What the NYMEX is trying to get at is their concern that the NYMEX considers
the trades of ENA and its two other principal trading affiliates (Enron
Canada and London) to be one and the same as ENA.  It is also concerned that
we might and try and set up other companies and trade of of those to try and
increase our overall trading volume with the NYMEX.  Further, the NYMEX also
doesn't want us to increase our company's overall trading volume, by "hiding"
trades through accounts in the name of individual employees,   The Annual
Hedge Exemptions applications require that ENA represent whether its
officers, employees, owners, or agents have a power of attorney, control or
have a financial interest in any other related commodity future(s) account
either individually or acting with another person pursuant to express or
implied agreement.as indicated in the original email from Mark.   The
transaction you mentioned below doesn't appear to be problematic, since it
flows through ENA's risk books,  thus not increasing the overall position the
NYMEX allows us to trade.

This annual email has a secondary unplanned, but helpful control purpose, it
fleshes out the trading of employees that might be in violation of the
Company's Trading Policy.

	Michael Etringer
	06/23/2000 09:41 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc: Jim Gilbert/PDX/ECT@ECT, Karen E Jones/HOU/ECT@ECT
		 Subject: Re: Enron North America Corp. NYMEX Hedge Exemption Applications

Tina,

I need some clarification in regards to this email.   ENA holds interest in
the LV Cogeneration Limited Partnership, both directly and through its
friendly investor structure,   which is a QF facility located in Las Vegas.
As part of the financing of the facility, ENA entered into a 10 year
financial NYMEX swap with LV Cogen.  Brad Richter, ENA VP, signed the NYMEX
confirmations on behalf of LV Cogen (Desert Arc LLC) and ENA.

Is this transaction of interest to you and do you need additional information
with regards to this transaction?

Regards,
Mike Etringer
503-464-3836

Jim Gilbert
06/23/2000 07:18 AM
To: Michael Etringer/HOU/ECT@ECT
cc: Frank W Vickers/HOU/ECT
Subject: Enron North America Corp. NYMEX Hedge Exemption Applications

Mike,

Is this something we need to respond to?  Please advise.

Thanks,
Jim

---------------------- Forwarded by Jim Gilbert/PDX/ECT on 06/23/2000 07:15
AM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  Mark Taylor @ ENRON                           06/21/2000 04:39 PM

Sent by: Enron Announcements@ENRON
To: All Enron Houston, Everyone_in_ECT_Calgary, Everyone_in_ECT_London,
Everyone_in_ECT_Portland, Everyone_in_ECT_New York, Everyone_in_ECT_Denver,
Everyone_in_ECT_Oslo, Everyone_in_ECT_Singapore, EI-Australia, Buenos Aires
Argentina - Office Staff, Buenos Aires Argentina - TGS Office Staff, Enron
Everyone_EOG_Denver, Enron Everyone_EOG_Calgary
cc:
Subject: Enron North America Corp. NYMEX Hedge Exemption Applications

We are in the process of preparing applications for position limit exemptions
for ENA,s NYMEX energy commodities futures trading.  These applications
require that ENA represent whether its officers, employees, owners, or agents
have a power of attorney, control or have a financial interest in any other
related commodity future(s) account either individually or acting with
another person pursuant to express or implied agreement.

Please direct any responses to my paralegal, Tana Jones, via intercompany
email or call her at (713) 853-3399 by the end of business Friday, June 30,
2000 if you have any power of attorney, control or have a financial interest
in any commodity futures account (other than an ENA or other trading
affiliate account).

IF YOU DO NOT HAVE A COMMODITY FUTURES ACCOUNT, YOU DO NOT NEED TO RESPOND TO
THIS REQUEST.


I spoke with Chris Snyder this morning and his request is to add New Smyrna as a 4th Division to his existing 3 Divisions in order to have one Balancing Entity  vs.. Two Balancing Entities so he can net imbalances together. He is not looking for section 11 rights and he knows the New Smyrna lateral is constrained and he can not move any additional volumes there. Chris right now will have to deal with Two Balancing Entities and this is what he is trying to avoid. He will do what ever it takes on his end that we require/request. Please take another look with the one reason (Balancing) in mind. Give me your feedback. Thanks... John.


My first choice is Carrin Patman or Bruce Oakley at Bracewell--Tel. no.
713-223-2900. My second choices are Ron Welch and Knox Nunnally at Vinson And
Elkins #713-758-2222. Lastly, Barrett Reasoner at Gibbs and Bruns
#713-650-8805. Of course if TransCanada is already a defendant, I might
recommend different counsel depending on which judge they drew. If Duane has
any questions please have him call me at 713-853-5587.

	Peter Keohane
	Sent by: Sharon Crawford
	01/22/2001 04:08 PM

		 To: Richard B Sanders/HOU/ECT@ECT
		 cc: duane_alexander@transcanada.com
		 Subject: Texas Litigation Counsel

Richard, a friend of mine at TransCanada Energy is looking to retain
Houston-based litigation counsel, and was wondering who we could recommend.
He assures me that the matter does not involve an Enron entity.  Accordingly,
could you please provide me with a name and contact for litigation counsel
you would recommend at V&E, Bracewell Patterson, Andrews & Kurth or otherwise?

Many thanks,
Peter


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

The information contained in this message from
Sutherland Asbill & Brennan LLP and any attachments
is confidential and intended only for the named
recipient(s).  If you have received this message
in error, you are prohibited from copying,
distributing or using the information.  Please
contact the sender immediately by return email
and delete the original message.

Attached?are Comments of the California Manufacturers & Technology
Association on Proposed Decision - I.99-07-003.? This is a Word
2000?document.
?
?
?
Jody Smith
Sutherland Asbill & Brennan LLP
1275 Pennsylvania  Avenue
Washington, DC? 20004
202.383.0113
202.637.3593  Fax
 - COMMENTS.DOC


Forwarded at request of Joe Hillings:

Please find attached the final CSI letter sent to President Clinton on
the WTO services negotiations. Thank you for your comments and
contributions to the letter.

Best regards,
Liesyl

--
**********************************
Liesyl I. Franz
Director
Coalition of Service Industries
805 15th Street, NW, Suite 1110
Washington, DC 20005
Tel: 202-289-7460
Fax: 202-775-1726
E-mail: franz@uscsi.org
http://www.uscsi.org

Visit http://www.worldservicescongress.com for recommendations and
proceedings from the World Services Congress in Atlanta, GA November
1-3.

 - Ltr-Clinton-Svcs negs 2000.doc


Attached are new ClickPaper counterparty approvals for 10-13-00.  I tried to
get these out on Friday afternoon but Lotus Notes was down for everyone in
our group...

Walter


Russell:
There are several credit issues here that we need to discuss like:

1. Their comment on the affiliate language in the setoff provision - I don't
think that they understand how this works.

2. Their first and second comments to the CSA.

3. Their comment in the CSA about requiring a different standard for holding
collateral.

4. Their desire to change from Fed Funds Rate to LIBOR

5. Their renewal notice comment concerning the LC.

Please call me to discuss.  Also, Susan Bailey and I need to talk with you
about Global Companies LLC.
Carol

	Russell Diamond
	06/02/2000 04:26 PM

		 To: Carol St Clair/HOU/ECT@ECT, Susan Flynn/HOU/ECT@ECT
		 cc:
		 Subject: FW: Enron ISDA

Carol, Susan

Please see the attached comments I received from my contact at Equitable
Energy regarding the ISDA draft we sent them.

Thank you,

Russell

---------------------- Forwarded by Russell Diamond/HOU/ECT on 06/02/2000
04:25 PM ---------------------------

EPatterson@eri.eqt.com on 06/02/2000 03:02:22 PM
To: Russell.Diamond@enron.com
cc:
Subject: FW: Enron ISDA

 Russell,
  Here are our attorney's comments and concerns with regard to
the ISDA documents that were sent to us.
        Elmore
> -----Original Message-----
> From: Reich, Henry
> Sent: Friday, June 02, 2000 9:55 AM
> To: Patterson, Elmore
> Subject: Enron ISDA
>
> Elmore - Below are my comments on the documents sent by Enron. Please let
> me know if you have any questions. I'll hold this set until you advise
> otherwise. Thanks. Henry.
>
>  <<EnronISDA6-1-00.doc>>

 - EnronISDA6-1-00.doc


Please respond. Thanks.  SS
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 01/24/2000
08:50 AM ---------------------------

Renata Teke@ENRON_DEVELOPMENT
01/24/2000 09:37 AM
To: Sara Shackleton@ECT, Lynn Aven/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kevin
Frye@EES, Walt Deleeuw/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rafael
Rangel/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Michael
Herman/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mark Tawney@ECT, Clint Reck@ECT,
Robert Sammon/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Carlos
Contreras/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mary Cilia@Azurix
cc: Mervyn Lowe/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Hotel Reservation - Caesar Towers Berrini - S?o Paulo City

Mr.,

I need to know which AFE number I can apply to your reservation at Hotel
Caesar Towers Berrini, in S?o Paulo City, during last december99.

Please, return this number ASAP, as we need to close this bill.

Thanks,

Renata Teke


FYI - I'll be in and out of the office tomorrow but will have my cell phone
(713-569-9563) if you need to reach me.

8am - meeting with Barbara Chelette, Asst Chief Career Devlpt, 1205 Dart
11am - meeting with Tatcho Mindiola, Red Ribbon Committee, Univ of Houston
2pm - meeting with Dr Anderson, Red Ribbon Committee, Texas Southern Univ

The news conference went well.

Lisa


Sara,
You nailed it.l.
thanks. sg

From: Sara Shackleton on 02/14/2001 09:37 AM
To: Darren Delage/AP/Enron@Enron
cc: Sheila Glover/HOU/ECT@ECT
Subject: Goldman Sachs/UBS Warburg

Darren:

(1)  Goldman Sachs
ENA  executed the Client Access Agreement with Goldman, Sachs & Co.  on June
15, 2000.  Since you are trading in the name of ENA, you should not need to
execute an additional agreement.  I confirmed this with Ted Leh this
morning.  At Ted's suggestion, please forward to me the fax number and email
address of the Goldman person requesting that you execute further
documentation.  I can fax to him a copy of the agreement and correspond by
email.  I will also copy Ted Leh and Vivian Siao (keeps track of agreements
and authorized traders) so that everyone is up to date.

(2)  UBS Warburg
I spoke with Sheryl Gallant.  ENA and other Enron affiliates are already
trading on the UBS electronic websites for OTC transactions.  Interestingly
enough, UBS does not require an electronic trading agreement to be signed by
a customer for online trading.  In other words, ENA has an executed ISDA with
UBS dated May 31, 1993, you are an authorized trader for ENA and UBS is happy
to let you access their platform. Sheryl does not know why Jun Ishi requested
execution of a "Client User List" (i.e., an authorized trader list) and said
to forget it.  If you would like for me to speak to Jun Ishi or correspond
with him (please send his email address), just let me know.

Please let me hear from you if you would like for me to pursue further.  As a
representative of ENA, you will probably have most agreements already in
place.

