Please change to Power Marketing.  Edward Sacks in credit has indicated that
it should be them.  Thanks.

   Kate Symes                01/31/2001 11:20 AM

To: Rhonda L Denton/HOU/ECT@ECT
cc:
Subject: Re: Conoco Pipe Line

I just spoke with Sean Crandall, the trader on these deals, and he said the
counterparty could be either Conoco Pipeline Co. or Conoco Power Marketing.
If credit has specified the latter, I'll change these deals. Just let me know.

Thanks,
Kate

Rhonda L Denton
01/30/2001 03:34 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Conoco Pipe Line

Credit called me and believes the following deals should be booked to Conoco
Power Marketing.  Can you check on them for me and let me know?  I appreciate
it.

507417
507430
506549
506550
506551

Gracias!!


Chinese traditional  Show
Lion Dancing

Welcome to Consumption Function of Pacific Rim Tonight
Don't miss the precious chance

Kevin (Xiaohe) Guo
MBA Candidate, Class of 2003
Walter A. Haas School of Business
University of California, Berkeley
510 525-7295 (Home)
510 928-8331 (Cell)
E-mail: guo@haas.berkeley.edu


Please begin your focus on increasing EOL liquidity as soon as possible.  This is not a long term project.  Lavo will be seeking immediate results.

Thanks,
Mike


Hi Allyson,

What is your impression of why the NC attorney general's office has
intervened in the CPCN proceeding?  Is this typical?  Does the AG's office
(or any other intervenor) have any special rights to discover any of the
confidential information we file?

Thanks,

Kay


tHANKS.

-----Original Message-----
From: Fossum, Drew
Sent: Wednesday, October 31, 2001 1:22 PM
To: Hayslett, Rod
Subject:

The dropdown of ENA prepay came up in a big group mtg with banks.  Kevin turned me loose to make our point that prepay must beconverted to debt prior to dropdown.  Term sheet is vague on this but banks understand and are OK with it.
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)


Bubbie:
You are hereby invited to the tenth annual Spectron/Enron Celebrity Tony's
dinner featuring Brian Tracy, John Arnold, and Mike Maggi.

Regrets only,

John


Let me see what I can do.  I can't believe you haven't gotten any kind of
notice.

I still need your credit card information for the phone bill.

	Kay Mann@ENRON
	05/31/2001 09:03 AM

		 To: Suzanne Adams/HOU/ECT@ECT
		 cc:
		 Subject: Yes, they are deducting for parking

How do I get on the list for the form?  Could you pretty please check for me?

Thanks,

Kay


I will need to leave the office at approximately 5 pm.  Sara


In order to bring better legal coordination and standardization to Enron's Risk Assessment and Control (RAC) group, we have formed a new legal group, which will initially include Lisa Mellencamp (Finance), Marcus Nettelton (Power Trading), Carol St. Clair (Broadband/Power Trading), Mary Cook (Financial Swaps), Peter Keohane (Canada), Ed Essandoh (Retail), Paul Darmitzel (Retail) and Elizabeth Sager (Power Trading) (Team Leader).  This group will focus on, among other things, managing Enron's exposures with bankrupt counterparties, working out credit solutions with distressed counterparties and standardizing our overall credit practices.  The initial members in this group have been drawn from Enron's numerous legal groups in order to gain a broader perspective.   Each of these members will provide support to this new group in addition to their current responsibilities.

	Within RAC, Michael Tribolet will focus on distressed counterparties, in conjunction with Bill Bradford, who continues to manage the Credit Risk Management group.

	Please join us in supporting the efforts of this new group.


Just leave the nom as is in Sitara.  We will look at all wellheads next week.

D

Tom Acton@ENRON
04/14/2000 08:15 AM
To: Daren J Farmer/HOU/ECT@ECT, Vance L Taylor/HOU/ECT@ECT
cc: Gary A Hanks/HOU/ECT@ECT, Lisa Hesse/HOU/ECT@ECT
Subject: Texaco 989826

Bill Moore called this morning and said he sent in a nomination change for
the 15th on for meter 989826.  He would like to go from 1100 to 1250.  The
daily meter volumes are ranging for the month from 1164 to 1334 Bill feels
the 1250 will be the avg. Let me know what you think Daren.  thanks.


----- Forwarded by Sara Shackleton/HOU/ECT on 07/11/2000 04:02 PM -----

	Darren Delage
	07/11/2000 03:17 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: PrimeTrade Agreement - Enron

Sarah,
The Financial trading group would like to enter into a a prime trading
agreement with First Boston. They have an internet-based
futures trading program which holds a certain amount of appeal for us and we
would like to expedite the process of gaining access to this system. I wanted
to let you know in advance and will forward the agreements as soon as I
receive them.

Sincerely,
Darren

---------------------- Forwarded by Darren Delage/HOU/ECT on 07/11/2000 02:54
PM ---------------------------

"Goss, Kathleen" <kathleen.goss@csfb.com> on 07/11/2000 02:48:37 PM
To: "'darren.delage@enron.com'" <darren.delage@enron.com>
cc:
Subject: PrimeTrade Agreement - Enron

Dear Darren:

Attached please find the PrimeTrade Access Agreement which is being sent to
you at the request of Charlie Zahringer. After you have reviewed the
document, sign two (2) copies and return to me. Once the CSFB Managing
Director has signed them we will return a copy for your records.

Should you have any questions do not hesitate to call me at (212) 325-2228
or Charlie at (212)325-3337 or Charles.Zahringer@CSFB.com

 <<PrimeTradeAccessAgreement.doc>>

Kate

Kathleen M. Dybala
> CREDIT | FIRST
> SUISSE  | BOSTON
>
Tel:  212 325 2228

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

 - PrimeTradeAccessAgreement.doc


---------------------- Forwarded by Darron C Giron/HOU/ECT on 12/11/2000
10:31 AM ---------------------------

Robin Rodrigue
12/08/2000 03:51 PM
To: Darron C Giron/HOU/ECT@ECT
cc:
Subject: GRMS Spreadsheet

Here's an example of the GRMS spreadsheet.


To:? Workshop Participants

Attached are additional articles that should be added to your reading list.

1)??????"High Electricity Prices in the West: What Can Be Done About It?", by
Shmuel Oren and Pablo T. Spiller.?

2)??????"Electricity Market Reform in California", by John D. Chandley, Scott
M. Harvey, and William W. Hogan.?

Sincerely,
David Teece

P.S.? Directions and parking instructions will be sent to you shortly.

 - High Elec Prices.doc
 - Electricity Mkt Reform.pdf
======================================
David J. Teece, Director
Institute of Management, Innovation and Organization
F402 Haas School of Business #1930
University of California, Berkeley
Berkeley, CA  94720-1930
Phone:  (510) 642-1075
Fax:  (510) 642-2826
http://haas.berkeley.edu/~imio
======================================


I have reworked the outline to include new material and to update some of the
information.  I would appreciate your comments.

I have added additional hypotheticals to the list.  In my experience, this
program works with 6 hypotheticals soyou need to choose the 6 you think work
best.  Please let me know, and I will prepare the packages

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

This e-mail is sent by a law firm and contains information
that may be privileged and confidential. If you are not the
intended recipient, please delete the e-mail and notify us
immediately.

 - Compliance Program.wpd
 - Hypotheticals.wpd


SIVY ON STOCKS from money.com
May 4, 2001

Staggering toward profits

The economic numbers are hard to sort out, and some analysts are talking
about stagflation. The best stocks for this environment include consumer
products companies like Procter & Gamble.

By Michael Sivy

The most recent economic data all contradict each other. First we hear that
real gross domestic product grew at a 2 percent annual rate in the first
quarter -- a stunner, because just about everyone was expecting growth to
be down from the 1 percent rate of the fourth quarter. So no need to worry
about recession, right? But then we get employment data that shows payroll
numbers tumbling and unemployment up from 4.3 percent to 4.5 percent. In
addition, inflation pressures -- particularly labor costs -- are moving
ominously higher. Economists are starting to talk about stagflation, the
awful combination of inflation and low growth. The last time they did that
we had an oil crisis and a horrific bear market.

Don't take any of this too seriously. Confusion and economic cross-currents
are normal at this point in the business cycle. What we're seeing now is
the regular churning that occurs as the economy completes a slowdown and
struggles to get back on a growth track. For investors, the key is to
isolate the trends that really matter.

The most important one is that the economy as a whole is still growing.
Despite lots of scattered bad news, we still haven't has a single quarter
of declining GDP. We might get one, but it's hard to imagine that we'll get
two really bad quarters back to back -- and that's what defines a
recession. At worst, it looks as though we'll get what they used to call a
"growth recession" back in the 1960s -- a drop more or less to zero, but
not a meaningful decline.

That's basically good news for corporate profits. Companies can maintain
earnings during a brief growth recession by cutting costs. And a modest
rise in unemployment is also positive for corporate America, because it
makes jobs easier to fill, and restrains labor costs.

An uptick in unemployment is also likely to encourage the Federal Reserve
to cut interest rates. The majority of Fedwatchers expect chairman Alan
Greenspan to reduce rates at least a quarter percentage point at the next
Fed meeting on May 15. The continuing trend toward lower rates will
encourage home refinancing, which will add another $100 or $200 a month to
some household budgets and help keep overall consumer spending healthy.

What stocks are most timely at this point in the cycle? As I've said
before, I think that the big money over the next five years will be made on
the largest tech stocks. Nearer term, I think we could see strong
performance among defensive consumer stocks -- the shares of companies that
sell everyday products. No one is going to stop buying toothpaste or
detergent because of a mild economic slowdown. And a whiff of inflation is
actually good for consumer stocks because it makes it easier to raise
product prices.

One obvious candidate is Procter & Gamble [PG], with brands that include
Tide, Ivory, Head & Shoulders and Charmin. The stock has dipped since I
last recommended it, but since April 24, P&G has risen 12 percent. And I
expect that rally to continue.

P&G has a number of big issues. The company is in the midst of a
restructuring, and it could take a while to work through all the kinks. In
addition, P&G is bidding to acquire Clairol from Bristol-Myers Squibb. But
over the next year, P&G should emerge from its restructuring as a more
focused collection of extremely attractive businesses. What matters most
now is that the stock is depressed and that sales won't be exposed to any
significant economic downturn.

This past week, P&G announced a surprisingly solid 9.4 percent gain in
operating profits for the first quarter. Much of that was from price
increases. Still, analysts thought the results were encouraging, and
Salomon Smith Barney upgraded the stock to "outperform." Full-year growth
this year and next may be only around 7 percent, but P&G's growth rate
could be back above 10 percent by sometime next year. Add in a 2.1 percent
yield, and you're talking about above-average total return potential. At a
current price of $64 a share, P&G is trading at less than 21 times this
year's estimated earnings. That's pretty cheap, and any successful results
from the restructuring would just be gravy.

###

Post your comments on Michael's column at:
http://www.money.com/depts/investing/sivy/index.html

To subscribe or unsubscribe to Sivy on Stocks, go to:
http://www.money.com/email/

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Assuming all of what is below is all correct, it appears that TDC is
entitled to payment.  The question with administrative priority is whether
the the estate benefitted.  If we took the gas, I assume that we did.
THanks.

