below is an article on California for your review - Eric

++++++++++++++++++++++

----- Forwarded by Eric Benson/NA/Enron on 01/26/2001 04:58 PM -----

	webmaster@cera.com
	01/26/2001 02:48 PM

		 To: insights@cera.com
		 cc:
		 Subject: Western Energy Markets Stuggle Along - CERA Monthly Briefing

Title: Western Energy Markets Stuggle Along
URL: http://www20.cera.com/eprofile?u=35&m=2220

Western Market Overview

As the California power crisis remains unresolved and blackouts in California
have gone from threat to reality, the western gas and power markets grow
increasingly distorted by the perceived risk of selling energy to California,s
two largest utilities. Normal power plant operations and power pricing
dynamics
have been supplanted with federal mandates to deliver power to California, and
power basis differentials are being influenced by credit risk. Regional
hydroelectric supplies have been drawn down at abnormally rapid rates to meet
current demand such that, in the absence of increased precipitation throughout
the West, suppliers will be unable to depend heavily on hydroelectric output
in
February and later in the year. Gas suppliers are growing increasingly wary
about shouldering the increased risk.

Natural gas and power prices have declined from December,s record levels,
driven in part by January-to-date weather that has been warmer than normal.
Although Topock gas prices remain above the $10 per million British thermal
units (MMBtu) level, basis differentials to the Henry Hub have declined
dramatically from a premium over Henry Hub prices of $15 per MMBtu in December
to an average of $5.00 per MMBtu in January. Demand levels will likely hold
near January levels during February, as the already intense pull of gas for
power generation continues. Because storage levels in California remain low,
the California citygates will be exposed to temporary price spikes during
spells of cold weather. Differentials for February are expected to average
$0.65 to $0.75 per MMBtu, in the Rocky Mountains and San Juan producing basins
during February, $0.65 per MMBtu at AECO, and $3.00 per MMBtu at Topock.

Power prices in January have followed both the decline in gas prices and the
shift to warmer weather. However, there is growing unease in the power markets
with the dry precipitation season to date. A significantly lower-than-average
hydroelectric season would permeate through the power markets for all of 2001,
placing gas-fired generation on the margin virtually the entire year. CERA has
incorporated a lower-that-average view of hydroelectric generation into its
gas
and power analyses. February on-peak power prices are expected to average
$140)
$166 per megawatt-hour (MWh) in February, depending on location, but temporary
price spikes are likely as California reserves reach critically low levels and
the independent system operator (ISO) struggles to secure enough power to keep
the lights on. Off-peak power prices are also expected to remaining strong,
averaging $94)$135 per MWh in February, depending on location.

Regional Power Market Drivers: Low Precipitation Threatens Already Difficult
2001

Disappointing levels of precipitation have raised the specter that the 2001
power markets will be plagued by a below-average hydroelectric year.
Season-to-
date precipitation is currently 55 percent of normal in the upper Columbia
River Basin in British Columbia, 50 to 75 percent of normal in the US Columbia
River Basin, and 50 percent of normal for California. January hydroelectric
output westwide has been higher than normal, as operators have run facilities
hard to supply energy during December and January energy shortages. In coming
months, however, output will be down roughly 2,275 average megawatts (aMW)
compared with the first quarter of 2000, owing in part to this early drawdown.
CERA has incorporated an outlook for hydroelectric production in 2001 that is
approximately 88 percent of CERA,s estimate for an average western hydro year
(see Table 1).

Concerns over low precipitation levels and the high drawdown rate of Pacific
Northwest hydroelectric facilities leave the Pacific Northwest particularly
vulnerable to higher prices in February, as winter weather)driven demand
spikes
challenge regional supplies and California demand prevents a significant level
of exports from California to the Pacific Northwest.

Even under normal hydroelectric conditions, demand growth in early 2001 was
expected to push the utilization rates of US Western Systems Coordinating
Council (WSCC) gas-fired generation facilities to 50 percent, well above the
39
percent average level of the first quarter  2000. (see Table 2) The combined
effects of the early drawdown of hydroelectric facilities, a disappointing
precipitation season, and demand growth will push these utilization rates to
nearly 60 percent in the first quarter  2001. This will cause markets to clear
at or above the production cost of gas-fired generation even more often than
in
2000.

Pacific Northwest

Hydroelectric generators in the Pacific Northwest have drawn down the region,s
hydroelectric reservoirs to well below average historical levels. Grand
Coulee,
the largest hydroelectric facility in the West, with over 6,000 megawatts (MW)
of capacity, was near 75 percent of the historical average as of early January
and reflects the general condition of the major reservoirs in the region. In
the event that precipitation remains low, the drawdown of these facilities in
early winter to meet load spikes in the Pacific Northwest and California has
hurt the region,s ability to supply power throughout 2001 and will maintain
upward pressure on power prices.