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


I believe that I have received your message in error. My name is Daren Farmer
and I work in the Texas gas trading area for Enron.  If you will send the
name of the person and department you are trying to contact at Enron, I will
assist you in communicating with that person.  Thanks.

Daren Farmer

Jo Hillier-Smith <JoH@SUNSAIL.com> on 04/05/2001 09:50:11 AM
To: "'dfarmer@ei.enron.com'" <dfarmer@ei.enron.com>
cc:
Subject: FW: Payment

Jo Hillier-Smith
Owner Care Manager
Sunsail Worldwide Sailing Ltd
Tel: +44 (0) 2392 222215
Email: joh@sunsail.com
This e-mail and any attachment is intended for the named addressee(s)
only, or a person authorised to receive it on their behalf. The content
should be treated as confidential and the recipient may not disclose this
message or any attachment to anyone else without authorisation. Unauthorised
use, copying or disclosure may be unlawful. If this transmission is received
in error please notify the sender immediately and delete this message from
your e-mail system. Any view expressed by the sender of this message or any
attachment may be personal and may not represent the view held by the Company.

Sunsail Limited (Company Number 1239190) or Sunsail Worldwide Sailing
Limited (Company Number 1658245)? both with registered offices at The Port
House, Port Solent, Portsmouth, Hampshire, PO6 4TH, England

-----Original Message-----
From:?? Jo Hillier-Smith
Sent:?? Thursday, April 05, 2001 3:43 PM
To:???? 'dfarmer2@ei.enron.com'
Subject:??????? Payment

Good afternoon Mr Farmer

As I am sure you are aware we are in the procees of changing our banks, and
the new bank "Citibank" was not able to process our charter fees for the 1st
April, I , therefore have a cheque to send to you to cover this April
payment.? Please could you let me know the best address I can send this to,
you may want me to send it straight to you or to your bank.

I look forward to hearing from you.

With regards
Jo

Jo Hillier-Smith
Owner Care Manager
Sunsail Worldwide Sailing Ltd
Tel: +44 (0) 2392 222215
Email: joh@sunsail.com
This e-mail and any attachment is intended for the named addressee(s)
only, or a person authorised to receive it on their behalf. The content
should be treated as confidential and the recipient may not disclose this
message or any attachment to anyone else without authorisation. Unauthorised
use, copying or disclosure may be unlawful. If this transmission is received
in error please notify the sender immediately and delete this message from
your e-mail system. Any view expressed by the sender of this message or any
attachment may be personal and may not represent the view held by the Company.

Sunsail Limited (Company Number 1239190) or Sunsail Worldwide Sailing
Limited (Company Number 1658245)? both with registered offices at The Port
House, Port Solent, Portsmouth, Hampshire, PO6 4TH, England


----------
From: Bill Beach <bill@beachheadmusic.com>
Date: Sun, 06 May 2001 11:36:31 -0700
To: Bill Beach <bill@beachheadmusic.com>
Subject: travel address

As of May 17 my travel Email will be: billbbeach@hotmail.com


IntercontinentalExchange
Firm Physical Natural Gas Price Bulletin
For Natural Gas Delivered on Wednesday, November 21, 2001
(Trade Date of Tuesday, November 20, 2001)
Click here to access index history.
* volume represents sell-side only *
 Region     Hub 	 High 	 Low 	 Wtd Avg Index 	 Change ($) 	 Vol (mmBtu) 	 Hub Name
  LOUISIANA
     ANR SE 	 $2.7900 	 $2.1000 	 $2.6126 	 +.5901 	 222,600 	 American Natural Resources Pipeline Co. - SE Transmission Pool
     Columbia Onshore 	 $2.7450 	 $2.1500 	 $2.5128 	 +.3097 	 305,200 	 Columbia Gulf Transmission Co. - Onshore Pool
     Henry Hub 	 $2.8200 	 $2.2200 	 $2.6180 	 +.5406 	 1,538,500 	 Henry Hub tailgate - Louisiana
     NGPL LA 	 $2.7400 	 $2.0550 	 $2.5180 	 +.5460 	 287,900 	 Natural Gas Pipeline Co. of America, Louisiana Pool
     Tenn 500L 	 $2.7400 	 $2.2800 	 $2.5295 	 +.4989 	 275,100 	 Tennessee Gas Pipeline Co.-Zone L, 500 Leg Pool
     Tenn 800L 	 $2.7300 	 $2.2450 	 $2.4840 	 +.4767 	 248,800 	 Tennessee Gas Pipeline Co.-Zone L, 800 Leg Pool
     TETCO ELA 	 $2.7900 	 $2.2500 	 $2.5993 	 +.4619 	 164,900 	 Texas Eastern - East LA
     TETCO WLA 	 $2.7700 	 $2.3300 	 $2.5976 	 +.6778 	 208,300 	 Texas Eastern - West LA
     Transco 65 	 $2.8200 	 $2.3000 	 $2.6756 	 +.5535 	 176,100 	 Transco - Station 65
     Trunkline ELA 	 $2.7600 	 $2.0000 	 $2.5481 	 +.5686 	 82,500 	 Trunkline Gas Company - East Louisiana Pool
     TxGas SL 	 $2.8400 	 $2.2800 	 $2.6244 	 +.5326 	 245,000 	 Texas Gas Transmission Corp.-Zone SL FT Pool
  MIDCONTINENT
     MichCon, citygate 	 $2.9000 	 $2.2500 	 $2.8052 	 +.6308 	 219,800 	 Michigan Consolidated
     NGPL Midcont 	 $2.5900 	 $2.2300 	 $2.4805 	 +.6875 	 221,700 	 Natural Gas Pipeline Co. of America, Mid-Continent Pool
     NGPL Nicor, citygate 	 $2.7975 	 $2.1300 	 $2.6082 	 +.5992 	 1,231,800 	 Natural Gas Pipeline Co. of America, Nicor Citygate
     NGPL NIPSCO, citygate 	 $2.8000 	 $2.5400 	 $2.7380 	 +.7435 	 107,500 	 Natural Gas Pipeline Co. of America, Nipsco Citygate
     NNG Demarcation 	 $2.7000 	 $2.1250 	 $2.4831 	 +.4382 	 214,200 	 Northern Natural Gas, Demarcation Pool
  NORTHEAST
     Columbia TCO 	 $2.9100 	 $2.2900 	 $2.7287 	 +.5870 	 533,300 	 Columbia Gas Co. - TCO Pool
     Dominion So.Point 	 $3.1000 	 $2.7800 	 $2.8973 	 +.5502 	 235,300 	 Dominion - South Point
     TETCO M3 	 $3.3100 	 $2.8000 	 $3.0520 	 +.5224 	 218,400 	 Texas Eastern - M3 Zone
     Transco Z-6 (NY) 	 $3.4100 	 $2.9000 	 $3.2445 	 +.6188 	 100,000 	 Transcontinental Gas Pipe Line Corp. - Zone 6 (NY)
  WEST
     El Paso non-Bondad 	 $2.4500 	 $2.1600 	 $2.3522 	 +.6445 	 183,900 	 El Paso - San Juan Basin, Blanco Pool
     Huntingdon/Sumas 	 $2.4500 	 $2.3200 	 $2.3958 	 +.5708 	 126,000 	 Westcoast Energy & Northwest Pipeline Corp.
     Opal 	 $2.4100 	 $1.9600 	 $2.2514 	 +.6931 	 109,800 	 Opal
     PG&E Citygate 	 $2.6500 	 $2.3800 	 $2.5525 	 +.5769 > 	 227,500 	 PG&E - Citygate
     SoCal Border 	 $2.7200 	 $2.4000 	 $2.5593 	 +.6743 	 208,000 	 Southern California Border Points (Ehrenberg,Topock,Needles)
  WEST TEXAS
     El Paso - Keystone 	 $2.5300 	 $2.3700 	 $2.4526 	 +.7034 	 606,000 	 El Paso - Keystone Pool
     Waha 	 $2.5700 	 $2.3800 	 $2.5118 	 +.6383 	 245,300 	 Waha Hub - West Texas

Includes all firm physical fixed price trades done from 7 AM to 11:30 AM Central Prevailing Time on the trade date specified for natural gas delivered on the specified date(s).
IntercontinentalExchange is the world's most liquid trading platform for over-the-counter energy and metals.  Active markets include North American power and natural gas, global crude and refined oil products, and precious metals.  Traded instruments include forwards, swaps, and options.
In order to receive the proprietary information contained in this email, you acknowledge and agree that you shall not further disseminate the IntercontinentalExchange Market Data contained herein to any person or entity without the express written consent of IntercontinentalExchange.   Furthermore, you acknowledge that (1) IntercontinentalExchange has exclusive and valuable property rights in this data; (2) IntercontinentalExchange's data is being made available to you only for your own business or personal activities; and (3) you cannot communicate the data, in any form, to any other person or entity without the express written consent of IntercontinentalExchange.
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To become an Exchange Participant or inquire about the indices, please contact sales@intcx.com.
To unsubscribe from this service, click here unsubscribe.
?Copyright IntercontinentalExchange, Inc. 2001, All Rights Reserved.


Attention Outlook Users:

In an effort to help you manage the size of your Outlook mailbox and stay under the 100MB limit, a step-by-step guide has been created and put up on IT Central.  Just follow the link below:

http://itcentral.enron.com/Data/Solutions/Outlook2000/M7631/992.ppt


Attached are the Mgmt Summary, Hot List and Metrics with activity through
6/15/00.


Use number 12: Transco Zone 6


Houston Fire Chief Selection Committee Members: Jeff Skilling - Chairperson,
Troy Blakeney, Gerald Smith, Roel Campos and James Duke.

Congratulations selection committee members! We have a very important and
exciting task ahead of us.

On the agenda for the next week are two important items - (1) the Mayor's
February 1 news conference announcing the Houston Fire Chief selection
committee and its members; and (2) coordination of an action plan, which we
should work out prior to the news conference.

News Conference specifics:
speakers - Mayor Brown and Jeff Skilling
in attendance - all selection committee members
location - Fire Station #6, 3402 Washington Ave.
date - Thursday, February 1, 2001
time - 2pm
duration - approximately 30 minutes

I'd like to emphasize that it would be ideal if all selection committee
members were present at the news conference.

I will need bios on each committee member emailed to me by close of business
Monday, January 29, 2001. These bios will be attached to a press release the
Mayor's Office is compiling.

Coordination of action plan:
Since we have only 1 week between now and the news conference, Jeff has
proposed that he take a stab at putting together an initial draft. He will
then email to all committee members for comments/suggestions and make changes
accordingly. Hope this works for everyone - if not, give me a call
(713)-345-4840.

Thanks,
Lisa


---------------------- Forwarded by Chris Germany/HOU/ECT on 03/02/2000 02:26
PM ---------------------------

dkinney@columbiaenergygroup.com on 03/02/2000 01:14:03 PM
To: Chris Germany/HOU/ECT@ECT
cc:
Subject: Final Final March First-of-Month Requirements

Chris--I discovered that the previous final March file that I sent you
contained a duplicate listing for NJN.  I have corrected it in this version.
Sorry for any inconvenience.

Thanks.