"Germany, Chris" <Chris.Germany@ENRON.com> on 03/06/2002 02:38:33 PM
cc:    "Dicarlo, Louis" <Louis.Dicarlo@ENRON.com>, "Dhont, Margaret"
       <Margaret.Dhont@ENRON.com>, "Polsky, Phil"
       <Philip.Polsky@ENRON.com>, "Boyt, Eric" <Eric.Boyt@ENRON.com>,
       "Parks, Joe" <Joe.Parks@ENRON.com>, Melanie Gray/HO/WGM/US@WGM
Subject:    RE: Letter re Unpaid Invoice for Post petition Deliveries

3/6/02 2:30 PM just spoke with Louis Schott (504-529-3630  Sr. Vice
President & General Counsel for TDC) - TDC has not filed a claim with the
courts at this time.  TDC is trying to avoid the administrative expense and
expects to be paid $203,196.00.  I told him I would call him back Friday
afternoon and give him a status update.  Please let me know what I can tell
him.  This was an ENA deal.

>  -----Original Message-----
> From:     Mann, Kay
> Sent:     Wednesday, March 06, 2002 2:02 PM
> To: Germany, Chris; McMichael Jr., Ed
> Cc: Dicarlo, Louis; Dhont, Margaret; Polsky, Phil; Boyt, Eric; Parks,
Joe; 'melanie.gray@weil.com'
> Subject:  RE: Letter re Unpaid Invoice for Post petition Deliveries
>
> If is was an ENA deal, the Dec. 3 is correct post-petition date.
>
> I don't have anything on my list from TDC.  Won't hurt to call them
anyway.
>
> Kay
>
>      -----Original Message-----
>     From:       Germany, Chris
>     Sent: Wednesday, March 06, 2002 11:13 AM
>     To:   McMichael Jr., Ed; Mann, Kay
>     Cc:   Dicarlo, Louis; Dhont, Margaret; Polsky, Phil; Boyt, Eric;
Parks, Joe
>     Subject:    FW: Letter re Unpaid Invoice for Post petition Deliveries
>
>     Summary:  TDC Energy Corporation is requesting payment of $203,196.00
from ENA for post-petition gas that flowed in the month of December 2001
(sitara deal #1143983).  TDC stated that it would "file a claim for
administrative expenses in the bankruptcy court in New York and seek all
other necessary relief against ENA" if ENA did not remit payment by the
close of business Feb 22, 2002.  Based on the information in this email it
appears that ENA should pay TDC $203,196.00.
>
>     Kay, Ed, Question:  I have not contacted TDC to determine if they
have filed a claim with the court.  Would that have any impact on making a
payment to TDC?  Should I contact TDC?
>
>
>     Calculation of Post-Petition Payment using Dec 3 as Post-Petition day
>     Gas scheduled Dec 3-24, 26-31 = 28 days, volume = 3,000 dth per day
>     28 x 3,000 x $2.419 = $203,196.00
>
>
>      -----Original Message-----
>     From:       Olinger, Kimberly S.
>     Sent: Thursday, February 28, 2002 4:35 PM
>     To:   Germany, Chris
>     Subject:    RE: Letter re Unpaid Invoice for Post petition Deliveries
>
>     we took 3000 a day everyday except the 25th
>
>            -----Original Message-----
>           From:       Germany, Chris
>           Sent: Thursday, February 28, 2002 4:26 PM
>           To:   Olinger, Kimberly S.
>           Subject:    FW: Letter re Unpaid Invoice for Post petition
Deliveries
>
>           I need your expertise.  If ENA nominated this gas, and I think
we did based on what I see in Unify, then we are supposed to pay for it.
So I just need to verify with you  we TOOK this gas by nominating it.
>
>           Deal 1143983 on Natural Gas Pipeline Company.
>
>           thanks
>
>            -----Original Message-----
>           From:       Ellenberger, Mary
>           Sent: Monday, February 25, 2002 4:01 PM
>           To:   Germany, Chris
>           Subject:    RE: Letter re Unpaid Invoice for Post petition
Deliveries
>
>
>                 Sitara# 1143983
>
>                  -----Original Message-----
>                 From:       Germany, Chris
>                 Sent: Monday, February 25, 2002 1:21 PM
>                 To:   Ellenberger, Mary
>                 Subject:    FW: Letter re Unpaid Invoice for Post
petition Deliveries
>
>                 Do you have a deal number for this gas?
>
>                  -----Original Message-----
>                 From:       Dicarlo, Louis
>                 Sent: Monday, February 25, 2002 11:30 AM
>                 To:   Germany, Chris
>                 Subject:    FW: Letter re Unpaid Invoice for Post
petition Deliveries
>
>
>
>                  -----Original Message-----
>                 From:       Dicarlo, Louis
>                 Sent: Friday, February 22, 2002 10:30 AM
>                 To:   Mann, Kay
>                 Subject:    RE: Letter re Unpaid Invoice for Post
petition Deliveries
>
>                 I contacted Mary Ellenberger.  She indicated we did
receive the gas but have not paid.  I suggested that she contact you via
email.
>
>                        -----Original Message-----
>                       From:       Mann, Kay
>                       Sent: Friday, February 22, 2002 9:50 AM
>                       To:   Dicarlo, Louis>
>                       Cc:   McMichael Jr., Ed; Boyt, Eric
>                       Subject:    RE: Letter re Unpaid Invoice for Post
petition Deliveries
>
>
>                       Have we determined if the facts in the letter are
correct?  I've confirmed that if the facts are true, the payment needs to
be made.
>
>                       Kay
>                        -----Original Message-----
>                       From:       Mann, Kay
>                       Sent: Wednesday, February 20, 2002 5:19 PM
>                       To:   Dicarlo, Louis
>                       Cc:   McMichael Jr., Ed; Boyt, Eric
>                       Subject:    RE: Letter re Unpaid Invoice for Post
petition Deliveries
>
>                       All I need to know is if ENA received the gas as
stated, and if there are any extenuating circumstances which would keep us
from paying.  Otherwise I believe we need to make payments in accordance
with the terms of the deal.  I'll confirm.
>
>                       Kay
>
>                        -----Original Message-----
>                       From:       Dicarlo, Louis
>                       Sent: Wednesday, February 20, 2002 5:14 PM
>                       To:   Panus, Stephanie; Mann, Kay
>                       Cc:   McMichael Jr., Ed; Boyt, Eric
>                       Subject:    FW: Letter re Unpaid Invoice for Post
petition Deliveries
>
>                       Attached is a demand letter w/ short time fuse.
Counterparty wants payment for post-petition gas delivered to Enron.
Please advise if you need commercial involvement.  Thanks
>
>                        -----Original Message-----
>                       From:       Louis Schott <Louis@tdcenergy.com>
@ENRON
>                       Sent: Wednesday, February 20, 2002 4:07 PM
>                       To:   Dicarlo, Louis
>                       Subject:    Letter re Unpaid Invoice for Post
petition Deliveries
>
>                        - February 19 2002letter to enron north
america.DOC << File: February 19 2002letter to enron north america.DOC >>

**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate
and may contain confidential and privileged material for the sole use of
the intended recipient (s). Any review, use, distribution or disclosure by
others is strictly prohibited. If you are not the intended recipient (or
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reply to Enron Corp. at enron.messaging.administration@enron.com and delete
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affiliates) and the intended recipient or any other party, and may not be
relied on by anyone as the basis of a contract by estoppel or otherwise.
Thank you.
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==============================================================================


Steve,

Elena Chilkina can give you historical data.
Historical fwd curves can be obtained from Paulo
or Alex, among others. Of course, our internal forward curves
represent a very sensitive information.

Vince

Steven Leppard
10/13/2000 10:34 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc: Didier Magne/LON/ECT@ECT
Subject: Power question

Hi Vince

Who should I contact for power queries now Grant has gone?  A colleague here
in London (Didier Magne) is giving a talk on power/gas arbitrage, and the
consequent convergence of these markets.

Do you have any presentations on this area, or illustrative figures on the
increase in power/gas correlation?

Many thanks,
Steve


SF Chron, 7/4: Federal price limits backfire
Sac Bee, 7/3: Out-of-state generators pull plug over uncertainty on price
controls
LA Times, 7/3:  Power sales halted by new pricing curbs
------------------------------------------------------------------------------
---------------------------------------------------------------
Federal price limits backfire
Some generators withhold power rather than abide by rate caps
David Lazarus, Chronicle Staff Writer
Wednesday, July 4, 2001
,2001 San Francisco Chronicle
URL:
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2001/07/04/M
N186091.DTL
Officials in California and Nevada, after months of lobbying for federal
regulators to cap Western power prices, warned yesterday that the newly
imposed limits have had the unintended consequence of increasing a threat of
blackouts in the two states.
The warnings were issued as California came within minutes of rolling
blackouts yesterday afternoon, and one day after the first-ever rolling
blackouts in Las Vegas forced energy-hungry casinos to shut off fountains and
reduce air conditioning.
The two states are asking the Federal Energy Regulatory Commission to take a
closer look at the so-called price mitigation plan and come up with revisions
that would deter power companies from withholding electricity during
shortages.
"We need some clarity to this order," said Oscar Hidalgo, a spokesman for the
California Department of Water Resources, which is spending billions of
dollars to keep the state's lights on.
"Generators need to be held accountable," he said.
The crux of the problem is that price limits kick in during shortages, yet
power companies say these caps force them to sell power at below-market rates
during periods of high demand.
Some companies have responded by holding back power rather than face the
expense of shipping electricity from state to state. Each mile that
electricity must be transmitted adds to the overall cost.
"No one's going to pay for transmission if the cost is near the caps," said
Gary Ackerman, executive director of the Western Power Trading Forum, an
energy-industry association in Menlo Park.
Ackerman said several companies in his organization decided that there was no
economic advantage to offering power in regional markets when price controls
are in effect.
"This means individual regions like California or Las Vegas could end up not
having enough," Ackerman said. "It increases the threat of blackouts."
BLACKOUT ALERT CANCELED
California authorities issued a blackout alert at 1:45 p.m. yesterday when
power reserves dipped to dangerously low levels. They canceled the alert
about an hour later, after finding additional supplies.
"Everyone in the West is fighting for megawatts," said Stephanie McCorkle, a
spokeswoman for the California Independent System Operator, which oversees
the state's power network.
The Golden State's latest brush with lights-out conditions came a day after
Nevada experienced its own rolling blackouts for the first time, prompting
heavy power users such as the MGM Grand and Caesars Palace to dim their
lights.
Don Soderberg, chairman of the Nevada Public Utilities Commission, said that
the sudden power emergency took state authorities by surprise and that they
are investigating to see what role the federal price limits may have had in
exacerbating Monday's shortage.
"We're looking very closely at this," he said. "There seems to be a potential
for unintended consequences."
Specifically, Soderberg said Nevada is focusing on operators of older, less-
efficient plants who would find profit margins shrinking, if not vanishing,
under capped prices.
"We're going to see how the caps might have played into this," he said.
The federal ceiling in 10 Western states, excluding California, is about $92
per megawatt hour. In California, a 10 percent surcharge is added because of
the state's credit risk, bringing the price to just over $101.
Ackerman at the Western Power Trading Forum said regional price controls have
extended California's power crisis to neighboring states.
"California sneezed and the rest of the region caught the virus," he said.
'LAWYERS LOOKING FOR LOOPHOLES'
California and Nevada officials, however, said that they still have faith
that price limits can stabilize Western electricity markets but that federal
regulators may have to tweak the system so that power companies cannot
withhold output.
"The generators have banks of lawyers looking for loopholes (in the plan),"
said Hidalgo at the Department of Water Resources.
Unfortunately, it may take some time for the regulators to revisit an issue
that they took up only with the greatest reluctance. For months, federal
regulators refused to impose price controls, preferring instead to let supply
and demand determine costs.
Hidalgo said that when it appeared that power companies were throttling back
on output Monday, California officials immediately dialed the hot line number
provided by the Federal Energy Regulatory Commission in case of emergencies.
"No one answered," he said. "They were closed."
State officials tried again yesterday, and this time were told that the
commission would look into the matter. They were not given a time frame for
when the commission might come up with a response.
E-mail David Lazarus at dlazarus@sfchronicle.com.
,2001 San Francisco Chronicle ? Page?A - 1