Above-average temperatures in early January have helped to mask some of the
underlying strong fundamentals in the Pacific Northwest. Strong demand growth
for the first quarter near 5 percent is expected, however, owing to economic
growth and a return to normal weather from last year,s mild winter (see Table
3). Low hydroelectric availability and persistent gas prices in the $6 to $8
per MMBtu range at Sumas have the potential during the remainder of the winter
to cause price spikes well above the $226 per MWh on-peak levels so far in
January, although average prices should be much lower. December,s average of
$570 per MWh demonstrated this potential clearly (see Table 4). Along with
demand growth near 5.5 percent year-over-year in February, cold snaps will
again bring price run-ups, particularly in the event that persistent low
precipitation in the region reduces the ability of hydroelectric operators to
draw down facilities past already-low levels.

CERA expects Mid-Columbia prices to stay near January levels in February for a
monthly average of $141 per MWh on peak and $135 per MWh off peak. Continued
drops in hydroelectric reservoirs and weather-related events would push prices
periodically to December,s high levels.

California

Although California has had a December and early January that were nearly 10
percent warmer than usual, January prices have reflected 5 percent demand
growth over 2000 owing to economic and other growth factors that have pushed
gas-fired generators onto the margin more often, with higher gas prices at
Topock by $7 MMBtu, low hydroelectric availability westwide, and the degraded
condition of the California power market. Northern California snowpacks have
been higher than in other parts of the state but hover near 55 percent of
normal in spite of recent storms. Reservoir levels for the state are between
50
and 100 percent of average, depending on location, but are in the 70 to 80
percent-of-average range for reservoirs affecting the state,s largest
hydroelectric facilities.

As California,s largest investor-owned utilities (IOUs) continue to struggle
to
obtain gas and power supplies in the face of financial insolvency, California
power prices have reflected a premium associated with the higher risk of
supplying the state. January differentials with western prices have grown as
high as $40 per MWh, owing in part to temporary supply shortages as nuclear
and
other thermal plant outages at times have totaled over 15,000 MW. Northern
California,s import constraints make it particularly susceptible to these
temporary shortages, suggesting that continued low hydroelectric supplies will
increase the risk of repeated localized blackouts in the event of extensive
future outages.

The agreements reached through negotiations between suppliers, the IOUs, and
state and federal officials in recent weeks will calm some of the price-
inflating uncertainty in the market, but California will be the premium market
through the first quarter of 2001 and most of the coming year owing to
persistent supply tightness. For February in California CERA expects sustained
price strength of $152 per MWh on peak and $126 per MWh off peak.

Rockies and the Southwest

The Southwest and Rockies regions had warm weather in December and the first
half of January but have not been completely insulated from the price run-ups
in other parts of the West. Demand growth in the region is expected to be near
3 percent for the first quarter, with February experiencing moderate 2 percent
growth, suggesting that most of the price strength will be attributed to
interconnections with the hydro-deprived California and Pacific Northwest
markets. Capacity margins in the Southwest are at their highest levels during
the winter and*as an isolated subregion*would exceed 15 percent at this time.

Compared with California prices, prices in the Southwest and Rockies regions
will reflect the relatively low cost of gas supply and the prevalence of coal-
fired generation (16,000 MW, or 48 percent of the installed base in the
region). CERA,s outlook for on-peak average price for February is $150 per
MWh.
Off-peak prices in the Rockies will drop nearly $25 per MWh below the
Southwest, reflecting the ability of California markets to exert more
influence
on the Southwest than on the Rockies.

Western Gas Markets

Although gas prices at Topock have come down from lofty December levels,
winter
is far from over in the West; indeed, the pressure is intensifying. The credit
crisis precipitated by the power market crisis is spilling over into gas
markets; storage levels within California are again at critically low levels.
The mild weather during December and early January allowed some improvement in
the positions, but when PG&E,s suppliers began refusing to serve because of
the
utility,s credit problems, the utility responded by drawing heavily on storage
inventories, and a spell of wintry weather compounded increased demand in the
face of limited supplies. As a result, overall inventory levels are again
falling quickly.

CERA estimates that inventory levels in California are approximately 50
billion
cubic feet (Bcf). A continued heavy draw on gas for power generation will keep
demand levels high (see Table 5), and the inability to manage demand spikes by
drawing on storage inventories leaves the market exposed to price spikes.
Normal weather during February would probably allow prices at both Topock and
Malin to settle back into the $0.50 to $3.00 premium to the Henry Hub, but
extreme weather could push basis differentials as high as $6.00 per MMBtu.