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

 - 03_00 SUPPLY NEED-ALL                     LDCS(MASTER).XLS.xls


I rolled deal 150325 for the first 3 days of Jan.  I expect this point to be
zero for the rest of Jan.

D

Aimee Lannou   01/05/2001 10:41 AM

To: Daren J Farmer/HOU/ECT@ECT
cc: Edward Terry/HOU/ECT@ECT
Subject: Jan '01

Daren - there is flow at meter 1386 for Jan 1-3.  The average flow is
828/day.  The last deal associated with this meter is 150325, Dec. 1-4,
2000.  The counterparty is Hampshire.  Could you please look at this and let
me know if you put a deal in for these days?

Thanks.

AL


---------------------- Forwarded by Phillip K Allen/HOU/ECT on 10/27/2000
10:47 AM ---------------------------

	From:  Phillip K Allen                           10/27/2000 08:30 AM

To: Jeff Richter/HOU/ECT@ECT, Robert Badeer/HOU/ECT@ECT, Tim
Belden/HOU/ECT@ECT
cc:
Subject:

We linked the file you sent us to telerate and we replace >40000 equals $250
to a 41.67 heat rate.  We applied forward gas prices to historical loads.  I
guess this gives us a picture of a low load year and a normal load year.
Prices seem low.  Looks like November NP15 is trading above the cap based on
Nov 99 loads and current gas prices.  What about a forecast for this November
loads.

Let me know what you think.

Phillip


Happy New Year. I hope you are well.

Kristin is planned to spend a couple of weeks on Doorstep in Feb I believe -
this prompts a question......

When will EBS be subject to a Doorstep review?

Let me know your thoughts.

Thanks.

B.


-----Original Message-----
From: 	Cook, Mary
Sent:	Thursday, May 17, 2001 11:08 AM
To:	Bradford, William S.; Lagrasta, Fred; Williams, Jason (Trading); Larson, Bradford; Ledlow, James
Cc:	Mellencamp, Lisa
Subject:	Discussion Points:  Tri-Union

Brent and I have drafted the following discussion points for your internal review and comment.  Please provide us comments by Monday.

Cordially,
Mary Cook
Enron North America Corp.
1400 Smith, 38th Floor, Legal
Houston, Texas   77002-7361
(713) 345-7732 (phone)
(713) 646-3490 (fax)
mary.cook@enron.com


Scott,

 Thanks for the email.  I have two questions:

 1.  The


Subject: New Virus found!!
> >
>
>   Intel announced that a new and very destructive virus was discovered
> > recently.  If you receive an email called "An Internet Flower For You",
>   do not open it.
> > Delete it right away! This virus removes all dynamic link libraries from
> > your computer.
> > Your computer will not be able to boot up.
> >
> > SEND THIS TO EVERYONE ON YOUR CONTACT LIST!!
> > and...
> > DO NOT OPEN "PRETTY PARK"
> > It is a virus that will erase your whole "C"  drive.   It will come to
> you
> > in the form of an e-mail from a familiar person.
> > I repeat, DO NOT OPEN "PRETTY PARK." DELETE  RIGHT AWAY!
> > It gets into your address book. A "friend" sent it to  me, but called
> and
> > warned me before I opened it. She was not so
> > lucky and now she can't even start her computer! Forward this to
> everyone
>   in your address book. I would rather receive this warning 25 times than
>   not receive it once!
>


I assume you meant my fax number since you already have my email address.
212-738-1069

> -----Original Message-----
> From: Sara.Shackleton@enron.com [SMTP:Sara.Shackleton@enron.com]
> Sent: Thursday, November 09, 2000 6:44 PM
> To: pbarna@exchange.ml.com
> Subject: fax number
>
> Peter:  I didn't have your fax number to send you a copy of the term sheet
> (it's your term sheet of August 7, 2000).  I have faxed already to Leslie
> and Gary.  I will fax to you if you would please send me your email
> address.  Thanks.  Sara
>


---------------------- Forwarded by Steven J Kean/NA/Enron on 08/22/2000
04:47 PM ---------------------------

"Elizabeth A. VanDersarl" <liz@luntz.com> on 08/22/2000 11:18:32 AM
To: "'skean@enron.com'" <skean@enron.com>
cc:

Subject: RE; Luntz Focus Groups

Attached please find the edited deregulation speech.

 <<anti regulation speech.doc>>

 - anti regulation speech.doc


OK.  At this week's meeting I will remind everyone that they need to be kept
updated.
Cordially,
Mary Cook
Enron North America Corp.
1400 Smith, 38th Floor, Legal
Houston, Texas   77002-7361
(713) 345-7732 (phone)
(713) 646-3490 (fax)
mary.cook@enron.com

	Tana Jones
	04/23/2001 10:03 AM

		 To: Mary Cook/HOU/ECT@ECT
		 cc:
		 Subject: Re: Ideas on Blue/Green Files

Things have come up w/Mark & Sara and there is a clear indication from their
front that we need to retain the green files.  Maybe we need to discuss this
with the whole group...?

	Mary Cook
	04/23/2001 09:50 AM

		 To: Stephanie Panus/NA/Enron@Enron, Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Ideas on Blue/Green Files

Per our discussion about a month ago, have you been able to discuss further
ideas regarding how to more efficiently utilize the blue/green files?

Cordially,
Mary Cook
Enron North America Corp.
1400 Smith, 38th Floor, Legal
Houston, Texas   77002-7361
(713) 345-7732 (phone)
(713) 646-3490 (fax)
mary.cook@enron.com


Rosalee,
Apparently the format was wrong on the first copy, can
you print this out for Dad.
Thanks,
Liz

__________________________________________________
Do You Yahoo!?
Send instant messages with Yahoo! Messenger.
http://im.yahoo.com/
 - KS Format Changes.doc


Attached is PIRA's latest "API Weekly Comment."

If you have any questions regarding the report's content, please contact Dr.
Gary Ross at (212) 686-6808, email: garyross@pira.com.

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

NOTE: Circulation of the "API Weekly Comment" 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

 - api050101.pdf


Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 06/26/2001 10:24 PM -----

	"Fairchild, Tracy" <tracy.fairchild@edelman.com>
	06/26/2001 05:04 PM

		 To: "Allen, Stevan" <stevan.allen@edelman.com>, AReM <arem@electric.com>,
"Douglas Oglesby (E-mail) (E-mail)" <doao@chevron.com>, "Erica Manuel
(E-mail)" <erica.manuel@edelman.com>, "Fairchild, Tracy"
<tracy.fairchild@edelman.com>, "Jeffrey Hanson (E-mail) (E-mail)"
<jeff.hanson@phaser.com>, "Joseph Alamo (E-mail) (E-mail)"
<jalamo@enron.com>, Megan Beiser <megan.beiser@edelman.com>, "'Robert Morgan'
(E-mail)" <rmorgan@newenergy.com>, "Warner, Jami" <jami.warner@edelman.com>,
arm@phaser.com, "brbarkovich@earthlink.net" <bbarkovich@earthlink.net'>,
cra@calretailers.com, dennis.flatt@kp.org, dhunter@smithandkempton.com,
djsmith@smithandkempton.com, Dominic.DiMare@calchamber.com,
drothrock@cmta.net, gdoar@newpower.com, gharrison@calstate.edu,
hgovenar@govadv.com, jackson_gualco@gualcogroup.com, "Jerry Finnigan
(E-mail)" <jerryf@abag.ca.gov>, johnlatimer@capitoladvocacy.com,
ken_pietrelli@ocli.com, kgough@calpine.com, kmccrea@sablaw.com,
kmills@cfbf.com, lhastings@cagrocers.com, "Manuel, Erica"
<Erica.Manuel@edelman.com>, mday@gmssr.com, mmoretti@calhealth.org,
nplotkin@tfglobby.com, randy_britt@robinsonsmay.com, richard.seguin@kp.org,
RochmanM@spurr.org, rrichter@calhealth.org, sgovenar@govadv.com,
smccubbi@enron.com, spahnn@hnks.com, sschleimer@calpine.com, theo@ppallc.com,
vincent.stewart@ucop.edu, vjw@ceert.org, wbooth@booth-law.com,
wbrown@lhom.com, wlarson@calstate.edu
		 cc:
		 Subject: First Story from DA News Conference is from Bloomberg News: "Cali
fornia Power Users Should Have Provider Choice"

Hello to the Direct Access Coalition:

Daniel Taub with Bloomberg News just finished his wire story about today's
DA press conference and passed it along to Edelman. He also expects to call
us on Thursday after the PUC vote.  You will receive an update tomorrow
summarizing all media coverage.

Tracy Fairchild
Senior Account Supervisor
Edelman Public Relations Worldwide
(916) 442-2331
tracy.fairchild@edelman.com

 - ATT57118.txt


Cathy would you please review daily for updates and make the changes on a
running list.  I'll read for info only and you can update them.  After I read
them and waiting 1 day, I'll delete from the system.
thanks,
mike


please use the attached for the noms for oct.  i had used mcf numbers in the
earlier email, this is mmbtu.

---------------------- Forwarded by Joan Quick/HOU/ECT on 09/26/2000 10:56 AM
---------------------------
From: Joan Quick on 09/26/2000 10:12 AM
To: Gerald Nemec/HOU/ECT@ECT
cc: Dan J Bump/DEN/ECT@Enron, Mark Whitt@ECT, kckrisa@apex2000.net, Barbara N
Gray/HOU/ECT@ECT, Scott Josey/Corp/Enron@ENRON, Arvel Martin/HOU/ECT@ECT
Subject: Re: Wildhorse Nomination

Gerald,

My suggestions/changes are in bold.  And not to sound like a broken record,
but, what should I do re sending Wildhorse something to inform them of the
contact list - names and phone numbers, and let them know where to send the
transport invoice to.  As I stated before, per my conversations with Becky at
Wildhorse, they need this information set up in their system before we nom.

Mark - did you find out if noms are officially due on Wed or Thurs?

To: Dan J Bump/DEN/ECT@Enron, Mark Whitt@ECT, kckrisa@apex2000.net
cc: Barbara Gray, Joan Quick/HOU/ECT@ECT
Subject: Wildhorse Nomination

Attached is a revised nomination letter incorporating comments received.
Please review


Jeff, can you set this up, you can coordinate with my admin, Sharon.

Jeremy
---------------------- Forwarded by Jeremy Blachman/HOU/EES on 09/22/2001 05:29 PM ---------------------------
From:	Jeff Dasovich/ENRON@enronXgate on 09/22/2001 10:15 AM
To:	Jeremy Blachman/HOU/EES@EES
cc:
Subject:	RE: Intention to Challenge the California's PUC's Decision to Suspend DA

Sounds good. Just let me know if you'd like to set up the call, or if you'd like me to do it.

