wadd - take our Tenn Z6 length into CNG via Iroq, ship it to Trco- Leidy, and
payback the gas at Leidy.  At today's prices, that cost about  $.055,
assuming we get to roll over all of our CNG fuel waivers.

Tenn -   we just need to see what type of IT rate Dan can get to ship the
Gulf to Tenn Z4 (Ellisburgh).  We can also move the Dracutt to Nat Fuel on
segmented capacity for $.145 or  move Wright to Nat Fuel for $.11.  We cannot
use the Net 284 contract on any of the Tenn / Nat Fuel interconnects.

Let me know if you have any questons.


thanks


---------------------- Forwarded by Gerald Nemec/HOU/ECT on 09/27/99 01:00 PM
---------------------------

Ken Choyce@ENRON
09/25/99 01:01 PM
To: Gerald Nemec/HOU/ECT@ECT
cc:
Subject: RE: II Lease of Gillette Premises

Gerald,

This is Black Hill's proposed changes to the contact for the lay down yard in
Gillette.   We are already using it and Karl Durant will be in the process of
getting the office set up and utilities starting Monday 9/27.   We should
probably move quickly on this.   Thanks again.

---------------------- Forwarded by Ken Choyce/DEN/ECT on 09/25/99 12:46 PM
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  Manuel Lojo <mlojo@truecos.com>                           09/24/99
05:12 PM

Please respond to "mlojo@truecos.com" <mlojo@truecos.com>
To: Ken Choyce/DEN/ECT@Enron
cc:
Subject: RE: II  Lease of Gillette Premises

Ken,
 My telephone number is 307/266-0319.  I'll try to resend the documents,
but they show they already have the .doc suffix.  If this doesn't work,
I'll fax them down to you.

   Manuel

 - ENRON MIDSTREAM YARD LEASE.doc
 - 2ENRON MIDSTREAM YARD LEASE.doc


Sara and Marie,

Mike Kustra was in to meet Gary for Morgan Stanley today.

Mike has been told that the only thing outstanding is the place of jusidiction and Chicago has been agreed to as the compromise.

Please let me know if this agrees with your view.
Thanks. Sheila


------------------------------------------------------------------------------
------------------------
W E E K E N D   S Y S T E M S   A V A I L A B I L I T Y

F O R

December 01, 2000 5:00pm through December 04, 2000 12:00am
------------------------------------------------------------------------------
------------------------

SCHEDULED SYSTEM OUTAGES:

ARDMORE DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.

AZURIX: No Scheduled Outages.

EB34 DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.

EDI SERVER: No Scheduled Outages.

ENRON NORTH AMERICAN LANS:
Impact:  EES
Time:  Sat 12/2/2000 at  9:00:00 PM CT thru Sat 12/2/2000 at  9:30:00 PM CT
 Sat 12/2/2000 at  7:00:00 PM PT thru Sat 12/2/2000 at  7:30:00 PM PT
 Sun 12/3/2000 at  3:00:00 AM London thru Sun 12/3/2000 at  3:30:00 AM London
Outage:  Replace RSM in EES CX2
Environments Impacted:  EES
Purpose: Module needs to be replaced. While switch is being updated, there
will be outages for EES and EBS.
Backout: Replace old RSM
Contact(s):  Vincent Fox   713-345-7784

FIELD SERVICES:  No Scheduled Outages.

INTERNET: No Scheduled Outages.

LOTUS NOTES: No Scheduled Outages.

MARKET DATA:
Impact:  Market Data
Time:  Fri 12/1/2000 at  4:30:00 PM CT thru Fri 12/1/2000 at  5:30:00 PM CT
 Fri 12/1/2000 at  2:30:00 PM PT thru Fri 12/1/2000 at  3:30:00 PM PT
 Fri 12/1/2000 at  10:30:00 PM London thru Fri 12/1/2000 at  11:30:00 PM
London
Outage:  Monthly Preventive Maintenance Reboot of BTRS Servers
Environments Impacted:  Telerate Users
Purpose: Preventive maintenance
Backout:
Contact(s):  Rick Le   713-853-5345

NT: No Scheduled Outages.

OS/2:  No Scheduled Outages.

OTHER SYSTEMS: No Scheduled Outages.

SITARA:  No Scheduled Outages.

SUN/OSS SYSTEM: No Scheduled Outages.

TELEPHONY: No Scheduled Outages

TERMINAL SERVER:  No Scheduled Outages.

UNIFY:  No Scheduled Outages.

------------------------------------------------------------------------------
-------------------------------------------------------
FOR ASSISTANCE

(713) 853-1411   Enron Resolution Center
(713) 853-5536   Information Risk Management

Specific Applications Help:
Unify On-Call      (713) 284-3757  [Pager]
Sitara On-Call     (713) 288-0101  [Pager]
RUS/GOPS/GeoTools/APRS   (713) 639-9726  [Pager]
OSS/UA4/TARP    (713) 285-3165  [Pager]
CPR      (713) 284-4175  [Pager]
EDI Support      (713) 327-3893  [Pager]
All Other Systems    (713) 563-5797  [Pager]
      or (713) 563-5987  [Pager]


Thank you for responding to our invitation.  Attached is the agenda for the Northern Natural Gas Winter Operations Meeting scheduled for September 6-7 in Kansas City.  There still may be a few minor modifications made but hopefully this preliminary copy will give you an indication of our meeting focus.

If you have yet to submit your RSVP but would like to attend the meeting please fax your information as soon as possible, (713) 646-8000.  Feel free to  give me a call if you have questions, (713) 853-5660.   We look forward to seeing you on September 6!

Sharon Brown
ETS Gas Control
713-853-5660


Andrea,

We finished the the costless collar valuation. See the spreadsheets for
details.

We checked the Bloomberg for volatility assumption. The 100 days volatility is
around 50%.  Since the option is for 3 years, the volatility should be
somewhat smaller.
So we put an array of calculations, with the volatility ranges from 20% to
60%.

If you have any questions,  please call me or Bob Lee.

Zimin

---------------------- Forwarded by Zimin Lu/HOU/ECT on 01/09/2001 09:02 AM
---------------------------

Bob Lee@ENRON
01/09/2001 08:48 AM
To: Zimin Lu/HOU/ECT@ECT
cc:
Subject: HC Costless Collar


Our contract with IGS provides that for any agreement identified by IGS and
executed, TW will pay a one-time incentive fee of 3% of the first $15 million
of net present value, 2% of the next $10 million of net present value, etc.

The Southern contract associated with the Gallup Expansion is at a rate of
$0.205 for 25,000 Dth/d for 5 years.  Using a discount factor of 15%, the net
present value of the contract is $6,270,625, so IGS's commission would be
$188,118.75.  Since the contract does not specify how NPV will be calculated
(I believe we purposely omitted this for whatever reason), we will need to
agree on a rate that is fair given the nature of and risk associated with the
project.  We should probably use whatever is standard in the industry for
this type of project, if that's possible to determine.  I have a call in to
James Centilli for his recommendation in this regard, and will let you know
what he says.


I would just say Jeff is pres and ceo, not refer to him as Ken's replacement.

	Nicholas O'Day
	03/08/2001 08:58 PM

		 To: Steven J Kean/NA/Enron
		 cc:
		 Subject:

Steve we briefly discussed last Tuesday the possibility of using Mr Lay's
contact with the Chairman of Toyota, Mr Okuda, to assist us in securing a
senior executive from Toyota to speak at the May 15 conference in Tokyo.

We agreed that I should draft a letter for Jeff Skilling to send to Mr Okuda.
I have had a rethink and believe that as a matter of courtesy (Japanese
style), it would be preferable in the first instance if the contact with Mr
Okuda is done from chairman to chairman. Mr Lay's letter will serve as an
introduction to Jeff Skilling, and will also permit Enron Japan to follow up
directly with Mr Okuda's staff in Japan. We can then draft a letter for Jeff
Skilling to confirm arrangements.

I attach a draft letter for that purpose. If the revised approach is in
order, I will liaise on the matter with Rosalee and Sherri, with a copy to
you.

kind regards


FYI

 -----Original Message-----
From: 	Kingerski, Harry
Sent:	Tuesday, November 20, 2001 3:09 PM
To:	Black, Don; Mihalik, Teresa; Des Champs, Joseph
Cc:	Steffes, James D.; Ogenyi, Gloria
Subject:	Peoples Gas - IL

Peoples Gas has backed down from their request for a letter of credit to provide "Adequate Assurances of Payment", as stated in their tariff.  They will continue to accept a parental guaranty, which is due no later than December 3 (and which Teresa says is being processed).  The amount at issue is about $40k.

However, they are sending me a letter that will say, if there is any further downgrade in our rating, they will immediately require a l/c or cash deposit.


Here is a clean copy with the date fixed.