Out-of-state generators pull plug over uncertainty on price controls
By Dale Kasler
Bee Staff Writer
(Published July 3, 2001)
Confused by the federal government's new controls on electricity prices,
generators withheld so much power from California on Monday that the state
was nearly plunged into rolling blackouts, state officials said.
The confusion began when the state's electric grid operators declared a Stage
1 power alert in the early afternoon, triggering the price caps for the first
time since they went into effect June 21.
Out-of-state generators pulled about 1,500 megawatts of electricity off the
table at midafternoon, enough to power about 1.1 million homes, because of
uncertainty about how much they could charge under the new Federal Energy
Regulatory Commission pricing system, said Oscar Hidalgo, spokesperson for
the state Department of Water Resources. The department buys electricity for
the state's financially distressed utilities.
"They didn't understand what they were going to be paid; there was confusion
over the FERC order," Hidalgo said. "We saw 1,500 megawatts disappear."
The problem was exacerbated by a heat wave across the West, which forced
California to compete with other states for scarce electricity, he said.
Rolling blackouts hit southern Nevada.
Most California officials credit the FERC system, which is based on a
variable price cap, with reining in what had been a runaway wholesale power
market. But power generators have complained that the price caps, by limiting
profits, could discourage the production of critically needed electricity.
And as Monday's episode suggested, even the uncertainty about where the cap
will fall could lead to unexpected shortages.
"That's the risk that you run (with price controls)," said Arthur O'Donnell,
editor of the newsletter California Energy Markets. "People want any kind of
certainty at all."
Hidalgo said the state avoided blackouts only because of last-minute imports
from the Bonne'ville Power Administration, the federal agency that markets
government-produced hydroelectric power in the Pacific Northwest. The state
went into a Stage 2 power alert, the next-to-last level before blackouts are
ordered. The alert was canceled in late afternoon.
The blackouts would have been the first in California since May 8.
FERC imposed a round-the-clock ceiling on power throughout the West. The
price fluctuates and is tied to the production costs of the least-efficient
plant operating in California during a "power alert" declared by the
Independent System Operator, which runs the state's power-transmission grid.
When there's no alert, prices can't exceed 85 percent of the cap that was
established during the latest alert.
Until Monday, the maximum price held steady at about $101 a megawatt-hour in
California. But when the ISO declared a Stage 1 power alert in early
afternoon, signifying that reserve supplies had dwindled to less than 7
percent of demand, confusion set in, Hidalgo and others said.
Because of a steep drop in the price of natural gas, which fuels many
California power plants, suppliers knew the cap would fall. But no one knew
by how much until the price was posted by the ISO.
The ceiling for California fell to about $77 at 3 p.m. but was back up to $98
in two hours, according to the ISO. Those prices include the 10 percent
premium that sellers can charge California because FERC said there's a credit
risk in selling to the state.
O'Donnell said it's likely suppliers will pull back from the market every
time the ISO declares a power alert.
In-state generators have to operate their plants if summoned by the ISO. But
out-of-state suppliers can withhold supplies, and on Monday it was the
out-of-staters that were pulling back, Hidalgo said.

The Bee's Dale Kasler can be reached at (916) 321-1066 or dkasler@sacbee.com.

Power Sales Halted by New Pricing Curbs
Electricity: Confused suppliers, unsure what they will be paid, refuse to
sell to state, which asks FERC for a ruling but doesn't get it.

By NANCY VOGEL, Times Staff Writer

?????SACRAMENTO--Confusion over new federal price restrictions prompted
several electricity sellers to back away from sales to California on Monday
afternoon, pushing the state closer to blackouts, energy officials said.
?????The state lost sales that would have provided enough electricity to
supply more than 1 million homes, said Ray Hart, deputy director of the
California Department of Water Resources, which has been buying much of the
state's electricity since January.
?????At least five companies producing or marketing power "are telling us
that since they don't know what they're going to get paid, they're not going
to take the risk, and so they're not going to sell the energy," Hart said.
?????The electricity sales fell through after power consumption soared in
summer heat and grid operators were forced to declare a Stage 1 emergency,
meaning reserves had dipped below 7%. It was the first such emergency since
May 31.
?????Under a June 19 order by the Federal Energy Regulatory Commission
intended to bring down wholesale electricity markets across the West, a power
emergency in California triggers the setting of a new price limit that
applies to power plant owners from Washington to Arizona.
?????The new price is supposed to be based upon whatever it costs to run the
most inefficient, expensive power plant selling electricity to California
grid operators during the first full hour of a Stage 1 emergency.
?????But much uncertainty remains about exactly how and when the new price is
supposed to be established under the commission's order, and that apparently
drove away sellers, Hart said.
?????Shortly after the state issued the Stage 1 alert at 1:30 p.m., putting
the old price limit of $90 per megawatt-hour in question, companies that had
committed to provide the state electricity hour by hour Monday afternoon
backed out, Hart said. The companies include TransAlta Energy Marketing of
Oregon, Constellation Power of Baltimore and Sempra Energy Trading, a unit of
the San Diego-based energy conglomerate.
?????Forced to dip even deeper into the state's power reserves and declare a
Stage 2 emergency, water agency officials called the federal energy
commission's hotline for clarification about what the new price should be and
when it should take effect. They got no answer.
?????Hart said commission officials reached at home promised to try to
clarify their order today. One outstanding question is what obligations power
suppliers have to deliver electricity to California in an emergency.
?????Both buyers and sellers in the market agree that the new price, when it
is set, will probably be lower than $90 per megawatt-hour because the price
of natural gas, the main fuel in California power plants, has dropped lately.
?????Temperatures soared several degrees higher Monday than grid operators
had anticipated. But they said they expected to avoid rolling blackouts in
part because the Bonneville Power Administration in Portland, Ore., had
agreed to provide several hundred megawatts of Pacific Northwest hydropower
each hour in exchange for a return of electricity from California later this
summer.
?????"Bonneville is giving us emergency power to get us through," Hart said.

Copyright 2001 Los Angeles Times


F:\Artists and Estates\Butterfield, Deborah\Butterfield.jpg
 - Butterfield.jpg


Great time Sat night.  Thanks for the invite.  How is Christina?

-----Original Message-----
From: Pat Doyle [mailto:pdoyle@northmarq.com]
Sent: Monday, December 03, 2001 12:37 PM
To: Williams, Bob
Subject:

Enjoy!!

You can probably tell bt the name of the website that you should proceed
with caution!

-----Original Message-----
From: Luke Nolan [mailto:lukenolan@bankunited.com]
Sent: Wednesday, November 28, 2001 4:45 PM
To: pdoyle@northmarq.com
Subject: http://www.flashyourrack.com/flash.cgi?user=amber69

http://www.flashyourrack.com/flash.cgi?user=amber69

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


Hi Jennifer,  I don't know if you remember, but we met at Gallant Knight on Friday night.  I was with Mike Robison and the Enron group.  I had never been there before, but that place is alot of fun.  Definition of  "Swanky".  You are probably wondering, "Why is this guy emailing me!"  We'll, I will be straightforward and say that I found you very charming.  I wanted to see if you would be interested in meeting me for lunch or a drink afterwork!  I apologize in advance if you are dating or involved with someone, but I thought I would take that chance.

P.S.  Mike gave me your email address, but don't hold it against him. ;-)

Gerald


Nick,

Sorry, change of plans. I had to move my trip to the Bay area by one week.
Any evening would work for me between Friday, October the 20st and Sunday,
October the 22nd.

Please, accept my apologies. I hope we can meet for dinner on of these days.

Vince


Susan:
Who are the Masters in place with?
Carol


-----Original Message-----
From: 	Miller, Stephanie
Sent:	Thursday, June 21, 2001 9:46 AM
To:	Moon, Eric; Breese, Mark
Subject:	FW: Possible Change to GRI Rates in Jan 2002

did not look to see if you received this - FYI anyway.

Steph
 -----Original Message-----
From: 	Cantrell, Rebecca
Sent:	Wednesday, June 20, 2001 6:14 PM
To:	Dillard, Barbara; Fletcher, Brenda H.; McMichael Jr., Ed; Ermis, Frank; Shively, Hunter S.; Tholt, Jane M.; Hewitt, Jess; Hodge, John; Townsend, Judy; Olinger, Kimberly S.; Baker, Natalie; Lucci, Paul; Tate, Paul; Allen, Phillip K.; Gay, Randall L.; Superty, Robert; Concannon, Ruth; Brawner, Sandra F.; Mahmassani, Souad; South, Steven P.; Miller, Stephanie; Pereira, Susan W.; Pollan, Sylvia S.; Walker, Terri; Kuykendall, Tori; Lamadrid, Victor; Shireman, Kristann; Muhl, Gil; Calcagno, Suzanne; Goodell, Scott; Sullivan, Patti; Smith, George F.; Kinsey, Lisa
Cc:	Pharms, Melinda
Subject:	Possible Change to GRI Rates in Jan 2002

The Gas Research Institute has filed a proposal to revise the GRI surcharges from the level previously authorized in the 1998 Settlement.  GRI's filing has not been approved yet, but the Settlement provides for an adjustment under certain circumstances so there is a good chance it will be.  We will advise you of the outcome when FERC issues an order on GRI's proposal.  The new rates would still be below the current rates.  Both sets of rates are provided below for your convenience.

Rates (cents per Dth)	Current 2001	Settlement 2002	New Proposal 2002
Commodity	0.7	0.5	0.55
High Demand*	9.0	6.0	6.6
Low Demand*	5.5	3.7	4.07
Small Customer	1.1	0.8	0.88

*refers to high load factor or low load factor customers.

If FERC approves this proposal, the rates for 2003 will likely change from those in the Settlement as well.


Going with the old hyphen huh???  How corporate of you.