Best,
Jeff

-----Original Message-----
From: Blachman, Jeremy
Sent: Sat 9/22/2001 5:00 AM
To: Dasovich, Jeff
Cc:
Subject: Re: Intention to Challenge the California's PUC's Decision to Suspend DA

We must go after this. I need some specific direction with exactly what you would like us to have our clients do. I see this as breaking our market down into the following as each are effected a bit differently:

- a specific alignment with the contracts we signed in August

- those clients we are marketing to, and can't sign a new contract due to the suspension

- existing clients whom we are risk with if there are ANY restrictions on extensions

Suggest that we set-up a call on Mon or Tues. Would like myself, Angela Schwarz, Lamar Frazier, David Cox, Gayle Muench and Michael Mann in attendance


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

To all employees:

EOTT announced its financial results for the fourth quarter of 1999 today.  A
full copy of the press release is attached.  Results set out in the press
release include that recurring operating income nearly doubled to $10.5
million
in the most recent quarter from $5.3 million in the same period in 1998.
Crude
oil lease volumes increased significantly in the fourth quarter of 1999
compared
to last year, with the North America-East of the Rockies segment volumes up
26%
to an average of 406,600 barrels per day.  Acquisitions made in late 1998 and
early 1999 were the primary reasons for the growth in recurring operating
income
and lease volumes.  As a result of the realization of operating synergies from
recent acquisitions, recurring operating expenses declined to $35.7 million in
the fourth quarter of 1999 from $40.7 million in the third quarter of the same
year.

For the full year 1999, EOTT reported net income of $7.6 million before
non-recurring items and the cumulative effect of the accounting change, or
$0.30
per diluted unit, compared to a loss of $4.1 million, or $(0.21) per diluted
unit, in 1998.  In total, EOTT reported a loss of $2.2 million, or $(0.09) per
diluted unit, before the cumulative effect of an accounting change.

1999 was a turnaround year for EOTT's operations, with recurring operating
income up  nearly five-fold over the prior year.  With our increased scale and
scope from recent acquisitions and our continuing success in reducing
operating
costs, we believe we are well positioned for 2000.

 While there were some very positive aspects to our fourth quarter
performance,
the overall results were disappointing due, in large part, to the negative
financial impact of certain unauthorized activities which occurred in our
now-discontinued NGL activities in the mid continent region.  You may rest
assured that the company intends to take swift and thorough legal action
against
the individual responsible for these activities, but you also need to be aware
that these events will likely spark the curiosity of many within our industry.
Accordingly, it is almost certain that EOTT employees will receive phone calls
and inquiries from business acquaintances and counterparties wanting to know
more about the unauthorized activities mentioned in our earnings release.

These matters are extremely sensitive and  potentially damaging to the
company's
reputation, and any indiscreet or unauthorized comments by EOTT personnel
about
these matters may only serve to harm the company's position.  Accordingly, I
am
asking that EOTT employees refrain from discussing  the unauthorized
activities
discussed in our earnings release with people outside of our company.
Generally
speaking, any media or other external inquiries or requests for information
about any item(s) mentioned in our earnings release should be referred to Dave
Schafer with the Enron GPG Communications Group, at 713-853-6758.  Susan Ralph
and our Credit Department will be responsible for handling any questions which
may come in concerning the company's financial strength or credit posture, and
Dana Gibbs will be responsible for addressing any specific questions which may
come in concerning any effect which any of these matters may have upon any
specific commercial transaction(s)  to which EOTT is a party.  If there are
any
questions about any of these guidelines, or if you become unsure of how to
handle any particular situation, please contact your supervisor or EOTT's
Legal
Department right away.

I am extremely angered by these unauthorized activities, not only because of
the
effect they have had on our 1999 results, but also because of the unfair way
they have undermined countless hours of hard work  by hundreds of good and
dedicated EOTT employees in 1999. These events are unfortunate, but they will
not have a lasting effect upon our company.  EOTT's underlying earning power
remains strong and our prospects for the future remain bright.

Your adherence to the guidelines set forth above will assist EOTT in getting
through this difficult, but passing, situation.  Thank you in advance for your
help.

And finally, I want to take this opportunity to thank all EOTT employees for
the
tremendous job you have done in lowering our expenses and levels of spending
throughout the organization.  Your initiatives, suggestions and cooperation in
this area will be a major factor in helping EOTT strive to attain its
financial
goals for 2000.

Mike

(See attached file: EOT 4Q99 Earnings v7.doc)

 - EOT 4Q99 Earnings v7.doc


Attached please find the interview packet for the above-referenced person.
The interview will happen Wednesday, November 29, 2000 .  Please print all
three documents for your hard copies.  If you have any questions, or
conflicts of schedule, please do not hesitate to contact me.

Liz Alvarado
58714


Yes


Important question...

Where should I stay in Chicago?

Thanks,

Kay


I agree with David- we should work these issues into our discussion w/ Luntz
on Friday. I think Haug captured the issues we have to grapple with better
than we've been able to thus far.
---------------------- Forwarded by Richard Shapiro/HOU/EES on 08/16/2000
02:22 AM ---------------------------

David Haug@ENRON_DEVELOPMENT
08/14/2000 10:23 PM
To: Steven J Kean/HOU/EES@EES
cc: Executive Committee@EES, Gavin
Dillingham/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Joseph P
Hirl/AP/ENRON@ENRON@EES, Jeannie Mandelker/HOU/ECT@ECT@EES, Nicholas
O'Day/AP/Enron@Enron@EES, Mark Schroeder/LON/ECT@ECT@EES, Richard
Shapiro/HOU/EES@EES, James D Steffes/HOU/EES@EES
Subject: Re: Talking Points re "reregulation" in California

Steve, thanks for the helpful materials. However, if the experience in
overseas deregulating electricity markets where price increases and spikes
have occurred is any precedent, we will need to have some more down-to-earth
responses to a some of the potentially inflammatory issues facing the
politicians:
    1. When the prices spike, who reaps the windfall? Who sells that most
expensive 1% of the kwh? Is it a careful planner or a lucky speculator or
market manipulator? Someone is making a bunch of money off the screwed up
system. Who is it, and why is that OK?
    2. We do not allow people to inflate water prices to consumers in times
of drought, or food prices in times of hurricanes or floods. Even gasoline
price increases in periods of high demand are within 20%-30% of the base, not
2,5,10 or 100 times the average like spot electric prices. The issue isn't
whether the system is broken or not or how bad partial regulation is or how
much demand has increased versus supply. Thes will be seen as "ivory tower"
discussions. The populist political issue is, until the problem is fixed, why
should some shrewd big electric company or middleman be allowed to profit off
the misfortune of consumers who did not cause the problem? Why should anyone
be allowed to profiteer by selling at multiples above their generation cost?
    3. The hedges, fixed price contracts and other de facto insurance against
volatility that Enron or others offer could be seen as a symptom of the
problem rather than the solution.  Enron could be seen as at best a band aid
and at worst an opportunist made possible only by a broken system - - -sort
of like the guys who ran the old style protection rackets, or Colombian
"security consultants" who "guard " pipelines from the threats their guerilla
afiliates create, or  political risk insurance that you shouldn't really need
if the host country wasn't so screwed up. Don't worry about high crime in
your neighborhood -  - - just hire an off-duty policeman.   Who needed these
new electricity risk management products in the old days before deregulation?

    We have to be able to answer these types of questions at the level of the
ordinary citizen, not merely have the correct long-term competitive market
solution, or the forces of ignorance and re-regulation will gain momentum.
Are we sure we shouldn't back a temporary peak hour price cap  until the
regulatory problems we're all familiar with are worked out, to avoid a much
worse long term rollback?. - - -DLH

Steven J Kean@EES
08/14/2000 05:42 PM
Sent by: Maureen McVicker@EES
To: Executive Committee
cc: Gavin Dillingham/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Joseph P
Hirl/AP/ENRON@ENRON, Jeannie Mandelker/HOU/ECT@ECT, Nicholas
O'Day/AP/Enron@Enron, Mark Schroeder/LON/ECT@ECT, Richard
Shapiro/HOU/EES@EES, James D Steffes/HOU/EES@EES

Subject: Talking Points re "reregulation" in California

As I promised this morning at the executive committee meeting, below are some
talking points for your use.

Overall message:  the market is working, regulation is not.

In California, peak demand rose by 10% over the last 4 years while new
capacity grew by only 2%.  But, as you would expect, the market responded by
proposing 8,000MW of new generation - - more than enough to offset the peak
demand growth.  The regulatory process, at both the state and local level,
has failed to site this new generation.  The problem is regulation, not
deregulation.

When San Diego customers began experiencing the effects of higher prices,
Enron responded with a fixed price which would have shielded San Diego
customers from price volatility and provided prices below their current
summer levels (Enron's price was about $55/MWH).  After publication of
Enron's offer, nine other companies made offers.  Again, the market responded
where regulation failed.  San Diego has not accepted any of these offers
because of regulatory/legislative restrictions on its ability to buy outside
of the PX (i.e. the spot market).

In markets where siting is easier, suppliers have moved to build additional
generation.  Enron built 3 plants in response to the 1998 price spikes.
Those plants were planned, sited and built in less that 12 months - - in time
for the summer of 1999.  Where regulatory hurdles are lower, the market
responds.

The solution to current pricing and reliability issues is more competition
not reregulation.  Policy makers should:

Open the transmission grid so that power can get from where it is to where it
is needed.

Expedite interconnection of new generation.

Expedite siting of new facilities.

Give customers a choice, so that they have better access to demand side
solutions.

Also attached is a more detailed discussion of California, prepared by Jeff
Dasovich of our San Francisco office.


The draft looks accurate regarding facts and history.

In paragraph 11 I would suggest that you consider adding the reason given by
El Paso for this requested change: internal accounting flexibility, i.e. that
they may wish to house these swaps in some other El Paso entity in the future
for bookeeping convenience.  When this change was agreed it was with the
understanding that the Guaranty would follow the swaps.  Even if the actual
documentation is ambiguous this was the explicit understanding of those
present at the time the request was made and the change agreed.

From: Andrew Edison on 05/04/2001 04:50 PM
To: Mark E Haedicke/HOU/ECT@ECT, Charles Ward/Corp/Enron@ENRON, Joseph
Deffner/Enron@EnronXGate, Lisa Mellencamp/HOU/ECT@ECT, Brad
Alford/NA/Enron@Enron, Richard B Sanders/HOU/ECT@ECT, W David
Duran/HOU/ECT@ECT
cc:

Subject: El Paso -Petition for Declaratory Relief

Attached is a draft of the declaratory judgment action prepared by Baker
Botts, our outside counsel on this matter.  A conscious effort has been made
for the petition to be short and sweet.  However, we need to make sure the
underlying facts and the history of the transaction are described properly.

Please take a few moments to review this draft and forward me any comments by
e-mail or fax (713-646-3490).

Thanks.

 - Petition for Declaratory Relief.DOC


GSC manages the entire RFP process for its clients.  We maintain files for
each prospective/actual supplier, including many items that the clients
themselves do not have.  As we have the most comprehensive files relating to
each supplier in the RFP process, our clients have asked that we also have
an original executed contract and original executed guaranty to complete the
file.

Therefore, please route all three copies of the documents for review and
execution.

I will check with you on Tuesday on the status of Enron's review.

