----- Forwarded by Tana Jones/HOU/ECT on 11/06/2000 09:01 AM -----

	exchangeinfo@nymex.com
	11/06/2000 08:33 AM

		 To: tana.jones@enron.com
		 cc:
		 Subject: (00-376) Margin Rate Change for COB, PV, and Mid-C

Notice No. 00-376
November 6, 2000

TO:
ALL NYMEX MEMBERS AND MEMBER FIRMS
ALL NYMEX CLEARING FIRMS
ALL NYMEX OPERATIONS MANAGERS

FROM: Neal Wolkoff, Executive Vice President

SUBJECT: MARGIN RATE CHANGE

Effective Date: Monday, November 6, 2000  (close of business)

Futures Contracts: California Oregon Border, Palo Verde, and Mid-Columbia
Electricity Futures

Contract Months: All months

Rate Change:
NYMEX Division Margins on California Oregon Border, Palo Verde, and
Mid-Columbia Electricity Futures Contracts

Effective Date: Monday, November 6, 2000  (close of business)

Clearing Member (Maintenance Margin): Old: $5,000      New: $3,000
Member Customer (Initial Margin): Old: $5,500     New: $3,300
Non-Member Customer (Initial Margin): Old: $6,750      New: $4,050

Should you have any questions regarding these changes, please contact Arthur
McCoy at (212) 299-2928 or Joe Sanguedolce at (212) 299-2855.  This notice
supersedes all previous notices regarding outright margins for the NYMEX
California Oregon Border, Palo Verde, and Mid-Columbia Electricity Futures
Contracts.

__________________________________________________
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&refdoc
=(00-376)"

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.


USCAA Track & Field Championships, June 9, 2001
The Enron Running Club is seeking runners, sprinters, discus & shot put throwers, and high jumpers & long jumpers to compete in the annual USCAA Track & Field Championships on Saturday, June 9th at Rice University.  Participate in co-ed track relays & field events of all ages and abilities; showcase your energy and talents in a challenging, competitive, and fun environment; participate in an Enron tradition since 1994; experience teambuilding and camaraderie like never before!  For more information or to sign up, contact Cindy Richardson at x3-4770 or sprint to:  http://home.enron.com:84/erc/index.html

Heights Fun Run 5K
Join the Enron Running Club at the Heights Fun Run 5K benefiting The Houston Heights Association's Community Projects scheduled for Saturday, June 2nd.  If you're interested in running or volunteering your time, please contact Cindy Richardson at 713-853-4770 or Kelly Lombardi at 713-345-5841.  For more information, run to: http://home.enron.com:84/erc/index.html.

Dad's Day 5K
Join the Enron Running Club at the Dad's Day 5K and 1 Mile Family Walk benefiting The Prostate Cancer Research and Awareness scheduled for Saturday, June 2nd.  If you're interested in running or volunteering your time, please contact Cindy Richardson at 713-853-4770 or Kelly Lombardi at 713-345-5841.  For more information, run to: http://home.enron.com:84/erc/index.html.

Stop by for some Texan BBQ, fresh air and Entertainment at Antioch Park

The Assist The Officer Foundation (ATO), a non-profit organization working independently,  is inviting all Enron employees to come by Antioch Park  on Friday, June 1st from 11am - 1pm and enjoy a delicious plate of BBQ for only $5.  Come and listen to the tunes of KRBE with Gabe, their mobile DJ, and raffles with many prizes will be given away.  Raffle tickets will be $2 each or 3 for $5.  ATO is dedicated to assisting Houston peace officers injured or disabled in the line of duty.  Please come out and support your local law enforcement professionals.

The Caladium plants that are in the huge plant pots throughout the Plaza are going to be replaced and will be available for purchasing on Monday, June 4th for $4.00 in the Plaza by the up escalator from 11 a.m. to 12 p.m..

Join us in Dublin or Honolulu ----Joints in Motion is a marathon training program for walkers and runners that is aligned with a fundraising effort for the Arthritis Foundation.  The Dublin Marathon will be held Oct. 29 and the Honolulu marathon will be December 9.  Please call for more information at 713-529-0800.

Volunteer for the Boys & Girls Club Summer Camp Weekends!!!
Kevin Hannon, Boys & Girls Club board member, invites you to join Enron employee John Cote at a Boys & Girls Club summer camp who is looking for commitment from a FEW GOOD ENRON MEN AND WOMEN:

WHAT: 		2nd Annual Houston Boys and Girls Club / Enron Summer Camp Weekend (2 camps)

WHEN:  	Boys Camp
		Friday afternoon (3:00 - 6:00pm), June 22 through Sunday afternoon, June 24
		--OR--
		Friday afternoon (3:00 - 6:00pm), July 20 through Sunday afternoon, July 22

		Girls Camp
		Friday afternoon (3:00 - 6:00pm), July 6 through Sunday afternoon, July 8
		--OR--
		Friday afternoon (3:00 - 6:00pm), July 13 through Sunday afternoon, July 15

WHERE:	Willis, TX (75 minutes from downtown Houston -- just north of Conroe)

WHO: 		6-8 counselors per camp to chaperone 75 boys (ages 7-16)

HOW: 		Share all sports activities, including canoeing, hiking, fishing, organizing a talent 			show/bonfire/ghost stories, obstacle course, water balloon fights, softball, basketball, 		archery, football, etc.  (Cooking and clean-up covered by the Houston Boys Club staff.)

CONTACT:	John A. Cote at ext. 33830

SPREAD THE WORD.  SPOUSES & OFFICE COLLEAGUES WELCOME.
LAST YEAR'S CAMP WAS A HUGE SUCCESS!

Volunteers Needed for Bring Your Child to Work Day!

Bring Your Child to Work Day is Friday, June 29

Please email Jennifer Milligan if you are interested in volunteering and indicate your preference in the below activities:

Registration Table
Houston Police Dept / Stranger Danger / Fingerprinting
Outdoor Activities (SPCA pets, Balloon King, kids crafts, etc.)
Business Etiquette class
Business Art (kids' resumes, etc)
Lunch ticket sales/coordination (in Antioch Park)

The Enron Running Club and the Houston Corporate Athletic Association are seeking volunteers to assist at the annual USCAA Track & Field Championships on Saturday, June 9th at Rice University.  There are many volunteer opportunities requiring little or no experience including timers, scoring, lane judges, cheering on athletes and more!  We are looking for employees, families and friends that can contribute a few hours or who are willing to spend the day benefiting a great cause.  If you are interested or would like more information, please contact Kelly Lombardi at x3-8491.

Many volunteers are needed to help with the planned activities for the Enron Children on June 29th.  If you're interested, send your name and phone extension to workperks.enron.com.

Support KidSave and Help Miracles Happen. Every Summer.

Kidsave's  Summer Miracles Program enables orphaned children ages 5 to 11 to travel to the  US and Canada, live with families and attend day camp. The program gives  families who may be concerned about the problems of adopting an older child a chance to meet, get to know and in the best-case scenario, fall in love with a  child. The program gives prospective parents an opportunity to see and evaluate  first-hand the challenges and rewards of adopting an older  child.

In 1999 and  2000 Kidsave and adoption agency partners placed 432 children - 96 percent of  children who participated in the program. Generally, 85 to 90 percent of  children who participate in the program find homes easily through the program.  The remaining 10 to 15 percent require more work.

Kidsave  believes every child deserves a family. We are committed to placing all children  who participate in the Summer Miracles Program in permanent families or  family-like environments.

We are looking  for families to host children, and for others who want to help us make the camp  program happen for these 250 children.   As a non-profit organization, Kidsave depends on donations to raise the  money to bring these children here and find them families.  Please call Tonya Hoppe at 281.286.8948  or tonya@tonya.cc to get involved in Houston's  Kidsave program.

Find Out how to Join The Downtown Club May 29 & 30!
The Downtown Club (formerly The Met-Business & Sports Club)Membership representatives from The Downtown Club will be in the Enron Plaza Tuesday-Wednesday, May 29-30, from 11 am - 1 pm to discuss membership, the new "Signature Gold" program (see attached file for more information), and a new membership referral program.  Don't miss out on this opportunity to join the Downtown Club or to upgrade your current membership.  As a reminder, a $200 initiation fee is required for new memberships.   For more information, contact The Downtown Club Membership Services department at 713-652-0700 or Georgia Fogo, ext. 3-5609.

http://home.enron.com:84/messaging/siggoldcourses.pdf

Enron and Kidventure Camps are proud to bring you Camp Enron Summer 2001.  Celebrating our third year, Camp Enron  will once again be providing summer camp for children, ages 5-13, of Enron employees and contractors.

This year, camp will be May 29-August 10.  Ten, one-week sessions will be  available and families may choose to attend any or all sessions.  Each camp week is Monday through Friday.

The cost is $150 per week and includes all transportation, field trips and activities.  A deposit of $50 per week is all that is needed to reserve your sessions.   The deadline to register is Monday, May 21.

To register, log on to: http://www.kidventurecamp.com/camp_enron.htm.   Spaces are limited.

Enron parents simply ride to work with  their children and check them in to the Energizer in the morning with the Camp Enron Team.  Enron Campers are loaded on Coach USA Buses and transported to our nearby camp. At the end of the day campers are brought back to the Energizer for parents to check out.

It's that easy!

For more information please contact:

web site: www.kidventurecamp.com
call Kidventure: 713.960.8989
e-mail: camps@kidventurecamp.com

Have News to Share?
To post news or events in Enron In Action, please e-mail your information to EIA@enron.com
no later than 12:00 noon the Thursday prior to the next Monday's mailing.


Hi Steve,

It was great meeting with you the other day and I feel like the community
involvement opportunities we discussed may be a very good fit!  As a
follow-up to our discussion, I have listed below a few organizations where
you and your daughters could volunteer together.  I am more than happy to set
up any meetings or gather additional information.  Regarding the opportunity
to join the board of Girls, Inc., I will gladly call Phyllis Faykus-Dutton,
the Executive Director, to set up a meeting between the two of you or simply
to find out any other details.  Please let me know if I can be of further
assistance.

Thanks,
Misha
3-7682

Volunteer Opportunities:
Texas Children's - Contact:  Zelly Tourais  832-824-2251
Ronald McDonald House - Contact: Anganette Blewer  713-795-3582
Sunshine Kids - Contact: Sonya Villarreal  713-524-1264
Herman Children's Hospital - Contact: Marsha Weiss  713-704-4141


Would you have an objection to mapping the East Texas Gas System to the
Carthage curve as opposed to the Texoma curve?