Hey, we got the beer.  Thanks alot.  Did customs give you a hard time for
bringing a bunch of booze back?  Talk to you soon.
PL


Hello Mr. Lay,

It's been a long time since we've talked.  I'm Priscilla Slade, President of
Texas Southern University.  The primary purpose of this e-mail is to invite
you to attend a weekend at the home of President and Mrs. Bush September
16-18.  So many people have expressed a desire to  know more about the
University (it's new initiatives and successes) that  President Bush
volunteered to host a gathering of 25 CEOs and spouses (or a second person
in the corporate hierarchy).  In addition to having fun golfing, sailing,
boating, etc., we are presenting ALL YOU WANT TO KNOW ABOUT TEXAS SOUTHERN
UNIVERSITY.

The tentative schedule of events is as follows:
Saturday September 16 - Fun activities (sailing, boating, golf, etc.)
Sunday September 17 ---- Reception and dinner at the home of President and
Mrs. Bush
Monday Morning ------------ ALL YOU WANT TO KNOW ABOUT TSU
Monday afternoon ---------- Return to Houston

I know TSU is your favorite topic and we look forward to you joining us.  An
invitation is in the mail.  I will call you when you return.

Priscilla


Did you know that facilities provides more services to employees than most
town provide their residents?  Find out how many visitors come to Enron, how
many calls operators take and how many services requests are made at the
Facilities Help Desk.  Ask Brenda Anderson, Supervisor of Facilities and
Customer Services, all your questions about our "city within a city" (today)
Wednesday, June 13 on eSpeak at 10 a.m. Houston time.

Can't make the live event?  No worries.  Go to eSpeak (
http://ethink.enron.com/eSpeak/exec/default.asp) now and submit your
question.  Sharon will try to answer it during her event and you can read the
transcript later.


i think so, but i haven't made definite plans yet.  are you?
i called my brother in law and he said he'd talk to someone to see what's out there.
i'll let you know if i hear anything.
did you have a good thanksgiving?
-----Original Message-----
From: Matthew.Lenhart@enron.com [mailto:Matthew.Lenhart@enron.com ]
Sent: Tuesday, November 27, 2001 2:28 PM
To: Jilallen
Subject: RE:
are you going in town for the lsu game this weekend?
    -----Original Message-----
   From:   "Allen, Jill (US - Houston)" <jilallen@deloitte.com>@ENRON
   Sent:   Tuesday, November 20, 2001 4:59 PM
   To:     Lenhart, Matthew
   Subject:  RE:
   send it to me when you get a chance and i'll give it to him.
   -----Original Message-----
   From: Matthew.Lenhart@enron.com [mailto:Matthew.Lenhart@enron.com  <<
   File: mailto:Matthew.Lenhart@enron.com  >> ]
   Sent: Tuesday, November 20, 2001 4:46 PM
   To: Jilallen
   Subject: RE:
   yeah.  i can email it to you.  i will give you a call later tonight.
       -----Original Message-----
      From:   "Allen, Jill (US - Houston)" <jilallen@deloitte.com>@ENRON
      Sent:   Tuesday, November 20, 2001 3:06 PM
      To:     Lenhart, Matthew
      Subject:  RE:
      i'll talk to him and let you know.  do you have a resume put
   together?
      -----Original Message-----
      From: Matthew.Lenhart@enron.com [mailto:Matthew.Lenhart@enron.com  <<
   File: mailto:Matthew.Lenhart@enron.com  >>  <<
      File: mailto:Matthew.Lenhart@enron.com  << File:
   mailto:Matthew.Lenhart@enron.com  >>  >> ]
      Sent: Tuesday, November 20, 2001 2:47 PM
      To: Jilallen
      Subject: RE:
      definately.  tell him i trade west basis in the natural gas market.
   i
      appreciate it.
          -----Original Message-----
         From:   "Allen, Jill (US - Houston)" <jilallen@deloitte.com>@ENRON
         Sent:   Tuesday, November 20, 2001 2:36 PM
         To:     Lenhart, Matthew
         Subject:  RE:
         Do you want me to talk to him for you?  If so, do I need to tell
   him
         that you have experience with anything specific?
         -----Original Message-----
         From: Lenhart, Matthew [mailto:Matthew.Lenhart@enron.com  << File:
   mailto:Matthew.Lenhart@enron.com  >>  << File:
      mailto:Matthew.Lenhart@enron.com  << File:
   mailto:Matthew.Lenhart@enron.com  >>  >>  << File:
         mailto:Matthew.Lenhart@enron.com  << File:
   mailto:Matthew.Lenhart@enron.com  >>  << File:
      mailto:Matthew.Lenhart@enron.com  << File:
   mailto:Matthew.Lenhart@enron.com  >>  >>  >> ]
         Sent: Tuesday, November 20, 2001 2:29 PM
         To: Jilallen
         Subject:
         i think that i need to give my resume to your brother in law.
   enron
      is
         collapsing.
   **********************************************************************
         This e-mail is the property of Enron Corp. and/or its relevant
      affiliate
         and may contain confidential and privileged material for the sole
   use
      of
         the intended recipient (s). Any review, use, distribution or
      disclosure
         by others is strictly prohibited. If you are not the intended
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         (or authorized to receive for the recipient), please contact the
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   Enron
         Corp. (or any of its affiliates) and the intended recipient or any
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   **********************************************************************
         - This message (including any attachments) contains confidential
         information intended for a specific individual and purpose, and is
         protected by law.  - If you are not the intended recipient, you
      should
         delete this message and are hereby notified that any disclosure,
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   action
         based on it, is strictly prohibited.
      This message (including any attachments) contains confidential
      information intended for a specific individual and purpose, and is
      protected by law.  If you are not the intended recipient, you should
      delete this message.  Any disclosure, copying, or distribution of
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      message, or the taking of any action based on it, is strictly
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   - This message (including any attachments) contains confidential
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   delete this message and are hereby notified that any disclosure,
   copying, or distribution of this message, or the taking of any action
   based on it, is strictly prohibited.
This message (including any attachments) contains confidential information intended for a specific individual and purpose, and is protected by law.  If you are not the intended recipient, you should delete this message.  Any disclosure, copying, or distribution of this message, or the taking of any action based on it, is strictly prohibited.


Hi Debbie:

Thanks for your note - it's always nice to hear from MC friends!

I'm living in Houston and working in the legal department of a large energy
company (Enron).  I have two main areas of focus: derivatives trading (swaps,
options, etc.) which I've been doing for over 6 years now and e-commerce
which is relatively new.  The most fun work project I've had was being the
lead lawyer in designing and launching our internet commodity trading
platform about a year ago.  It has been tremendously successful.  While few
people have ever heard of it, it is the largest (by dollar volume) website in
the world!

I keep in touch with Mark Kopinski who is managing a couple of international
mutual funds in New York.  My work takes me there several times a year and I
usually try to see him if I have some free time.  The college is thinking
about another capital campaign and he and I were on a preliminary planning
committee (to see if a campaign makes sense).  Ralph V. was there - whom I
hadn't seen in years! - and of course I keep in touch with Doc, too.  I was
on campus for my 20th reunion a couple of years ago.  There were only 2 of us
from '78 so it wasn't as much fun as I'd hoped but it was still good to see
familiar faculty faces.  With luck the 25th will draw a bigger crowd.

My Midwest geography isn't what it once was but it sounds like you've got a
terrible commute.  I hope you're liking your work to justify the drive.  I
rarely make it back to Chicago but let's keep in touch and definitely let me
know if you ever make it down this way.

Mark


Attached is the current report regarding the transactions/matters being
handled by the Enron Europe Legal Department.

Regards.

Mark


>
> > I don't suppose you've ever run in to any of these people...
> >
> > IDIOTS IN SERVICE:
> >
> >
> >
> > This week, all our office phones went dead and I had to contact the
> > telephone repair people. They promised to be out between 8:00 a.m. and
> 7:00
> > p.m. When I asked if they could give me a smaller time window, the
> pleasant
> > gentleman asked, "Would
> > you like us to call you before we come?" I replied that I didn't see how
> he
> > would be able to do that, since our phones weren't working. He also
> > requested that we report future outages by e-mail. (Does YOUR e-mail
work
> > without a telephone line?)
> >
> >
> >
> > IDIOTS AT WORK:
> >
> >
> >
> > I was signing the receipt for my credit card purchase when the clerk
> > noticed I had never signed my name on the back of the credit card. She
> > informed me that she could not complete the transaction unless the card
> was
> > signed. When I asked why,
> > she explained that it was necessary to compare the signature I had just
> > signed on the receipt. So I signed the credit card in front of her.  She
> > carefully compared the signature to the one I had just signed on the
> > receipt. As luck would have it, they matched.
> >
> >
> >
> > IDIOTS IN THE NEIGHBORHOOD:
> >
> >
> >
> > I live in a semi-rural area. We recently had a new neighbor call the
> local
> > township administrative office to request the removal of the Deer
> Crossing
> > sign on our road. The reason: too many deer were being hit by cars and
he
> > didn't want them to cross there anymore.
> >
> >
> >
> > IDIOTS IN FOOD SERVICE:
> >
> >
> >
> > My daughter went to a local Taco Bell and ordered a taco. She asked the
> > person behind the counter for "minimal lettuce." He said he was sorry,
> but
> > they only had iceberg.
> >
> >
> >
> > IDIOT SIGHTING #1:
> >
> >
> >
> > I was at the airport, checking in at the gate when an airport
> > employee asked, "Has anyone put anything in your baggage without your
> > knowledge?"  To which I replied, "If it was without my knowledge,
> > how would I know?" He smiled knowingly and nodded, "That's why we ask."
> >
> >
> >
> > IDIOT SIGHTING #2:
> >
> >
> >
> > The stoplight on the corner buzzes when it's safe to cross the street. I
> was
> > crossing with an intellect-challenged coworker when she asked if I knew
> what
> > the buzzer was for. I explained that it signals blind people when the
> light
> > is red. Appalled, she responded, "What on earth are blind people doing
> > driving?!"
> >
> >
> >
> > IDIOT SIGHTING #3:
> >
> >
> >
> > At a good-bye luncheon for an old and dear coworker who was
> > leaving the company due to "down sizing," our manager commented
> cheerfully,
> > "This is fun. We should do this more often." Not a word was spoken. We
> all
> > just looked at each other with that deer-in-the-headlights stare.
> >
> >
> >
> >   IDIOT SIGHTING #4:
> >
> >
> >
> > I work with an individual who plugged her power strip back into it
> > self and for the life of her couldn't understand why her system would
> > not turn on.
> >
> >
> >
> > IDIOT SIGHTING #5:
> >
> >
> >
> > When my husband and I arrived at an automobile dealership to pick
> > up our car, we were told the keys had been locked in it. We went to
> > the service department and found a mechanic working feverishly to unlock
> > the driver's side door. As I watched from the passenger side, I
> > instinctively
> > tried the door handle and discovered that it was unlocked. "Hey," I
> > announced to the technician, "it's open!" To which he replied, "I know -
> > I already got that side."
>
>
>
>
>


For your files

Ginger Dernehl
Administrative Coordinator
Global Government Affairs
Phone# 713-853-7751
Fax# 713-646-8160

 -----Original Message-----
From: 	Dernehl, Ginger   On Behalf Of Shapiro, Richard
Sent:	Tuesday, August 07, 2001 9:28 AM
To:	Sherriff, John; Brown, Michael - COO London
Cc:	Lewis, Richard; Shaw, Eric
Subject:	Enron Europe Government Affairs Group

On my last visit to London, I met with John Sherriff & Richard Lewis separately and discussed the possibility of naming a team leader within the Enron Europe Government Affairs group.  The purpose of naming a team leader would be to provide more consistent leadership for the group on a day-to-day basis, principally on personnel issues, but also to ensure that a consistent policy approach is being taken across the Government Affairs group on issues that affect the company.  I know that John is ambivalent about naming such a team leader, but I thought that I would make the case once again, and, hopefully in a more compelling manner so we can move forward with this idea.