Have a nice weekend.
Kim

-----Original Message-----
From: Dan.J.Hyvl@enron.com [mailto:Dan.J.Hyvl@enron.com]
Sent: Friday, December 15, 2000 11:47 AM
To: kdecell@gassupplyconsulting.com
Subject: Re: WPSC contract

Kim,
     I received the documents late yesterday.  I am in the process of
comparing the hard copy to the marked up version we have been working with.
Once I finish, I will forward the two originals of the guaranty document to
Enron Corp for their review and execution.  Once I receive it back, I will
let you know.  I will forward two copies of the contract document to the
deal contact for that departments review.  Likewise, I will let you know
when it has been signed.  I cannot at this time tell you when this may be.
     If you need quicker turnaround, we might consider counterpart
execution which would permit the documents to be signed simultaneously by
WPSC.
     Why are you requesting an original signed copy for the consultant.  A
copy should be sufficient. Don't you agree.

                    "Kim Decell"
                    <kdecell@gassupplyconsu        To:
<Dan.J.Hyvl@enron.com>
                    lting.com>                     cc:
                                                   Subject:     WPSC
contract
                    12/15/2000 03:35 PM

Dan-

Please confirm that you have received the executable copies of the
Wisconsin
Public Service contracts and Enron Corp guarantees.

Also, could you please give me an estimated date that Enron will mail the
partially executed contracts and executed guarantees to WPSC?  We would
appreciate them being sent by overnight mail.

Thanks,
Kim

Gas Supply Consulting, Inc.
(281)558-0735
kdecell@gassupplyconsulting.com


thanks

 -----Original Message-----
From: 	Ogenyi, Gloria
Sent:	Friday, November 16, 2001 10:36 AM
To:	Hunter, Bevin
Cc:	Fite, Rebecca; Kingerski, Harry; Steffes, James D.; Hetrick, Nancy
Subject:	Pilot Filing

Bevin,

Please file the attached at the Commission.

 << File: Pilot Filing.doc >>
Rebecca/Nancy,

I did not file the Commission template as an attachment because I do not think that is necessary. Also, the filing outlining the customer classes and their meter classifications is not required by the Commission, and is competitive information. In the attached, I indicated the class of customer that we served during the pilot, and number of customers. That will suffice to meet our rule obligations. Please call with any questions.

Many thanks,
Gloria


Attached are SUB's Data Responses to the Direct Service Industrial
Customer's Data Requests.  These are sent electronically via e-mail due to
potential problems with the Discovery site.

  <<Data Response DS_SP_001.doc>>  <<Data Response DS_SP_002.doc>>
<<Aluminum Study Summary.pdf>>  <<Data_Response_DS_SP_001.xls>>

 - Data Response DS_SP_001.doc
 - Data Response DS_SP_002.doc
 - Aluminum Study Summary.pdf
 - Data_Response_DS_SP_001.xls


Quick add on to Sue's note:

Right now, appears they're focused on the budget, but could take up energy.
There appears to continue to be considerable uncertainty----seems that even
many Democratic Assembly members don't know at this point what the plan is
for this afternoon/evening. Our lobbyists are attempting to get more info,
which we'll pass on soon as we get it.

Best,
Jeff

	Susan J Mara
	07/23/2001 11:38 AM

		 To: Richard Shapiro/Enron@EnronXGate, James D Steffes/Enron@EnronXGate,
Linda Robertson/NA/Enron@ENRON, Susan M Landwehr/Enron@EnronXGate, Susan J
Mara/NA/Enron@ENRON, Paul Kaufman/Enron@EnronXGate, Harry
Kingerski/Enron@EnronXGate, Michael Tribolet/ENRON@enronXgate, Kristin
Walsh/Enron@EnronXGate, mpalmer@enron.com, Karen Denne/Enron@EnronXGate,
Janel Guerrero/Enron@EnronXGate, Richard B Sanders/HOU/ECT@ECT, Vicki
Sharp/HOU/EES@EES, Wanda Curry/Enron@EnronXGate, Jeff Dasovich/NA/Enron@Enron
		 cc:
		 Subject: Assembly goes in at 4pm today

Our lobbyist called to let us know.

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854


FYI.
----- Forwarded by Jeff Dasovich/NA/Enron on 02/15/2001 06:19 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	02/15/2001 06:11 PM

		 To: jdasovic@enron.com, skean@enron.com, Richard Shapiro/NA/Enron@Enron,
James D Steffes/NA/Enron@Enron
		 cc:
		 Subject:

Steve:
Here's a substantially more cleaned-version, with attachments.  There's a
hard copy on your chair.

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 02/15/2001 05:57 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	02/15/2001 05:56 PM

		 To: jdasovic@enron.com
		 cc:
		 Subject:

Jim:
It was a pleasure speaking with you yesterday.  Based on our conversation,
this email includes the following:

An Enron contact to discuss developing small-scale generation on Tribal lands.

Our views on the impediments to distributed generation and suggestions on how
to remove those impediments.

A description of the credit issues that continue to impede DWR,s ability to
sign contracts with power suppliers, and options to resolve them. Two
possible options for addressing the credit issue are 1) a California PUC
order clarifying that DWR will recover its power purchase costs through
rates, and 2) an amendment to AB1X designed to accomplish the same goal.  I
have attached talking points regarding the California PUC order and proposed
amendments to AB1X.  We believe that an amendment to AB1X is the preferable
option.

Our assessment of the supply/demand picture in California.

Our suggestions for a legislative package designed to solve both the near-
and long-term electricity crisis in California.  We will deliver to your
office tomorrow detailed legislative language.  In those materials we will
also identify existing bills that we believe can easily accommodate our
proposed language.

I hope that the information is useful.  Please do not hesitate to contact me
if you would like to discuss these materials further, or if there is anything
else that I can do to assist you.

Regards,
Ken

Contact Information to Discuss Interest Expressed by Native American Tribes
in Installing Small-scale Generation on Tribal Lands

David Parquet, Vice-President
Enron North America
101 California Street, Suite 1950
San Francisco, CA 94111
Phone: 415.782.7820
Fax: 415.782.7851

2. Key Barriers to Distributed Generation

Excessive and Unnecessary Utility Stand-by Charges

Solution: The executive orders issued by the Governor on February 14th took a
step in the right direction.  Utility stand-by charges have always been
designed by the utilities to protect their monopoly position, extract
monopoly prices from customers, or both.  But there is no reason to limit the
elimination of these charges to generation facilities that are less than
1MW.  These limits will only lengthen unnecessarily the time it takes for
California to close the significant gap between supply and demand and reduce
the risk of black outs this summer.  We would propose lifting the cap by
offering amendments to SB27X, which is designed to facilitate development of
distributed generation.

Excessive delays and costs related to interconnecting facilities with
investor-owned and municipal utilities

Solution:   The Governor,s executive order regarding interconnection is a
step in the right direction*D-D-26-01 requires utilities to complete
interconnection studies within 7 days.  California should ensure that this
requirement applies to all generation facilities, including distributed
generation.  In addition, the financial conflicts the utilities face when
interconnecting generation facilities are simply too powerful to overcome
through executive orders or other regulations.  To the greatest extent
possible, California should shift control over interconnection away from the
utility and place that control with the California ISO.  This could be
accomplished through amendments to SB 27X.

Permitting and Air Quality Issues
Developers of distributed (i.e., &on-site8) generation that is 50 MWs or
greater must receive certification from the California Energy Commission and
therefore face all of the impediments to development that large-scale
generation faces.

Solution: California should ensure that the executive orders (D-22-01 thru
D-26-01) issued by the Governor to expedite plant siting and maximize plant
output apply equally to smaller scale, &distributed generation8 facilities.
In addition, distributed generation that is less than 50 MWs continues to
face local opposition.  The State should ensure that local, parochial
interests cannot block otherwise beneficial distributed generation projects.
These objectives could be accomplished through amendments to SB27X.

3. Credit Concerns Regarding Authority Granted to DWR in AB1X to Purchase
Electricity on Behalf of the Utilities

Enron responded to the RFP issued by DWR to enter into power contracts with
suppliers.
Enron is in active discussions with DWR to establish contract terms with the
goal of entering into a power purchase agreement as soon as possible.
However, ambiguities contained in AB1X have created significant credit risk
concerns that need to be resolved in order to finalize contract terms.
We understand that the lion,s share of counterparties share Enron,s credit
risk concerns.
Enron has proposed several options for resolving the credit risk issues and
is working with DWR to arrive at a solution that is mutually agreeable to
both sides and that might serve as a template for power purchase agreements
going forward.

Summary of the Source of the Credit Risk Issue

Ambiguous Ratemaking Authority
The language in AB1X is ambiguous as to whether DWR has any authority to
charge California ratepayers for the costs of purchasing power.  From our
analysis of the bill, the language in AB1X appears to leave intact the
California PUC,s exclusive jurisdiction over ratemaking in California.  As
such, suppliers have no assurance that the PUC will agree to include in rates
adequate charges to cover DWR,s costs of power purchases.

Ambiguous Regulatory Authority Regarding Contract &Prudence8
The language in AB1X leaves open the possibility that the California Public
Utilities Commission could determine that power purchases made by DWR are
&imprudent.8  On the basis of such a finding, the CPUC could then refuse to
allow DWR to collect from ratepayers the costs associated with its power
purchases.  Consequently, suppliers have no assurance that the PUC will agree
to include in rates the charges to cover the costs of power contracts that
DWR has entered into with suppliers.

Ambiguous Language Regarding the Ratemaking Mechanism that Will Be Used to
Recover DWR,s Costs of Power Purchases
In addition to the ambiguity regarding ratemaking and regulatory authority
noted above, the language in the bill is equally ambiguous with respect to
the specific ratemaking &mechanics8 that AB1X directs the PUC to employ to
permit DWR to recover its power purchase costs. Based on our analysis, it is
extremely difficult to determine how the PUC would design the rates to ensure
DWR recovers its power purchase costs.  Moreover, as currently drafted, it is
difficult to determine whether AB1X would even permit the PUC to include in
rates all of the charges necessary to fully recover DWR,s power purchase
costs.  Again, this ambiguity raises significant credit risk concerns since
suppliers have little assurance that DWR will have the ability to recover
from ratepayers the costs of purchasing power.

Options to Resolve Concerns Regarding Credit Risk

We have been working diligently with DWR officials to resolve the credit risk
issues.  We have identified three options:

Amend AB1X
The amendments, which are attached to this email, would clarify that a) the
PUC would accept as &prudent and reasonable8 all purchase costs incurred by
DWR, and b) the PUC is obligated to include in rates the charges necessary to
ensure that DWR fully recovers its costs of power purchases.  This is the
preferred option, though we understand that the there may be some political
challenges standing in the way of amending AB1X.  (See attached file
entitled, &AmendAB1X.doc8.)

Clarify the Ambiguities in AB1X through an Order Issued by the PUC, and
through Contract Language
This is the option that we are currently working with DWR officials to
implement.  However, it is more complicated and could take significantly more
time to implement than the "legislative" fix.  We have attached electronic
copies of the talking points related to the order that the California PUC
would need to issue under this option.  (See attached file entitled,
&cpuctalkingpoints.doc.8)

Make Use of Other Instruments Designed to Address Credit Risk
As indicated in our letter responding to DWR,s RFP, we are willing to accept
other forms of credit from DWR.  Those options include a letter of credit,
cash prepayment, or an acceptable form of collateral.  DWR officials have
indicated to us that DWR prefers to pursue the second options. That is, DWR
prefers to clarify the ambiguities in AB1X through a PUC order and through
contract amendments.