In the Rockies and San Juan Basins, differentials will depend critically on
the
weather. Because supply levels and storage inventories in the Rockies are
healthy, the impact of swings in regional demand can cause wide swings in
differentials. CERA expects the swings to continue through February, with
differentials generally maintaining wider discounts to the Henry Hub by the
end
of the month.

As high absolute gas prices continue, more and more effects of these prices
will emerge. CERA estimates that 200 MMcf per day of base industrial demand in
the West*particularly in California*has switched off of gas. Some end users
have turned to diesel fuel for industrial boilers; some plants have simply
curtailed operations in response to the higher prices.

On the power side, plants within California are extremely limited in their
ability to burn alternative fuels because of emissions credits. However,
plants
outside of California do have some backup capability. Arizona Public Service
has purchased 400,000 barrels of 1% sulfur residual fuel oil to burn as an
alternative to gas. Given the intense pressure on gas, oil will absorb some of
growth in power loads.

California

In November an early strong draw on storage in California raised questions
about winter deliverability within the state. A combination of low storage
inventories, high gas demand for power generation, and continued high
utilization rates on import pipelines into the state will keep pressure on
California prices through February (see Table 6). Despite efforts by end users
to limit gas burns in the state in the face of extremely high gas prices, CERA
expects demand during January in the state is up by 650 MMcf per day on a
year-
over-year basis. In February, loads should start to decline as residential and
commercial demand declines through the month. However, power loads will remain
strong and actually climb from January into February as hydroelectric
generation falls.

This demand support, continued strong capacity utilization rates in import
pipelines into California, and critically low storage inventories will keep
intense pressure on gas prices within the state through February. During
periods of high demand, prices will likely reach back up into the $15.00 to
$20.00 per MMBtu range. Eventually, as heating loads settle and storage draws
slow toward the end of February, differentials should ease back into the $1.00
to $3.00 per MMBtu range. On balance, CERA expects a Topock differential for
February of $3.00 per MMBtu (see Table 7).

Pacific Northwest

Three factors have combined to strengthen Malin prices over the past week, and
these forces should extend price strength at Malin into February. First, the
return of colder winter weather after moderate temperatures during late
December and early January is increasing heating loads and power loads.
Second,
lower-than-normal hydroelectric generation is increasing the draw on gas for
power generation during a season when the pull is normally low. Third, the
California power shortage is drawing on all regional supplies and supporting
the demand for gas for power generation.

Pacific Northwest demand is expected to hold flat relative to January levels
during February with slight increases in gas demand for power generation
offsetting declines in residential and commercial demand. The sustained high
demand levels*despite relatively healthy Northwest storage inventory levels*
will keep Malin prices well above Henry Hub prices. CERA expects a Malin to
Henry Hub differential of $1.00 per MMBtu during February.

A drop-off in demand of 200 MMcf per day is expected in March, as steep
declines in heating loads offset continued increases in gas demand for power
generation. However, prices at Malin will likely remain unusually strong this
spring. Part of the shortfall in hydroelectric generation continues to be
made
up by draining reservoirs. That early drawdown will limit the availability of
hydroelectric generation through the spring and early summer months. Both low
hydroelectric generation and a challenging storage refill season in Northern
California should sustain the Malin premium to the Henry Hub even into the
spring.

Rocky Mountains

The volatility in Rocky Mountain differentials continues. Differentials
continue to depend primarily on local heating loads; cooler weather supports
loads and prices within the region, but periods of warm weather drive steep
declines in Rocky Mountain prices relative to prices at the Henry Hub. During
February, demand should drop off in the region. Although declines in heating
loads in neighboring western regions will be offset by increases in gas demand
for power generation, the Rockies remain primarily coal based. As a result,
the
lower expected hydroelectric output will do little to support loads within the
region. Increases in supply*CERA expects supply increases of 300 MMcf per day
during 2001 relative to 2000*will overwhelm available pipeline capacity out of
the region.

Demand during February in the Rockies is expected to remain flat at 2.9 Bcf
per
day; however, within the month demand loads will drop substantially. This will
put pressure on differentials toward the end of the month, and CERA expects
average basis differentials to the Henry Hub during February of $0.75 per
MMBtu. That widening trend should continue during March, with differentials to
the Henry Hub eventually reaching $2.00 per MMBtu this summer.

Southwest

Prices in the San Juan Basin have been following Rocky Mountain prices up and
down with regional demand loads. That dynamic will likely continue through
February. CERA expects relatively flat demand during February within the
Southwest. As in the West as a whole, a significant drop-off is expected
during
March as residential and commercial heating demand wanes. For February,
continued strong demand loads within the Rockies and Southwest will support
prices in the San Juan, barring unusually warm weather. CERA expects a
differential to the Henry Hub of $0.65 per MMBtu.