Heres the latest with the PGE changes.   I will send the latest when Robert
reviews the SDGE and SCE portions

 -----Original Message-----
From:  Dasovich, Jeff
Sent: Friday, May 11, 2001 10:59 AM
To: Soo, Jeffrey A.; Tribolet, Michael; Neustaedter, Robert
Subject: DRW credit accumulation

----- Forwarded by Jeff Dasovich/NA/Enron on 05/11/2001 10:58 AM -----

	Michael Tribolet/ENRON@enronXgate 05/09/2001 03:58 PM 	   To: Jeff
Dasovich/NA/Enron@Enron  cc:   Subject: DRW credit accumulation

 << File: m010508.xls >>


-----Original Message-----
From: Stein, Neil [mailto:neil.stein@csfb.com]
Sent: Wednesday, September 05, 2001 6:49 PM
To: undisclosed-recipients
Subject: FW: Power Generation: A Regional Analysis of Supply and
Demandin the US Power Market

>  <<powergen-firstcall1.pdf>>
>
Good Evening,

> Attached, please find an abridged version of our 76-page report in which
> we provide our supply and demand outlook for 12 regions across the US.
>
> Summary:
> 1. The Power Markets Are Regional In Nature   The fragmented US
> transmission system results in significant regional power pricing and
> economic disparities.  In order to fully understand this industry, macro
> analyses of the US market must be supplemented with an in-depth assessment
> of its individual regions.
> 2. Announced Projects Cannot Be Taken At Face Value   Out of the 285,487
> MW of project announcements we have identified, only 26% are actually
> under construction.  Our base case analysis suggests that only 53%
> (149,944 MW) of the announced projects will be completed.
> 3. Shortages Will Persist In Several Key Markets   Owing to a combination
> of current supply shortages, capacity retirements and demand growth, we
> estimate that the entire US will need 207,689 new MWs by 2006 in order to
> achieve an equilibrium 18% capacity margin.  This requirement is 39% above
> our base case buildout forecast.  Consequently, we project a 2006 capacity
> shortfall of 57,745 MW.  Our analysis indicates that supply shortages will
> be most pronounced in the Mid-Atlantic, New York, parts of the Midwest,
> and the Southeast.
> 4. Positive Implications For Generators   Our findings have positive
> implications for selected generators.  We believe that Calpine (CPN,
> Strong Buy), Entergy (ETR, Buy), Mirant (MIR, Buy), NRG Energy (NRG, Buy),
> PPL Corp. (PPL, Buy), and Reliant Resources (RRI, Buy) are best positioned
> within this market.
>
> Regards,
>
> Neil Stein   212/325-4217

This message is for the named person's use only.  It may contain
confidential, proprietary or legally privileged information.  No
confidentiality or privilege is waived or lost by any mistransmission.
If you receive this message in error, please immediately delete it and all
copies of it from your system, destroy any hard copies of it and notify the
sender.  You must not, directly or indirectly, use, disclose, distribute,
print, or copy any part of this message if you are not the intended
recipient. CREDIT SUISSE GROUP and each of its subsidiaries each reserve
the right to monitor all e-mail communications through its networks.  Any
views expressed in this message are those of the individual sender, except
where the message states otherwise and the sender is authorised to state
them to be the views of any such entity.
Unless otherwise stated, any pricing information given in this message is
indicative only, is subject to change and does not constitute an offer to
deal at any price quoted.
Any reference to the terms of executed transactions should be treated as
preliminary only and subject to our formal written confirmation.


It's a little far off into the future, but NARUC will be in San Diego on Nov.
12-15 (odd coincidence?).  Might be a good place to do some messaging.


** Reply Requested When Convenient **

John,
Per our conversation, I am looking for a NYMEX plus basis quote for two customers in the Virginia Area for Nov01 through March02.  One customer is located on TCO Op10 Mkt Area30 and the other customer is located on TCO Op10 Mkt Area31.  Attached is their historical profile.  Please let me know if you can deliver primary firm into these market areas.  Thanks very much.

I appreciate your help.

Aiysha Billings
Alliance Energy Services
502-214-6364

 - VirginaCustomers.xls


For anyone interested in reading about federal contracting opportunities,
attached below is a memo that Bracewell & Patterson did for EBS Legal in
response to EBS's interest in doing business with the IRS.  Thanks.

Lara
----- Forwarded by Lara Leibman/NA/Enron on 06/08/2001 08:56 AM -----

	Lara_Leibman@enron.net
	06/07/2001 10:03 AM

		 To: lara.leibman@enron.com
		 cc: Gil_Melman@enron.net
		 Subject: EBS Federal Contracting Opportunities-E copy

thanks gil!

----- Forwarded by Lara Leibman/Enron Communications on 06/07/01 10:12 AM
-----
|--------+----------------------->
|        |          Gil Melman   |
|        |                       |
|        |          06/05/01     |
|        |          10:20 AM     |
|        |                       |
|--------+----------------------->
  >--------------------------------------------------------------------------|
  |                                                                          |
  |       To:     Lara Leibman/Enron Communications@Enron Communications     |
  |       cc:                                                                |
  |       Subject:     EBS Federal Contracting Opportunities-E copy          |
  >--------------------------------------------------------------------------|

----- Forwarded by Gil Melman/Enron Communications on 06/05/01 10:27 AM -----
|--------+----------------------->
|        |          akrachman@bra|
|        |          cepatt.com   |
|        |                       |
|        |          06/01/01     |
|        |          01:28 PM     |
|        |                       |
|--------+----------------------->
  >--------------------------------------------------------------------------|
  |                                                                          |
  |       To:     Gil Melman/Enron Communications@Enron Communications       |
  |       cc:                                                                |
  |       Subject:     EBS Federal Contracting Opportunities-E copy          |
  >--------------------------------------------------------------------------|

Gil,

Here is an electronic version of the memorandum.  I will look forward to
speaking with you.

Regards, Al

CONFIDENTIALITY NOTICE:  The information contained in this email message is
ATTORNEY PRIVILEGED AND CONFIDENTIAL INFORMATION intended ONLY for the use of
the individual or entity named herein.  If you are not the intended recipient
or
the employee or agent responsible for delivering it to the intended recipient,
please be advised that any dissemination, distribution or copying of this
communication is strictly prohibited.  If you have received this communication
in error, we request that you immediately notify us by return e-mail or
telephone at (202) 828-5824, and delete the original message from your system.
Thank you for your cooperation.

Al Krachman
Bracewell & Patterson, L.L.P.
2000 K Street, N.W.
Suite 500
Washington, D.C. 20006-1872
202-828-5824
202-857-2118 fax
akrachman@bracepatt.com

 - ebs1.pdf


so.......wuz up?  sooooooo bored- whole office on conference call rt now.  have actually been busy today- nice chge of pace.  how was the weekend w/ the expecting couple?
e

Join the world's largest e-mail service with MSN Hotmail. Click Here


Daren:

During the period of 9/1/99 to 9/30/99, the above meter has recorded flow on
the following days with no deals attached:

 Days   Mmbtus

 9/1/99                  0
 9/2/99                29
 9/3/99                  4
 9/4/99                  4
 9/5/99                  4
 9/6/99                40
 9/7/99                27
 9/8/99                  0
 9/9/99                30
 9/10/99                69
 9/11/99                71
 9/12/99                79
 9/13/99                68
 9/14/99                73
 9/15/99                97
 9/16/99                99
 9/17/99                93
 9/18/99                96
 9/19/99                89
 9/20/99                57
 9/21/99              108
 9/22/99              123
 9/23/99              111
 9/24/99                95
 9/25/99              102
 9/26/99                80
 9/27/99                78
 9/28/99              113
 9/29/99                             194
 9/30/99                             131

                          2,164

Currently, these volumes are being booked under the HPL Strangers Gas
Contract.  Logistics needs either a deal to record these volumes which have
flowed into HPL's  pipeline or Logistics needs approval to writeoff these
volumes to Unaccounted for Gas.  (Please print, sign, and return original to
Clem Cernosek).  There was no deal at this meter the previous month or the
later month.

 Deal/DealTicket#/Customer (Seller/Buyer)

    OR

 ________________________________________________________
 APPROVAL to Writeoff the volumes to Unaccounted for Gas Loss

Thanks, Clem


FYI - Thought you might be interested in Gary Smith's response to these questions
 -----Original Message-----
From: 	Corman, Shelley
Sent:	Friday, November 30, 2001 7:33 PM
To:	January, Steve
Subject:	FW: UPDATE - Reporting to Work Next Week

 -----Original Message-----
From: 	Smith, Gary
Sent:	Friday, November 30, 2001 7:00 PM
To:	Corman, Shelley
Subject:	RE: UPDATE - Reporting to Work Next Week

That's my understanding as well.

 -----Original Message-----
From: 	Corman, Shelley
Sent:	Friday, November 30, 2001 6:50 PM
To:	Smith, Gary
Cc:	Fagan, Fran
Subject:	FW: UPDATE - Reporting to Work Next Week

Okay, I've already had questions about statements in this memo.  My understanding of this is as follows:  In the event of bankruptcy, employees are guaranteed to be paid for work already completed up to an amount of $4650 (If the company were to file next week, this amount should be small since payday was today).  In addition, employees are paid for hours worked after bankruptcy at their normal salary or an amount the judge determines and such payments are not capped at $4650.

 -----Original Message-----
From: 	Enron Announcements/Corp/Enron@ENRON   On Behalf Of Ken Lay - Office of the Chairman@ENRON
Sent:	Friday, November 30, 2001 5:58 PM
To:	All Enron Employees United States Group@ENRON
Subject:	UPDATE - Reporting to Work Next Week

Many of you have asked whether you should come into the office next week, especially if there is no guarantee of being paid for time worked after today.  We want to encourage you to come to work.  We continue to consider every option available to us as a company; and unfortunately, restructuring through bankruptcy is one of those options.  Your continued efforts during these trying times are critical to the company as we go through this decision making process.

I still cannot say with certainty if or when we will file for bankruptcy.  But you should be aware that, in general, the bankruptcy code provides protection for employee salaries and wages earned within 90 days of a petition filing to the extent of $4,650 per employee.  I want you to know that if we file a bankruptcy petition, we intend to seek approval by the bankruptcy court to exercise that protection immediately and pay you for your time worked prior to any petition filing according to our regular payroll practices.  Additionally, Enron would be obligated and will pay salaries and wages earned after a bankruptcy filing. For Enron, where our value is directly tied to our employees, making sure that we meet these obligations will be a high priority.

We are continuing to evaluate the ongoing resource needs of the company for each potential option we might pursue.  Of course, until we finalize those business decisions, we cannot make that determination.  I know that this prolonged process is agonizing for you.  I can only continue to assure you that we will notify you of your employment status as soon as we are able to do so.

While terminated employees will tap into their own network of contacts as they look for new employment, we hope to do what we can to assist them.  We will tap into the contacts we have as a company to aid terminated employees in their job search.  We have already been in touch with several employers and many are interested in Enron alumni.  We will share more information on these efforts soon.

I appreciate your continued patience and cooperation.

Ken


gngr
713-853-7751
----- Forwarded by Ginger Dernehl/NA/Enron on 03/15/2001 10:27 AM -----

	Robert Frank
	03/15/2001 09:07 AM

		 To: Ginger Dernehl/NA/Enron@Enron
		 cc:
		 Subject:

Ginger - please forward this to all of GA.  Thanks.

This is a request for help from my colleagues in GA.  I am preparing Enron's
comments to the Federal Trade Commission concerning the results of different
"regulatory approaches" by states implementing retail electric competition
programs or legislation.  The FTC has invited comments on a number of
specific issues, but their goal is to "examine various state retail
competition programs and describe those features that have resulted in
consumer benefits and those that have not yielded consumer benefits."

There are some obvious areas where we'll comment - California - but I'd
appreciate people sending me specific examples of good or bad regulatory
policies in other states.   Also, does anyone know of any good reports or
analyses already prepared on these issues?   Thanks.  -Bob


FYI.

Jeff
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 01/12/2001
04:01 PM ---------------------------

Borislav Feschiev@ENRON
01/12/2001 03:37 PM
To: Jeffrey A Shankman/HOU/ECT@ECT
cc:
Subject: .. meeting !

Mr. Shankman,

I want to meet you to discuss ideas about Global LNG and a product that I
have developed.
Please let me know a time when we can meet!