4. California,s Supply-demand Picture Heading into Summer 2001

Both the California Energy Commission and Cambridge Energy Research
Associates (CERA), a private sector energy think tank, have issued reports
showing that California faces a severe supply-demand imbalance.  They differ
only on how much and how soon additional supply will be made available.  All
credible sources agree that supply will be very tight throughout the Summer
of 2001 and that unless a solution is found immediately, blackouts are
likely.

CEC and CERA both forecast that California will be short of supply this
summer by approximately 5,000 MW.   These numbers are in line with our
estimates.  California,s supply base currently has a 6% capacity margin, well
below the average 15-20%, which is recommended for reliable system operation
in the West.  Since the West relies more heavily upon hydroelectric power
than other regions, reserves are particularly important, owing to the
unpredictability of the weather and the dry year the West has experienced to
date. In the event of a low rain and snow period, the system must possess the
flexibility to respond to the reduced availability of power supply.
California,s very low reserve margin makes it especially susceptible to this
requirement.

Other reasons for reduced supply for the Summer of 2001 include the early
draw-down of reservoirs in the continual effort to manage California's severe
supply-demand gap; emissions restrictions on existing plants; and a reduced
number of customers who can be curtailed under their contracts with the
utilities.  Cambridge Energy Research Associates asserts that at the current
pace of siting, permitting and construction, adequate supplies will not be
added to correct the market imbalance until 2003 at the earliest.

CERA predicts that California is likely to face approximately 20 hours of
rolling black outs this summer.  The CEC paints a considerably more
optimistic scenario, betting that California will bring an additional 5,000
MWs on line to meet peaking summer demand.  It is our view that California
should view the CEC's "rosy scenario" with considerable skepticism.

5. Suggested Package of Legislative Proposals Designed to Solve California,s
Electricity Crisis

This email offers an overview of our proposed legislative solution.  We will
deliver to your office tomorrow specific legislative language and existing
bills that we believe can accommodate our proposals.

As we have suggested throughout the crisis, any solution to California's
crisis must focus on four issues:

Increase supply
Decrease demand
Establish a truly competitive retail electricity market
Return California,s Investor-owned utilities to solvency

Increase supply--Legislative vehicle: SB28X (Sher)
To site and construct a power plant in Texas takes approximately 2 years.
Enron and others have completed the entire process in other states in less
than a year.  In California, it takes about six years, or longer.

The Governor,s executive orders and Senator Sher,s siting reform legislation
are steps in the right direction.  Our suggested amendments can improve those
efforts by further addressing the difficulties that project developers face
in securing air emission reduction credits to meet the air permit
requirements included in the CEC's certification requirements.  Enron,s
proposal seeks to streamline the process for 1) obtaining credits and 2)
transfering credits between air districts.  In addition, it creates an
innovative emissions reduction bank to allow project sponsors to fund
emissions in advance of obtaining certification, and permits the affected air
districts to use those funds to finance projects that will produce the
required reductions in pollution emissions.

Decrease demand*Legislative Vehicle:   AB31X (Wright)
Because of the delay in getting a solution in place in California, closing
the supply-demand gap through energy conservation and efficiency offers the
best chance of avoiding blackouts this summer.  This can be accomplished most
effectively and quickly in two ways:

Buy-down demand
California is tapping into an enormous amount of money from the General Fund
to finance DWR,s power purchases.  California could likely reduce demand more
economically by running an auction to determine the payments businesses would
be willing to receive to reduce their demand for a sustained period (e.g.,
through the summer months).  DWR could easily run an on-line auction to
determine the price it could pay for these demand reductions.  To
participate, businesses would be required to have the metering equipment
necessary to monitor and verify that they are actually achieving the
reductions.  Enron has developed an on-line auction software package, &Deal
Bench,8 that it would be willing to contribute to the effort.

Use Price Signals to Incent Voluntary Curtailment
To be successful, customers need access to the following key elements:

An internet based hour-ahead price posting system to track the market price
for hour-ahead power in real time.
Real-time metering systems for baseline demand and voluntarily curtailment
verification.
Settlement process that allows for market clearing prices of energy to be
paid for load reduction (&Negawatts8).

The potential benefits of an effective demand response program would include:

&creation8 of additional summer peaking capacity in California, particularly
in the short term, without requiring construction of additional generation
resources.
reduction of  peak or super-peak load on the over-stressed California
electric system, thus potentially reducing the overall cost of electricity in
the state.
fostering of demand elasticity without subjecting customers to the full risk
of hourly market price volatility by passing market price signals to
customers and allowing them to voluntarily shed load and be compensated for
responding.

We estimate that we could generate a summer 2001 on-peak demand response in
excess of 400 MW during certain high cost hours, and a demand response for
summer 2002 on-peak hours that could exceed 1000 MW.  We further estimate
that the market response to this program from all ESPs could be 2 to 3 times
that amount.  We recommend that the State of California provide rebates
directly to customers to fund the installation of advanced metering and
control systems that would support load curtailment implementation.

Establish a truly competitive retail electricity market*Legislative vehicle:
SB27X
The only customers who were protected from price volatility in San Diego were
customers who chose Direct Access and signed fixed price deals with energy
service providers.  Ironically, AB1X takes that important option away from
customers and businesses.  It is critical that AB1X be amended to remove the
prohibition against Direct Access.

Enron's legislative proposal would give customers freedom to enter into a
direct access transaction, while simultaneously addressing the Department of
Water Resources' concerns about stranded power costs that might result from
customer migration.

In addition, California will only achieve a competitive retail market when
the utility is removed completely from the procurement function.  Procurement
is not a utility core competency, as evidenced by the dire financial
condition in which the utilities now find themselves.  California should
therefore begin immediately to phase the utility out of the procurement
function entirely, with the goal of having all customers served by a
non-utility provider within 36 months.  To execute the transition, California
should hold a series of competitive solicitations over the 36-month period in
which competing service providers would bid for the right to serve segments
of utility load.

Return California,s Investor-owned utilities to solvency*Legislative vehicle:
AB18X
Utility bankruptcy will not increase supply and it will not decrease demand.
In short, bankruptcy does nothing to solve California,s supply-demand
imbalance.  In addition, bankruptcy increases the likelihood that consumers
and businesses will bear the significant financial risks of having California
State government assume the role of &electricity buyer8 for an extended
period of time.  Finally, bankruptcy will undermine both investor confidence
in California's energy markets and the private sector's willingness to
participate in that market.

California can return the utilities to financial solvency by implementing a
series of staged rate increases.  California should design those rate
increases with the dual goal of returning the utilities to solvency without
&shocking8 the economy or household budgets For example, California could
amortize the recovery of the utilities, past debt over a 5-10 year period.
In addition, the magnitude of the rate increase can be reduced in two ways:
First, the utilities could absorb some portion of their existing debt in
recognition of the risk they accepted when they agreed to the structure of AB
1890.  Second, California can &net8 the revenues the utilities have received
from selling electricity into the Power Exchange against the debts they have
accrued due to the retail price cap.


Start Date: 10/27/01; HourAhead hour: 13;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001102713.txt

Error retrieving HourAhead price data - process continuing...
---- Energy Import/Export Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 10/27/01
  TIE_POINT: FCORNR_5_PSUEDO
  INTERCHG_ID: EPMI_CISO_CPSE
  ENGY_TYPE: FIRM
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 10/27/01
  TIE_POINT: FCORNR_5_PSUEDO
  INTERCHG_ID: EPMI_CISO_PAC
  ENGY_TYPE: FIRM


This is to confirm a meeting tomorrow, May 15, from 2:00 to 3:00PM in Stan
Horton's office, EB5020, to go over the Clean Fuels numbers.

Cindy


Please look into this deal.

Thanks,
Mike

 -----Original Message-----
From: 	Riordan, Sean
Sent:	Monday, November 19, 2001 3:01 PM
To:	Grigsby, Mike
Subject:	FW: October issues w/ Sierra Pacific Power

Sir,

1.  Deal 1108335 - we show a fixed price of $2.20 and SPPC invoiced at $2.26.  They returned our confirm showing disagreement to our price.

Thanks,

Sean Riordan
x54298


Dave,

Please add Pat Clynes to your distribution list.  He now manages HPL
Logistics.

D


Please see the attached Management Report for June 30, 2000:

Total  Today Year To Date Life To Date

Number of Transactions  1,600 175,041 180,042
Gross Notional Value $  753,567,975 83,148,899,611 84,363,586,185

Revenue from Physical flows to date ($)  5,055,509,137 5,151,260,629

New Counterparties transacting today  2
Counterparties having transacted to date  384

Also attached is the Public Domain Report, containing information which is
intended for use in presentations or reports which will be seen by
individuals outside Enron:

Total Life to Date Transactions   > 180,000, which is > 59 % of Enron,s
current transactions for the month
Average Daily Transactions    > 2,000
Life to Date Notional Value of Transactions > $84 billion
Average Daily Notional Value    = Approximately $1 billion, which is 45.5% of
Enron,s Notional Volume
Number of Products Offered Each Day  = Approximately 820


The ICE is currently experiencing technical difficulties.  The system is being recycled and should be available by 10:15 EST.  All pending orders are being removed from the system.


<http://www.partnersinwealth.com/Images/MoreContact/Top11.gif>
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Hi Mark -

Good to hear from you. The marketing position has been filled, but thank you for thinking of us.

Let me know how we can be of help.

James R. Waters, CFP

PARTNERSINWEALTH

3400 Bissonnet ? Suite 145
Houston, TX 77005-2153
713.964.4028 phone
713.963.2977 fax
jrw@partnersinwealth.com
www.partnersinwealth.com


To be rescheduled per MH
Carolyn George made reservations - x. 3-3439


Attached is a revised version of the Posting Agreement that S&C provided to
us.  I have tried to incorporate some additional provisions and inserted a
few "place-savers" to mark some areas where we need to discuss the agreement
further; for instance, under what circumstances has a party "defaulted" --
and should at least be liable for the other party's out-of-pocket expenses
incurred in establishing the interfaces as well as give the other party the
right to terminate the agreement -- and under what circumstances should
either party be able to walk away (such as, it just doesn't work)?

Many of these provisions will be "fleshed out" more when the technical
considerations are added, and when we sit down with the counterparty to
negotiate this Agreement.  Hopefully the attached gives you something to meet
with S&C on Wednesday.  Again, I can participate by phone if any of you think
it would be helpful.  The best way to reach me is to leave me a voicemail.

Travis McCullough
Enron North America Corp.
1400 Smith Street EB 3817
Houston Texas 77002
Phone:  (713) 853-1575
Fax: (713) 646-3490


The report named: West VaR and Peak Position Report By Trader <http://erv.corp.enron.com/linkFromExcel.asp?report_cd=26&report_name=West+VaR+and+Peak+Position+Report+By+Trader&category_cd=6&category_name=WEST&toc_hide=1&sTV1=6&TV1Exp=Y&current_efct_date=10/19/2001>, published as of 10/19/2001 is now available for viewing on the website.