Hi Lee,

Here is the new turbine contract, blacklined against the March 27 version.

I look forward to speaking with you soon.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 03/30/2001 05:48
PM ---------------------------

"Thompson, Peter J." <pthompson@akllp.com> on 03/30/2001 04:02:01 PM
To: "Kay Mann (E-mail)" <kay.mann@enron.com>
cc: "Pipitone, Paul" <paulpipitone@akllp.com>

Subject: Salmon Energy Turbine Agreement

 Attached please find a clean copy of the Salmon Energy Turbine
Agreement (the second document below), which includes Lee Johnson's
proposed changes to Section 10.7, as well as a blackline (first document
below) showing changes to the (3/27) version you forwarded earlier
today. I have include notes within the agreement indicationg those
places where questions remain - e.g., how the addition of the new
turbine affects the pricing schedule, guaranteed delivery, etc.
 <<Comparison of Version 5 of the LV Cogen to Version 1 of the Salmon
Energy Agreement.DOC>>  <<Salmon Energy Agreement - Version 2.DOC>>
 - Comparison of Version 5 of the LV Cogen to Version 1 of the Salmon Energy
Agreement.DOC
 - Salmon Energy Agreement - Version 2.DOC


-----Original Message-----
From: 	Imai, Rika
Sent:	Monday, June 25, 2001 4:52 PM
To:	Black, Tamara Jae
Subject:	FW: New features in MetaStock

TJ,
Could you please forward this e-mail to the traders.  Thank You
____

The following new features have been rolled out under the MetaStock applet:

1) Annualized daily historical volatility charts for all available Power/NG regions.

2) Additional regional NG prices: Houston Ship Channel.

For more detailed information:
	-- Please refer to the help files (on the left of the MetaStock applet),
	-- Contact Anna Santucci at x.34225 if you have any comments or additional requests for MetaStock,
	-- Contact Mark Symms at x. 33105 if you have any technical difficulties working with this application.

Thank you.


Michelle,

FYI

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/25/2001
09:50 AM ---------------------------

Christie Patrick
04/25/2001 07:43 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Dr. Michelle Foss- Energy Institute

Hi Vince--I'll take care of it!

Thanks!  Christie.
---------------------- Forwarded by Christie Patrick/HOU/ECT on 04/25/2001
07:43 AM ---------------------------

Vince J Kaminski
04/24/2001 05:15 PM
To: Christie Patrick/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT

Subject: Dr. Michelle Foss- Energy Institute

Christie,

I am forwarding you a message I have received from the University of Houston.
Can you help them? We have a very good relationship with the UoH.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/24/2001
05:14 PM ---------------------------

Aisha Jamal <aisha@uh.edu> on 04/23/2001 03:15:29 PM
Please respond to aisha@uh.edu
To: vkamins@ect.enron.com
cc: mmfoss@uh.edu
Subject: Dr. Michelle Foss- Energy Institute

Dear Mr. Kaminski,

I am writing to ask a favor for Dr. Michelle Foss. As you know we will
be running our "New Era" program from May 14- May 25th. Dr. Foss was
wondering if on May 22nd (between 1:30pm and 4:00pm) , we would be able to
bring
our participants for a tour of your trading floor. At this time we will have
30-40 people, and since only 10 people maximum should really be on a
trading floor we need to have 4 companies among which to divide our
participants. At this time, we have a floor from Coral Energy, and are
working with Duke,
and I will be contacting Mr. Paul Roberts to arrange for the Reliant Energy
trading floor. I was hoping very much that you would be able to direct
me to the right person to contact to arrange this tour. Will this be a
possiblity? I really appreciate your help very much. Thank you!

Best Regards,

Aisha Jamal
Energy Institute
713-743-4634


Hi Shari

I need help as well from JS on those two issues.  On the LDC supply we need
to understand the relationship between SD Warren, the LDC and NEPOOL - f/m
and supply obligation will be impacted but I don't know how until we
discuss.  Also need to understand the possible penalties from taking from
LDC.  CMS assignment of load I also need to understand - I think it relates
to getting the necessary NEPOOL credit but? .. I put a call into JS


FYI
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Message-ID: <2AFE4270DD2AD511B89400005A42A7B039AA7A@EXCHSERVER2>
From: "Morris, Harvey Y." <hym@cpuc.ca.gov>
To: "'Curtis Wagner'" <curtis.wagner@ferc.fed.us>, dshaffer@akllp.com,
kminesinger@akllp.com, rrich@bracepatt.com, moloughl@brattle.com,
jhmcgrew@brudergentile.com, jmmarcoux@brudergentile.com,        "Morris,
Harvey Y." <hym@cpuc.ca.gov>,        "Bromson, Jonathan"  <jab@cpuc.ca.gov>,
daniel.collins@elpaso.com,        greg.jones@elpaso.com,
judy.heineman@elpaso.com, mark.cook@elpaso.com,
jlgreene@energyadvocates.com,        Edith Gilmore
<edith.gilmore@ferc.fed.us>,        Marcia Hooks
<marcia.hooks@ferc.fed.us>,        Martha Altamar
<martha.altamar@ferc.fed.us>,        Ruby Meek <ruby.meek@ferc.fed.us>,
jmoriarty@fw-law.com,        kbedwards@gkrse-law.com, jfagan@hewm.com,
PMohler@hewm.com,        DLBeresford@HHLAW.com, GSterling@HHLAW.com,
bjost@huberlaw.com,        dhuard@manatt.com, jgregg@mbolaw.com,
lochsenhirt@mbolaw.com,        dmcwash@mshpc.com, frl3@pge.com,
sandrar@prestongates.com,        GBaker@Sempra.com, wlansinger@Sempra.com,
DROBINSO@skadden.com,        GRICHMAN@skadden.com, JSherman@skadden.com,
WSCHERMA@skadden.com,        ryspeed-bost@verner.com
Cc: "'imoreno@bcjlaw.com'" <imoreno@bcjlaw.com>,
"'douglas.porter@sce.com'" <douglas.porter@sce.com>,        "Pocta, Robert
M."  <rmp@cpuc.ca.gov>
Subject: RE: CPUC Testimony in Phase 2 in Docket No. RP00-241-000
Date: Thu, 12 Jul 2001 17:09:34 -0700
MIME-Version: 1.0
X-Mailer: Internet Mail Service (5.5.2653.19)
Content-Type: multipart/mixed;
boundary="----_=_NextPart_000_01C10B30.19004B70"

?Attached is the CPUC's prepared  direct testimony (without hard copy
exhibits)?for the supplemental  hearing concerning the affiliate abuse issues
involving El Paso Merchant  Energy's bidding for and acquisition of the 1,220
MMcf/d El Paso Natural Gas  Co. firm capacity to California.?  The CPUC
testimony (with accompanying hard copy exhibits)?is being sent  via overnight
courier to all active parties and regular mail to all parties on  the FERC's
most recent service list in this case. This testimony and the  accompanying
exhibits do not contain any Protected Materials.
?
Harvey Y.  Morris?
 - CPUC01-#101926-v1-Mark_Pocta_testimony_.doc


I deleted the file.
PL


Congratulations on your new position!
This all came up rather suddenly, at least as far as I can tell.  If you have
any interest, I would like to talk to you sometime.
----- Forwarded by Steven J Kean/NA/Enron on 03/25/2001 06:38 PM -----