First, it is important to say what the designation of a team leader would not do.  It would not, in my estimation, change the nature of the reporting relationships that we currently have relative to Eric Shaw, Richard Lewis and myself.  Peter Styles and Paul Hennemeyer will continue to report to Eric Shaw and myself, and Paul Dawson and Doug Wood would continue to report to Richard Lewis and myself.   Second, as the unchanged nature of the reporting relationships indicate, this change is in no way intended to diminish the role of Eric and/or Richard relative to the management of the Government Affairs group, but merely to ensure that someone is tending to personnel, administrative and group management issues on a daily basis.  Third, by naming a team leader within the Government Affairs group, I am not attempting, in any way, to step back from the role that I personally have taken on relative to the group - I will continue to provide strategic guidance (where I can) and also will continue to ensure that the Enron Europe Government Affairs group is fully integrated within the global government affairs function so that the Europe group is the beneficiary of knowledge and information that is developed around the world within the government affairs function.

The intent of designating a team leader, as already stated, is merely to ensure that issues related to the administration of the group, consistency of external advocacy, and personnel issues are handled on a timely and effective basis.  While I believe there have been many benefits from the current organizational structure, one of the significant and increasingly more noticeable negatives has been that there has not always been a consistent and fair approach to the handling of personnel issues within the group (notwithstanding my best efforts to deal with these issues from a distance).  This has resulted in, what I consider to be, the sub-optimal handling of at least one employee who is in the process of being terminated, as well as inconsistent messaging to many of the junior people within the group in terms of what their career opportunities are within the larger government affairs function in Europe (which, in turn, has created issues of morale).  These issues, in my mind, are of sufficient concern that, if left unaddressed, the group's ability to sustain a record of providing excellent support throughout the organization may, in time, be in jeopardy.  I am confident that, by naming a team leader, we will retain virtually all of the benefits of the collective leadership approach that are embodied in the current structure, chief among them,  greater participation from both Eric and Richard on an ongoing basis.  What we will gain, however, by the designation of a team leader, is increased and sustained attention to the issues that I have already mentioned.

The person that I believe is best suited for this team leadership role is Paul Dawson.
My observations, relative to Paul, are that he understands the needs of the individuals within the group and will do everything that he can to ensure that personnel issues are handled in a fair and expeditious manner.  In addition, Paul has a very sound grasp of many, if not all, of the issues facing Enron Europe and will provide, I believe, consistent leadership on substance as well as on personnel and administrative issues.  It is also my expectation that Doug Wood, who has assumed many of the administrative responsibilities, e.g., budget, will continue to assist Paul in that capacity and that both Peter Styles and Paul Hennemeyer will also continue to participate in a leadership role along with Paul Dawson and Doug.

I believe that this is the right approach to take and it is my hope that on my next trip to London, in mid September, that I would be able to sit down with Paul Dawson, Paul Hennemeyer, Peter Styles and Doug Wood with any combination of yourselves, and lay out the modest organizational change embodied within this memorandum.  If you have any questions, please feel free to contact me.

Thanks


Attached is the draft EPSA position letter on the Bingaman bill that came out of yesterday's EPSA Leg. Affairs Committee meeting yesterday afternoon.  It expresses strong support for the transmission/open access provisions, while noting six areas needing improvement, including the  two we have noted most especially -- market-based rate authority and transparency.

I think the letter looks fine, but we have any comments or changes we need to get them to EPSA on Monday.  Please advise if you have any concerns about the letter.

-----Original Message-----
From: Jodi Empol [mailto:jempol@epsa.org]
Sent: Friday, September 14, 2001 1:38 PM
To: undisclosed-recipients
Subject: DRAFT Letter to Bingaman - COMMENTS DUE COB MONDAY

We have attached a draft of a letter to Sen. Jeff Bingaman (D-NM).  This letter, which was discussed in yesterday's Legislative Affairs Committee Meeting/Call, supports the general transmission/RTO thrust of Bingaman's electricity legislation and points out some parts that need to be changed.  Please review this letter and send us any comments you may have by 6 PM EDT ON MONDAY, September 17th.


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FYI - I have done the west and I have resaved this file out there.  I highlighted the rows to be changed in yellow.  If we all do this, we should be able to use the same list.  I added a column to the file and put IM S/B, LT S/B and Daily S/B.
PL

 -----Original Message-----
From: 	Keiser, Kam
Sent:	Monday, January 07, 2002 11:00 AM
To:	Love, Phillip M.; Winfree, O'Neal D.; Palmer, B. Scott; Giron, Darron C.
Subject:	sitara mappings

The sitara mapping table is saved in the Netco file named CurveMappings.xls

Check your regions and if you see any locations mapped to curves we won't be setting anymore, make a list of those and what the new mappings should be.  Once the new database is set up we will get with Russ to have those changed over.

Thanks

KK


Sara:

Please accept our apologies for the delay in sending these revised
Confirmations.

If they meet with your approval, I would be most grateful if you could
arrange for the Confirmations to be signed by an authorized signatory
and return them to my attention via facsimile.

Many thanks and regards,
Beth

Fax:  212 507-4898

-------- Original Message --------
Subject: enron reconfirm
Date: Thu, 08 Nov 2001 12:13:40 -0500
From: Laura Perilli <Laura.Perilli@morganstanley.com>
Reply-To: Laura.Perilli@morganstanley.com
Organization: Morgan Stanley
To: Beth Ng <Beth.Ng@morganstanley.com>
 - 923614reconfirm.doc
 - 895029enronreconfirm.doc
 - 913463enronreconfirm.doc
 - 890762enronreconfirm.doc


Scott Goodell will be attending as well.  Could you make sure he is covered
for lunch please?
---------------------- Forwarded by Chris Germany/HOU/ECT on 05/23/2000 10:28
AM ---------------------------

	From:  Colleen Sullivan                           05/23/2000 09:05 AM

To: Scott Neal/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT, Phillip K
Allen/HOU/ECT@ECT, Theresa Branney/HOU/ECT@ECT, Maria Garza/HOU/ECT@ECT, Judy
Townsend/HOU/ECT@ECT, Dan Junek/HOU/ECT@ECT, Chris Germany/HOU/ECT@ECT, Dick
Jenkins/HOU/ECT@ECT, Thomas Engel/HOU/ECT@ECT, Scott Mills/HOU/ECT@ECT, Jane
M Tholt/HOU/ECT@ECT
cc:
Subject: EOL Follow up Meeting

Please plan to attend a follow up meeting to discuss what is needed as far as
position screens for trading transportation capacity on EOL.  The meeting
will be at 11:30 -12:30 today, May 23, 2000, in Room 3321.

There is a NYMEX screen in this conference room, and lunch will be provided.


Hey Mike,
Thanks for the pics.  Where were the ones from which  looks to be a wedding?
Hey, how many tickets were you thinking about? Were you thinking two for you
and your Dad?  That weekend is April 1 & 3, 2000.  I'm not sure whether that
is Easter weekend or not.  One other way to get tics is to go to
www.finalfourseats.com  Let me know your situation.  Where are you spending
the New Year?  Talk to you later.
Ben


Hey Debra,

Here is the assigment letter that we talked about--the deals that they want to assign from Kaztex to Nicor Energy are the following:
V17258.1
V17337.1
V17515.1

They want these contracts assigned to Nicor effective October 1st.  From my perspective, is there anything else I need to do, other than change the name on our documents,once you have approved the assigment agreement.

Thanks
 -----Original Message-----
From: 	Pam Kirchhoff <PamKirchhoff@NicorEnergy.com>@ENRON [mailto:IMCEANOTES-Pam+20Kirchhoff+20+3CPamKirchhoff+40NicorEnergy+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Friday, September 28, 2001 8:18 AM
To:	Mims, Patrice L.
Subject:	Assignment Agreement Kaztex, Nicor, Enron
Importance:	High

Patrice,

Please call me asap if there are any concerns or questions regarding the
agreement.  If not, please sign and fax to 630-435-6400.

Thanks,
Pam

 <<Kaztek Assignment (Enron)  9.27.01.doc>>

 - Kaztek Assignment (Enron)  9.27.01.doc


Rosemary Gracey
Marketing - 402/398-7431
rosemary.gracey@enron.com


----- Forwarded by Elizabeth Sager/HOU/ECT on 06/07/2001 09:00 AM -----

	pmclaughlin@aep.com
	06/07/2001 08:58 AM

		 To: elizabeth.sager@enron.com
		 cc: AKatz@eei.org
		 Subject: EEI Collateral Annex Comments

Please see AEP's comments to the EEI Collateral Annex attached.  I have
revised AEP's comments to correspond to Enron's comments.

Also, I will be attending the EEI meeting, so could you please include my
name on the distribution list.

Thank you.
Patty

(See attached file: AEP's comments to EEI Collateral Annex.doc)
 - AEP's comments to EEI Collateral Annex.doc


Sorry, I should have included you on copy list.

Regards,  Bruce
---------------------- Forwarded by Bruce Harris/NA/Enron on 12/13/2000 09:23
AM ---------------------------

Bruce Harris
12/13/2000 09:29 AM
To: Sheila Glover/HOU/ECT@ECT, Theresa T Brogan/HOU/ECT@ECT, Robert H
George/NA/Enron@Enron, Donna Lowry/HOU/ECT@ECT
cc: Bruce Harris/NA/Enron@Enron

Subject: Re: Next steps with Copel shares

Ok.

FYI--we are still having discussions as to what exactly we are going to do
with the shares now that they are directly held in the Corp. vault by Enron
Brazil Power Holding XII.  I suspect that what we will do will be to just
keep all the shares in XII and put them into the brokerage account, with some
sales occurring over time going forward.  If this plan is agreed to, then
early next week we can call BONY together with Morgan Stanley (our prime
broker?) and work out a streamlined settlement procedure so that MS is
assured that shares will be delivered.

Regards,  Bruce

To: Bruce Harris/NA/Enron@Enron
cc:

Subject: Re: Next steps with Copel shares

Bruce,
Please add theresa brogan to the distribution list.  Theresa manages the
Equity Trading Group.
Thanks, Sheila
---------------------- Forwarded by Sheila Glover/HOU/ECT on 12/13/2000 09:13
AM ---------------------------

Lynn Aven@ENRON
12/12/2000 10:04 AM
To: Bruce Harris/NA/Enron@Enron
cc: Robert H George/NA/Enron@Enron, Kay Young/HOU/ECT@ECT, Dan
Boyle/Corp/Enron@Enron, Joe Kishkill/SA/Enron@Enron, Kent
Castleman/NA/Enron@Enron, Bruce Harris/NA/Enron@Enron, Sheila
Glover/HOU/ECT@ECT, Edward E Graham/SA/Enron@Enron, Rick
Hopkinson/NA/Enron@Enron, Jeffrey E
Sommers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Re: Next steps with Copel shares

Bruce Harris:

We do not need to set up a new Cayman entity to transfer the two certificates
for 1.25M  to.  We achieve no US tax benefit for transferring or holding the
shares in a Cayman entity.