(Revision: 2)


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 12/15/2000
04:49 PM ---------------------------

"Btu" <subs@btu.net> on 12/15/2000 04:30:32 PM
To: "Btu Weekly" <>
cc:
Subject: Btu Weekly

Attached is the latest issue of Btu Weekly.

e-mail: info@Btu.net
phone: 732-758-8222
fax: 732-758-8286

 - wg121800.pdf


Badri,

In the event DPC signs the contract, we would need to make it Indian tax
efficient. PLease suggest the structure/clauses/information required by which
we need not pay withholding taxes. If you need more info on the scope of work
contemplated you can talk to Wade/Neil/Sandeep.

Regards
Mohan

Sandeep Kohli
01/22/2001 07:11 AM
To: Wade Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mohan Gurunath
cc: Stinson Gibner@ECT, Vince J Kaminski@ECT, Bruce
Lundstrom/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bonnie
Nelson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Lauren Haggety

Subject: Re: CA for Henwood engagement

Wade/Mohan,

Please find below the last draft copy of the Henwood Consulting Agreement.
We need to sign this asap so as to not be in violation of ENE policies.

As you will see, the draft Agreement is made out with Enron in mind, even
though we have left the company name blank in the agreement.

Mohan - Last when we spoke (Friday), you were going to explore the tax
aspects of having DPC be the signing company.  Please tell us if that works.

Separately, you and Wade may need to consider how DPC lenders may look upon
some of the information emerging from this study, and whether you want all of
it in lender domain.

Based on the same you may want to decide whether this needs to be EIPL, ENE
Houston, or DPC.  We could also have a version where ENE Houston is signing
the contract on behalf of DPC.

Please let me know what you decide, and we will proceed accordingly.  If you
would like someone in EIPL/DPC to be signing the contract, please let me
know, who the signing authority is.  I suspect, that even I could sign on
behalf of DPC or ENE ??  If so, I will be in Houston on Wednesday, and sign
at the time.  If not, you can assign someone to sign.

Regards,
Sandeep.

---------------------- Forwarded by Sandeep Kohli/ENRON_DEVELOPMENT on
01/22/2001 06:59 AM ---------------------------

LAUREN HAGERTY
01/20/2001 01:01 AM
To: Bonnie Nelson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Bruce Lundstrom/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sandeep
Kohli/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Stinson Gibner/HOU/ECT@ECT, Vince
J Kaminski/HOU/ECT@ECT
Subject: Re: CA for Henwood engagement

I suspect that Enron India LLC would be the entity to use.  However, is
anyone from Tax involved in this?  If not, we need to get someone in the
loop.
____________________________
Lauren Hagerty
Enron India/EBS Asia
Three Allen Center, Room 2119
Houston, Texas 77002
Phone:  713-646-6529
Fax:  713-646-7549

	Bonnie Nelson
	01/19/2001 11:54 AM

		 To: Stinson Gibner/HOU/ECT@ECT, Bruce
Lundstrom/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Lauren
Hagerty/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 cc: Vince J Kaminski/HOU/ECT@ECT, Sandeep
Kohli/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 Subject: Re: CA for Henwood engagement

Stinson,

Please find attached a revised version of the draft Consulting Agreement with
Henwood.  FYI, I am attaching both a clean version and one marked toshow
changes from the last draft I sent you.  Please let me know if you have any
questions or comments on the agreement or the most recent changes.

WHat is the status of Henwood?  Do you still want to engage them and what is
the timeframe for their work (the dates in the draft may need to be
corrected).

Bruce and Lauren:  please advise on which Enron entity should be the party to
this Consulting Agreement.

Thanks, Bonnie


FYI.  QFs are beginning to stop operating due to non-payment.  In addition,
Enron Wind is a partner in some QF plants (not the General Partner so they
couldn't do anything) that has filed a Breach of Contract against SCE.

Jim

----- Forwarded by James D Steffes/NA/Enron on 03/08/2001 06:44 AM -----

	Hap Boyd
	03/07/2001 03:38 PM

		 To: Richard Shapiro/NA/Enron@Enron, James D Steffes/NA/Enron@Enron
		 cc:
		 Subject: Calif ISO: Qualifying Facils Capable Of 1,800 MW Off-Line

FYI. It's starting to get ugly!
Hap
---------------------- Forwarded by Hap Boyd/EWC/Enron on 03/07/2001 01:50 PM
---------------------------

"John Shahabian" <js@cleanpower.org> on 03/07/2001 11:49:07 AM
To: "V. John White \(E-mail\)" <vjw@cleanpower.org>
cc:

Subject: Calif ISO: Qualifying Facils Capable Of 1,800 MW Off-Line

?
?

[The Wall Street Journal Interactive Edition]
March 7, 2001

Dow Jones  Newswires

Calif ISO: Qualifying Facils Capable Of 1,800 MW Off-Line

Dow Jones Newswires

(This article was originally published Tuesday.)

NEW YORK -- Small, independent power plants in California that are capable
of  generating 1,800 megawatts of power are shut down because their owners
haven't  been paid by the state's two main utilities, the California
Independent System  Operator said Tuesday.

The decline in small-plant output has contributed to the state's
power-supply  problems the past two months. Partnerships involving El Paso
Corp. (EPG), for  example, shut down 350-MW of generation this weekend due to
nonpayment, the  company said Tuesday.

Edison International's (EIX) Southern California Edison hasn't paid the
owners of the smaller generators, known as "qualifying facilities," since
early  December, which means the generators are still owed for electric
production in  October. PG&E Corp. (PCG) has paid only a small percentage of
its qualifying  facility bills since its last full payment in early January.

Almost all of the closed generators are fueled by natural gas. Many of the
companies haven't been able to pay their gas suppliers and have been cut off
from their gas supply.

The California Senate Energy Committee plans to vote on legislation to
create  a new pricing system for all qualifying facilities this week. The
plants,  one-third of which are powered by renewable sources like wind and
solar power,  meet almost 30% of California's electricity needs.

The proposed bill would cut the prices to qualifying facilities from about
17  cents a kilowatt-hour the past eight months to about 8 cents/kwh,
depending on  the price of five-year natural gas contracts the generators can
sign. The plants  that run on renewable resources would be paid 5.37
cents/kwh.

In addition, the utilities would continue to pay qualifying facility owners
for some of their fixed costs. The bill, if enacted, would also require the
utilities to pay all past-due bills by June 1.

To take effect immediately as an emergency act, the bill requires approval
by  two-thirds of both the state's Senate and Assembly. If the bill is
passed, a  process for quickly determining the five-year gas price would
begin.

PG&E and Sempra Energy's (SRE) San Diego Gas & Electric support the  bill,
while Southern California Edison opposes it, said sources with the  utilities
and qualifying facility companies.

-By Mark Golden, Dow Jones Newswires; 201-938-4604;  mark.golden@dowjones.com

URL for this  Article:
http://interactive.wsj.com/archive/retrieve.cgi?id=DI-CO-20010307-003175.djml

Copyright , 2001 Dow Jones & Company, Inc. All  Rights Reserved.

Printing, distribution, and use of this material is governed by your
Subscription Agreement and copyright laws.

For information about subscribing, go to http://wsj.com


ask Nikki if this is on the 2nd floor


Jeff

Why don't you take a stab at the disaster plan.

John
---------------------- Forwarded by John J Lavorato/Corp/Enron on 07/17/2000
09:27 AM ---------------------------

David W Delainey@ECT
07/10/2000 11:41 PM
To: Jeffrey A Shankman/HOU/ECT@ECT, John J Lavorato/Corp/Enron@Enron
cc:

Subject:

I agree with Jeff - we need to have a more concrete plan and capability. Let
me know what you want me to do.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 07/10/2000
11:36 PM ---------------------------

	From:  Jeffrey A Shankman                           07/10/2000 03:57 PM

To: David W Delainey/HOU/ECT@ECT, John J Lavorato/Corp/Enron@Enron
cc:
Subject:

I think it's time to review our disaster plan with respect to trading as we
enter hurrincane season.  As I understand, there is no real cohesive plan, or
course of action.  We could think about the Chicago office as an evacuation
site for redundant trading, etc. This issue affects all businesses, and Sally
and I have been talking about this problem.  John, should I get in touch with
Phillippe or do anything else?

Jeff


Friday, October 19, 2001

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Greetings Justin and Laura:
As we discussed there is a significant coalition of folks working at the
Legislature to try to remove the prohibition on Direct Access included in
Hertzberg's AB1X and recently signed by the Governor.

Simply put, it is clear that the prohibition will only be removed if the
business community communicates clearly  and unequivocally and vociferously
to the Legislature that Direct Access is a priority for business, and that
the Legislature must amend AB1X to permit Direct Access.

I've attached the media plan developed by the PR firm that's working with ARM
(Alliance for Retail Markets) to increase the focus on the need to re-instate
Direct Access.  The ARM coalition of energy service providers has been the
focal point of the ever-growing coalition that has developed (and continues
to develop) around the Direct Access issue.

In order to succeed, it is critical to get as many members of the Silicon
Valley Manufactures' Group to join in the effort and participate actively,
particularly in the media effort.

My colleague Sue Mara has been a key player in the ARM coalition and in the
development of the medial effort.  She can provide you with any information
and/or assistance that you need and can also get you in contact with Edelman,
the PR firm directing the media effort.  Sue's number is 415.782.7802.  Her
email is smara@enron.com.

And, as always, you can contact me at any time (415.782.7822).

Looking forward to any participation that you folks can offer.

All the best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 03/02/2001 01:08 PM -----

	Scott Govenar <sgovenar@govadv.com>
	02/28/2001 11:00 AM

		 To: Hedy Govenar <hgovenar@govadv.com>, Mike Day <MDay@GMSSR.com>, Bev
Hansen <bhansen@lhom.com>, Jeff Dasovich <jdasovic@enron.com>, Susan J Mara
<smara@enron.com>, Joseph Alamo <JAlamo@enron.com>, Paul Kaufman
<paul.kaufman@enron.com>, Michael McDonald <Michael.McDonald@enron.com>,
David Parquet <David.Parquet@enron.com>, Rick Johnson
<rick.johnson@enron.com>, Marcie Milner <mmilner@enron.com>, Sandra McCubbin
<Sandra.McCubbin@enron.com>, Tim Belden <Tim.Belden@enron.com>, Rick Shapiro
<rshapiro@enron.com>, Jim Steffes <james.d.steffes@enron.com>, Alan Comnes
<acomnes@enron.com>, Chris Calger <ccalger@enron.com>, Mary Hain
<mary.hain@enron.com>, Joe Hartsoe <Joe.Hartsoe@enron.com>, Donna Fulton
<Donna.Fulton@enron.com>, Steven Kean <Steven.J.Kean@enron.com>, Karen Denne
<kdenne@enron.com>, Beverly Aden <beverly.aden@enron.com>, Bill Votaw
<bill.votaw@enron.com>, Carol Moffett <carol.moffett@enron.com>, Debora
Whitehead <debora.whitehead@enron.com>, Dennis Benevides
<dennis.benevides@enron.com>, Don Black <don.black@enron.com>, Dorothy
Youngblood <dorothy.youngblood@enron.com>, "dblack@enron.com"
<dblack@enron.com>, "emelvin@enron.com" <emelvin@enron.com>,
"ehughes2@enron.com" <ehughes2@enron.com>, "gweiss@enron.com"
<gweiss@enron.com>, "gsavage@enron.com" <gsavage@enron.com>,
"Harry.Kingerski@enron.com" <Harry.Kingerski@enron.com>, "kgustafs@enron.com"
<kgustafs@enron.com>, Mike D Smith <msmith1@enron.com>, "sgahn@enron.com"
<sgahn@enron.com>, "vsharp@enron.com" <vsharp@enron.com>, "wcurry@enron.com"
<wcurry@enron.com>, "William.S.Bradford@enron.com"
<William.S.Bradford@enron.com>, Leslie Lawner <Leslie.Lawner@enron.com>, John
Neslage <john.neslage@enron.com>, Ken Smith <ken@kdscommunications.com>
		 cc:
		 Subject: [Fwd: Direct Access Coalition Media Plan]

Attached, please find the latest information from the direct access
coalition.