As residential and commercial loads decline sharply during late February and
March, prices in the San Juan will reflect ample supply. CERA expects declines
in San Juan production during 2001, but declines will be limited by the
strongest drilling activity for conventional supplies in the basin in a
decade.
However, pressure on Rocky Mountain supplies will mean increased exports from
the north into the San Juan, and those increased exports will more than offset
the declines in local production. Pipeline capacity constraints out of the San
Juan will again mean wide San Juan-to-Henry Hub differentials, with pressure
on
prices developing during the spring and intensifying through the summer
months.

Western Canada: Increasing Supply

AECO differentials to the Henry Hub have ranged between $0.60 per MMBtu and
over $1.00 per MMBtu. Given strong demand in the United States, export
pipelines have been running near capacity all winter. Even the 1.3 Bcf per day
Alliance pipeline has been running full; through the end of the winter,
continued strong US demand should keep export pipeline flows near capacity.
Given these flow levels, CERA expects differentials to remain near the $0.60
to
$1.00 per MMBtu level, reflecting the cost of transport on TransCanada, the
only available export capacity out of Alberta. For February, CERA expects a
differential between AECO and the Henry Hub of $0.65 per MMBtu.

Storage inventories in western Canada are running below historical average
levels, but the refill season should be manageable; inventories are nowhere
near as low as US inventory levels. Inventories in the West are expected to
fall slightly below historical average levels by the end of withdrawal season,
and exports should decline relative to first quarter levels as injection
season
begins in the spring. CERA expects differentials to Henry Hub prices to narrow
sometime in the late spring as the focus in Alberta turns from filling US
winter demand to refilling Canadian storage.

On the supply side, production has turned the corner in western Canada, and
year-over-year increases in supply of nearly 300 MMcf per day are now evident.
After flat production levels for 2000 relative to 1999, increases for the year
2001 should reach 350 MMcf per day. Given strong expected demand from
California and the West Coast, CERA expects no declines in year-over-year
flows
into the West on PGE GT NW. Overall flows should reach 2.4 Bcf per day for
2001, an increase of 85 MMcf per day from 2000 levels.

**end**

Follow above URL for full report.

*********************************************************
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For more information and to register, please visit
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CERA Knowledge Area(s): Western Energy,

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Sharad

As expected we didn't get time to discuss in detail what to do in Houston.
We have discussed the subject informally, but I'm laying it out here for
clarity, and for Vince/Stinson's information.  Here are my thoughts:

1. Exotica.  This is the top priority, as you'd rightly identified yourself.
 a. Learn how to build xlls.
 b. Catalogue functions in Houston Exotica not yet available in London.
 c. Catalogue differences between inputs to London and Houston Exotica
functions.
 d. Produce London xll that allows current function calls to be used where
possible, and incorporates new functions.
 e. Update documentation as appropriate.
 If you do nothing else in your two weeks, I'll be very happy with this.
Main contacts are Paulo and Zimin.

2. Understand American Monte Carlo (AMC).  The aim is to get a feel for AMC's
characteristics.  Before we embark on the use of AMC for real option
valuation, I'd like to understand how it behaves for financial options.  I
suggest something like the following:
 a. Produce AMC code for single GBM for American option.  Compare Greeks
against those from appropriate tree methods.
 b. Two GBM spread option model, to compare against 1-d numerical integration
method.  Although the "American" bit of AMC isn't going to be used here, it
will be interesting to think about the bucketing issue in price/payoff space
and, again, the Greeks.
 c. Some form of mean reverting model, preferably two factor.
 d. HJM for pure financial option valuation.
 If you get somewhere on a-d, and AMC behaves sensibly on pure financial
models, then I'll be very keen to roll it out for real option valuations.

Vince/Stinson - since I'm expecting the worst from IT i.t.o. email support,
would you be good enough to print this email out and hand it to Sharad?

Many thanks,
Steve


Start Date: 4/18/01; HourAhead hour: 6;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041806.txt

---- Energy Import/Export Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/18/01
  TIE_POINT: FCORNR_5_PSUEDO
  INTERCHG_ID: EPMI_CISO_DESERT
  ENGY_TYPE: FIRM

---- SC Trades Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/18/01
  TRADING_SC: NCPA
  PNT_OF_INTRC: ZP26
  SCHED_TYPE: ENGY
  PURCH_SALE: 2
  DEAL_NO: 1


Please find attached the presentations that were made during the Government
and Regulatory Affairs off-site in June.  Apologies for the delay.