I propose that EBPH XII obtain the two certificates and then distribute those
certificates to Enron South America LLC, the sole shareholder of EBPH XII.
The value of the certificates at the date of transfer will determine the US
tax treatment.   Given the liquidity discount surrounding the stock, using
the screen price on the date of the transaction is probably not a good
indicator of the fair market value.  For tax purposes, we will assume the
value to be the historical cost basis since recent trades have been in a
narrow band on either side of that value.    If the first 1.25M certificate
is sold shortly after the transfer to Enron South America LLC, we will need
to adjust the transfer price since the sales price to a third party will be a
valid indicator of what the fair market value was on the date of the
distribution..

If the ultimate transfer price is higher than the tax basis, EBPHXII will
recognize taxable income and pay US tax on the gain in the year the
distribution was made to Enron South America LLC. This would result in
reporting a tax expense in 2000 and perhaps book income in 2001 if that sale
takes place after the end of the year.

If the value on the date of the transfer is ultimately determined to be less
than the historical tax basis, the distribution to Enron South America LLC
will result in there being unrecovered basis in EBPH XII.

If the shares are sold by EBPH XII to affiliated Cayman companies, the same
valuation issues exist with the same potential for recognition of US gain on
the sale from EBPH XII to an affiliated.  Distributing the shares to Enron
South America LLC will be much easier.

Lynn

Bruce Harris
12/08/2000 11:31 AM
To: Robert H George/NA/Enron@Enron, Kay Young/HOU/ECT@ECT
cc: Dan Boyle/Corp/Enron@Enron, Lynn Aven/NA/Enron@Enron, Joe
Kishkill/SA/Enron@Enron, Kent Castleman/NA/Enron@Enron, Bruce
Harris/NA/Enron@Enron, Sheila Glover/HOU/ECT@ECT, Edward E
Graham/SA/Enron@Enron, Rick Hopkinson/NA/Enron@Enron, Jeffrey E
Sommers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Next steps with Copel shares

Robert and Kay, thanks for all your work on getting the shares moved out of
Brazil and into the parent CayCos.  I understand that by sometime early next
week the physical ADR certificates will be returned by BONY to the Enron
vault.

Here is what we now need to do:

1. We are going to need to send one certificate back to BONY and split it
into three new certificates.  Two certificates will be for approximately
1.25M shares each, the balance for about 5M shares.

2. We need to form a new CayCo and sell or otherwise transfer (capital
split?) the two 1.25M tranches to this NewCo.  This needs to happen next week.

3.  Pending Dan Boyle's structuring efforts and an affirmative Corp. decision
(supervised by Joe Kishkill), the two existing CayCos which now own the Copel
shares will be sold into Whitewing Fund.  That means about 12.5M shares will
go to Whitewing and the certificates will remain in the vault.  This would
happen last week of the year--if it happens (there are actually about
15,443,000 total ADRs--I am approximating in this email).

4. The NewCo shares will remain outside this structure entirely. We will need
to put one tranche of 1.25M into a brokerage account--Sheila at this point we
will bring you in for assistance (again, hopefully next week).

5. Robert--we need to work out soon with Sheila, Skadden,and BONY to
establish an efficient mechanism to convert the full 1.25M share certificate
to unrestricted ADRs absent and prior an immediate buyer(s)--or we need to
figure out foolproof mechanics for constantly reissuing new certificates for
every small sale.  We will then be looking for effective points to sell these
1.25M shares--and again, Joe Kishkill will provide price/volume targets
(execution via Gary Hickerson's group who has not yet been informed).  In 3
months time, we will repeat the process for the other 1.25M tranche.

Robert--please call me so we can determine: (a) how to set up NewCo/transfer
shares, and (b) how to work the 1.25M "unrestriction" with BONY and Skadden.

Regards,  Bruce
713-853-0950


Results of the Fearless Forecaster Sentiment Poll taken after the close on 02/1

Response was to this question: "At the end of next week will the S & P 500
close up (bull), down (bear), or unchanged/no opinion (neutral)?"

IT BULLS:	19%
IT BEARS:	71%

Our `Smart Money' Poll was twice as Bullish as Bearish and Neutral.

The Senticator is Neutral but almost Bearish.

Last week, we said that our guess was that we would see a bit of strength
to make the "Smart Money" guys feel good, but by the end of the week we'd
be heading south. We also reiterated our opinion that a Top of Intermediate
Proportions was in.

Not bad at all, if we do say so ourselves.

This week, we have to look for some lower prices, but with such a plurality
of Fearless Forecaster Bears, it's quite possible that we'll get a nice
reversal after a bit of weakness. The "Smart Money" appears to agree. The
Senticator, however, is throwing off neutral to bearish readings. We aren't
sure what to make of that. The best bet is to look for weakness early, and
if not then, then later in the week. Should we have a hard decline early in
the week, we would on the look-out for a sharp reversal. That is
technically the odds on play when there is a large plurality (better than
70%) of Bears. Note, however, that 71% is not as large a plurality as it
might be. We don't have a lot of data with readings like that, so our
confidence is not as high as it would be with a reading of 85%-90% Bears.

Mark Young

See www.Traders-Talk.com in the Market Analysis area for a historical chart
of the
FF sentiment.

ABOUT SENTIMENT AND ANALYSIS

The Fearless Forecaster Sentiment Poll is taken each Friday from a
generally static pool of experienced technical analysts (both private and
professional). The Fearless Forecaster Sentiment is not normally a good
fade, though there are times when it can be.

The Fearless Forecaster sentiment data is useful on the short term; the
Fearless Forecasters tend to be right. Typically they are right sooner
rather than later, if there's a large plurality. On the flip side of the
equation, if 90% or more are Bullish or Bearish, the odds of them being
right over the very short term are huge, but the odds of a major turn (in
the opposite direction) soon thereafter are also quite good.

We have also found that when the Fearless Forecasters are evenly split,
look for a BIG move in either direction, but usually down.

Over the years, we have found a number of other tools to help in evaluating
the Fearless Forecaster Sentiment. We publish this in our weekly
"Institutional Sentiment & Analysis" (a part of our institutional
research). These additional tools are our "Smart Money" poll, and our
Senticator. Both are proprietary polls run by us.

We have found that the Senticator tends to be right by the end of the week
(as much as 87% of the time), though it tends to be more accurate in a
rising market than a falling one.

The "Smart Money" pollees are very useful when there is divergent opinion.
It's generally NOT a good idea to fade the "Smart Money" unless
"'EVERYONE'" (all sentiment measures) is in agreement. When in doubt about
the meaning of the Fearless Forecaster Sentiment Poll, defer to the "Smart
Money" poll. The "Smart Money" guys are folks with whom I've worked or whom
I've watched for YEARS. They all have different approaches and they're all
VERY good (not infallible, just good analysts/traders).
http://www.decisionpoint.com/affiliate/0ffsi.GIF


The gas desk lost approx. 45.9MM.  West desk losing approx 55MM.


Here's a couple of clauses from some other contracts:

From ABB contract:

Maximum Liability.  Seller,s maximum aggregate liability for claims by
Purchaser arising out of Seller,s performance of this Agreement whether
arising from tort (including negligence), breach of contract or any other
cause of action is limited to one hundred percent (100%) of the Purchase
Amount; provided, however, that the foregoing limitation of liability of
Seller shall not apply to the following:

(i) under Article XX (Indemnification);

(ii) under Article XXIV (Liens and Claims);

(iii) Section 3.8(a) and 3.8(b), (Compliance with Governmental Rules);

(iv) Section 5.2 (Taxes);

(v) Article XIX obligation to maintain insurance;

(vi) arising from or related to environmental harm caused by an action or
inaction of Seller, its agents, employees or Vendors during the performance
of the Scope of Work;

(vii) resulting from the gross negligence or willful misconduct of Seller,
their agents, employees or Vendors;

(viii) patent or copyright infringement in accordance with Section 15.2, or
(ix) Article XXI (Non-Disclosure of Information).

which liabilities shall not be limited.  Additionally, any liability of
Seller provided for by the proceeds of the insurance maintained pursuant to
Article XIX shall not be counted toward any of the foregoing limitations of
liability.

The indemnity language in the ABB contract probably wouldn't work.  I'll look
around.


Smile often. Laugh hard. Have a great time.
We'll mind the store.


Attached is the document I mentioned.  You will get a separate e-mail from
Karen Denne which will include the invitation and the invited for the
Thursday meeting.

My contact information:

Steven J Kean
EVP and Chief of Staff
Enron Corp
713.853.1586
skean@enron.com
pager: 888.906.9761
Asst Maureen McVicker 713.853.1808

I will be in Japan most of next week, but my office can reach me.
Thanks


Please see attached.

Samantha M. Slater
Manager of State & Regional Affairs
Electric Power Supply Association
1401 New York Avenue, N.W.
11th Floor
Washington, D.C.  20005
Phone: 202-628-8200
Fax: 202-628-8260
E-mail: sslater@epsa.org
Content-Transfer-Encoding: quoted-printable
Date: Thu, 24 May 2001 15:58:33 -0400
From: "Mark Stultz" <MSTULTZ@epsa.org>
To: "Neal Costello" <cpowerc@aol.com>,<chapmana@bp.com>, "Bill Highlander"
<highlander@calpine.com>, <jmpierce@duke-energy.com>, <dafi@dynegy.com>,
"Gloria Quinn" <quinngj@edisonintl.com>, "Mark Palmer" <mpalmer@enron.com>,
<ldaspi1@entergy.com>, "Karen O'Neill" <karen.oneill@greenmountain.com>,
<buddy.eller@mirant.com>, <DMcfarlan@MWGen.com>, <David.Mould@neg.pge.com>,
"Lisa Franklin" <lisa.franklin@neg.pge.com>, "John Giesser"
<jgiesser@newenergy.com>, "Joseph Bizzano" <joe.bizzano@nrgenergy.com>,
"Trudy Marshall" <Trudy.Marshall@nrgenergy.com>, "Vincent Ragucci"
<vincent_ragucci@ogden-energy.com>, <Kristen.Ludecke@pseg.com>,
<Richard_wheatley@reliantenergy.com>, "Maureen Phillips"
<mphillips@ridgewoodpower.com>, "Martin Quinn" <mquinn@ridgewoodpower.com>,
<cwgriffi@seiworldwide.com>, "Applebaum, David" <dapplebaum@Sithe.com>,
<wwhopkins@tecoenergy.com>, <fferraro@wm.com>
Cc: <GAC993@aol.com>,<Paul.j.allen@constellation.com>, "Weber, Barbara C."
<Barbara.Weber@ElPaso.com>, "Gene Peters" <GPETERS@epsa.org>, "Julie Simon"
<JSIMON@epsa.org>, "Kimberly Blackburn" <KBlackburn@epsa.org>, "Lynne Church"
<LCHURCH@epsa.org>, "Simone Byrd" <SByrd@epsa.org>, "Samantha Slater"
<SSLATER@epsa.org>, "Marty Wilson" <mwilson@pstrategies.com>
Subject: Media Campaign
Mime-Version: 1.0
Content-Type: text/plain; charset="us-ascii"
Content-Disposition: inline

To EPSA's Public Affairs & State Issues Committees:

During our steering committee call this morning on the Powerful Future Media
Campaign, the group reinforced a desire to move forward expeditiously with
production of our campaign, while at the same time reaching out to other
potential stakeholders to join us in some paid media education/advocacy
regarding the lessons from California.