Thank you,

Boris Feschiev


-----Original Message-----
From: Energy Market Report [mailto:emr@econ.com]
Sent: Monday, December 17, 2001 5:18 PM
To: Energy Market Report
Subject: Energy Market Report - 12/17/01

Energy Market Report
Monday, December 17, 2001

*See attached pdf file.
__________________________________________________________
Western Pre-Scheduled Firm Electricity Prices($/MWh)
December 17, 2001 for December 18, 2001

Peak(Heavy)
                   Low     Change     High     Change
NW/N. Rockies     27.25    -0.25      29.50     1.00
Mid-Columbia      27.25    -0.25      29.50     1.00
COB               30.00     1.00      32.00     1.50
N. California     32.00     2.00      35.25     0.75
Midway/Sylmar       NA       NA         NA       NA
S. California     32.00     1.00      35.25     2.75
Mead              31.75     1.75      33.50     0.50
Palo Verde        29.00     0.00      33.75     1.25
Inland SW         29.00     0.00      33.75     0.75
4-Corners         30.00     1.00      32.00     2.00
Central Rockies   27.75     2.50      31.00     4.25
__________________________________________________________
Off-Peak(Light)
                   Low     Change     High     Change
NW/N. Rockies     17.00    -7.50      24.25    -1.75
Mid-Columbia      17.00    -7.50      24.25    -1.75
COB               23.00    -2.75      24.00    -3.00
N. California     25.75    -0.25      28.40    -0.60
Midway/Sylmar       NA       NA         NA       NA
S. California     24.50    -2.50      28.40     0.40
Mead              22.50    -3.00      26.50    -0.50
Palo Verde        22.75    -1.25      27.00     0.25
Inland SW         22.50    -1.50      27.00     0.00
4-Corners         23.75    -1.25      26.50     0.00
Central Rockies   20.00     0.50      23.00     1.75
_________________________________________________________
West Up, But Outlook Bearish

Most peak power prices in the West rose slightly for Tuesday delivery amid
unplanned unit outages and rising spot gas prices.  Nonetheless, most
traders said the strength would have been more prominent had it not been for
rain-boosted flows in the Northwest, and near-seasonal temperatures
throughout much of the WSCC.  With holiday loads fast approaching and
longer-term weather forecasts calling for a mild end for the month, it was
not surprising that most balance-of-December contracts were on the decline
Monday.  Despite a stronger cash market, NYMEX Henry Hub natural gas futures
contracts declined Monday on forecasts calling for near-seasonal
temperatures, as well as some technical selling.  January Hub gas shed 16
cents to close at 2.686$/mmBtu, while February fell 14.7 cents to end at
2.761$/mmBtu.  Early estimates for Wednesday's AGA inventory report called
for a 20 to 80-bcf draw last week, well below the 158-bcf draw seen a year
ago, and the five-year average draw of 102 bcf.  Total U.S. inventories
stand at 3.106 tcf, or 37 percent above last year.  "We expect the storage
spread between this year and last to grow considerably in the next few
weeks, because last year we had huge draws due to sustained below-normal
temperatures, something that seems all too unlikely this year," said one gas
trader.  On a political note, Representative Joe Barton from Texas announced
the postponement of an electricity deregulation bill before Congress until
February.  The busy holiday season was cited as the reason, but most summed
it up to the nervousness from the Enron collapse.

Heavy load energy costs for Tuesday rose only marginally in the Northwest,
while light load goods were seen on the decline.  Seasonable temperatures
and recent heavy rains were prime culprits leading to the lackluster daily
market.  Peak power at the Mid-Columbia traded from 27.25 to 29.5$/MWh, with
the lowest prices reported out of the gate.  Light load goods saw action
anywhere between 17 and 24.25$/MWh, though most trades were done on the high
end of the spectrum, from 22 to 24$/MWh.  Flows remained healthy in the
rain-soaked region, with Chief Joseph forecast to see 90 kcfs Tuesday and
Wednesday, 95 kcfs Thursday and Friday, 65 kcfs Saturday, 45 kcfs Sunday,
and 90 kcfs on Christmas Eve.  When asked, most players believed that the
Christmas Eve flows were a mistake, and would be reduced in a future report.
In unit news, Colstrip #1 (330 MW) was brought down for scheduled
maintenance on Saturday, but was back in service 24 hours later.  Weather
forecasts for Seattle and Portland were calling for temperatures to dip
slightly through the week, but not into below-normal territory, while the
latest six-to-ten from the NWS was predicting above-normal temperatures for
the entire region from December 23 through 27.

With much activity on the generation front and stronger spot natural gas
prices, heavy load electricity prices across the Golden State edged up on
Monday.  "Prices were generally floating down from the high end but bounced
around a bit as the day progressed.  In terms of the long-range forecasts,
it is not particularly strong," commented one trader.  At SP15, heavy load
electricity prices traded in a larger range on Monday, from 32 to
35.25$/MWh.  Off-peak prices were also seen on a wider scale, ranging from
24.5 to 28.4$/MWh.  Spot gas prices at the SoCal border were also stronger
on Monday, trading between 2.74 and 2.79$/mmBtu, up about 14 cents from
Friday.  In unit news, SP15-based El Segundo #4 (335 MW) went off-line
unexpectedly on Monday.  Gas-fired Moss Landing #6 (739 MW) was back at full
power on Monday following a planned maintenance outage that began on
November 3.  The weather forecast for Tuesday called for normal conditions
with highs in the upper 60s in the south and mid-50s in the north.
Overnight lows were expected to reach the mid-40s across the entire state.
The five-day forecast called for little change as the week progressed.  The
latest six-to-ten from the NWS called for above-normal temperatures from
December 23 to 27.

An unexpected unit outage and rising spot gas prices helped to prop up
prices in the Southwest on Monday, albeit slightly.  Mohave #1 (790 MW) was
taken off line Saturday for tube leak repairs, and was given an ETR of
"December 19 or 20."  Being that we are talking about a Mohave unit, one
should err on the side of caution and go with the 20th.  Some parties said
the Mohave outage had little to do with the slightly higher prices, given
that it was more than offset by the weekend returns of two 750 MW units,
Four Corners #4 and Navajo #3.  Further to the north, Colorado-based Craig
#1 (428 MW) was brought down Saturday for unplanned repairs, with no ETR
given.  There were also unconfirmed reports that San Juan #3 (534 MW) was
operating near 50% on Monday.  Peak power at Palo Verde traded from 29 to
33.75$/MWh, with the bulk of deals done at the 33$/MWh mark.  Weather
forecasts called for seasonable temperatures through the week, while the
latest six-to-ten from the NWS was predicting a mix of normal and
below-normal temperatures from December 23 through 27.  "Below-normal
temperatures in the Southwest this time of year could mean some higher
off-peak prices, but little more," said one industry soothsayer.

Patrick O'Neill and Beth Goodwin
_________________________________________________________

Western Generating Unit Outages

Current                            Begins          Ends          Reason
CAISO units <250/5343 total          NA             NA
planned/unplanned*
Alamitos #3/320/gas               04-Dec-01         ?            planned
Big Creek Project/1020/hydro      09-Dec-01         ?         @752MW,
planned
Craig#1/428/coal                  15-Dec-01         ?            unplanned*
El Segundo #3/337/gas             02-Oct-01         ?            unplanned
El Segundo #4/335/gas             17-Dec-01         ?            unplanned*
Encina #5/332/gas                 27-Oct-01         ?            planned
Etiwanda #4/320/gas               08-Nov-01         ?            unplanned
Grand Coulee #19/600/hydro        10-Dec-01       March          repairs
Helms PGP #2/407/hydro            01-Oct-01         ?            planned
Hunter #2/472/coal                11-Dec-01     21-Dec-01        unknown*
Hyatt/Thermalito/933/hydro        02-Oct-01         ?      @607 MW,
unplanned
Mohave #1/790/coal                15-Dec-01     20-Dec-01        tube leak*
Ormond Beach #2/750/gas           05-Oct-01         ?      @350 MW,
unplanned
Pittsburg #6/317/gas              22-Nov-01         ?            planned
Sutter Plants/546/gas             04-Dec-01         ?        @235 MW,
planned

For unit owners refer to pdf version.
*Indicates a change from previous EMR.
______________________________________________________________________

Eastern Markets Pre-Scheduled Firm Power Prices ($/MWh)

December 17, 2001 for December 18, 2001

Peak (Heavy) in $/MWh
                 Low     Change   High      Change
Into Cinergy    17.25     1.75    19.00      0.00
Western PJM     23.75     1.95    24.10      1.40
Into Entergy    17.50    -1.00    21.50      1.25
Into TVA        17.50     0.75    19.00      0.50
___________________________________________________________
Amongst a healthier generation landscape and continued well above-normal
daytime highs, Monday's day-ahead electricity prices across the Eastern
Interconnect firmed up slightly on the low end, but softened for the most
part on the high.  "We don't expect to see a whole lot of deviation in
prices until after the New Year," remarked one Eastern trader.  Spot natural
gas prices were stronger on Monday amid stronger weather related demand due
to a return to more normal like weather conditions later in the week.  In
the gas market, NYMEX Henry Hub natural gas futures tumbled substantially on
Monday.  The January contract fell 16 cents, while February also lost a
similar 14.7 cents.

Spot electricity prices across the Mid-Atlantic on Monday were mostly steady
to Friday, trading up forty cents on the high end.  Western PJM pieces
changed hands between 23.75 to 24.5$/MWh, with the bulk of deals going
through at 24$/MWh.  LMPs plateaued at almost 36$/MWh from 10:00 to 11:00
EST, before settling down to the day's average of 19.86$/MWh through 15:00.
In generation news, almost 2,000 MW returned to the grid over the weekend,
adding more supply to a still weak demand.  On the weather front,
temperatures for the Mid-Atlantic were expected to cool dramatically as the
week progressed.  Daytime highs for Tuesday were expected in the mid-50s,
about ten degrees above normal for this time of year.  By Friday, conditions
were expected to return to more seasonal levels for December.  The most
current six-to-ten from the NWS called for below-normal temperatures from
December 23 to 27.

With the return of a large unit to an already plentiful supply picture,
day-ahead power prices settled slightly lower on Monday in the Midwest.
Into Cinergy goods were bought and sold between 17.9 and 18.65$/MWh, with
the majority of transactions done from 18.2 to 18.4$/MWh.  Traders said
balance-of-the-week deals were being done right around 19$/MWh, with next
week trading 25 to 50 cents lower on lighter loads for the holiday.  On the
unit front, Michigan-based nuke Fermi #2 (1,085 MW) returned to service over
the weekend from its fall refueling outage, although whether it was
operating at full capacity or still ramping up on Monday afternoon could not
be confirmed.  "Weather-wise, the worst is behind us this week," commented
one hopeful seller.  Tuesday forecasts called for highs in the
low-to-mid-40s and lows in the mid-30s, while the rest of the week was
expected to become progressively colder.  The latest six-to-ten predicted
below-normal temperatures from December 23 to 27.

Amid weak weather-related demand, but despite stronger spot gas prices,
heavy load electricity prices weakened across the Southeast and traded in a
narrower range on Monday.  Into Entergy prices gained fifty cents on the low
end, trading at 18$/MWh, while prices slipped seventy-five cents on the high
end to finish the day at the 20$/MWh mark.  Into TVA prices were seen in a
fifty cent range from 18.25 to 18.75$/MWh.  In generation news, South
Carolina Oconee #3 (847MW) returned to full capacity sometime over the
weekend.  Tuesday's highs for the Southeast were expected to range from the
mid-50s to the high-60s, still well above normal for the last remaining
weeks of the year.  The five-day forecast called for gradual cooling.  The
latest six-to-ten called for below-normal temperatures to blanket the region
from December 23 to 27.
___________________________________________________________
California ISO Congestion Index in $/MWh

                         Path                 Peak   Off-peak
for 16-Dec-01         NW1 to NP15             0.10     0.15
                      NW3 to SP15             0.00     0.00
                      AZ3 to SP15             0.00     0.00
                      LC1 to SP15             0.00     0.00
                      SP15 to NP15            0.00     0.00

for 17-Dec-01         NW1 to NP15             0.00     0.00
                      NW3 to SP15             0.00     0.00
                      AZ3 to SP15             0.00     0.00
                      LC1 to SP15             0.00     0.00
                      SP15 to NP15            0.00     0.00

for 18-Dec-01         NW1 to NP15             0.01     0.00
                      NW3 to SP15             0.00     0.00
                      AZ3 to SP15             0.00     0.00
                      LC1 to SP15             0.00     0.00
                      SP15 to NP15            0.00     0.00

OTC Forward Peak Electricity Contracts in $/MWh

                    Mid-C              PV              SP-15
                Bid      Ask      Bid      Ask      Bid      Ask
BOM            26.50    27.50    28.75    29.75    30.25    31.25
January        26.50    28.00    27.75    28.75    29.00    30.00
February       22.50    24.00    26.75    27.75    26.75    27.75
March          21.00    22.50    26.00    27.00    27.25    28.25
Q1 '02         23.00    24.50    27.50    28.50    28.50    29.50
Q2 '02         18.50    20.00    29.00    30.00    28.00    29.00
Q3 '02         35.50    37.00    47.00    48.00    43.00    44.00
Q4 '02         30.00    32.00    29.50    30.50    31.00    32.00
Cal '03        30.50    32.00    34.25    35.25    36.50    37.50

Represents the most recent bid/ask spread obtainable
by the Energy Market Report.