THE BRATTLE GROUP

KYRAN HANKS & DUNG TRAN

JIM STEFFES

DONALD LASSERE

PAUL DAWSON

PHILIP DAVIES

ALFREDO HUERTAS

DOUG WOOD

PETER STYLES

STEPHEN JONES


Matthew, sounds fine - I will have Kay start managing the calendar.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 02/14/2001
08:58 AM ---------------------------

Matthew Scrimshaw
02/12/2001 02:00 AM
To: David W Delainey/HOU/ECT@ECT
cc:
Subject: Re: EES Europe - Outsourcing Reorganisation

Dave - Thanks - I'll pass on the points.  I am pleased to say you sound as
direct and blunt as that other man from the provinces - Pope!

As you and Janet will be over before March 12th, I'll postpone my trip until
later in the year.

Matthew

David W Delainey
10/02/2001 00:41
To: Matthew Scrimshaw/LON/ECT@ECT
cc:
Subject: Re: EES Europe - Outsourcing Reorganisation

Matthew, Janet and I are going to come your way before March 12th.  I'll give
you a call to discuss further.

Couple of points, I would hope you would share with your group on Monday:

 - the European retail business is an important and strategic focus for Enron
and EES;
 - it encompases a material part of EES's and Enron Europes margin plan for
2001 - so execution and most probably over performance is key in 2001;
 - it was birthplace of one of the key EES distribution platforms that needs
to be migrated to North America - Enron Direct and the ITOL structure (for
the large industrial customer);
 - the European business IS one of the largest growth opportunities going
forward for EES and EES management will recognize, resource and reward that
effort;
 - I am very involved in business strategy, execution and deals;
 - I believe in open communication, performance and high performance teams -
no bullshit politics;
 - I recognize and reward performance, thinking, execution and leadership;
 - I flourish in a culture of ideas, fast action and success;
 - and I will be visiting London to meet everyone probably late February
early March.

PS - I am already a citizen of the Commonwealth.

Talk to you soon!!

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 02/09/2001
06:27 PM ---------------------------

Matthew Scrimshaw
02/09/2001 10:47 AM
To: David W Delainey/HOU/ECT@ECT
cc: Janet R Dietrich/HOU/ECT@ECT
Subject: Re: EES Europe - Outsourcing Reorganisation

FYI, I'm planning to visit Houston w/c 12th March.  If you and Janet get here
first I'll push that trip back a month or two.

David W Delainey
09/02/2001 15:53
To: Matthew Scrimshaw/LON/ECT@ECT
cc:
Subject: Re: EES Europe - Outsourcing Reorganisation

ok, let me put something together on e-mail over the next day or so -
otherwise we will plan to be in Europe over the next 4 weeks or so.

regards
delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 02/09/2001
09:51 AM ---------------------------

Matthew Scrimshaw
02/09/2001 09:22 AM
To: David W Delainey/HOU/ECT@ECT
cc:
Subject: Re: EES Europe - Outsourcing Reorganisation

Dave,

It would be really great for you to do that.  Unfortunately we start at
10.30am UK / 4.30am US time (the only slot we could get for the Auditorium).
It won't be as cool as a video link up, but if you give me a text message
addressed to all European staff, I'll read it out.

I'll get the senior guys together on Monday for the weekly EES 2.30pm UK /
8.30am US video conference call so you and Janet can at least speak to them.

Let's get you and Janet over to Europe to meet and greet the troops in person
later in the year when you guys realise what you have taken on!

Matthew

David W Delainey
09/02/2001 15:03
To: Matthew Scrimshaw/LON/ECT@ECT
cc:
Subject: EES Europe - Outsourcing Reorganisation

Matthew, would your Monday meeting be a good time (if the time change works)
for me to introduce myself and say a few words via video conference or the
like to your organization?

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 02/09/2001
09:01 AM ---------------------------

Matthew Scrimshaw
02/09/2001 03:04 AM
To: Enron London EES Group
cc: John Sherriff/LON/ECT@ECT, Michael R Brown/LON/ECT@ECT, David W
Delainey/HOU/ECT@ECT, Janet R Dietrich/HOU/ECT@ECT, Dan Leff/HOU/EES@EES,
Marty Sunde/HOU/EES@EES, Richard Lewis/LON/ECT@ECT
Subject: EES Europe - Outsourcing Reorganisation

Introduction

EES has been operating in Europe since late 1999 and in that time a lot of
progress has been made.  The teams who have worked on Outsourcing in Europe
have learnt a tremendous amount over the last year.  We now have a much
clearer idea of what should work today in the different jurisdictions that
comprise Europe and those elements of our offering with which customers are
most comfortable.