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From: "Fairchild, Tracy" <tracy.fairchild@edelman.com>
To: dhunter@smithandkempton.com, brbarkovich@earthlink.net,
wbooth@booth-law.com, drothrock@cmta.net, jackson_gualco@gualcogroup.com,
kmills@cfbf.com, kmccrea@sablaw.com, mday@gmssr.com,  nplotkin@tfglobby.com,
spahnn@hnks.com, wlarson@calstate.edu,  vincent.stewart@ucop.edu,
gharrison@calstate.edu, sgovenar@govadv.com,  hgovenar@govadv.com,
smccubbi@enron.com, lhastings@cagrocers.com,  theo@ppallc.com,
cra@calretailers.com, mmoretti@calhealth.org,  wbrown@lhom.com,
randy_britt@robinsonsmay.com, "DiMare, Dominic"
<Dominic.DiMare@calchamber.com>, vjw@ceert.org, rcavanagh@nrdc.org,
rochmanm@spurr-remac.org, rrichter@calhealth.org, ken_pietrelli@ocli.com,
dennis.flatt@kp.org, richard.seguin@kp.org, arm@phaser.com,
djsmith@smithandkempton.com, "Fairchild, Tracy"
<tracy.fairchild@edelman.com>, "Allen, Stevan"  <stevan.allen@edelman.com>,
"Beiser, Megan" <Megan.Beiser@edelman.com>,  "Manuel, Erica"
<Erica.Manuel@edelman.com>, "Warner, Jami"  <jami.warner@edelman.com>
Subject: Direct Access Coalition Media Plan
Date: Tue, 27 Feb 2001 22:46:28 -0500
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Hello to the Direct Access Coalition:

Below you will find a summary of the press strategy that Edelman Public
Relations intends to employ over the coming weeks in collaboration with the
Alliance for Retail Energy Markets and the broader Direct Access Coalition.
I will also outline the information that I need from Direct Access Coalition
members who are willing to be involved in media outreach and interviews.
And finally, I have attached supporting documents that you can use as
background material to prep for your responses to any media inquiries that
you may receive.

This Week

1.   We are drafting a "pitch letter" to send out by the end of this week
via blast e-mail and fax to the following media lists: 1)capitol press corps
reporters; 2) mainstream media reporters working the energy crisis; and 3)
trade media.  We may also outreach to our editorial board list as well.  Our
pitch will be focused on what it will really mean for small business and C&I
customers to lose the option of retail choice at a time when they are
suffering the financial hardships of skyrocketing energy bills. We will
address the effect on California's future business climate if direct access
is not preserved through legislation that corrects the problems that AB1x
caused for retail choice.  And finally, we will address the point that no
matter what direction California ultimately takes, direct access must be a
part of the solution.  Reporters have seen the recent polls which illustrate
California businesses' concerns with the path the state is on so this is a
prime opportunity to build on those recent media stories.

2.    We recommend a conference call with AReM and the Direct Access
Coalition on Friday to address the questions and suggestions on the press
strategy outlined here.

3.     Determine which people in the Direct Access Coalition are willing to
take media calls on behalf of the coalition.

Next Week

1.   Follow up with key reporters who received the pitch letter.

2.   Evaluate the language of SB 27x and determine whether there will be an
opportunity to hold a news conference with Sen. Bowen in the near future.
Monitor movement at the PUC and determine whether a press conference may be
effective in this arena, or whether we may need to use the option of sending
a media alert before the March 7 hearing, followed by a news release after
the hearing.

3.   Place op-eds (opinion pieces) with key newspapers.

4.   Contact radio news shows and TV public affairs shows (i.e. California
Capitol Week and the California Report) to secure
media interviews.

5.    Revise the SB 27x fact sheet (attached) to reflect the realities of
the amended language in SB 27x.

 What We Need From You

1.  If you are willing to speak with the media, or you have
customers/clients with a positive direct access story to tell, please
respond to this email as soon as you can with your name and contact
information.

2.  If you have draft op-eds written that need to be placed with newspapers
on behalf of your association and the broader coalition, we are willing to
do this for the you.

3.  If you have colleagues and/or staff that are already working with the
media it would be helpful to have this information so that we can
collaborate as necessary.

The Documents Below

>  All documents are works in progress, so if you have suggestions on
> potential changes, please feel free to share them with us.
>

Thank you.

>  <<AREM Fact Sheet 2212001 ver 2272001.doc>>
>  <<Q&A @ ESP Reversions 22701.doc>>  <<AReM FAQ FINAL3.doc>>  <<AREM Fact
> FINAL3.doc>>
>
> Tracy Fairchild
> Account Supervisor
> Edelman Public Relations Worldwide
> (916) 442-2331
> tracy.fairchild@edelman.com
>

 - AREM Fact Sheet 2212001 ver 2272001.doc
 - Q&A @ ESP Reversions 22701.doc
 - AReM FAQ FINAL3.doc
 - AREM Fact FINAL3.doc


The Enron government affairs group has been actively involved in a number of
international initiatives to support our arious business units.  These
activities have ranged from specific project advocacy with the U.S.
government to active leadership in multilateral trade organizations (like
WTO) and relationship building with international funding institutions.

Other than the specific project advocacy, much of this work has been
relatively general, based on well accepted Enron objectives such as
liberalization and privatization.  Going forward, as we have discussed, I
would like to see our strategy and objectives for interaction with these
organizations built up from specific business unit objectives.  Consequently,
I will be setting up a series of conference calls to include representatives
from the regional government affairs groups and people who have been working
with the international trade and funding organizations (to describe the tools
which may available to meet regional business unit objectives).

The objective will be to come out of the discussion with specific objectives
and strategies for using the relationships and tools available to us to
advance the regional


Can either of the two distinguished Jim's from accounting help me with a
financial liquidation problem from 0007.  I have a deal NR2989.1 that is
showing up in my actuals for the beloved FRED file for this production
month.  When I look at the deal in TAGG, the deal is an annuity booked to
NG-Price.  I do not believe this should be in the central region.  Any
assistance in clearing this is much appreciated due to the fun meeting we had
yesterday regarding financial liquidations.  Thanks for your help guys.
Cathy this should clear/address all of our issues in 0007 for fin. liq.
PL


Attached is the Assignment/Termination/Expiration Report for September.  If
you no longer want to be on the distribution list for this report, please let
me know.


Ian,

I shall ask our lawyer to prepare a standard
non-disclosure agreement.

As soo as it is executed,
I shall send you a copy of the binder.

Please, don't distribute it: It's an internal document.

By the way, when is your trip?

Vince

"MacMillan, Ian" <macmilli@wharton.upenn.edu> on 02/04/2001 09:59:18 AM
To: "'Vince.J.Kaminski@enron.com'" <Vince.J.Kaminski@enron.com>
cc:
Subject: Real Options

Hi!
When we last spoke you mentioned that you have workshops on real options at
Enron.
Is there any chance that I could see the materials that you use?  I would
like to prepare for a visit to your HQ, which would probably be more
effective if I knew more about what approaches your people are using.
This material would be treated with strict confidentiality and I would be
happy to sign any confidentiality agreements


---------------------- Forwarded by Phillip M Love/HOU/ECT on 06/14/2000
07:24 AM ---------------------------

"Jason Dobbs" <jmjaked@mindspring.com> on 06/14/2000 12:27:14 AM
To: "tyson davis" <zeked@mindspring.com>, "tony autry"
<bones@pepperlink.net>, "phil love--work" <plove@enron.com>, "louis bowen"
<bowenx2@pepperlink.net>, "Jim Wood" <jwood@regionsbank.com>, "Caleb"
<dobbsmw@mail.auburn.edu>, "Boo Boo" <Shane.Dobbs@fctg.com>
cc:
Subject: Fw: Good Golf Joke

----- Original Message -----
From: F. E. Bori <frank4au@alltel.net>
To: Scott <saperkin@nscorp.com>; Mark <mpeeler@totalsystem.com>; KMcfarlin
<kmcfarlin@xomed.com>; Melanie <jmjaked@mindspring.com>; procter
<procter@gateway.net>; Roger Work <RBori@sparton.com>
Sent: Tuesday, June 13, 2000 7:23 PM
Subject: Fw: Good Golf Joke

>
> >
> > > >It was a sunny Saturday morning on the course and I was beginning my
> > > >
> > > >pre-shot routine, visualizing my upcoming shot, when a voice came
over
> > > >
> > > >the clubhouse loudspeaker.
> > > >
> > > >"Would the gentleman on the woman's tee back up to the men's tee
> > > >
> > > >please!!" I was still deep in my routine, seemingly impervious to the
> > > >
> > > >interruption.
> > > >
> > > >       Again the announcement,
> > > >
> > > >"Would the MAN on the WOMEN'S tee kindly back up to the men's tee." I
> > > >
> > > >simply ignored the guy and kept concentrating, when once more, the
man
> > > >
> > > >yelled: "Would the man on the woman's tee back up to the men's tee,
> > > >
> > > >PLEASE!"
> > > >
> > > >I finally stopped, turned, looked through the clubhouse window
directly
> > > >
> > > >at the person with the mike and shouted back, "Would the person in
the
> > > >
> > > >clubhouse kindly shut the fuck up and let me play my second shot?"
> > > >
> > > >
> > > >   _____
> > > >
> > > >
> > > >
> > > >Happy July 4th !!!
> > > >
> > > >
> > > >
> > > >
> > > >
> > > >
> > > >
> > > >Please visit our web site.  [http://www.dunavant.com]
> > > >
> > >
>**********************************************************************
> > > >This email and any files transmitted with it are confidential and
> > > >intended solely for the use of the individual or entity to whom they
> > > >are addressed. If you have received this email in error please notify
> > > >the sender.
> > >
>**********************************************************************
> > > >
> > > >
> > > >
> > > >
> > >
> > >
________________________________________________________________________
> > > Get Your Private, Free E-mail from MSN Hotmail at
http://www.hotmail.com
> > >
> > >
> >
>