Alberta Power Pool Index (C$/MWh)

                    Peak(14)   Peak(16)   Off-Peak    Flat     Change
for  14-Dec-01       43.13      42.32      15.57      34.24    -5.02
for  15-Dec-01       45.21      43.37      18.69      35.64     1.41
for  16-Dec-01       35.76      34.88      24.19      31.54    -4.10

BPA's Offer for 12/19/01.

Hours        Amount          NW delivered        COB/NOB delivered

7-22         100MW           Market Price*          Market Price*

*Market price will be determined at time of request.

NYMEX Henry Hub Gas Futures in $/mmBtu

                 Close        Change
        Jan      2.686        -0.160
        Feb      2.761        -0.147

Natural Gas Spot Prices in $/mmBtu

                  Low          High
Sumas             2.65         2.70
So. Cal Border    2.74         2.79
San Juan          2.46         2.51
__________________________________________________________

Economic Insight, Inc. - 3004 SW First, Portland, Oregon 97201,
Telephone (503) 222-2425, Internet e-mail emr@econ.com -
Copyright, Economic Insight, Inc. 2001.


On your promotion.

WK


Agreed
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)

-----Original Message-----
From: Tu, Denis <Denis.Tu@ENRON.com>
To: Donoho, Lindy <Lindy.Donoho@ENRON.com>; Howard, Kevin A. <Kevin.Howard@ENRON.com>
CC: Harris, Steven <Steven.Harris@ENRON.com>
Sent: Wed Mar 20 14:09:01 2002
Subject: RE: TW Business Plan Draft

Kevin:

I just checked with Rob Kilmer, a TW old hand.  He said that Texas Eastern bought TW before 1974, but he was not sure exactly when.

I suggest that in the Historical Organization Section, we just say "sold to Texas Eastern Transmission Corporation and again to Houston Natural Gas in 1985 ....".

Denis
	 -----Original Message-----
	From: 	Donoho, Lindy
	Sent:	Monday, March 18, 2002 4:55 PM
	To:	Howard, Kevin A.
	Cc:	Harris, Steven; Tu, Denis
	Subject:	TW Business Plan Draft

	Please see attached.  Denis and I have noted where we added text.  Please let us know your comments/quesitons.  (The comments in red are from Tracy, I think.)

	Thanks,
	Lindy
	36007

	 << File: TWBusPlan3-18-02.doc >>


FYI,  I now have fully exeucted amendments to the Master w/ ENA / HPL.

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


sue nord's place.  sort of kitty-korner to you.


Got your message.  You're a pal.  Can't thank you enough.  Wish you the best
of luck on the options program.  If you can send me a copy of the
presentation on the options programs, boy, I'd love to have one.  Please give
our lovely counsel a big hug for me.  And I plan to be out there again real
soon.

Best,
Jeff

Jeffery Fawcett@ENRON
08/31/2000 05:32 PM
To: Jeff Dasovich/SFO/EES@EES
cc:
Subject: GIR proceeding-- Potential Financial Impact to TW

Jeff,
Sorry I've been hard to get a hold of... we held a workshop today to talk
about our proposed Transport Options program.  I found a copy of what I'd
sent to you before.  I'll stand behind these numbers today as representing
the dollar value of the risk Transwestern faced in the proceeding.  What's
not clear from my original note is that these cost impacts were annual, and
such impacts would continue year to year thereafter until
conditions/circumstances changed.  I hope this is useful.

---------------------- Forwarded by Jeffery Fawcett/ET&S/Enron on 08/31/2000
05:25 PM ---------------------------

Jeffery Fawcett
03/06/2000 04:40 PM
To: Jeff Dasovich/SFO/EES@EES
cc:

Subject: GIR proceeding-- Potential Financial Impact to TW

Jeff,
You asked me to try to quantify the impact of Transwestern losing access
rights to 200 MMcf/d of capacity at SoCal Needles as part of the GIR
proceeding.  Unfortunately, it's not a precise science inasmuch as it depends
on the shippers' reaction and/or retaliation to such circumstances.  As a
baseline, Transwestern is almost fully subscribed under various term length
contracts (and has been since 1998) to the California Border, including the
750 MMcf/d of capacity available at SoCal Needles.

In concept, under SFV rates, the majority of revenues would otherwise be
realized by TW, notwithstanding the circumstance of TW shippers being denied
full access to their primary delivery point.  In this "best case," the loss
to TW would be the commodity rates (theoretically, a wash, since they
presumably represent the true variable cost of TW providing the service), and
the revenue benefit associated with the fuel margin, calculated to be $5.8MM.

If TW shippers took the position that TW was responsible, and therefore,
accountable for their inability to consumate a portion of their transactions
into SoCal Gas' system, then TW faces a "more onerous case" in which it loses
the demand charge component of their contracts calculated to be $16.5MM.
Coupled with the aforementioned fuel margin, the total loss is $22.3MM.

In the worst case, in addition to the actual damages or costs to TW's
shippers described above, TW shippers may face performance penalties or other
contractual damages involving their commodity sales to customers behind SoCal
Gas.  Therfore, TW shippers may attempt to extract those same penalties and
costs from TW.

Realistically, I'd say that TW faces a loss somewhere between the best case
and the more onerous case, maybe in the $12 - $15MM range.

I hope this information is useful for purposes of your analysis.  Let me know
if I can be of any further assistance.


Here's the link to the gas fundamentals site:

http://gasfundy.dev.corp.enron.com/gas/framework/default.asp


BUSY, as usual.

Kay


CALENDAR ENTRY:	REMINDER

Description:
	Monica - Vacation

Date:		10/13/2000
Time:		8:00 AM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


Here's the info for documentation.  Please call.  Sara
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 07/22/99 11:03
AM ---------------------------
From: "Julian Poole/ENRON_DEVELOPMENT" AT ENRON_DEVELOPMENT@CCMAIL on
07/21/99 03:06 PM
To: Sara Shackleton@ECT
cc: "Don Black/ENRON_DEVELOPMENT" AT ENRON_DEVELOPMENT@CCMAIL, Federico
Cerisoli AT ENRON_DEVELOPMENT@CCMAIL, Brent Hendry AT
ENRON_DEVELOPMENT@CCMAIL, Jana Morse AT ENRON_DEVELOPMENT@CCMAIL, "Veronica
Leppez/ENRON_DEVELOPMENT" AT ENRON_DEVELOPMENT@CCMAIL
Subject: Swap

Sara, we need your help with the following:

We have closed our first financial power swap in Argentina, with the
following terms:
Counterparty: Central Puerto S.A.
Notional volume: 30 MW, 24 hours/day, 7 days/week
Trade date: July 20, 1999
Effective date: November 1, 1999
Termination date: April 30, 2000
Calculation Period: each calendar month beginning with November 01, 1999
and ending on April 30, 2000
Fixed price payer: ECT Corp.
Fixed price: $18.40
Floating price payer: C. Puerto
Floating price: Simple average of the quotations for the Argentine hourly
monomic power price at the load center (Ezeiza) published by Cammesa for the
applicable Calculation Period

We need you to issue the Confirmation of this trade and have it sent to the
customer asap, with a copy to us in Buenos Aires.
Thank you very much.

If you have any questions pls. call either Federico or myself.

Regards,

Julian


i will try to talk with mike later this week.  is he in development or
accounting?  thanks for calling him for me.


FYI.
----- Forwarded by Jeff Dasovich/NA/Enron on 11/09/2000 03:57 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	11/09/2000 12:01 PM

		 To: craigc@calpine.com, counihan@greenmountain.com, PhilDavies@aec.ca,
jfawcett@enron.com, rochmanm@spurr-remac.org, dcarroll@dbsr.com,
PaulAmirault@aec.ca, ALEXANMS@sce.com, Mark.C.Moench@wgp.twc.com,
tomb@crossborderenergy.com, burkee@cts.com
		 cc:
		 Subject:

Greetings Folks:

As you know, the Gas Accord is coming to an end and PG&E's trying to figure
out where to go from here.  I would argue that what happens with PG&E is
equally, if not more, important as what happens with SoCal.

As you also know, we're faced with a retrograde PUC that, by all accounts,
longs for the "halcyon days" of command-and-control regulation.  As such, I
think it would be very useful, and cost-effective, to pull together the
effective coalition we established in the SoCalGas settlement.

In that coalition, some of us contributed dollars and some contributed
experts.  I think we should employ that approach again.  I asked Mike Day,
who I think most agree, did a pretty good job of representing us in the SoCal
settlement, to make a proposal for representing us in the PG&E case.  Mike's
proposal is attached.  Finally, if there's anyone else you think we ought to
include in our coalition, please let me know.

Let me know what you think.

Hope all is well with you and yours.

Best,
Jeff

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

Jeff:

   Goodin, MacBride is willing and able to represent a coalition of
end-users, marketers, and other interested parties in the PG&E Gas Accord II
proceeding in much the same fashion that it represented multiple parties in
the GRI proceeding in both PG&E and SoCalGas settlements.  We would propose
to split our monthly billings for legal fees and expenses equally between
the parties who agree to join such a coalition.  In exchange for joining the
coalition, parties would receive frequent updates on the status of
settlement talks and other proceedings, participate in conference calls to
reach decisions on coalition positions, and have the ability to call on the
GMSRD lawyers on the case in order to answer specific questions or provide
any other useful information.

   I envision using several attorneys for various portions of the
proceeding, including using associates and paralegals for research, and
other GMSRD partners with gas experience for preparation of pleadings, etc.
However, most of the face to face negotiating, including working with
Commissioners and advisors as necessary, would be done by myself as lead
partner on the case.  I have attached a fee schedule for the GMSRD attorneys
who would likely have some involvement in the case.  Because the majority of
this work will be done in 2001, these rates reflect our new 2001 hourly
fees.  However, in an effort to encourage participation in the coalition,
and because several potential members of the coalition are past or existing
clients, we propose to reduce our standard fees with a 15% discount for all
participants in the coalition.  With this discount, these would be the
lowest fees available to any of our clients in the coming year.

   I have not made any type of estimate of legal expenses for this
proceeding, as it is exceedingly difficult to forecast how protracted the
proceedings will be.  Once we begin participating in the proceeding and we
collectively decide how best to proceed in terms of actual participation in
the case, we can provide frequent budget reports and make more useful
budgetary estimates.  If you require some type of estimation sooner than
that, please let me know.

   Thank you for your interest in using our services.  Please contact
me directly at (415) 765-8408 if you have any questions.

Mike Day, partner
Goodin, MacBride, Squeri, Ritchie & Day

GMSRD Fee Schedule for Gas Accord II proceedings

Michael Day          $300

James McTarnaghan         $260

Jeanne Bennett         $220

Alexandra Ozols         $130

Heather Patrick, paralegal      $ 85


Kam,

Am I to assume that at the FT position etc. are either captured in the  books listed in excel sheet or the bankruptcy books.
Just trying to get a hold of our positions.

Thanks

Also,
who will be handling and could provide these ID for the further months.