The group is currently reviewing some initial drafts, and it appears likely
that we'll be able to take advantage of some already booked studio time next
Tuesday.

It also was agreed that we shift our approach somewhat - away from targeted
states and toward targeted markets, supplemented by some placements in
national regulator/legislator publications to help us cover the loss of a few
state capitals.

Although, the actual markets and their priority will be determined by the
"phase two" funders and their available resources, the plan envisions
placements in east coast markets from at least Boston through Washington,
D.C., as well Seattle and Portland in the West.  Other markets could also be
included as we go.  At this point, the group decided against any California
placements.  The total estimated budget for these buys is similar to that
previously distributed.

Still plenty of room on the bandwagon, so please give me a call if I can be
of further assistance, (202) 628-8200, ext. 103.

Regards,
Mark S.
EPSA


NGX owes us a lot of money on Deceber 25th.  Please send me an  email when we
receive it.

Thanks

John


Please find attached a detailed briefing paper on the captioned order.  Ray Alvarez


Chris,

Can you please change the utilized capacity value for DRN 38725, pipeline 42, effective date 5/7/01 to 2957.  Thanks.

Mat


chris says both of these prices are correct - is broker still disputing them?

Kerri Thompson@ENRON
03/20/2001 02:28 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: apb checkout

554905
broker has 350.00

554912
broker has 325.00

thanks!


Applied Finance - January 25 & 26, 2001 in EB552     Cost:  $700.00

If a better understanding of Enron's transactions (a deal) that involves
Enron's financial as well as commercial participation with another business
entity would help you do your job better - this course was designed for you.

This course will give you a firm grasp of basic finance but in the context of
Enron's commercial and financial transactions.
The objective of this class is not to teach you how to do a deal, but rather,
to help you understand how basic financial principals contribute to the
structure of a deal and provide you with insight to Enron deals in order that
you can make a contribution to the work that goes into putting one together.

To register for any of these classes, click here (), or call 713 853-0357.


----- Forwarded by Jeff Dasovich/NA/Enron on 03/02/2001 07:08 PM -----

	"Katie Kaplan" <kaplan@iepa.com>
	03/02/2001 07:05 PM

		 To: "'Andy Brown (E-mail)'" <ABB@eslawfirm.com>, "'B Brown Andy (E-mail)'"
<andybrwn@earthlink.net>, "'Baker Carolyn (E-mail)'"
<cabaker@duke-energy.com>, "'Bob Escalante (E-mail)'"
<rescalante@riobravo-gm.com>, "'Bob Weisenmiller (E-mail)'"
<rbw@mrwassoc.com>, "'Curtis Kebler (E-mail)'"
<curtis_l_kebler@reliantenergy.com>, "'Douglas Kerner (E-mail)'"
<DKK@eslawfirm.com>, "'Greg Blue (E-mail)'" <gtbl@dynegy.com>, "'Jan
Smutny-Jones (E-mail)'" <smutny@iepa.com>, "'Jean Munoz (E-mail)'"
<jmunoz@mcnallytemple.com>, "'Jeff Dasovich (E-mail)'"
<Jeff.Dasovich@enron.com>, "'Joe Ronan (E-mail)'" <joer@calpine.com>, "'John
Larrea (E-mail)'" <john.g.larrea@williams.com>, "'John Stout (E-mail)'"
<John_H_Stout@reliantenergy.com>, "'Julee Malinowski-Ball (E-mail)'"
<jmball@ns.net>, "'Kassandra Gough (E-mail)'" <kgough@calpine.com>, "'Katie
Kaplan (E-mail)'" <kaplan@iepa.com>, "'kent Palmerton (E-mail)'"
<kent.palmerton@williams.com>, "'Kristin Vellandi (E-mail)'"
<kvellandi@pstrategies.com>, "'Lynn Lednicky (E-mail)'" <lale@dynegy.com>,
"'Marty Wilson (E-mail)'" <mwilson@pstrategies.com>, "'McNally Ray (E-mail)'"
<rmcnally@mcnallytemple.com>, "''Nam Nguyen' (E-mail)'"
<nam.nguyen@powersrc.com>, "'Norton Kelli (E-mail)'"
<knorton@mcnallytemple.com>, "'Paula Hall-Collins (E-mail)'"
<paula.hall-collins@williams.com>, "'Pigott Jack (E-mail)'"
<jackp@calpine.com>, "'Richard Hyde (E-mail)'" <rwhyde@duke-energy.com>,
"'Rob Lamkin (E-mail)'" <rllamkin@seiworldwide.com>, "'Roger Pelote
(E-mail)'" <roger.pelote@williams.com>, "'Stephanie-Newell (E-mail)'"
<stephanie-newell@reliantenergy.com>, "'Sue Mara (E-mail)'"
<smara@enron.com>, "'Theo Pahos (E-mail)'" <tpahos@ppallc.com>, "'Tom Ross
(E-mail)'" <tross@mcnallytemple.com>
		 cc: "Carol H Hudson (E-mail)" <Chudson@iepa.com>, "Jan Smutny-Jones
(E-mail)" <smutny@iepa.com>, "Steven Kelly (E-mail)" <steven@iepa.com>,
"Katie Kaplan (E-mail)" <kaplan@iepa.com>, <danielle.quan-hill@mirant.com>,
"'Anne Kelly (E-mail)'" <kelly@hnks.com>, "'Chuck Cole (E-mail)'"
<ccole@advocation-inc.com>, "'Delany Hunter (E-mail)'"
<dhunter@smithandkempton.com>, "'DJ Smith (E-mail)'"
<djsmith@smithandkempton.com>, "'Hedy Govenar (E-mail)'"
<hgovenar@acom2.com>, "'marie moretti (E-mail)'" <marie_moretti@msn.com>,
"'Maureen OHaren (E-mail)'" <Oharen@HMOT.com>, "'Mike Monagan (E-mail)'"
<mrmonagan@aol.com>, "'Phil Isenberg (E-mail)'" <isenberg@HMOT.com>, "'Robert
Ross (E-mail)'" <robbiz@cwo.com>, "'Ron Tom (E-mail)'" <Rtom@govadv.com>,
"'Scott Govenar (E-mail)'" <sgovenar@govadv.com>, "'Susan Mccabe (E-mail)'"
<sfmccabe@mindspring.com>
		 Subject: PR Call Monday

Greetings:

There will be a PR call on Monday at 10:00 to discuss specific PR strategies
this week under the Market Response group. We will be discussing
distribution development and the Cal Journal ad for April as well as provide
an update on the polling.   We will send out a more detailed agenda this
weekend.

Conference Call in Number:
   1-800-486-2460

Pass code:

120895

It is important to note that this call is separate from the "Public Affairs"
call set up for 3:00 on Monday to discuss process, etc. From now on we will
also refer to the PR/Market Response team as the Public Affairs committee.

Katie Kaplan
Manager of State Policy Affairs
Independent Energy Producers Association
(916) 448-9499


Please find to below/to follow our Weekly Report for Monday 24th July 2000.


---------------------- Forwarded by Judy Hernandez/HOU/ECT on 01/25/2000
01:22 PM ---------------------------

	From:  Michelle Neville                           01/25/2000 01:04 PM

To: Alicia Jones/HOU/ECT@ECT, Paula Pierre/HOU/ECT@ECT, Cassandra
Moses/HOU/ECT@ECT, Rhonda Robinson/HOU/ECT@ECT, amelia_hinton@valic.com,
danaa@corbettstaff.com, Judy Hernandez/HOU/ECT@ECT, Sandra R
McNichols/HOU/ECT@ECT, Paul Ramirez/HR/Corp/Enron@ENRON
cc:
Subject: Fwd: So Very True...

---------------------- Forwarded by Michelle Neville/HOU/ECT on 01/25/2000
01:00 PM ---------------------------

Jessica Anaya
01/25/2000 08:47 AM
To: Leslie Linares/Corp/Enron@ENRON, Claudia Meraz/HOU/ECT@ECT, Etelvina
Guerra/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Michelle Neville/HOU/ECT@ECT,
Angela Barnett/HOU/ECT@ECT, sbellard@hotmail.com
cc:
Subject: Fwd: So Very True...

---------------------- Forwarded by Jessica Anaya/HOU/ECT on 01/25/2000 08:46
AM ---------------------------

Helen Martinez <helenmar1980@yahoo.com> on 01/24/2000 09:01:56 PM
To: Jessica Anaya/HOU/ECT@ECT, Monica Anaya <madaa@swbell.net>, Yanett Anaya
<Yanett2121@hotmail.com>, Keziah Apura <kweenpobby@aol.com>, Carmen Cantu
<ccantu_79@yahoo.com>
cc:
Subject: Fwd: So Very True...

Note: forwarded message attached.

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

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Subject: Fwd: So Very True...
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Content-Length: 4268