	Mary Hain@ECT
	03/23/2001 12:24 PM

		 To: David_Aamodt@pgn.com, dapnucc@teleport.com, dick@pnucc.org,
seabron.adamson@frontier-economics.com, Frank_Afranji@pgn.com, raa@vnf.com,
Joseph Alamo, ajaldrich@snopud.com, Jeff Alexander, Al Alexanderson@Enron,
Keonee Almaida, hollis.alpert@ferc.fed.us, Brenda Anderson, angles@howry.com,
Alan B Aronowitz/HOU/ECT@ECT, gdb@vnf.com, npbaker@bpa.gov, ellen@tca-us.com,
paulb@citizenspower.com, paulb@citizenspower.com, garybarbour@email.msn.com,
jbartus@cammckenna.com, glynda.becker@mail.house.gov, Samuel Behrends,
bbennett@bpa.gov, sberman@hewm.com, ramsen.betfarhad@mail.house.gov,
KBILAS@SKADDEN.COM, sbooye@Skadden.com, raymond.r.boyce@state.or.us,
tbradley@bracepatt.com, scott.brattebo@pacificorp.com, sbrose@steptoe.com,
sbuchheit@bracepatt.com, alanb@wutc.wa.gov, Jim Byrne,
vergil.cabasco@mail.house.gov, johncameron@dwt.com, Doug Carmichael, Ed
Cassidy, ajchambe@llgm.com, Melissa Chiechi, elchristensen@snopud.com,
kevin.clark@ci.seattle.wa.us, rcloward@avistacorp.com,
david_cohen@rniinc.com, Bill Comish, Victor Contract, powerlac@aol.com,
Frederick Coolbroth, michaelcorrigan@bchydro.bc.ca, kcorum@nwppc.org,
KCurry@bracepatt.com, Wanda Curry/HOU/EES@EES, gdahlke@paine-hamblen.com,
kadaly/atty%moheck@mcimail.com, mday@gmssr.com, dearing@chelanpud.org,
tdeboer@paine-hamblen.com, Tom_Delaney@enron.com, sdleonard@earthlink.net,
dldorrell@stoel.com, Mary Doyle, Jay Dudley, mce2280@idahopower.com,
michaelearly@earthlink.net, Katherine Edwards, rle@givenspursley.com,
imaxtrans@aol.com, Chris Elliott, sandra.elliott@ferc.fed.us,
kerwin@ect.enron.com, dezickson@mwe.com, Jim Fallon, fallonr@howrey.com,
Elias Farrah, Michele_Farrell@pgn.com, dfaulk@puget.com, gfergus@brobeck.com,
Willard Fields, sfisher@avistaenergy.com, pfox@bracepatt.com, Pat Franklin,
John Frazzell, ericf@prestongates.com, don.furman@pacificorp.com,
segfurst@bpa.gov, Jackie Gallagher, craiggannett@dwt.com, Alvaro
Garcia/LON/ECT@ECT, sbishop@gibbs-bruns.com, wgibson@nwppc.org,
ggilbert@ci.tacoma.wa.us, Pat Gilman, Alex Goldberg,
jlgreene@energyadvocates.com, Chris_Groener@mail.house.gov, Mary Groggin,
Mark E Haedicke/HOU/ECT@ECT, Stephen Hall, steve.c.hall@enron.com, Leo
Hamblin, whannaford@NWPPC.org, jim.harding@ci.seattle.wa.us,
rhardy@hardyenergy.com, kharri@puget.com, Steve_Hawke@pgn.com,
dhawkins@caiso.com, marc.hellman@state.or.us, Scott Helyer,
mhenry@bracepatt.com, dwmp@teleport.com, rhornby@tca-us.com, mhornst@aol.com,
dhuard@jmbm.com, Marlene Huntsinger@pgn.com, cfi1@tca-us.com, Richard
Ingersoll/HOU/ECT@ECT, pljacklin@stoel.com, montrey@aol.com, danj@cfmdc.com,
kgjohnson@bpa.gov, ljohnson@pwrteam.com, Karen E Jones/HOU/ECT@ECT,
mkanner@kannerandassoc.com, karid@perkinscoie.com, pkaufma@ect.enron.com,
Paul Kaufman/PDX/ECT@ECT, Jeffrey Keeler/Corp/Enron@Enron @ Enron, Devon
Kehoe <devon_kehoe@mentorg.com>, James Keller, Joe.Kelliher@mail.house.gov,
kkennedy@bdbc.com, Rick Kessler, rdking@bpa.gov, Harry Kingerski/HOU/EES@EES,
Harry Kingerski/NA/Enron@Enron, rsk@schwabe.com, gwilliams8@austin.rr.com,
John Klauberg, Holli Krebs/HOU/ECT@ECT, ekrogh@wiredweb.com,
blafferty@avistacorp.com, wdlamb@bpa.gov, John Lamb, Therese Lamb,
srlarson@bpa.gov, Cindy_Tatham@co.washington.or.us, zora.lazic@bchydro.com,
kaleathley@bpa.gov, pamela_lesh@pgn.com, Debi LeVine, lcg@europa.com,
doug.little@powerex.com, Robert Loeffler, Chris Long, sjlong@bpa.gov,
rlopezv@www.conet.com.mx, david_lucio@iep.illinova.com,
king.lum@bchydro.bc.ca, kevin.lynch@pacificorp.com, Mark Maehr, Randal T
Maffett/HOU/ECT@ECT, John Malowney/HOU/ECT@ECT, Sueyen Mao, Susan J
Mara/SFO/EES@EES, Susan J Mara/NA/Enron@Enron, Lee Martin@Enron,
maurw@perkinscoie.com, Wayne Mays/PDX/ECT@ECT, Michael McCall/HOU/ECT@ECT,
Sandra McCubbin/NA/Enron@Enron, Travis McCullough/HOU/ECT@ECT, Michael
McDonald, brugen@erols.com, mckinley@wpuda.org, mcm@vnf.com,
mcnichol@wapa.com, shauna@pnucc.org, Maureen McVicker,
pmeringolo@brobeck.com, demetcalf@bpa.gov, cemeyer@bpa.gov,
jmilegich@sppc.com, fred_miller@pgn.com, Jeffrey Miller/HOU/ECT@ECT,
jerry.miller@pacificorp.com, Laura Miller, scott.miller@ferc.fed.us, Bill
Miner, phil_moeller@gorton.senate.gov, pmohler@hewm.com, emoler@velaw.com,
nkmorgado@bpa.gov, Mike@tonkon.com, krmoxness@bpa.gov, mmps@millcreeklaw.com,
pmurphy@mbllp.com, terrym@millcreeklaw.com, bmurtha@acy.sunint.com, Rich
Nassief, tod@mgninc.com, Douglas_Nichols@pgn.com, Patty Nichols, Christi
Nicolay, tmnoguchi@bpa.gov, darcy@tonkon.com, Sarah Novasel@sarah
novosel/Corp/Enron@Enron, Sarah Novosel/Corp/Enron@ENRON, Tom O'Donnell,
PObenchain@idahopower.com, Pegy Olds, Carol Opatrny, tpaine@avistacorp.com,
Dave Parquet, bpascoe@mtpower.com, afpaschke@bpa.gov, ccperigo@bpa.gov,
wlpernas@stoel.com, lpeters@pacifier.com, jill@pnucc.org, Mona L
Petrochko/NA/Enron@Enron, npickover@bracepatt.com, Phillip
Platter/HOU/ECT@ECT, Alfred Pollard/HOU/ECT@ECT, Walt Pollock@Enron,
gporter@sppc.com, Kevin M Presto/HOU/ECT@ECT, jquint@puget.com,
arlene.ragozin@ci.seattle.wa.us, maraschio@bpa.gov, Dale
Rasmussen/HOU/ECT@ECT, Scott Rasmussen, Bobby Reeves/PDX/ECT@ECT,
preiten@pngc.com, reyna2r@kochind.com, shellyr@pacifier.com, Jeff
Richter/HOU/ECT@ECT, raroach@bpa.gov, atrodrigues@bpa.gov, rarogers@bpa.gov,
peterroi@erols.com, Rothfelder@rlo-law.com, Richard Sanders,
jsaven@pacifier.com, Michael Schilmoeller/PDX/ECT@ECT,
jschlect@avistacorp.com, Sabine.Schnittger@frontier-economics.com, Diana
Scholtes/HOU/ECT@ECT, Roger Seifert, Cara Semperger, asettanni@bracepatt.com,
Richard Shapiro, Vicki Sharp/HOU/EES@EES, Mike D Smith/HOU/EES@EES, Joshua
Sheinkman, jshurts@nwppc.org,  Sid, msizer@ci.tacoma.wa.us,
slavens.paula@deps.ppl.com, small@wrightlaw.com, small@wrightlaw.com,
douglas.smith@ferc.fed.us, Mike Smith, Roger Smith, Larry
Soderquist/HOU/ECT@ECT, Harvey Spigal, mstauffer@mtpower.com, James D
Steffes/NA/Enron@Enron, James D Steffes/NA/Enron@Enron,
mestewardpsedc@worldnet.att.net, JKStier@BPA.gov, rbstrong@paine-hamblen.com,
DASwanstrom@Verner.com, Mike Swerzbin/HOU/ECT@ECT, tabors@tca-us.com, Ron
Tapscott/HOU/ECT@ect @ ECT, James K Tarpey/DEN/ECT@ECT, Jake Thomas,