Thanks

Frank F. Cernosek
Financial Operations
713-853-1581

 -----Original Message-----
From: 	Keiser, Kam
Sent:	Tuesday, January 29, 2002 3:00 PM
To:	Gossett, Jeffrey C.
Subject:	RE: risk books for December

These are the official post-id's from Dec 31st for all live deals. We didn't have a "performance" book until January.   I included Canada and EMW at the bottom if needed.

Kam
 << File: Dec 31 official post-id's.xls >>
Bankruptcy book
1452831
1452832
1452833
1452834
1452835
1452843
1452839

 -----Original Message-----
From: 	Gossett, Jeffrey C.
Sent:	Tuesday, January 29, 2002 2:43 PM
To:	Keiser, Kam
Subject:	FW: risk books for December

Can you provide the following?

Thanks

 -----Original Message-----
From: 	Koerselman, Lisa
Sent:	Tuesday, January 29, 2002 2:24 PM
To:	Gossett, Jeffrey C.
Subject:	RE: risk books for December

List of the final Post ID for the Estate,Bankruptcy and Performing Post ID's for gas and Power.

 -----Original Message-----
From: 	Gossett, Jeffrey C.
Sent:	Tuesday, January 29, 2002 12:15 PM
To:	Koerselman, Lisa
Subject:	RE: risk books for December

What exactly do you need for Dec?

 -----Original Message-----
From: 	Koerselman, Lisa
Sent:	Tuesday, January 29, 2002 10:35 AM
To:	White, Stacey W.; Gossett, Jeffrey C.
Subject:	FW: risk books for December

Do y'all know when the books will be final for December - I had hopes of being able to utilize the people going to UBS, so if you can give me a status I would appreciate it.

thanks
Lisa

 -----Original Message-----
From: 	Koerselman, Lisa
Sent:	Tuesday, January 22, 2002 9:29 AM
To:	White, Stacey W.; Gossett, Jeffrey C.
Subject:	risk books for December

I am following up to see where we stand on the risk books for December.  My understanding is that we will have at least 3 categories:  legally terminated, not performing but not terminated, and still performing.

The deals that are still performing should have liquidations, etc. "as normal" - the remainder will be "frozen" until an amount is settled with the counterparty.

I am inheriting the MTM group and am trying to get as much done before we split with the people going to NETCO, so if you can give me the status and ETA if the books are not done I would greatly appreciate it.

thanks
Lisa

Lisa Koerselman
x-53128


Thank you for your request. You will be notified by email when your request has been processed. You can check the progress of your request by clicking http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000080691&Page=MyReq.


Gina, this one is going to   Enron Transportation Services - Houston

I want to take a moment to say "thank you" to all the employees who
participated in the ETS Food & Toy Drive. We delivered over 10 boxes of food
and toys on Friday to the Downtown location of the Head Start program.

There are many people in the Houston community who need our help and support,
especially during the Holiday Season.  Through your kindness, the Head Start
Program, ETS' adopted United Way agency,  will be able to help those less
fortunate.

The pictures below capture some of our employees displaying the donations
that were collected in the Enron building.  The collections in Three Allen
Center were significant as well.

Thank you, again, for your overwhelming generosity.


Darren,

Changes for 6/23.....

I will be taking over the duties Ami has been handling effective July 1st in
coordinating changes will Devon.  This is
June, but Jan is already sending me changes.  Can you get with me this
afternoon or tomorrow and let me know who I
should send changes to?

Thanks,
Bev
853-6357

---------------------- Forwarded by Beverly Beaty/HOU/ECT on 06/22/2000 09:03
AM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Jan Svajian" <Jan.Svajian@dvn.com>
06/22/2000 08:25 AM

To: <Beverly.beaty@enron.com>
cc:
Subject: Nom Change on Tejas for Garza Plant

See attached.

 - Enron Nom Change.xls


Tracy,

Below are the rough cost estimates to apply drag reducing agent to the LaPlata to Bloomfield line.

	Facility modifications			$1,665,000

	Cleaning & application			   $165,000

	Re-application every 6 months		   $165,000

The facility modifications include a launcher at LaPlata, receiver at Bloomfield and a filter separator at the El Paso Blanco delivery.  The cleaning & application and re-applications costs include cleaning pig runs with methanol and surfactant as well costs for the actual DRA application.

For analyzing sensitivities, all costs are +/- 30%.  The re-application time period is also uncertain.  You may want to look at the economics of re-apply as often as every three months and as infrequently as every 12 months.

Please let me know of anything else you need.

Thanks,

John


From today's Gas Daily:

***Breathitt wants more attention on Calif. gas

     Although the energy spotlight has been on California's
electricity crisis, the number of California gas issues at FERC is
continually increasing, signaling the need to focus on the gas side
of the equation, a FERC commissioner said last week.
     "[T]here is volatility in the gas markets as well as the electric
markets," FERC Commissioner Linda Breathitt said at the American
Gas Association's FERC Natural Gas Regulatory and Market Issues
Seminar last week in Washington, D.C. And the cost of gas, she said,
is the component that has the biggest influence on the cost of
electric generation.
     Two issues pending at FERC are whether to re-impose price caps
on secondary market transactions and whether to cap prices on
gas sales, Breathitt said.
     In addition, FERC recently issued an order to help remove
obstacles to increased energy supplies into the West (GD 3/15). In
the order, FERC sought comments on the need to provide rate
incentives for projects that would make additional capacity
available by this summer on constrained pipeline systems. "I believe
that if the commission does provide incentives, we should be very
precise regarding the activity we are encouraging and the incentives
we will be willing to consider, if at all," Breathitt said.
     The commissioner also voiced concern over a California issue
that sits at the state level -- intrastate pipeline facilities.
California, she said, needs to assess whether its intrastate system
is adequate to take gas from the border to its market. "I am
worried that where there is insufficient takeaway capacity, FERC's
actions to increase capacity to the border may result in problems,
such as prorationing," Breathitt said.
     Meanwhile, Breathitt suggested local distribution companies in
California need the ability to use risk management tools. Policies
should be in place to give gas buyers an incentive to use such
tools, including price hedging and the efficient use of storage, she
said.
     But regulators should be careful in noting the difference
between hedging to reduce exposure to price volatility and what
Breathitt called "mere speculating." While hedging can be used to
decrease uncertainty, speculating to beat the market can actually
increase the possibility of risk, she said.
     Regulators in California and other states should look into the
benefits of reducing gas buyers' dependence on the spot market. "A
balanced portfolio of long- and short-term contracts makes a great
deal of sense when spot prices are at the extreme levels of the past
year," she said.     CD


I didn't know that I was all powerful....

-----Original Message-----
From: Nicolay, Christi L.
Sent: Thursday, November 08, 2001 2:24 PM
To: Guerrero, Janel
Cc: Steffes, James D.
Subject: RE: Jim wants....

And so he gets!!

--Independent RTOs are necessary now in order to provide comparable, non-discriminatory service to all customers
--All uses of the transmission grid should be under the RTO tariff
--RTOs should be of sufficient scope to provide efficiencies and follow the natural traded markets
--The RTO should operate real time energy markets that include demand side bidding to promote efficiency

-----Original Message-----
From: Guerrero, Janel
Sent: Thursday, November 08, 2001 1:40 PM
To: Nicolay, Christi L.
Subject: Jim wants....

In preparation of NARUC, Jim wants us to handout the Bare Essentials from EPSA and the Well-Designed RTO documents.  He also wants a one-page/4 bullet-point list of message points that EVERYONE should convey while at NARUC.

Would you mind drafting up those 4 key points?  You can just send me an email and I will format and send everything out to everyone this afternoon.

Thanks!!

janel


Houston Community Management is our new management company.  IF YOU GET A
LETTER FROM THEM, call them.  Rust does not see the letters and has not
knowledge of the problems that are involved at each house.  Several problems
have been solved with a simple phone call.  Mary G. Strickland


Gabriel,

I'm not sure if Binh sent an email to you and to Controls to explain the
Canadian origination variance.  You may already be aware, but on the Orig
Sched the originations are converted to $US using the spot rate for the day.
However when the originations are calculated for the Report tab the rate
applied is the average rate for the month.  Therefore these values will never
be the same.  Nicole is going to talk to Kathy when she gets back to Canada
on Monday.  Nicole says she has found a way to modify their spreadsheet so
that both values are calculated using the daily spot rate.   If you haven't
recieved an email from Binh explaining this issue you might want to forward
the attached message from Nicole to Michael and Chris.

Thanks,
Robin

PS The Bench by trader tied out for the 23rd.  I'll be in a little early
tomorrow to tie it out for the 24th.  Bye.
---------------------- Forwarded by Robin Rodrigue/HOU/ECT on 08/24/2000
11:43 PM ---------------------------

Nicole LaPorte
08/24/2000 01:20 PM
To: Robin Rodrigue/HOU/ECT@ECT
cc:
Subject: Origination Problem

Robin,
I spoke with Kathy regarding the problem we are having with origination. Her
explanation is as follows:
This is an fx issue. Because origination is denominated in a currency (USD)
which is different than our functional currency (CAD), origination expense
will be comprised of not only origination but also currency gains and losses
on origination. Everyday orig. is retranslated in C$ using the current rate
and any fx gains or losses relating to that is added to origination.
Therefore, the total origination as per the "origination" tab will NOT equal
the origination as per the "report" tab. Robin should add in the translation
gains/losses to get it to reconcile.
I hope this explanation makes sense and is acceptable. I know you're used to
the two numbers reconciling but since we were asked to denominate our
origination in US dollars (about 2 months ago) these two numbers will never
again be the same.
Please call if you have any questions,
Nicole


Will you please get me access to manage the SJ physical product? I would like
to link it for prompt month information.

Thanks,
Mike


Sorry about that. I meant Req. # 108798.

Imelda
 -----Original Message-----
From:  Trevino, Imelda D.
Sent: Wednesday, May 09, 2001 4:42 PM
To: Baumbach, David; Giron, Darron; Keiser, Kam; Love, Phillip; McLaughlin,
Errol
Cc: Graham, Toni
Subject: Resume-Simon Mok for Req. # 108789

Hi All,

Here is a resume for your review for Req. # 108789, Phillip Love's position.
He was an employee referral. He has been phone screened and is very
interested in a Risk Management position with Enron. Please review and reply
back to this e-mail YES or NO if you are interested in this candidate.

Simon Mok- He is currently working for PWC as an Associate with their Dispute
and Economic Analysis group. He currently assisted PWC in the development of
an Internet-based software that handles issues related to hedging
effectiveness, derivative valuation and reporting requirements under FAS 133.
Very proficient with Excel  and good with Visual Basic. Current salary is
55K, with performance based bonus of $7500.

Thanks!
Imelda Trevino
Human Resources
ext.5-2539


Did Bruce (EECC/NEPCO) give project cost numbers? In order to calculate FOM
and VOM, I'll need to know more about the project. Can we discuss later this
week, say Thursday? Please try to answer these questions in the two attached
files. thanks

Benjamin Rogers@ECT
02/07/2000 04:18 PM
To: Scot Chambers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject:

Tom Swank, the originator and I sat down with Bruce Golden and went through
the porject cost numbers for the GE 7FA combined cycle facility.  At this
point we need to claculate FOM and VOM and other operating expenses.  We feel
pretty good about the project cost numbers.  Let me know if you need more
info than I have already given you.  Bruce Golden has the soft copy of the
project cost numbers.  Thanks
Ben


Viola!
---------------------- Forwarded by Kay Mann/Corp/Enron on 01/10/2001 01:50
PM ---------------------------

Kay Mann
01/03/2001 11:18 AM
To: lee.johnson@ss.ps.ge.com
cc:

Subject: RE: invoice information/TurboPark

Lee,

The best way to go about it would be to send the invoice to Jody, but copy
the Enron project folks you have been dealing with.