The phenomenally strong financial performance in 2000 of Enron Direct and
ETOL graphically demonstrate the future potential in Europe for a broad
retail energy business.  With Enron's retail energy presence in Europe firmly
established, we are restructuring our Outsourcing product offering and the
organisation to develop and deliver it, so that we broaden our activities and
successfully grow our earnings in line with shareholder expectations.

We now have a renewed focus in 2001.  The emphasis will be to work on only
the largest deals (by energy commodity spend) in those markets where we
already have a robust wholesale energy business and there is regulated and
economic third party access to retail power distribution systems.  The main
thrust of our offering will be commodity and Demand Side Management (DSM)
projects and our associated price risk management capabilities.  Commodity is
Enron's core competence and one where Enron should be in a position to
generate sizeable gross margin at closure.  DSM projects are also important
as they will deliver gross margin and are what differentiate us from the
commodity competition.  We will be focussing on shorter project lead times at
the front of a deal to ensure that we get to closure promptly - we need to
see 80% of the value in 20% of the time.  Whilst we retain an understanding
of O&M, this will not form part of our core offering and we will only
consider involvement in an O&M capacity on attractive margin transactions
where it is essential to the customer.  As the business develops it is likely
that, to some extent, we will build the necessary O&M delivery capability to
enhance the product offering in the future.

In those markets where we have limited wholesale capability or the third
party access to power distribution systems is not feasible in a retail
context, we will build and develop Utility Representation Services (URS) in
conjunction with a DSM project offering.  This knowledge based business will
allow us to develop retail customer networks in advance of economic system
access and also provide valuable market information back to the wholesale
business.  URS is ERPAG's core business and gives us a tremendous platform to
create a pan European URS competence.

Expertise in Supply Side Management has increasingly become an issue for the
origination team in EES Europe as we have begun to get into material deal
development.  Whilst it is vital that we remain totally coordinated with the
wholesale business for price risk management services, there will be a
renewed emphasis within EES Europe to develop those commodity skills that do
not reside in the wholesale business to allow us to promptly and effectively
price and structure retail commodity transactions to the delivery point.

Given the renewed focus outlined above, we have taken the opportunity to
streamline the Account Delivery and Management team, typically redeploying
staff where they can immediately support the development of new business for
EES Europe.  Effective Account Management remains a key capability for EES
and as we close deals with customers we will review our staffing need in this
area.

Organisation

After eighteen months working on establishing the outsourcing business in
Europe, Ron Bertasi has decided to transition back to the US during the first
half of 2001.  In the short term he will complete the Trillium property deal
and ensure that the energy and property deals are both successfully
launched.  I would like to take this opportunity to thank Ron, on behalf of
everyone in Europe, for all his hard work over the last eighteen months in
establishing the European Outsourcing business and in particular his
leadership on the Trillium deal which represents a substantial landmark for
the business.

Stuart Rexrode is now head of European Energy Services Outsourcing.  Stuart
will continue in a customer facing capacity as a lead originator, whilst
ensuring that all of the dimensions that comprise the Outsourcing team remain
appropriately focussed.  Bob Manasse will head up the origination team and
ensure that the deal pipeline remains full of substantial good quality
prospects.

Hala Tayyarah has been promoted to Manager within the Commodity team and will
provide commodity pricing support to the origination team.  Hala will report
to Peter Redpath until such time as a head of Supply Side Management is
appointed.

Reporting to Peter Redpath, Peter Ramgolam will lead a new activity,
Transaction Economics, supporting Origination by developing cashflow models
to determine deal economics, identify improvements to structures to optimise
value and capture transactions for risk management purposes.

Also reporting to Peter Redpath, John Parker will lead the implementation of
a Position Management activity.

The attached organisation charts show these changes in the revised structure
of EES Europe which is effective immediately.  Whilst these charts are
relatively self explanatory for the levels shown, there will be detailed
discussions over the next day or so to explain what the changes mean for
individuals.  Where boxes are labelled TBA, we hope to make appointments in
the near future.

At 10.30am on Monday 12th February we shall be holding a one hour EES-Europe
all employee meeting in the Auditorium in place of the usual weekly staff
meeting.  At this session we will talk about the 2001 Earnings Plan and
provide clarity on the deal process for Outsourcing and the reasoning behind
it.  Also, it will be an opportunity for you to raise any questions you may
have.  I look forward to seeing you there.