ryan_thomas@burns.senate.gov, jrt2058@idahopower.com, maryann@pnucc.org,
mtierney@sempra.com, robin_tompkins@pgn.com, Ann Tumlinson, AW Turner, Sheila
Tweed, Lisa Urick, rvermeers@avistacorp.com, Frank W Vickers/HOU/ECT@ECT,
John Walley, kristiwallis@sprintmail.com, walshl@howrey.com,
swalton@enron.com, Steve Walton/HOU/ECT@ECT, kaward@bpa.gov, Kim
Ward/HOU/ECT@ECT, Carol Wardell, dwatkiss@bracepatt.com, sawatson@bpa.gov,
judy.welch@NWPP.ORG, 211-6155@MCIMAIL.COM, Kwenzel@zzz.com,
cwestadt@sppc.com, Brian Whalen, Bill Williams/PDX/ECT@ECT,
klwmtp@worldnet.att.net, lyn_williams@pgn.com, Greg Wolfe@ECT, Vickie
Wolk-Laniewski@Enron, Ed Wood/HOU/ECT@ECT, mwood@stoel.com, Steve Wright,
Teresa L Wright/HOU/ECT@ECT,  WSCC, Charles Yeung, Christian
Yoder/HOU/ECT@ECT, Steven J Kean/NA/Enron@Enron, Steve Kean, Travel in the
Park, D Brett Hunsucker/HOU/ECT@ECT, Carla Hoffman/PDX/ECT@ECT, Bernadette
Hawkins, Joe Hartsoe@Enron, Donna Fulton, Roger Fragua/HOU/ECT@ECT, James B
Fallon/HOU/ECT@ECT, Michael Etringer/HOU/ECT@ECT, Terry W
Donovan/HOU/ECT@ECT, Stacy Dickson@ECT, Ginger Dernehl/HOU/EES@EES, Rhonda L
Denton/HOU/ECT@ECT, Jeff Dasovich/NA/Enron@Enron, Sean Crandall/PDX/ECT@ECT @
ECT, Tom Briggs/NA/Enron@Enron, t.briggs@enron.com, Stacey Bolton, Dennis
Benevides/HOU/EES@EES, Dennis Benevides/HOU/EES@EES, Tim Belden/HOU/ECT@ECT,
Robert Badeer/HOU/ECT@ECT, Phillip K Allen/HOU/ECT@ECT,  Alan Comnes, Lysa
Akin/PDX/ECT@ECT, Portland West Desk, assad@elektro.com.br, Alan
Comnes/PDX/ECT@ECT, Alberto Levy/SA/Enron@Enron, Aleck Dadson/TOR/ECT@ECT,
Allison Navin/Corp/Enron@ENRON, Amy Fabian/Corp/Enron@ENRON, Barbara A
Hueter/NA/Enron@Enron, Bernadette Hawkins/Corp/Enron@ENRON, Bill
Moore/NA/Enron@Enron, cristinah@elektro.com.br, Carlos Gustavo
Azevedo/SA/Enron@Enron, Carmen Perez/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Carolyn Cooney/Corp/Enron@ENRON, Charles Yeung/HOU/ECT@ECT, Chauncey
Hood/NA/Enron@ENRON, Chris Long/Corp/Enron@ENRON, Christi L
Nicolay/HOU/ECT@ECT, Cynthia Sandherr/Corp/Enron@ENRON, Damon
Harvey/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Dan Staines/HOU/ECT@ECT, Daniel
Allegretti/NA/Enron@Enron, Dave Mangskau/Corp/Enron@ENRON, Donald
Lassere/NA/Enron@Enron, Donna Fulton/Corp/Enron@ENRON, Eidy
Catala/TRANSREDES@TRANSREDES, Elizabeth Linnell/NA/Enron@Enron, Frank
Rishe/NA/Enron@Enron, Geriann Warner/NA/Enron@Enron, Ginger
Dernehl/NA/Enron@Enron, Gisele S Braz/SA/Enron@Enron, Gloria
Ogenyi/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Guillermo Canovas/SA/Enron@Enron,
Harry Kingerski/NA/Enron@Enron, Howard Fromer/NA/Enron@Enron, James D
Steffes/NA/Enron@Enron, Janine Migden/NA/Enron@Enron, Javier
Pantoja/TRANSREDES@TRANSREDES, Jean R Dressler/NA/Enron@Enron, Jean
Ryall/NA/Enron@ENRON, Jeff Brown/NA/Enron@Enron, Jeff
Dasovich/NA/Enron@Enron, Jeffrey Keeler/Corp/Enron@ENRON, Joao
Paixao/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Joe Allen/NA/Enron@Enron, Joe
Connor/NA/Enron@Enron, Joe Hartsoe/Corp/Enron@ENRON, Joe
Hillings/Corp/Enron@ENRON, Jose Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Joseph Alamo/NA/Enron@Enron, Kathleen Sullivan/NA/Enron@ENRON, Kerry
Stroup/NA/Enron@Enron, Kikumi Kishigami/NA/Enron@Enron, Kirsten
Bellas/NA/Enron@Enron, Lara Leibman/NA/Enron@Enron, Laurie
Knight/NA/Enron@Enron, Leslie Lawner/NA/Enron@Enron, Linda J
Noske/HOU/ECT@ECT, Linda Robertson/NA/Enron@ENRON, Lindsay
Meade/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Lisa Yoho/NA/Enron@Enron, Lora
Sullivan/Corp/Enron@ENRON, Luiz Maurer/SA/Enron@Enron, Lysa Akin/PDX/ECT@ECT,
Marchris Robinson/NA/Enron@Enron, Marcia A Linton/NA/Enron@Enron, Marcie
Milner/Corp/Enron@ENRON, Mary Hain/HOU/ECT@ECT, Maureen
McVicker/NA/Enron@Enron, Melinda Pharms/HOU/ECT@ECT, Michelle
Belzak/TOR/ECT@ECT, Mona L Petrochko/NA/Enron@Enron, Nancy
Hetrick/NA/Enron@Enron, Patrick Keene/NA/Enron@Enron, Ray
Alvarez/TRANSREDES@TRANSREDES, Rebecca W Cantrell/HOU/ECT@ECT, Ricardo
Charvel/NA/Enron@Enron, Richard Ingersoll/HOU/ECT@ECT, Richard
Shapiro/NA/Enron@Enron, Robert Frank/NA/Enron@Enron, Robert
Hemstock/CAL/ECT@ECT, Robert Neustaedter/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Robin Kittel/NA/Enron@Enron, Ron McNamara/NA/Enron@Enron, Roy
Boston/HOU/EES@EES, Rubena Buerger/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Sandra McCubbin/NA/Enron@Enron, Sarah Novosel/Corp/Enron@ENRON, Scott
Bolton/Enron Communications@Enron Communications, Sergio
Assad/SA/Enron@Enron, Stella Chan/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Stephen D Burns/Corp/Enron@ENRON, Steve Montovano/NA/Enron@Enron, Steve
Walton/HOU/ECT@ECT, Steven J Kean/NA/Enron@Enron, Sue Nord/NA/Enron@Enron,
Susan J Mara/NA/Enron@ENRON, Susan M Landwehr/NA/Enron@Enron, Terri
Miller/NA/Enron@Enron, Thane Twiggs/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Tom
Briggs/NA/Enron@Enron, Tom Chapman/HOU/ECT@ECT, Tom Delaney/Corp/Enron@ENRON,
Tom Hoatson/NA/Enron@Enron, Tracy Cooper/Enron Communications@Enron
Communications, Valeria Lima/SA/Enron@Enron, Vinio Floris/Corp/Enron@Enron,
Xi Xi/Enron Communications@Enron Communications, Steven J
Kean/NA/Enron@Enron, Jeffrey Keeler/Corp/Enron@ENRON, Christi L
Nicolay/HOU/ECT@ECT, Sarah Novosel/Corp/Enron@ENRON, Robert
Frank/NA/Enron@Enron, Lara Leibman/NA/Enron@Enron, Gloria
Ogenyi/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Richard Shapiro/NA/Enron@Enron,
Leslie Lawner/NA/Enron@Enron, Paul Kaufman/PDX/ECT@ECT, Aleck
Dadson/TOR/ECT@ECT, Daniel Allegretti/NA/Enron@Enron, Howard
Fromer/NA/Enron@Enron, Joe Hartsoe/Corp/Enron@ENRON, Roy Boston/HOU/EES@EES,
Janine Migden/NA/Enron@Enron, Christie Patrick/HOU/ECT@ECT, Jane
Wilson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rhonda L Denton/HOU/ECT@ECT,
Kathleen E Magruder/HOU/EES@EES, Susan T Covino/HOU/EES@EES, Rebecca
Carter/Corp/Enron@ENRON, Shelley Corman/ET&S/Enron, Janet Butler/ET&S/Enron,
Kevin M Presto/HOU/ECT@ECT, Brad Richter/Enron Communications@Enron
Communications, Greg Piper/Corp/Enron, Kevin McGowan/Corp/Enron@ENRON, Kim
Ward/HOU/ECT@ECT, Leslie Reeves/HOU/ECT@ECT
		 cc:
		 Subject: I'm Leaving Enron