Are we ready to sign the Fountain Valley contract?  I would think that we
could sign the change order at the same time, and payment terms can be
whatever the Enron project team has bought in to.  The banks won't care.

Have you seen sig pages for ESA yet?

Kay

lee.johnson@ss.ps.ge.com on 01/03/2001 09:00:30 AM
To: Kay.Mann@enron.com
cc:

Subject: RE: invoice information/TurboPark

Kay,

Please confirm that this will be the invoicing address for the 6 units bound
for Fountain Valley Project and 4 units pegged to LV Cogen Expansion.  Also,
we've still got a change order needed for Fountain Valley for the 6 Power
System Stabilizers and 2 Exhaust Stacks.  LV is also saying they will need 4
Power System Stabilizers, but haven't confirmed their order.

Thanks,

Lee

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Tuesday, January 02, 2001 6:06 PM
To: lee.johnson@ss.ps.ge.com
Subject: invoice information/TurboPark

E-Next Generation LLC
Mr. Jody Pierce
1400 Smith, EB 2480
Houston, Tx 77002


That state will never be the same.  My prediction is that the state will be
bankrupt within the next 2 years unless the Federal Gov't bails it out.  I
hope
Lowery has held off on buying his house.

Talk to you this weekend.  I blew off the Montana trip so I'll be home.

KR


Susan:  for the SITA file.
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 05/05/2000
12:46 PM ---------------------------

Michael Khajeh-Noori
05/05/2000 11:39 AM
To: Clavergne@sita.fr
cc: Michael Moulton/HOU/ECT@ECT, Tanya Rohauer/HOU/ECT@ECT, Sara
Shackleton/HOU/ECT@ECT, Susan Flynn/HOU/ECT@ECT, Edmund Cooper/LON/ECT@ECT
Subject: Proposed ISDA Master Agreement between Enron North America Corp.
("ENA") and Societe Industrielle de Transports Automobile S.A. (the
"Agreement")

Dear Ms Lavergne

Further to my email of 14 April 2000 attaching the first drafts of the
Schedule and the CSA to the Agreement and the Parent Guaranty, I attach
revised first drafts blacklined against the previous version to show changes.

These contain minor changes predominantly resulting from changing the Enron
counterparty entity from Enron Capital & Trade Resources International Corp.
to ENA..

I look forward to hearing from  you.  If I am unavailable please contact my
colleague, Deepak Sitlani who is also working on this matter (also on
telephone number +44 20 7783 4539).

Kind regards
Michael Khajeh-Noori


----- Forwarded by Jeff Dasovich/NA/Enron on 04/06/2001 01:31 PM -----

	Jean Munoz <jmunoz@mcnallytemple.com>
	04/06/2001 02:05 PM

		 To: "'Andy Brown (E-mail)'" <ABB@eslawfirm.com>, "'B Brown Andy (E-mail)'"
<andybrwn@earthlink.net>, "'Baker Carolyn (E-mail)'"
<cabaker@duke-energy.com>, "'Bob Escalante (E-mail)'"
<rescalante@riobravo-gm.com>, "'Bob Weisenmiller (E-mail)'"
<rbw@mrwassoc.com>, "'Curtis Kebler (E-mail)'"
<curtis_l_kebler@reliantenergy.com>, "Dean. Nistetter (E-mail)"
<Dean.Nistetter@dynegy.com>, "'Douglas Kerner (E-mail)'" <DKK@eslawfirm.com>,
"'Greg Blue (E-mail)'" <gtbl@dynegy.com>, "'Jan Smutny-Jones (E-mail)'"
<smutny@iepa.com>, "'Jeff Dasovich (E-mail)'" <Jeff.Dasovich@enron.com>,
"'Joe Ronan (E-mail)'" <joer@calpine.com>, "'John Larrea (E-mail)'"
<john.g.larrea@williams.com>, "'John Stout (E-mail)'"
<John_H_Stout@reliantenergy.com>, "'Julee Malinowski-Ball (E-mail)'"
<jmball@ns.net>, "'Kassandra Gough (E-mail)'" <kgough@calpine.com>, "'kent
Palmerton (E-mail)'" <kent.palmerton@williams.com>, "'Lynn Lednicky
(E-mail)'" <lale@dynegy.com>, "Marie Moretti (E-mail 2)"
<mmoretti@mccabeandcompany.net>, "'Marty Wilson (E-mail)'"
<mwilson@pstrategies.com>, "'McNally Ray (E-mail)'"
<rmcnally@mcnallytemple.com>, "''Nam Nguyen' (E-mail)'"
<nam.nguyen@powersrc.com>, "'Norton Kelli (E-mail)'"
<knorton@mcnallytemple.com>, "'Paula Hall-Collins (E-mail)'"
<paula.hall-collins@williams.com>, "'Pigott Jack (E-mail)'"
<jackp@calpine.com>, "'Richard Hyde (E-mail)'" <rwhyde@duke-energy.com>,
"'Roger Pelote (E-mail)'" <roger.pelote@williams.com>, "'Stephanie-Newell
(E-mail)'" <stephanie-newell@reliantenergy.com>, "'Sue Mara (E-mail)'"
<smara@enron.com>, "'Tom Ross (E-mail)'" <tross@mcnallytemple.com>, "Tom
Williams (E-mail)" <tcwillia@duke-energy.com>, "'Alex Sugaoka (E-mail)'"
<alex.sugaoka@uaecorp.com>, "'Bill Carlson (E-mail)'"
<william_carlson@wastemanagement.com>, "'Bill Woods (E-mail)'"
<billw@calpine.com>, "'Bob Ellery (E-mail)'" <bellery@spi-ind.com>, "'Bob
Gates (E-mail)'" <bob.gates@enron.com>, "'Cody Carter (E-mail)'"
<cody.carter@williams.com>, "'Curt Hatton (E-mail)'"
<Curt.Hatton@gen.pge.com>, "'David Parquet'" <david.parquet@enron.com>,
"'Dean Gosselin (E-mail)'" <dean_gosselin@fpl.com>, "'Doug Fernley (E-mail)'"
<fernley.doug@epenergy.com>, "'Duane Nelsen (E-mail)'"
<dnelsen@gwfpower.com>, "'Ed Tomeo (E-mail)'" <ed.tomeo@uaecorp.com>,
"'Eileen Koch (E-mail)'" <eileenk@calpine.com>, "'Eric Eisenman (E-mail)'"
<eric.eisenman@gen.pge.com>, "'Frank DeRosa (E-mail)'"
<frank.derosa@gen.pge.com>, "Frazier Blaylock (E-mail)"
<frazier_blaylock@ogden-energy.com>, "'Hap Boyd (E-mail)'"
<Hap_Boyd@enron.com>, "'Hawks Jack (E-mail)'" <jack.hawks@gen.pge.com>, "'Jim
Willey (E-mail)'" <elliottsa@earthlink.net>, "'Joe Greco (E-mail)'"
<jgreco@caithnessenergy.com>, "'Jonathan Weisgall (E-mail)'"
<jweisgall@aol.com>, "'Kate Castillo (E-mail)'" <CCastillo@riobravo-gm.com>,
"'Kelly Lloyd (E-mail)'" <kellyl@enxco.com>, "'Ken Hoffman (E-mail)'"
<khoffman@caithnessenergy.com>, "'Kent Fickett (E-mail)'"
<kfickett@usgen.com>, "'Lynn Lednicky (E-mail)'"
<lynn.a.lednicky@dynegy.com>, "'Marty McFadden (E-mail)'"
<marty_mcfadden@ogden-energy.com>, "'Paula Soos'"
<paula_soos@ogden-energy.com>, "'Randy Hickok (E-mail)'"
<rjhickok@duke-energy.com>, "Rick S. Koebbe (E-mail)"
<rskoebbe@powerworksinc.com>, "'Rob Lamkin (E-mail)'"
<rllamkin@seiworldwide.com>, "'Ross Ain (E-mail)'" <ain@worldnet.att.net>,
"'Steve Iliff'" <siliff@riobravo-gm.com>, "'Steve Ponder (E-mail)'"
<steve_ponder@fpl.com>, "'Tony Wetzel (E-mail)'" <twetzel@thermoecotek.com>,
"'William Hall (E-mail)'" <wfhall2@duke-energy.com>,
<trusso@mcnallytemple.com>, <sadlersa@earthlink.net>, <mstultz@epsa.org>,
<rtemple@mcnallytemple.com>, <tracy.fairchild@edelman.com>,
<megan.beiser@edelman.com>, <deborah.fiorito@dynegy.com>, <lchurch@epsa.org>,
Katie Kaplan <kaplan@iepa.com>, <tcwillia@duke-energy.com>,
<rwhyde@duke-energy.com>, Beth Miller <bam_miller@hotmail.com>,
<rlapsley@yahoo.com>, Jonathan Wilcox <wilcoxjr@earthlink.net>
		 cc:
		 Subject: SCE Reaction to PG&E

SCE Responds to PG&E Bankruptcy Filing

Southern California Edison Company (SCE) released the following statement in
response to the decision today by Pacific Gas and Electric to file for
reorganization under Chapter 11 of the U.S. Bankruptcy Code. This statement
is by Edison International Chairman, President, and CEO John Bryson.

ROSEMEAD, Calif., April 6 /PRNewswire/ -- This is a sad day for California.
PG&E has had a proud history of service to our state for more than a century.

We at Southern California Edison continue to believe that working out a
comprehensive solution to our current crisis is a preferable course to take.
PG&E's decision today does not change our position.
Based in Rosemead, Calif., Edison International (NYSE: EIX) is a premier
international electric power generator, distributor and structured finance
provider.

SOURCE Edison International

/CONTACT: Corporate Communications, 626-302-2255, for Edison International/


uh......they're persistent??

From: Jeff Dasovich on 04/24/2001 10:00 AM CDT
Sent by: Jeff Dasovich
To: Joseph Alamo/NA/Enron@Enron
cc:

Subject: Reminder letter for California filing deadline

Hi. Is there a reason I keep getting this stuff from these guys.

Sincerely,
Clueless
----- Forwarded by Jeff Dasovich/NA/Enron on 04/24/2001 09:54 AM -----

	Shieldsenron@aol.com
	04/23/2001 08:07 PM

		 To: jeff.dasovich@enron.com
		 cc:
		 Subject: Reminder letter for California filing deadline

 - dasovich.rl.ca.4-23-01.DOC


Alma - can you copy me on the RSVP list for the Thursday party.


Hi Marilyn -

Thanks for the Vancouver notes.  Regarding the item on POR/PODs - since the
meeting, Mark sent out the Clarification letter of September 24 (attached)
stating we use the WSCC POR/POD acronyms until 1.7 hits the streets.  E-Tag
1.7 will use the POR/PODs that TPs have attempted to register
http://reg.tsin.com/ .  Although not part of the actual meeting, it might be
good to add a reference to the clarification letter so readers can get the
latest and greatest direction concerning POR/PODs usage.