Matthew


Well,
today (or rather yesterday) it happened.  We have been pushing our limits
hard and the makets here have been very volatile.  We had a large increase in
North American Natural Gas VAR due to the breaking apart the Rockies/SoCal
basis correlation.  This am, we were attempting to get firm numbers on the
effect on our corporate limits so that we could provide
Jeff/Delainey/Lavorato/Buy/.... the information to make decisions whether or
not to reduce positions.  The number was not firm until 11 am houston time.
My understanding is that the Houston numbers were all in before 8 am and that
we were waiting for London.  While I am sure that there are issues all around
and I do not think that anyone Senior in Houston is even aware, let alone
prepared to blame, I fear that this will not always be the case.  I think
something needs to be changed in our process so that this can be avoided in
the future.

Please do not take this as a nasty-gram.  No one is cc'd or bcc'd.  I just
think that it will be deemed unacceptable.
Any thoughts/comments?
Ted


Full Day URL <http://westdesksupport/RT/AtcFinalComp/?startHour=1&endHour=24&reportDate=01/16/2002>


George,

My Assistant, Liz Taylor, is the United Way Coordinator for Enron Net Works.
Your group is listed with Net Works' United Way campaign.  Our participation
numbers are very low.  We started yesterday with our telephone and personal
visit campaign.

Liz has listed below the employees, she believes, belong to your
organization.  These are the names of those employees who have not gone
online to make their pledge.  Please have your Assistant verify this list.
If they are indeed your employees, I'm asking you to personally call them and
ask them to go online and make their pledge.  If any of the names listed
below are not with your group, please have your assistant notify Liz.

Should they experience difficulties getting online, please call Liz @
31935.   UnitedWay.Enron.com.

Thank you,

Greg Whalley

Amanda Becher
Borgman, Karen (?)
Bruce A. Martin
Calvin Eakins
Carmen Ayala
Carolyn Wedel
Cheryl Slone
Craig H. Brown
DAniel J. Olson
Darin L. Carlisle
Donna L. Ruff
Eileen Buerkert
Felicia Salewsky
Glenn E. Lewis
Jeff A. Leath
Jonathan Goebel
Kayla A. Heitmelyer
Kenneth R. Smith
Michael B. Kushner
Randy K. Rice
Ronald L. Smith
Roy D. Hartstein
Thomas O. Moore
Tracy L. Ramsey


-----Original Message-----
From: 	navigator@nisource.com@ENRON [mailto:IMCEANOTES-navigator+40nisource+2Ecom+40ENRON@ENRON.com]
Sent:	Wednesday, June 06, 2001 5:06 AM
To:	navigator@nisource.com
Subject:	REV-CAPACITY UPDATE EFFECTIVE FOR THURSDAY,  JUNE 7, 2001

                      COLUMBIA GAS TRANSMISSION CORPORATION
                        NOTICE TO ALL INTERESTED PARTIES
                                  JUNE 06, 2001

Notice ID: 2780
5 - NO RESPONSE REQUIRED

SUBJECT: REV-CAPACITY UPDATE EFFECTIVE FOR THURSDAY, JUNE 7, 2001

                NO CHANGES FROM PREVIOUS DAY

Effective Thursday, June 7, 2001, capacities will be as follows:

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

Excess MDIQ              Available +
ISS Injections           Available
SIT Injections           Available
Imbalance Paybacks       Available
PAL Parks/Loan Paybacks  Available

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

Receipt capacity will be as follows:

TENNESSEE:

Brinker (B12)            20,000
Broad Run (B9)          450,000
Cambridge (B10)          20,000
Dungannon (B11)          50,000
Highland (B17)           25,000
Milford (B18)            15,000
North Greenwood (B22)         0
Unionville (B15)         50,000

TEXAS EASTERN:

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

NATIONAL FUEL:

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

TRANSCO:

Downingtown (E3)          5,000
Emporia I (E13)         120,000
Rockville (E2)           65,000
Dranesville (E1)         25,000

ALGONQUIN:

Ramapo (R1)              50,000

ANR:

Paulding/Cecil          105,000
(F1, A2)

LEBANON AGGREGATE       195,000
(A4, F2, C4, D3)

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

COLUMBIA GULF:
(801)

TCO-Leach             2,218,000

Internal point non-firm capacity will be as follows:

Lanham                No Restrictions

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

TRANSCO:

Martins Creek (MA 21)    25,000
Young Woman's Creek      15,000
   (MA 36)

ALGONQUIN:

Hanover (MA 22)         166,000

EQUITRANS:

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

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

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

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

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

Operating Area 2
     Market Area 20       No Restrictions

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

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

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

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

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

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

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

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


When: Wednesday, January 23, 2002 10:00 AM-10:30 AM (GMT-06:00) Central Time (US & Canada).
Where: ECS05776

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


Users will be the entire West Desk:

Darron Giron
Anne Bike
Pat Ryder
Ryan O'Rourke
Carole Frank
Elizabeth Shim
Kristen Clause

Thanks.