I am going to be the Senior Regulatory Counsel at ISO New England starting on
April 9, 2001.   My last day in the Portland area will be March 31, 2001.  I
enjoyed working with you and wish you the best of everything.  My new address
will be:

Mary Hain
Senior Regulatory Counsel
ISO New England Inc.
One Sullivan Road
Holyoke, MA  01040-2841
(413) 535-4000
mhain@ISO-NE.com


--------- Inline attachment follows ---------

From:  <webmaster@cera.com@ENRON>
To: clients@cera.com
Date: Thursday, January 17, 2002 4:13:48 GMT
Subject:

Title: Atlantic Basin Distillate Market Update
URL(s):

http://www.cera.com/eprofile?u=35&m=2932;

***********************************************************************

ATLANTIC BASIN DISTILLATE MARGINS PRESSURED BY WEAK DEMAND AND AMPLE STOCKS

In stark contrast to last winter's exceptional strength, spot distillate-to-
crude price differentials in Atlantic Basin markets are likely to stay weak:

Demand is down relative to a year ago, resulting from declining air travel,
mild temperatures in North America, and much lower North American natural gas
prices.

* Inventory levels are comfortable, with primary inventories in the United
States and consumer stocks in Germany particularly high.

* Market psychology is preoccupied with the weak economy and downside risks,
whereas a year ago a psychology of shortage prevailed in energy markets.

**end**

Follow above URL for complete CERA Alert (3 printed pages).

E-mail Category: Alert
CERA Knowledge Area(s): Global Oil

*****************************************************************************************
CERAWeek2002 - February 11-15, 2002 - 21st Annual Executive Conference and
Related Events REGISTER ONLINE TODAY AT:  http://www.cera.com/ceraweek
** Two- and Four-day Passes Available
** Special Enrollment Programs
** Partnership Opportunities
** CERAWeek Online Premium Access
*****************************************************************************************

To make changes to your cera.com profile go to:
http://www.cera.com/client/updateaccount

Forgot your username and password? Go to:
http://www.cera.com/client/forgot

This electronic message and attachments, if any, contain information
from Cambridge Energy Research Associates, Inc. (CERA) which is
confidential and may be privileged. Unauthorized disclosure, copying,
distribution or use of the contents of this message or any attachments,
in whole or in part, is strictly prohibited.
Terms of Use: http://www.cera.com/tos
Questions/Comments: webmaster@cera.com
Copyright 2001. Cambridge Energy Research Associates

--------- Inline attachment follows ---------

From:  <webmaster@cera.com@ENRON>
To: clients@cera.com
Date: Thursday, January 17, 2002 3:04:10 GMT
Subject:

Title: Searching for the Bottom
URL(s):

http://www.cera.com/eprofile?u=35&m=2929;

***********************************************************************

GAS PRICES CONTINUE DOWNWARD DRIFT--HIGH STORAGE, LOW DEMAND

While warm weather keeps heating loads low, the key driver in natural gas
markets continues to be the looming storage surplus. Weather may provide some
short-lived price spikes in February, but until real evidence of the
anticipated decline in US supply appears, prices will feel continued downward
pressure from record-high storage inventories. The projected February average
price is $2.10 per MMBtu at the Henry Hub.

* March storage inventories will end at record high levels. Ample gas remains
to keep prices low until a rebounding economy and declining supplies can
provide a lift.

* With return to a normal weather, strong industrial loads will boost overall
gas demand slightly over last year's levels.

* Diminishing weather-related support and high western storage inventories will
drive widening discounts to the Henry Hub in the western producing areas, while
weak demand and high storage will limit premiums in the East.

**end**

Follow above ULR for complete CERA Monthly Briefing (7 printed pages).

E-mail Category: Monthly Briefing
CERA Knowledge Area(s): North American Gas

*****************************************************************************************
CERAWeek2002 - February 11-15, 2002 - 21st Annual Executive Conference and
Related Events REGISTER ONLINE TODAY AT:  http://www.cera.com/ceraweek
** Two- and Four-day Passes Available
** Special Enrollment Programs
** Partnership Opportunities
** CERAWeek Online Premium Access
*****************************************************************************************

To make changes to your cera.com profile go to:
http://www.cera.com/client/updateaccount

Forgot your username and password? Go to:
http://www.cera.com/client/forgot

This electronic message and attachments, if any, contain information
from Cambridge Energy Research Associates, Inc. (CERA) which is
confidential and may be privileged. Unauthorized disclosure, copying,
distribution or use of the contents of this message or any attachments,
in whole or in part, is strictly prohibited.
Terms of Use: http://www.cera.com/tos
Questions/Comments: webmaster@cera.com
Copyright 2001. Cambridge Energy Research Associates

--------- Inline attachment follows ---------

From:  <webmaster@cera.com@ENRON>
To: clients@cera.com
Date: Thursday, January 17, 2002 3:00:51 GMT
Subject:

Title: Building Energy Consumption Data: EIA Data on Commercial and Industrial Buildings in the United States
URL(s):

http://www.cera.com/eprofile?u=35&m=2927;

***********************************************************************

EIA DATA ON COMMERCIAL AND INDUSTRIAL BUILDINGS IN THE UNITED STATES

The files in this report are a compilation of information from the Energy
Information Administration (EIA). Median load factors are the most recent
released by EIA, however, EIA no longer collects this data.

Please see Distibuted Energy's Additional Research page for the latest market
and equipment performance data.

**end**

Please follow above URL for access to data files.

E-mail Category: Report
CERA Knowledge Area(s): Distributed Energy

*****************************************************************************************
CERAWeek2002 - February 11-15, 2002 - 21st Annual Executive Conference and
Related Events REGISTER ONLINE TODAY AT:  http://www.cera.com/ceraweek
** Two- and Four-day Passes Available
** Special Enrollment Programs
** Partnership Opportunities
** CERAWeek Online Premium Access
*****************************************************************************************

To make changes to your cera.com profile go to:
http://www.cera.com/client/updateaccount

Forgot your username and password? Go to:
http://www.cera.com/client/forgot

This electronic message and attachments, if any, contain information
from Cambridge Energy Research Associates, Inc. (CERA) which is
confidential and may be privileged. Unauthorized disclosure, copying,
distribution or use of the contents of this message or any attachments,
in whole or in part, is strictly prohibited.
Terms of Use: http://www.cera.com/tos
Questions/Comments: webmaster@cera.com
Copyright 2001. Cambridge Energy Research Associates


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

----- Forwarded by Debra Perlingiere/HOU/ECT on 04/10/2001 11:10 AM -----

	Allison McHenry@EES
	04/10/2001 10:52 AM

		 To: Debra Perlingiere/HOU/ECT@ECT
		 cc:
		 Subject: Frederking Baby Girls

Since you were inquiring of his number, I thought you might want to know this!

---------------------- Forwarded by Allison McHenry/HOU/EES on 04/10/2001
10:52 AM ---------------------------

Cathy Deleonardis
04/10/2001 10:36 AM
To: EES-HOU Legal
cc:
Subject: Frederking Baby Girls

I received a voicemail from Will this morning.  Kimberly had 4 baby girls.
Will did not leave any information on the babies, just that they are very
small.  He will be out of the office for a few days but will be checking
voicemail.  I will send flowers from the department.

Hospital:

St. Lukes
6720 Bertner Avenue
H, TX 77030
no room assigned yet


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The Cost is $25.00 Per Person.
No Shows will be charged $50.00.

Check the eSource training page at http://esource.enron.com/training.doc for additional training sessions and vendor presentations.


nope.


-----Original Message-----
From: 	Chen, Hai
Sent:	Monday, October 22, 2001 8:55 AM
To:	Black, Tamara Jae
Subject:	Options Market Update
Importance:	High

T.J.,

Please forward the attached Option Market Update to traders and mid-marketers.  Thanks!

Hai


Dear Carol

Under Bermuda law, there is no real concept of "perfecting" security since it
is not necessary to ensure the enforceability in Bermuda that a charge be
registered in Bermuda.  However, although it is not necessary for a security
interest to be registered in order for it to be valid, the charge document
itself can be registered in Bermuda in the Register of Charges in accordance
with Section 55 of the Companies Act 1981 in order to ensure the priority in
Bermuda of the charge.  On registration, any charge evidenced in the charging
document will have priority over any unregistered competing charge or any
subsequently registered competing charge in respect of the assets which are
the subject of the charge (i.e. the cash).

If the agreement will be governed by either Texas or New York law, it will be
a matter of the laws of either Texas or New York as to the actual nature of
the security interest which is created by the charge.

If you would like us to effect the registration of the charge, we would need
an original (or a certified true copy) of the executed document which creates
the security interest.  There is no time limit on such registration.
However, please note that, in addition to our professional fees, there is a
filing fee of $446 which is payable in respect of the registration.

I trust that the above is of some assistance.  If you have any questions
please do not hesitate to contact me.

Kind regards.