 <<Clarification Letter>>

Robert Harshbarger
Puget Sound Energy
OASIS Trading Manager
425.462.3348 (desk)
206.604.3251 (cell)

> ----------
> From: 	Franz, Marilyn[SMTP:MFranz@SPPC.com]
> Sent: 	Wednesday, October 10, 2001 2:42 PM
> To: 	Interchange Scheduling & Accounting Subcommittee (ISAS)
> Subject: 	RE: Scheduling Time constant
>
> <<File: WSCC ISAS 0901 VancouverMinutes.doc>>
> SPPC Transmission would like to go forward with PPT as a common scheduling
> time for the same reasons the expressed by WMIC.
>
> Also, attached are the minutes for the Vancouver meeting.
>
> Thanks,
> Marilyn Franz
> Sierra Pacific Power Transmission
> 775-834-4322
>
> -----Original Message-----
> From: Hackney, Mark W(Z39911) [mailto:Mark.Hackney@aps.com]
> Sent: Wednesday, October 10, 2001 11:01 AM
> To: Interchange Scheduling & Accounting Subcommittee (ISAS)
> Subject: Scheduling Time constant
>
>
> It's been brought to my attention that we never resolved the issue of the
> common scheduling time (no Freudian slip on the acronym).  The group
> agreed
> to a PST value in July, but we wanted to survey the OC and WMIC first
> before
> going further.  That was to be one of our topic in Vancouver.  Well....
>
> So, I'd like to get a feel from the group: the survey leaned toward
> Pacific
> Prevailing Time as that match up with energy products, so.. continue to go
> forward with PST as in July, modify our suggestion to PPT or drop all
> together and wait to see if NERC is going to come up with something.  If
> we
> decide to go with either PST or PPT, I will get the OC Steering to help
> with
> clarification on this as a due process item or an item that can be brought
> to the OC for vote in 2002.  In addition, I would think that most would
> agree that implementation if it takes affect would be favorable at the
> April
> 2002 time change, so that is my suggestion that we use, if ISAS goes
> forward
> with the request to the OC.
>
> Please get back with your thought by next Wednesday so I can put together
> something for the upcoming OC meetings.
>
> Mark W. Hackney
> Section Leader
> Pre and Real-time Transmission Scheduling
> APS OATT Administration
> Arizona Public Service Company
> 602.250.1128 - Office
> 602.908.1423 - Cell
> 602.250.1155 - Fax
> mailto:Mark.Hackney@aps.com
> _________________________________________________________________
> Click to add my contact info to your organizer:
> http://my.infotriever.com/cc2tf0ey
>
>

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

From: Hackney, Mark W(Z39911) <Mark.Hackney@aps.com>
To: Interchange Scheduling & Accounting Subcommittee (ISAS) <isas@wscc.com>
Date: Monday, September 24, 2001 3:17:54 PM
Subject: Clarification Letter

Please read attached letter:

 <<Clarifying Letter.doc>>
Mark W. Hackney
Section Leader
Pre and Real-time Transmission Scheduling
APS OATT Administration
Arizona Public Service Company
602.250.1128 - Office
602.908.1423 - Cell
602.250.1155 - Fax
mailto:Mark.Hackney@aps.com
_________________________________________________________________
Click to add my contact info to your organizer:
http://my.infotriever.com/cc2tf0ey


Kate,
apb not showing Richter deal 570023.01, prebon claiming.  Thanks


Raymont Harris, bill schroeder and wayne chrebet for smith


FYI - other market participant comments.

---------------------- Forwarded by Jean Ryall/NA/Enron on 02/14/2001 06:15
PM ---------------------------

"Knox, Jeffrey" <jknox@sel.com> on 02/14/2001 05:20:50 PM
To: "'vpriestley@newenergy.com'" <vpriestley@newenergy.com>,
sbertin@newpower.com, rkittel@enron.com, lorraine.bucci@exeloncorp.com,
pkeene@enron.com, mcarroll@texas.net, kmagrude@newpower.com,
gillan.taddune@greenmountain.com, "Weller, Andrea" <AWeller@sel.com>,
jean.ryall@enron.com, "Knox, Jeffrey" <jknox@sel.com>,
stevedavisconsulting@austin.rr.com
cc: Ron.McNamara@enron.com

Subject: RE: Enron's View on the ERCOT Structure

Vanus,

I sent an email to Marianne that I thought I'd Cc'd to everyone (evidently
not).  I am (that is "we" are, at the mighty Strategic Energy) in agreement
with Enron as well.  The ability to "cover" in the hour-ahead or "spot"
market is not only desirable, but an important option when managing a
portfolio like most of us will.  A good spot market helps to set the numbers
for the rest of the short term trading (dailies, bal. week, bal. mo), and
lets each participant decide on, and be accountable for, their own plan of
action.  And frankly, the more flexibility we can have as far as covering
load or even wholesale transactions the better.  I'd like to be able to
decide if I want to go long, short or flat next hour rather than HOPE for a
good Balancing Market clearing price.
Options good, take what you get..bad.
Sorry Marianne you had to hear it twice.

Go ARM!
Jeff
-----Original Message-----
From: vpriestley@newenergy.com [mailto:vpriestley@newenergy.com]
Sent: Wednesday, February 14, 2001 5:08 PM
To: sbertin@newpower.com; rkittel@enron.com;
lorraine.bucci@exeloncorp.com; pkeene@enron.com; mcarroll@texas.net;
kmagrude@newpower.com; gillan.taddune@greenmountain.com;
aweller@sel.com; jean.ryall@enron.com; jknox@sel.com;
stevedavisconsulting@austin.rr.com
Cc: Ron.McNamara@enron.com
Subject: Enron's View on the ERCOT Structure
Importance: High

I've thought it over some and I have to agree with Enron and their view on
the Spot market.  Their may be a devil in the details, but having a liquid
transparent spot market can only help us in a number of different ways:

1.   It will give us leverage (or at least information) when negotiating
bilateral    contracts,
2.   It will reduce the prices for ancillary services and load following
3.   It will allow us to use scheduling more effectively to control our
costs,    and
3.   It will give us another option in purchasing generation.

Enron's fear is that the imbalance and ancillary service market will be
shallow and illiquid.  I believe that fear is reasonable.  A healthy
robust spot market can mitigate any damage that a short ancillaries market
can do.  It will also provide information and induce transparency which
does not exist in a market that is solely bilateral.

Conceptually, NewEnergy supports Enron in trying to develop a spot market.
 I would like to hear whether we all can support Enron in this endeavor.

VP


Attached is PIRA's latest "Electricity Daily Demand Forecast."

If you have any questions regarding the report's content, please contact
Morris Greenberg (email: morris@pira.com) or Victoria Watkins (email:
vwatkins@pira.com), at (212) 686-6808.

Contact John Graziano regarding PIRA report distribution and address changes
at (212) 686-6808, email: support@pira.com.

NOTE: Circulation of the "Electricity Daily Demand Forecast" outside a
Client's licensed distribution area is strictly prohibited. Clients that are
unsure of their licensed distribution or require an extension of their
current license should contact their PIRA sales representative, or email to
sales@pira.com.

PIRA Energy Group

 - ed050101.pdf
 - ed050101.xls


Marcus:

DTE Energy Trading has told us that they have executed emissions confirms
with ENA.  I am trying to review the GTCs that are sent out when these
transactions are done.  Can you please forward a copy?  Thanks.

Sara

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com


NYPA called today wanting to know the status of our review.  Can we pow wow
about this 1st thing Monday...


see note below

Holly Keiser
Enron Americas
Legal Department - EB 3887
713-345-7893 (ph)
713-646-3490 (fx)
Holly.Keiser@enron.com
----- Forwarded by Holly Keiser/ENRON_DEVELOPMENT on 04/09/2001 10:52 AM -----

	Carol St Clair@ECT
	04/09/2001 08:58 AM

		 To: Holly Keiser/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 cc:
		 Subject: Offsite

Holly:
Could you please check with Mark to see if he has any preference about
whether we hold our 1/2 day offsite on May 23rd or May 24th?  Thanks.

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


Alan, my quick impression is that the checklist format is identifying a
number of matters for discussion in a way that will be efficient.  What is
your impression?

Mark


Nathan, give me  call if you can -- 713-853-1586.  I'm EVP and Chief of Staff
for Enron.  We met during the on-campus interview process.  I know we have
extended an offer and I'm still hoping you'll accept.  Call me.


Kevin,

Give me a call when you get a chance.  I want to talk
to you before I call Lisa about the list.  My work
number is 609-387-5972.

Love,

Mom
__________________________________________________
Do You Yahoo!?
Talk to your friends online with Yahoo! Messenger.
http://messenger.yahoo.com


Tom:
My assistant spoke to Judy Smith about myself and my partner grabbing an
extra seat on the jet to Tampa.

My partner and I were invited to the game by a couple of gentlemen from New
York that I do business with.  Unfortunately, since I run the nat gas
derivatives desk and February expiration is next Monday, the only way we
could go is if the jet were coming back Sunday night.  No commercial flights
would get us back in time.

Judy indicated it was fine if we caught a ride on the way back, so my
contacts in NY booked the trip, including buying game tickets.  I am now
hearing that you may be leaving early Sunday night.  I was just wondering if
your plans had firmed up.  Obviously, it would be tremendously helpful to me
if the plane were leaving after the game.

Please advise,
John


Russell:  the following baseload deals were done with JC Energy for August

PGT Malin  1896/day @ 4.10
PGT Tuscarora  350/day @ 4.10

Thanks.


---------------------- Forwarded by Chris Germany/HOU/ECT on 06/27/2000 09:28
AM ---------------------------

Chris Germany
05/25/2000 04:19 PM
To: John M Singer/Corp/Enron@ENRON, David Oliver/HOU/ECT@ECT, Robert
Allwein/HOU/ECT@ECT, Dick Jenkins/HOU/ECT@ECT, Cyndie
Balfour-Flanagan/Corp/Enron@ENRON, Elizabeth L Hernandez/HOU/ECT@ECT, Molly
Johnson/HOU/ECT@ECT, Wade R Price/HOU/ECT@ECT
cc: Joan Veselack/Corp/Enron@ENRON, Joann Collins/Corp/Enron@ENRON
Subject: Local Production for June

John, I took the volumes on deal 226556 to 0 for the term of the deal
starting June 1.  This is the purchase from Belden & Blake behind NYSEG.

I changed the volume on deal 226563 from 1 dth/day to 1500 dth/day.  This is
the purchase from StatOil at CPA.  The price on this deal is NX1 + .434 and
the price on John's worksheet is NX1 + .54 (per MCF).  John, is this price
adjusted for dth??

I created deal 280185, purchase from StatOil, volume of 333 day, the price is
NX1+ $.56 PER MCF.  This is a purchase of local production behind the
citygate.  David, this deal probably needs to be hedged in Sitara.
Cindy - deal 226563 is a purchase from CES - Statoil Energy.  I set up deal
280185 with the same counterparty.  This deal should have been in the system
effective 1/1/2000.  According to Elizabeth, we should not use the CES -
StatOil Energy.  It doesn't matter to me how its set up, however, this deal
should have been in the system from Jan and it is the same type of deal as
deal 226563.

I changed the volume on deal 226747 from 1 dth to 1100 dth/day.  This is a
purchase from Questar and it is also local production behind CPA.
John, there are 3 deals for Questar, the other 2 deals have volumes of 0
right now.  Can you tell me how the volume should be split out for pricing
purposes?

Molly, I created deal 280132, FOM priced sale to CES.  This deal will be
matched with the CPA local production deals.

Let me know if anyone has any questions.

Thanks
cg 3-4743

---------------------- Forwarded by Chris Germany/HOU/ECT on 05/25/2000 02:41
PM ---------------------------

Chris Germany
05/24/2000 05:26 PM
To: hboyd@columbiaenergygroup.com, Angie Zeman/Corp/Enron@ENRON, Joan
Veselack/Corp/Enron@ENRON, Joann Collins/Corp/Enron@ENRON, Robert
Allwein/HOU/ECT@ECT, Cynthia Franklin/Corp/Enron@ENRON, Meredith
Mitchell/HOU/ECT@ECT, Molly Johnson/HOU/ECT@ECT
cc: Scott Goodell/Corp/Enron@ENRON, John M Singer/Corp/Enron@ENRON, Dick
Jenkins/HOU/ECT@ECT, Victor Lamadrid/HOU/ECT@ECT,
dkinney@columbiaenergygroup.com, cdalpho@columbiaenergygroup.com,
jporte1@columbiaenergygroup.com, Wade R Price/HOU/ECT@ECT (bcc: Chris
Germany/HOU/ECT)
Subject: Local Production for June

Please send this email to anyone that may need to see it.  I'm sure I left
someone out.