>From: "Beverly Wehmeyer" <BWehmeyer@gpsolaw.com>
>To: <ALeon57383@aol.com>,<Lybw1@aol.com>,
><melly4260@aol.com>,<Jennifer.Diaz@cna.com>, <b_line78@hotmail.com>
>Subject: So Very True...
>Date: Mon, 24 Jan 2000 17:14:46 -0600
>
> >> Subject:     So very true. Everyone must read this. It's beautiful
> >>
> >> Happiness......
> >>
> >> We convince ourselves that life will be better after we get married,
>have
>
> >> a
> >> baby, then another. Then we're frustrated that the kids aren't old
>enough
>
> >> and we'll be more content when they are. After that, we're frustrated
>that
>
> >> we have teenagers to deal with. We'll certainly be happy when they're
>out
>
> >> of
> >> that stage.
> >>
> >> We tell ourselves that our life will be complete when our spouse gets
>his
>
> >> or
> >> her act together, when we get a nicer car, are able to go on a nice
> >> vacation,  when we retire.
> >>
> >> The truth is, there's no better time to be happy than right now. If not
> >> now,
> >> when?
> >>
> >> Your life will always be filled with challenges. It's best to admit
>this
>
> >> to
> >> yourself and decide to be happy anyway.
> >>
> >> One of my favorite quotes comes from Alfred D. Souza.  He said, "For a
> >> long
> >> time it had seemed to me that life was about to begin - real life. But
> >> there
> >> was
> >> always some obstacle in the way, something to be gotten through first,
> >> some
> >> unfinished business, time still to be served, or a debt to be paid.
> >>
> >>
> >> Then life would begin.  At last it dawned on me that these obstacles
>were
>
> >> my
> >> life."
> >>
> >> This perspective has helped me to see that there is no way to
>happiness.
>
> >> Happiness is the way.  So, treasure every moment that you have and
> >> treasure
> >> it more because you shared it with someone special, special enough to
> >> spend
> >> your time with...and remember that time waits for no one.
> >>
> >>
> >> So, stop waiting until you finish school, until you go back to school,
> >> until
> >> you lose ten pounds, until you gain ten pounds, until you have kids,
>until
>
> >> your kids leave the house, until you start work, until you retire,
>until
>
> >> you
> >> get married, until you get divorced, until Friday night, until Sunday
> >> morning, until you get a new car or home, until your car or home is
>paid
>
> >> off, until spring, until summer, until fall, until winter, until you're
> >> off
> >> welfare, until the first or fifteenth, until your song comes on, until
> >> you've had a drink, until you've sobered up, until you die, until
>you're
>
> >> born again to decide that there is no better time than right now to be
> >> happy.
> >>
> >> Happiness is a journey, not a destination.
> >>
> >> Thought for the day:
> >> Work like you don't need money,
> >> Love like you've never been hurt,
> >> And dance like no one's watching.
> >>
> >>
> >> An Angel To Watch over You
> >> Some people  come into our lives  and quickly go..
> >> Some people  become  friends  and stay a while.. leaving beautiful
> >> footprints on our  hearts and we are never quite the same because we
>have
>
> >> made a good friend!!
> >>
> >>
> >> Yesterday is history.
> >> Tomorrow a mystery.
> >> Today is a gift.
> >> That's why it's called the present!
> >>
> >> I think this is special.....
> >> live and savor every moment.....
> >> this is not a dress rehearsal!
> >>
> >>
> >>   (\           /)
> >>   ( \  __  / )
> >>    ( \ (  ) / )
> >>    (( /<>\ ))           TAKE THIS LITTLE ANGEL
> >>    ( / \/\/  \ )           AND KEEP HER CLOSE TO
> >>      (       )             YOU SHE IS YOUR GUARDIAN
> >>      (       )             ANGEL SENT TO WATCH
> >>      (       )             OVER YOU~~~~~~
> >>
> >>
> >> THIS IS A SPECIAL GUARDIAN ANGEL... YOU MUST PASS THIS ON TO 5 PEOPLE
> >> WITHIN
> >> THE HOUR OF RECEIVING HER..AFTER YOU DO MAKE A WISH....IF YOU HAVE
>PASSED
>
> >> HER ON, YOUR WISH WILL BE  GRANTED AND SHE'LL WATCH OVER YOU
>FOREVER....IF
>
> >> NOT..HER TEARS  WILL FLOW AND NO WISHES WILL BE GRANTED....
> >>
> >> Now don't delete this message,because it comes from a very special
>angel.
>

______________________________________________________
Get Your Private, Free Email at http://www.hotmail.com


remove me from your email list

Shirley Sklar <shirley.sklar@idrc.org> on 03/15/2001 01:13:13 PM
To: stshouston@mailman.enron.com
cc: Ed Jarboe <ed.jarboe@idrc.org>, Shirley Sklar <shirley.sklar@idrc.org>
Subject: Attached Invitation from IDRC Houston Chapter

Attached is an invitation from the IDRC Houston Chapter.

The following section of this message contains a file attachment
prepared for transmission using the Internet MIME message format.
If you are using Pegasus Mail, or any another MIME-compliant system,
you should be able to save it or view it from within your mailer.
If you cannot, please ask your system administrator for assistance.

   ---- File information -----------
     File:  HOUSTON41001.doc
     Date:  15 Mar 2001, 13:59
     Size:  71680 bytes.
     Type:  Unknown

 - HOUSTON41001.doc


F.Y.I.

----- Forwarded by Maureen McVicker/NA/Enron on 03/19/2001 02:47 PM -----

	Jeffrey Keeler
	03/16/2001 10:50 AM

		 To: Maureen McVicker/NA/Enron@Enron
		 cc:
		 Subject: Enron EHS Contact on California Environmental Issues

Maureen -- Please forward to the Enron public affairs group.  Thanks!

_____________________________________

To:   Enron Public Affairs

From:   Michael F. Terraso, Vice President, Environment, Health and Safety &
Chief Environmental Officer
 Jeff Keeler, Director, Environmental Strategies

Environmental regulations and policies have and will continue to play a
significant role in the current California "energy crisis" situation.  It is
a high priority of the Enron Environment, Health and Safety (EHS)
organization to ensure that environmental issues are given serious
consideration as part of Enron's efforts to capitalize on opportunities and
manage risks related to the California crisis.

To that end, we have asked Mary Schoen, Manager, Environmental Strategies, to
serve as the EHS organization's key contact for commercial, government
affairs, EHS and public affairs personnel on environmental issues related to
the California crisis situation.   As the primary interface with these
groups, Mary will coordinate the numerous resources of the entire EHS
department in support of Enron's activities, including:

Providing timely intelligence and analysis about environmental policy
developments that affect Enron markets;
Reviewing legislation/regulation, coordinating environmental policy advocacy
strategies and providing input into overall Enron advocacy efforts;
Providing assistance on environmental permitting, due diligence, and other
technical services.

Mary's contact information:

San Francisco Office:   415-782-7803 phone
    415-782-7845 fax

Houston Office:  713-345-7402 phone
    713-646-8160 fax

Cell Phone:   713-907-4582


Jeff,

I spoke with Mark Palmer concerning the interview with Businessweek magazine,
January 2nd.  He has asked me to participate in the article to discuss Enron
Media Services and thought it would be a good idea for me  to give you a
quick update in the event the reporter questions you about the business.  Let
me know if you would like for me to stop by or call you to bring you up to
date.   I will be out on vacation December 20th returning January 2nd.

Congratulations on your appointment to CEO.

Edward Ondarza


Try to respond end of the week.  I'd like to see your drafts.

Jim

 -----Original Message-----
From: 	Canovas, Guillermo
Sent:	Monday, October 22, 2001 10:10 AM
To:	Steffes, James D.
Subject:	RE: DISCO of the Future Meeting 10/24/01 Agenda and Materials

Fine. Which is the deadline?

 -----Original Message-----
From: 	Steffes, James D.
Sent:	Monday, October 22, 2001 9:35 AM
To:	Canovas, Guillermo
Subject:	RE: DISCO of the Future Meeting 10/24/01 Agenda and Materials

A few notes.

1.	Be cautious about divestiture.  Remember we own pipes and a electric LDC.

2.	Agree with you that we don't want Utility in merchant role - key issue.

3.	POLR issue involves getting pricing right.

Why don't you put together a note to the CAEM that we can send as our thoughts.  Just the Top 5 issues.

Jim

 -----Original Message-----
From: 	Canovas, Guillermo
Sent:	Monday, October 22, 2001 9:20 AM
To:	Steffes, James D.
Subject:	FW: DISCO of the Future Meeting 10/24/01 Agenda and Materials

 << File: distco future.doc >>

 -----Original Message-----
From: 	Canovas, Guillermo
Sent:	Monday, October 22, 2001 9:19 AM
To:	Steffes, James D.
Subject:	RE: DISCO of the Future Meeting 10/24/01 Agenda and Materials

Attached are summarized the main recommendations of the distco of the future paper and  their impact.
Most recommendations would have a positive impact on competition. However, some recommendations could be potentially dangerous. Besides, it does not have a clear position regarding unbundling: it opens too many unbundling possibilities and discards the extreme, and more effective (divestiture).
I will work on the default supplier paper today.

 -----Original Message-----
From: 	Steffes, James D.
Sent:	Friday, October 19, 2001 2:01 PM
To:	Canovas, Guillermo
Subject:	FW: DISCO of the Future Meeting 10/24/01 Agenda and Materials
Importance:	High

Are these papers consistent with Enron's positions?

Jim

 -----Original Message-----
From: 	"Hope Duncan" <hduncan@caem.org>@ENRON
Sent:	Friday, October 19, 2001 1:28 PM
To:	hduncan@caem.org
Subject:	DISCO of the Future Meeting 10/24/01 Agenda and Materials
Importance:	High

MEMORANDUM

TO: DISCO of the Future Participants
FR: Hope Duncan, Director of Administration
RE: Meeting Materials
DT: October 18, 2001

Please find attached the agenda for next week's DISCO meeting.  I also
have attached the materials for the meeting -- the regulatory white
paper and the POLR paper.

Please address all questions and/or comments regarding the
aforementioned materials during the meeting.

 - DISCO-Regulation-MembersDraft(010907v14).doc << File: DISCO-Regulation-MembersDraft(010907v14).doc >>
 - DISCO POLR Revised.doc << File: DISCO POLR Revised.doc >>
 - DISCO October Agenda.doc << File: DISCO October Agenda.doc >>


That's good - we'll talk to you then.

 -----Original Message-----
From: 	"KAPUSTKA, LAURA L" <lkapustka@oppd.com>@ENRON
Sent:	Friday, October 19, 2001 1:36 PM
To:	Panus, Stephanie; lkapustka@oppd.com
Cc:	ademulling@fraserstryker.com; DAVIS, ANNA M
Subject:	RE: ISDA Agreement

How about 12:00 central time on the 29th.
Laura

> -----Original Message-----
> From:	Stephanie.Panus@enron.com [SMTP:Stephanie.Panus@enron.com]
> Sent:	Friday, October 19, 2001 10:33 AM
> To:	lkapustka@oppd.com
> Cc:	ademulling@fraserstryker.com
> Subject:	RE: ISDA Agreement
>
> Laura,
> Frank will be out of the office that morning and asked if we could
> schedule
> the call for any time after 11:30.
>
> Stephanie Panus
> Enron Wholesale Services
> ph:  713.345.3249
> fax:  713.646.3490
>
>     -----Original Message-----
>    From:   "KAPUSTKA, LAURA L" <lkapustka@oppd.com>@ENRON
>    Sent:   Friday, October 19, 2001 7:53 AM
>    To:     Panus, Stephanie
>    Cc:     'ademulling@fraserstryker.com'
>    Subject:  FW: ISDA Agreement
>
>    Stephanie -
>    Thank you for the phone call yesterday.  Could we schedule a conference
>    call
>    with Dr. Sayre on Monday, October 29 at 10:30 Central Time?  If that
>    time
>    does not work, please let me know.  If that time works, I will plan on
>    calling Dr. Sayre at 713-345-7894.  Thanks -
>
>    Laura Kapustka
>    Manager - Treasury & Risk Management
>    Omaha Public Power District
>    (402) 636-3057
>
>
>    > -----Original Message-----
>    > From:      KAPUSTKA, LAURA L
>    > Sent:      Wednesday, October 17, 2001 4:32 PM
>    > To:   'frank.sayre@enron.com'
>    > Cc:   'ademulling@fraserstryker.com'
>    > Subject:   ISDA Agreement
>    >
>    > Dear Dr. Sayre:
>    > Thank you for your letter regarding the ISDA Agreement being executed
>    > between OPPD and Enron.  I have discussed your letter with our
> General
>    > Counsel (Fraser Stryker).  I would like to set up a conference call
> to
>    > discuss the issues raised in your letter.  Would you be available for
>    a
>    > conference call on Thursday, October 18 or October 29?  I will look
>    > forward to hearing from you.
>    >
>    > Laura L. Kapustka
>    > Manager - Treasury & Risk Management
>    > Omaha Public Power District
>    > (402) 636-3057
>
>
>
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