Chris Garrod

Christopher Garrod
Conyers Dill & Pearman
Clarendon House, 2 Church Street
Hamilton HM 11, Bermuda
Direct dial  441 299 4923
Fax:  441 292 4720
email  cggarrod@cdp.bm

>>> <Carol.St.Clair@enron.com> 04/17/01 06:54PM >>>
Christopher:
We have done a trade with a Bermuda hedge fund and have negotiated
collateral provisions that may require them to post csah to us.  The
agreement will be governed by either Texas or New York law.  We need your
advice on how to perfect our interest in any cash posted to us that we
would hold in an account in the United States.  Could you please call
either me or Sara Shackelton (713)853-5620 if possible tomorrow or you can
send me an e-mail if that is easier.  I'm hoping that our possession of the
cash is enough.  Sorry for the short fuse on this.  If you need any
additional information, please contact me or Sara.  I will be unavailable
from 9-11 and 2-3 tomorrow Houston time.

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com


Please see attached.

 - ER011401.1


Notice No. 00-401
November 20, 2000

TO:
ALL NYMEX DIVISION MEMBERS AND MEMBER FIRMS
ALL COMEX DIVISION MEMBERS AND MEMBER FIRMS

FROM: Neal Wolkoff, Executive Vice President

SUBJECT: Approved Amendments to the COMEX Silver Futures Contract to Add
Brink,s Inc. and Delaware Depository Service Company, LLC as Exchange
Licensed Depositories.

The Exchange has received approval from the Commodity Futures Trading
Commission to amend Supplement No. 2, "Licensed Depositories and Weighmasters
for Silver" of the COMEX Silver Futures Contract. The purpose of the approved
amendment is to add Brink,s Inc.,s vault facility located at 652 Kent Avenue,
Brooklyn, NY and Delaware Depository Service Company, LLC,s vault facilities
located at 3601 North Market Street and 4200 Governor Printz Boulevard,
Wilmington, DE as Exchange Licensed Depositories for the storage of silver
deliverable against the Exchange,s COMEX Division Silver Futures Contract.

Effective Thursday, February 1, 2001, Brink,s Inc. in Brooklyn, New York and
Delaware Depository Service Company, LLC in Wilmington, Delaware will become
eligible as Licensed Depositories for the storage and delivery of silver
against the COMEX Silver Futures Contract.

In order to provide the market with relevant data pertaining to both Brink,s
and Delaware Depository Service Company,s silver stock figures, the Exchange
will report historical stock figures for both companies on November 27,
2000.  The Exchange will then report the stock figures as of November 30th,
December 15th, December 29th 2000 and January 16th 2001 in a separate report
from the daily metal warehouse statistics.  Effective February 1, 2001, the
Exchange will begin reporting the eligible and registered silver stocks in
the daily metal warehouse statistics for both companies.

Eligible and Registered Silver

The eligible silver stocks at both companies and that of the daily metal
warehouse statistics are limited to silver bars that meet the Exchange,s
criteria for delivery.  This criteria specifies that a silver bar must weigh
1,000 troy ounces, plus or minus 10% and be on the Exchange,s Official List
of Approved Refiners and Brands for silver.  The eligible stocks denoted
here, and in the daily warehouse statistics, do not include such items as 100
troy ounce silver bars or silver coins.

Specifically, eligible metal is not the same as registered metal.  Registered
metal is defined as metal which meets the standards for delivery as stated in
the COMEX Rules and for which a COMEX Depository Receipt (Warrant) has been
issued.  Eligible metal is defined as metal which meets the standards for
delivery as stated in the COMEX Rules and for which no COMEX Depository
Receipt (Warrant) has been issued.

In order for eligible metal to become registered metal, the owner of the
metal must have an Exchange Licensed Depository issue a Depository Receipt
(Warrant) on those silver bars meeting Exchange standards comprising 5,000
troy ounces (plus or minus 6%) stored at its facility.

A copy of the approved amendments is attached. Capital letters indicate
additions, bracketing [ ] indicates deletions.

Should you have any questions regarding the above, please contact Albert J.
Getz at 212-299-2608.
  Silver Supplement
No. 2
Approved Rule Amendments
Capital letters indicate additions; [ ] indicate deletions.

COMMODITY EXCHANGE, INC.
LICENSED DEPOSITORIES AND WEIGHMASTERS FOR SILVER

New York

Depository:
ScotiaMocatta Depository,
A Division of The Bank of Nova Scotia
 4 World Trade Center
 New York, NY 10048
 Orders:  (212) 912-8530

Facilities:
4 World Trade Center
New York, NY

Computer Code:
3002

Depository:
HSBC Bank USA
1 West 39th Street, SC 2 Level
New York, NY 10018
Orders:  (212) 525-6439

Facilities:
1 West 39th Street, SC 2 Level
New York, NY

Computer Code:
5001

DEPOSITORY:
BRINK,S INCORPORATED
SUITE 400
580 5th AVENUE
NEW YORK, NEW YORK 10036
ORDERS:  (718) 260-2200

FACILITIES:
652 KENT AVENUE
BROOKLYN, NEW YORK

COMPUTER CODE:
4001

DELAWARE

DEPOSITORY:
DELAWARE DEPOSITORY SERVICE COMPANY, LLC
3601 NORTH MARKET STREET
WILMINGTON, DELAWARE 19802
ORDERS: (302) 765 )3884

FACILITY:
3601 NORTH MARKET STREET
WILMINGTON, DELAWARE
COMPUTER CODE: 6001

4200 GOVERNOR PRINTZ BLVD.
WILMINGTON, DELAWARE
COMPUTER CODE: 6002

Additional Licensed Weighmasters For Silver

International Testing Laboratories, Inc.
578-582 Market Street
Newark, NJ  07105
Orders:  (201) 589-4772

Ledoux & Company
359 Alfred Avenue
Teaneck, NJ 07666
Orders:  NJ (201) 837-7160

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

"http://208.206.41.61/email/email_log.cfm?useremail=tana.jones@enron.com&refdo
c=(00-401)"

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.


Start Date: 1/6/02; HourAhead hour: 9;  No ancillary schedules awarded.  Variances detected.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002010609.txt

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 9 / Preferred:  13.92 / Final:  13.89)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE4
  MKT_TYPE: 2
  TRANS_DATE: 1/6/02
  SC_ID: ENRJ


As discussed.
---------------------- Forwarded by Steven J Kean/NA/Enron on 07/09/2001
06:27 PM ---------------------------

Steven J Kean
07/09/2001 03:54 PM
To: Linda Robertson/NA/Enron@ENRON
cc: James D Steffes/NA/Enron@Enron, Alan Comnes/Enron@EnronXGate, Carole
Hodge/ETOL/EU/Enron@ETOL, dwatkiss@bracepatt.com, Jeff
Dasovich/NA/Enron@ENRON, Richard B Sanders/Enron@EnronXGate, Richard
Shapiro/NA/Enron@ENRON, Robert Frank/NA/Enron@ENRON, Sarah
Novosel/Corp/Enron@ENRON, Susan J Mara/NA/Enron@ENRON

Subject: Re: NEW DRAFT OF ENRON STATEMENT

I know we are holding for a later filing, but I have attached further
comments anyway.  The document is still too rough to send out.  We need to
take the opportunity, as soon as possible, to get a hard hitting, thoroughly
researched and carefully written document in front of the Commissioners.
California's reaction to the Judge's recommendation is likely to give FERC
(especially the new commissioners) a feel for how irrational the California
politicians can be.  We will have a limited opportunity to take advantage of
that realization.  We need to hit it hard in the pleading, our conversations
at the Commission, the Hill and the media.

Linda Robertson
07/09/2001 09:58 AM
To: James D Steffes/NA/Enron@Enron
cc: Alan Comnes/Enron@EnronXGate, Carole Hodge/ETOL/EU/Enron@ETOL,
dwatkiss@bracepatt.com, Jeff Dasovich/NA/Enron@ENRON, Richard B
Sanders/Enron@EnronXGate, Richard Shapiro/NA/Enron@ENRON, Robert
Frank/NA/Enron@ENRON, Sarah Novosel/Corp/Enron@ENRON, Steven J
Kean/NA/Enron@ENRON, Susan J Mara/NA/Enron@ENRON

Subject: Re: NEW DRAFT OF ENRON STATEMENT

Let me emphasize that these comments are to be filed COB TODAY.

	James D Steffes
	07/09/2001 10:50 AM

		 To: Robert Frank/NA/Enron@Enron, Steven J Kean/NA/Enron@Enron, Richard
Shapiro/NA/Enron@Enron, Linda Robertson/NA/Enron@ENRON, Sarah
Novosel/Corp/Enron@ENRON, Carole Hodge/ETOL/EU/Enron@ETOL, Richard B
Sanders/Enron@EnronXGate, dwatkiss@bracepatt.com, Alan
Comnes/Enron@EnronXGate, Susan J Mara/NA/Enron, Jeff Dasovich/NA/Enron@Enron
		 cc:
		 Subject: NEW DRAFT OF ENRON STATEMENT

HERE IS THE MOST RECENT STATEMENT WITH STEVE'S COMMENTS.