This is citygate gas ENA will sell to CES for June.  This will reduce the
numbers on the sheet Doug sent us yesterday.

East Ohio Gas on CNG
10,000 dth/ month from Power Gas Marketing

CPA on TCO
500 dth/day from Power Gas Marketing
1,833 dth/day from StatOil
1,100 dth/day from Questa - Note:  this is an estimated volume.  We should
know the actual volume in the next day or so.

Note:  CES is not taking any Carnagie gas at CPA.

National Fuel
250 dth/day from Belden & Blake.  The deal expires 6/30/2000.

Equitrans
All of the Equitrans is production or pool gas on the pipeline.  ENA
nominates this gas.  CES still has a citygate load of 1,280 dth/day for June
on Equitrans so the production gas will be delivered to CES.

CES will not be receiving any local production behind Peoples or NYSEG.


I feel like I am picking on you today!

These deals have NP/SP delivery point with firm energy.

577829
577828

Thanks!


FYI
---------------------- Forwarded by Chris Germany/HOU/ECT on 04/12/2000 09:18
AM ---------------------------

	From:  Colleen Sullivan                           04/12/2000 08:44 AM

To: Steve Jackson/HOU/ECT@ECT, David Oliver/HOU/ECT@ECT
cc: Chris Germany/HOU/ECT@ECT
Subject: CES - Term Sell for Dayton Power Light on TCO - PLEASE READ

Can you help with this Dayton issue?  This is the one we discussed where
Dayton is saying there is a fixed price and we have it in the system at
index.  Can I get a list of all Dayton sales for CES so I can try to match
them up?

We need to determine if this is another data entry error, or if CES provided
us with incorrect data, or if Dayton is wrong and this really is an index
deal.
Thanks for your help.

---------------------- Forwarded by Colleen Sullivan/HOU/ECT on 04/12/2000
08:41 AM ---------------------------

Joan Veselack@ENRON
04/11/2000 04:59 PM
To: Colleen Sullivan/HOU/ECT@ECT, Chris Germany/HOU/ECT@ECT, Molly
Johnson/HOU/ECT@ECT
cc: Joann Collins/Corp/Enron@ENRON, Robert Allwein/HOU/ECT@ECT,
vlamadr@enron.com, Jeff A Crook/HOU/ECT@ECT
Subject: CES - Term Sell for Dayton Power Light on TCO - PLEASE READ

This deal haunts us every month. Need someone to verify that CES GMS pricing
equals Enron's Sitara pricing.

Just a reminder, the GMS report I used from CES system only had volumes and
no pricing. I ensured the physical volumes were correct. Commerical still
needs to verify the pricing on the deals. I don't think this has been done
yet.

CES DEAL TICKETS
gms ticket # = s-dpl-0070
term = 12/1/98 to 5/1/2001
volume = 5000

gms ticket # = s-dpl-0079
term = 12/1/99 to 5/1/200
volume = 5000

ENA DEAL TICKETS
135702 = 5000.
It appears I changed volume to 0 on 2/29

145321 = 10,000
This ticket has been used for the total 10,000. This may be incorrect. (April
forward deal # is 227296).

The physical total volume is correct in Sitara, not sure about the pricing.

Thank you for your assistance.


You weren't totally out of control or anything.  Just having a good time!  I
am usually the out of control one so I tend to give people a bit more slack
because I don't want to get hassled to bad at a later date.  How was your St
Pattys Day?


I heard about this last week...pretty nasty
PL

---------------------- Forwarded by Phillip M Love/HOU/ECT on 04/05/2001
04:09 PM ---------------------------

Bryan Hull
04/05/2001 03:56 PM
To: Phillip M Love/HOU/ECT@ECT, Matthew Lenhart/HOU/ECT@ECT
cc:
Subject: Nice Rugby Story

Is this why you play rugby?

http://dailynews.yahoo.com/h/po/20010404/co/rugger_resigns_over_rectal_fouls_1
.html


Reddy,

Thanks for your message. It would be quite difficult to work
with you on telecommuting basis, given the type of
work we do and the extent of integration of our team with the rest of the
company.

I shall be glad to explore with you other forms of
cooperation Please, call me at 713 853 3848.

Vince

 -----Original Message-----
From: 	Chandrasekhar Gukhal  [mailto:cgukhal@hotmail.com]
Sent:	Friday, May 04, 2001 3:59 PM
To:	vince.j.kaminski
Subject:	query

Dear Dr. Kaminski:

I am interested in working on a part-time, telecommuting basis
(roughly the equivalent of 1 to 2 days a week) for about a year or
two. I can visit as necessary. I am attaching a brief resume.

Is this something that might be of interest to you? Should you have no
opportunities, can you suggest other groups? I look forward
to hearing from you.

Regards
Reddy

Chandrasekhar R. Gukhal
Assistant Professor of Finance
S.C.Johnson Graduate School of Management
Cornell University
Ithaca NY 14853
Ph: (607)255-0053
_________________________________________________________________
Get your FREE download of MSN Explorer at http://explorer.msn.com

 - aaPart-vita.pdf << File: aaPart-vita.pdf >>


-----Original Message-----
From: 	Barber, Michael
Sent:	Wednesday, February 06, 2002 12:36 PM
To:	McLaughlin Jr., Errol
Subject:	RE:

It looks like you are trying to do a remote execution from that screen shot.  crossroads is just an FTP server.  If you need rexec, use neptune.netco.enron.com.

-Michael

 -----Original Message-----
From: 	McLaughlin Jr., Errol
Sent:	Wednesday, February 06, 2002 12:34 PM
To:	Barber, Michael
Subject:

 << OLE Object: PBrush >>


Rebecca Chan

13339 Arlon Trail

Houston, TX 77082

(281) 558-9198

Dear Ms. Mary S. Fischer:

        It was a pleasure meeting you. I enjoyed learning more about Enron - strong commitment to innovation, employee satisfaction and productivity. I particularly impressed by the professionalism and dedication that you and Enron staff exhibited. After talking with you, I am firmly committed to and excited by the prospect of a career in Enron.

        Based on our discussion, it seems that you are seeking an individual who shares your vision and is open to implementing creative and adaptive to changes. I share your vision and I am interested in the excellent opportunity to work on a variety of challenging projects with team in Tax Department. I believe that my academic training in UH and my experience working in Transpak and Look Ease qualify me for the position. One of my greatest strengths is an ability to motivate staff to strive for excellence and to work together to achieve common goals.

        Thank you for your time and consideration. I look forward to hearing from you soon.

Sincerely Yours,

Rebecca Chan

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


Start Date: 4/7/01; HourAhead hour: 2;  HourAhead schedule download failed.
Manual intervention required.


congratulations on being "re-commissioned."


pls print what ever of this junk that I need.  df
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 10/30/2000
10:54 AM ---------------------------

	From:  Debbie Nowak                           10/27/2000 01:29 PM

To: Ted C Bland/HOU/ECT@ECT, Shelley Corman/ET&S/Enron@ENRON, Marie
Hejka/Corp/Enron@ENRON, John R Keller/OTS/Enron@Enron, Billy
Lemmons/Corp/Enron@ENRON, Dolores Lenfest/HR/Corp/Enron@ENRON, Amy
Oberg/HOU/EES@EES, Brian Schaffer/Corp/Enron@ENRON, William S
Bradford/HOU/ECT@ECT, Rick L Carson/HOU/ECT@ECT, John
Dushinske/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, David
Gorte/HOU/ECT@ECT, Don Hawkins/OTS/Enron@Enron, Bob Hillier/NA/Enron@Enron,
Jeffrey T Hodge/HOU/ECT@ECT, George McCormick/HOU/ECT@ECT, Mary Kay
Miller/ET&S/Enron@ENRON, Ted Murphy/HOU/ECT@ECT, Sue M
Neville/ET&S/Enron@ENRON, Dave Odneal/ET&S/Enron@ENRON, Janet
Place/NPNG/Enron@ENRON, Colleen Raker/ET&S/Enron@ENRON, Mikie
Rath/HR/Corp/Enron@ENRON, Steve HPL Schneider/HOU/ECT@ECT
cc: Richard Amabile/HR/Corp/Enron@ENRON, Kirk McDaniel/HOU/EES@EES, "Howard
Morgan" <howardmo@worldnet.att.net>, CherylRuth@aol.com

Subject: P&D Facilitation Training - Preconference work

A MEMO FROM DICK AMABILE

Thanks for enrolling in the upcoming P&D Facilitation training.  In order to
make the best use of our limited time at the meeting I am attaching a copy of
the "draft" material which will appear on the Intranet Site regarding P&D
(Participation & Dissent).   The intent is for you to review the material
before the session to gain some insight into what P&D is all about.  This
will save us the time of having to review this material at the session and
allow us to focus specifically on facilitation skills for the P&D process.
We apologize for the somewhat disjointed format.  At the moment it is the
only complete draft that is available, albeit in pieces.  I suggest you start
with the last one listed below P&D Site maps.ppt and then progress through
them in order 1,2,3,4,5.

P&D  was develop as a response to three of the 5 core ETC (Now known as the
Pulse) questions identified by Enron for improvement. They are:

  Most employees feel free to voice their opinions openly
  My operating company does a good job acting on suggestions of employees
  Employees are encourage to challenge established
procedures/policies/guidelines

Participation & Dissent know as "P&D" is an unique Enron created tool that is
designed to provide our employees with a creative, free wheeling,
non-bureaucratic vehicle for solving problems, addressing issues, enhancing
decision making and developing new business ideas/opportunities.   One
purpose of "P&D" is to create an atmosphere where employees can feel real
ownership for decisions and express their views in a challenging and
passionate way. "P&D" sessions are meant to focus on results and assist in
producing measurable performance improvements.  "P&D" sessions are to assist
our employees in driving change in an organized, efficient and effective
manner.  It will help us leverage off our own best practices to produce
faster results that positively impact our return on invested capital. At
Enron we give our employees the power to dissent and with that power comes
the obligation to participate in providing solutions/ideas.

If you have any questions about this material, please feel free to contact
Kirk McDaniel or myself.  We will be happy to answer your questions and
provide additional context for the effort.

The only other thing we would like you to do prior to attending the session
is to identify a potential P&D intervention within your own organization.
This will provide you with a "real" effort to begin planning for at the
session and make the application of the ideas directly actionable for you.

We look forward to seeing you at the meeting.
            Dick Amabile


damn, are you going to take that?

Chad Landry
01/30/2001 03:40 PM
To: Phillip M Love/HOU/ECT@ECT
cc: Eric Bass/HOU/ECT@ECT, Timothy Blanchard/HOU/EES@EES, Bryan
Hull/HOU/ECT@ECT, Matthew Lenhart/HOU/ECT@ECT
Subject: Re: Tuberville

Get off Blanchard's nuts.  Tuberville would leave in a heartbeat.  Hell,
Auburn is not even Alabama's Flagship University.  Wow, 2nd tier in your own
state.  I am sure Tuberville never thinks about that fact.

CKL

Phillip M Love
01/30/2001 03:02 PM
To: Chad Landry/HOU/ECT@ECT
cc: Eric Bass/HOU/ECT@ECT, Timothy Blanchard/HOU/EES@EES, Bryan
Hull/HOU/ECT@ECT, Matthew Lenhart/HOU/ECT@ECT
Subject: Re: Tuberville

Chad, do you even know what is coming out of your mouth?  When did you become
such a football expert?  I recall Blanchard and the boys having to teach you
about the game.


---------------------- Forwarded by Marcos Cunha/SAO/WLB on 13/12/2000 19:44
---------------------------

Nicola Tingas
13/12/2000 17:32

Sent by:  Frederico Turolla

To:   Gerhard Klein/D/WLB@WLB
cc:    (bcc: Marcos Cunha/SAO/WLB)
Subject:  Brazil Daily Dec 14

(See attached file: bd001214.pdf)

 - bd001214.pdf