Jim


I can't open this.

 -----Original Message-----
From: 	"Deborah Prettyman" <dprettyman@bracepatt.com>@ENRON [mailto:IMCEANOTES-+22Deborah+20Prettyman+22+20+3Cdprettyman+40bracepatt+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Thursday, June 14, 2001 4:50 PM
To:	RSander@ECT.Enron.Com
Subject:	Letter to Keith Wier

 - 1299113.01


FYI - we had a bomb threat this am.
----- Forwarded by Steven J Kean/NA/Enron on 11/07/2000 12:05 PM -----

	Karen Denne
	11/07/2000 11:25 AM

		 To: Steven J Kean/NA/Enron@Enron, Mark Palmer/Corp/Enron@ENRON
		 cc:
		 Subject: EBS Update

Shelly just called with some updated (and revised) information:

The location of the threat was our Loop Central Office, 4828 Loop Central
Drive, suite 620.  It's an office building, and we have about 50 IT and
software engineers in that office.  There is no signage identifying Enron on
the building or on the suite.  One of our employees in the office received
the call.  The police responded, evacuated and searched the building but did
not find anything.  All employees have returned to the building.  Ch. 13 was
at the site briefly.


for your review and approval.  I have your signature on this one.
---------------------- Forwarded by Kay Mann/Corp/Enron on 04/25/2001 10:02
AM ---------------------------

"Campbell, Carolyn" <CCampbell@KSLAW.com> on 04/25/2001 09:44:16 AM
To: "'gregorylang@paulhastings.com'" <gregorylang@paulhastings.com>,
"'iparker@freshfields.com'" <iparker@freshfields.com>,
"'rvicens@deltapower.com'" <rvicens@deltapower.com>,
"'estelle.a.lawrence@citi.com'" <estelle.a.lawrence@citi.com>
cc: "'kay.mann@enron.com'" <kay.mann@enron.com>, "'stephen.thome@enron.com'"
<stephen.thome@enron.com>

Subject: Final Escrow Agreement is Really Attached this Time

 <<2XQG06!.DOC>>

Ladies and Gentlemen:

The final escrow agreement is attached.  Thanks.

Carolyn M. Campbell
King & Spalding
713-276-7307 (phone)
713-751-3280 (fax)
ccampbell@kslaw.com <mailto:ccampbell@kslaw.com>

Enclosure:  137032v6

                    Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended
exclusively for the individual or entity to which it is addressed.  This
communication may contain information that is proprietary, privileged or
confidential or otherwise legally exempt from disclosure.  If you are not the
named addressee, you are not authorized to read, print, retain, copy or
disseminate this message or any part of it.  If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.

 - 2XQG06!.DOC


At least some reporters/columnists get it.  This is a column from the
National Post in Canada.

Eric
------------------------------------------------------------------------------
----------------------------------------------------------------------
Priggish and piggish in California
Mark Steyn
National Post
A hurricane devastated Tristan da Cunha last month. It swept in May 23, but
no one heard about it till the other day because it damaged the island's
radio link to the outside world. The storm blew sheep into the chilly South
Atlantic, killed many cattle, damaged every single home on the island,
demolished the hospital and community centre, blew the roof off the radio
station, and wrecked the Albatross, the only pub in the only village,
Edinburgh of the Seven Seas. For a week after the storm, the entire island
was without electricity.
And no one in the rest of the world knew a thing about it! Not the island's
colonial masters in London. Not the Governor, who doesn't actually reside
there but prefers to live 1,260 miles away on St. Helena, Tristan da Cunha's
nearest neighbour. (St. Helena is Manhattan to Tristan's Weehawken, New
Jersey.) Plunked in the ocean midway between Argentina and South Africa,
Tristan da Cunha is the world's most isolated human settlement. Its contact
with the rest of humanity is limited to one annual visit from a British
supply vessel, plus the occasional cruise ship, which anchors offshore when
it's safe to do so.
Now that's living off the grid.
The East India Company won a charter to settle Tristan in 1658, and it's been
a Crown colony since 1834, populated by a handful of families from the
Scottish borders. There are just seven surnames on the island: Glass, Green,
Hagan, Lavarello, Repetto, Rogers and Swain. All 290 of them turned up in
London 40 years ago, when the island's volcano erupted and they were
evacuated to the Imperial capital. In the roaring traffic's boom, midst the
glitter of one of the world's great cities, the islanders voted to return
home -- though even getting there was tricky, as their landing dock was
covered in lava. Today the colony is virtually self-sufficient in food and
has a reasonably thriving economy based on crawfish and selling its
commemorative postage stamps to overseas philatelists.
London has offered o75,000 to repair the communications equipment and pay for
a new hospital. (You can build a hospital for under 75,000 quid? Amazing.)
Otherwise, the islanders are just doing what they usually do: making the best
of things. While they're waiting for the new hospital, they've arranged for a
South African fishing vessel to ferry out a second-hand X-ray machine when it
sails next week.
Now, consider by way of contrast, the inhabitants of what George W. Bush
amusingly calls "the great state of California." Once upon a time, California
was, like they say of Tristan da Cunha, "the furthest thing," at least in
terms of the North American continent. Today, with a population the size of
Canada's, it's one of the world's largest economies, the home base of
America's biggest industry -- entertainment. But inside many a studio
vice-president is a Tristan da Cunha islander trying to get out. Deep in
their hearts (assuming, for the purposes of discussion, that studio
vice-presidents have hearts), they share the same rugged virtues as the
Tristanians, though they prefer something a little better than a $100,000
hospital and they've no desire to scrape a living from catching crawfish, but
if the pool boy wants to have a go up the deep end he's welcome to try.
And therein lies the contradiction. California's self-inflicted energy crisis
has exposed the preposterousness of poseur-conservationism in a booming
economy. Which state has the most rigorous conservation program? California.
Which has the lowest per capita electricity consumption? California. And
which state is panicking at the prospect of a summer of rolling blackouts? By
now impeccably progressive California should have learned the hard way that
conservation is not a viable policy for a non-stagnant economy.
Instead, a rolling blackout here, a rolling blackout there, and they're
running around like headless chickens. Governor Gray Davis is lashing out at
everyone in sight -- Bush and Cheney are "irresponsible," the power
generators are "unconscionable" -- no, wait, they're "snakes" and "robber
barons." And how do you treat unconscionable robber snakes like Ken Lay, CEO
of Enron Corp.? "I would love," said Bill Lockyer, California's
Attorney-General, "to personally escort Lay to an 8x10 cell that he could
share with a tattooed dude who says, 'Hi, my name is Spike, honey.' "
As the state's Attorney-General, Mr. Lockyer cannot summarily sentence
citizens to anal rape, but no doubt, once the guy's convicted, he can make
some quiet recommendations as to appropriate cell mates. Fortunately for Mr.
Lay, as chief exec of the world's largest energy trader, he doesn't live in
California, he lives in Texas. Indeed, very few of the folks the State of
California would like to sic Spike on are within their jurisdiction:
Doubtless the taxpayers of British Columbia, whose BC Hydro has been living
high off the hog on California's woes, could also use a little light buggery,
but I can't see a Canadian court approving extradition. Nevertheless, in a
state that's over-regulated, bans new power plants and is addicted to price
caps, Mr. Lockyer has ingeniously managed to come up with yet another
disincentive for anybody in the energy business to relocate to La-la-land.
California bought into the soft-eco Sierra Club illusion -- that somehow one
could be a conservationist, with no consequences for one's economic
well-being. To put it in terms Californians can understand: Suppose you build
a house out in the desert. But you don't want to buy a car, because that's
bad for the environment, isn't it? So instead every morning you call a
taxicab in the city to drive out, pick you up and take you into the office.
Not only does it have no environmental benefit but there's no point bitching
and whining because the driver charges you a fare that bears no relation to
the cost of gas.
Yet that's what Governor Davis and the Anal Attorney are demanding: price
caps. Through its own incompetence, California is wholly dependent on energy
generators and distributors from other jurisdictions. But it expects those
companies to forgo the interests of their own stockholders and service
California -- i.e., Hollywood and Silicon Valley -- as an act of public
welfare. "A 500% profit is swine-like, piggish and totally unreasonable,"
says Medea Benjamin of the California human rights group Global Exchange.
She may have a point, but, if California's going to institute price caps,
they might like to start closer to home. After all, if Enron's board members
don't really need those big salaries, do Paramount's or Universal's? I mean,
sure, Ken Lay has an easy job, but how difficult is it for an exec honcho in
Century City to sit at a desk and greenlight another John Travolta flop every
couple of months? I mean, surely, the guy could do the job on, oh, $25,000 a
year. And that'd be good for conservation, 'cause he'd have to give up the
Merc and the Cherokee and the LearJet and take the bus. And how about
Travolta? Instead of $20-million per picture, maybe he could get by on just
two or three and the remaining $17-million could be put into those renewable
energy projects he's so keen on. I mean, a $20-million salary isn't just
swine-like, it's piggish, right?
Since its entry into the Union, California has had what we 19th-century
imperialists call "responsible government." Tristan da Cunha doesn't. Yet its
community leaders are behaving far more maturely and responsibly than
California's. Gray Davis is acting not like the elected Governor of an
American state but the appointed Governor of a Crown colony, feverishly
cabling head office to send somebody out to rescue him. You're on your own,
man. And, if California conservationists find rolling blackouts too onerous,
they should try spending a week in the dark, cut off from the outside world
and knowing that, even when the radio starts working again, it's going to
take months for the second-hand X-ray machine to arrive.


**Clarification**

Harassment Prevention Training

This training is mandatory for all Enron employees employed since the last
seminar was conducted  in late 1998 or early 1999.  Those who have already
attended Enron harassment avoidance training will be offered a refresher
course in avoiding and preventing harassment.

To contribute our personal best at ENRON, our conduct must promote respectful
and co-operative work relationships. Workplace harassment conflicts with
ENRON's vision and values and violates Company policy.  Harassment also can
violate federal and state laws.  By understanding what harassment is and its
potential harm, we can prevent it in our workplace.

During this training you will:

 Be able to recognize harassment
 Learn to take precautions against being harassed
 Learn to avoid being considered a harasser
 Know how to address a situation involving harassment
 Learn how harassment prevention is consistent with ENRON values

Please click here (  )  to sign up for the session of your choice.    If you
have problems registering or have any questions, please call 713 853-0357.

We are pleased to announce that all employees of EWS and EES will receive
harassment prevention training.

The dates and times available for the sessions are:

 Friday, Feb 23; 1:00 - 2:30; 2:45 - 4:15
  Monday Mar 5; 1:00 - 2:30; 2:45 - 4:15; 4:30 - 6:00

All training sessions will be held in the LaSalle Room at the DoubleTree
Hotel.
There is a $50 charge for each attendee in the training session.


Start Date: 1/30/02; HourAhead hour: 4;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002013004.txt


Please place on your calendar  I have Jury Duty Monday April 24th.


-----Original Message-----
From: aw-confirm@ebay.com [mailto:aw-confirm@ebay.com]
Sent: Monday, November 26, 2001 10:24 PM
To: rstrenger@businessedge.com
Cc: scott.neal@worldnet.att.net
Subject: eBay Request total for Item#1301501330 (4 Big 12 Championship
Tickets (Lower Level))

Dear rlstrenger,

The buyer, sneal120,  would like to know the total amount for the item
below. To help you calculate the total, the shipping address is included
below.
The buyer entered the following message: please send payment
instructions
To create and send an invoice to the buyer, click here:
http://cgi3.ebay.com/aw-cgi/ebayISAPI.dll?UnifiedCheckoutSellerUpdateDetails
&itemId=1301501330&transId=0
Alternatively, you may contact the buyer directly.

Details:
----------

    Item Title:         4 Big 12 Championship Tickets (Lower Level)
    Item #:             1301501330
    Item Price:         535.00
    Quantity:           1
    Buyer:              sneal120
    Buyer email:        scott.neal@worldnet.att.net
    Date of Request:    Monday, Nov 26, 2001 20:24:07 PST

    Buyer Shipping Address:
	Scott M Neal
	13603 Pebblebrook
	Houston, TX 77079
	United States

If you have any questions, you can contact the buyer at
scott.neal@worldnet.att.net.

Remember: eBay will not ask you for sensitive personal information (such as
your password, credit card and bank account numbers, Social Security
numbers, etc.) in an email.

Copyright 1995-2001 eBay Inc. All Rights Reserved. Designated
trademarks and brands are the property of their respective owners.


---------------------- Forwarded by George Hopley/HOU/ECT on 12/13/2000 12:28
PM ---------------------------

HGP Inc <hgpbus@home.com> on 12/13/2000 10:54:42 AM
To: Kevin.M.Presto@enron.com, George.Hopley@enron.com,
Mark.Dana.Davis@enron.com, FSturm@enron.com, Rogers.Herndon@enrom.com
cc:
Subject: Weekly Monitoring Report

Attached are the two files providing the Weekly Monitoring Report.  One
file includes the summary page and the other file has the detail for
each unit monitored.

The monitoring report for the eight Western units has been sent to Tim
Belden.

If you have any questions, please call.

Dan
 - East Summary 001213.doc
 - East001213.doc


Steve:
Pete van de Gohm asked me to send these presentation slides along to you, as
a follow up, I believe, of  your recent conversation w/ him.
The presentation is one I developed at the request of GSS, and have
delivered, to date, to a group there, and to the EES general audience. It's
entitled:
Coming Full Circle: A Plausible Future for Power Generation. In it, I lay
evidence that supports a coming change in the overall model for power
generation.
I'd be happy to send more detail (presentation text) if you're so interested.
Regards,
Amy


I will start drinking heavily.  I propose a huge night out when you get back!

 -----Original Message-----
From: 	markmuller <8774754543@skytel.com>@ENRON
Sent:	Friday, January 18, 2002 7:24 PM
To:	Kitchen, Louise
Subject:

Bang, Bang Baby


The report named: CE P/L <http://trv.corp.enron.com/linkFromExcel.asp?report_cd=4&report_name=CE+P/L&category_cd=3&category_name=CENTRAL&toc_hide=1&sTV1=3&TV1Exp=Y&current_efct_date=10/09/2001>, published as of 10/09/2001 is now available for viewing on the website.


December 4th Quarter Forecast - Submitting the Final NNG/TW 4th Quarter
Forecast  to ETS by EOD today.  Officer Review today at 1:30 PM in the VCR.
This is the last legal entity earnings review.  Beginning in 2001, budget,
forecast and current estimate reviews will be prepared and held at a
functional level.  (Bob,  I will give you the IBIT numbers this afternoon).
We are working with Accounting and Property to finalize November actuals and
thus, our 2000 estimates.

2001-2003 Plan -  Will be reconstructing Plan for the reorganization
throughout the next month or two.  Working with Palu Goradia & Larry Fenstad
to transition Operations Budget files.  Will be working with Steve Gilbert
and Tracy Geaccone to transition Legal Entity rollups to them.  Several
meetings scheduled for next week.

TW Train Derailment - Working with Enron's Risk Management, Legal, TW
Commercial, Operations, and the outside Insurance Adjuster to support our
claims.  Received preliminary request for documentation from Business
Interruption Specialist Accounting Firm on December 1st.  Will review volume
and contract information from Commercial with Legal and submit to Risk when
complete.

Continuing work on transition plan and staffing needs for new ETS
Organization.  Met with each of Phil Lowry's Direct Reports to gauge their
support needs.

Completed the ETS Finance & Accounting PRC !


you bet.  you're on.

best,
Jeff


Please see the attached. I will let you know tomorrow if we need answers for ENA or not.   Julia

 -----Original Message-----
From: 	Murray, Julia
Sent:	Friday, November  23, 2001 6:47 PM
To:	Mccrory, Ian; Aronowitz, Alan
Cc:	St. Clair, Carol
Subject:

  Thanks so much for all of your help.  The following is a recap of the questions asked.

 1. Describe the types of transportation used by ENA/Enron to transport raw materials and finished product.
2.  Identify states through which ENA/Enron  transports raw materials and finished product.

3. Describe the goods,  materials, or product used inthe ordinary course of business, if any, that are imported from outside of the US.  Approximately what percentage of the total goods, materials, and products in the ordinary course of business are imported?
2  Describe the goods, materials, or products, if any, that are exported from the US.  Approximately what percentage of the total goods, materials, or products produced by the Debtors are exported?
3. Do you employ any customs brokers? What serrvice do they perform on behalf of ENA/Enron?
4. Besides customs duties that are imposed on imported on imported and exported goods, material, and products are there any additional fees associated with the importation or exportation of goods?
5. What is the standard operating peocedure for payment of customs obligations?
6. How often are customs duties and customs broker charges  paid?
7. What is the average monthly accrued and unpaid customs duties?
8. Is there a letter of credit or surety bond posted to secure customs obligations?

   In addition, please advise re warehouse and storage costs as well, i.e., costs, types of contracts, etc.

Thanks again.   Julia

JuliaHeintz Murray
Managing Director and General Counsel
Enron Wholesale Services
Enron Industrial Markets LLC
1400 Smith Street, EB3838
Houston, Texas  77002
Phone: 713/853-3439   Fax:  713/646-3393
julia.murray@enron.com