DG

To: Darron C Giron/HOU/ECT@ECT
cc: Wei Hu/Enron@EnronXGate, Susan D Trevino/HOU/ECT@ECT, Nancy
Hernandez/NA/Enron@ENRON, Chris Abel/HOU/ECT@ECT
Subject: Re: XL Book

Who are going to be users (people uploading the file into RiskTrac)?

BM

	Enron North America Corp.

	From:  Darron C Giron                           03/09/2001 02:46 PM

To: Burton McIntyre/HOU/ECT@ECT
cc:
Subject: XL Book

Burton,
The file will be called GD_NEW
DG


Celeste,

I was under the impression I sent you a message regarding Brad Romine but
I cannot find a copy in my msg folder. There might have been a glitch in the
CC-mail
and the message did not go through and wasn't  stored.

I wanted to make the following points:

1. Brad will not show up on March 15. He is still working on his dot-com
business and wants to
pursue this opportunity.

2. My recommendation is that we should draw a line in the sand. Either Brad
or a stipend
refund check should show up on March 15.

3. I told Brad that  a failure to show up on March 15 will not imperil his
future employment opportunities
with Enron. We just need clarity and ability to plan our human resource
needs. If he decides to re-apply
at some point in the future, we shall not hold his  decision  to pursue him
entrepreneurial plans against him.

Please, let me  know what you think.

Vince


Wait until Colorado kicks their ass on Saturday and they fall below Nebraska
and Texas gets a bid to the Shithole Bowl.  You may want to get a Colorado hat
any wear it next week.  See ya soon.

Jane.M.Tholt@enron.com wrote:

> You can't believe all the shit I 'm getting from the Texas fans.  They just
> look at me and smirk.  And then they play that stupid longhorn song on the
> computer.
>
>     -----Original Message-----
>    From:   John Maliszewski <jmalisz@qwest.com>@ENRON
>    Sent:   Wednesday, November 21, 2001 10:10 AM
>    To:     Tholt, Jane M.
>    Subject:  Re: misc
>
>    Will you be moving back to Omah?.  How does this affect your pension
>    with Enron?
>
>    Jane.M.Tholt@enron.com wrote:
>
>    > I think it's over
>    >
>    >     -----Original Message-----
>    >    From:   John Maliszewski <jmalisz@qwest.com>@ENRON
>    >    Sent:   Wednesday, November 21, 2001 9:52 AM
>    >    To:     Tholt, Jane M.
>    >    Subject:  misc
>    >
>    >    Hey, we will call you tomorrow from Jean's house.  Will you be home
>    or
>    >    are you going somewhere for Thanksgiving?  What is the status of
>    your
>    >    stock price 2day?
>    >
>    > **********************************************************************
>    > This e-mail is the property of Enron Corp. and/or its relevant
>    affiliate and may contain confidential and privileged material for the
>    sole use of the intended recipient (s). Any review, use, distribution or
>    disclosure by others is strictly prohibited. If you are not the intended
>    recipient (or authorized to receive for the recipient), please contact
>    the sender or reply to Enron Corp. at
>    enron.messaging.administration@enron.com and delete all copies of the
>    message. This e-mail (and any attachments hereto) are not intended to be
>    an offer (or an acceptance) and do not create or evidence a binding and
>    enforceable contract between Enron Corp. (or any of its affiliates) and
>    the intended recipient or any other party, and may not be relied on by
>    anyone as the basis of a contract by estoppel or otherwise. Thank you.
>    > **********************************************************************


Alert!
You are receiving this message because you have an unresolved invoice in your iPayit in-box that is past due.  It is critical that you login to iPayit and take immediate action to resolve this invoice.

Remember, you play an important role in ensuring that we pay our vendors on time.

Tip!:  You must login to the system to forward this invoice to another user.

To launch iPayit, click on the link below:
http://iPayit.enron.com
Note:  Your iPayit User ID and Password are your eHRonline/SAP Personnel ID and Password.

First time iPayit user?  For training materials, click on the link below:
http://isc.enron.com/site/doclibrary/user/default.asp

Need help?
North America: ISC Call Center at (713) 345-4727.
Europe: European Accounts Payable at +44-20-7783-7520.
Asia-Pacific: Sydney Accounts Payable at +61-2-9229-2336


I know...I forgot to attach the picture.
Here it is.
 - Oldfriends9.JPG


Attached is the current list of the Confidentiality Agreements I have
prepared for the Enron Net Works and EnronOnline Teams.  Please review this
list and let me know if you have any comments or questions with respect to
this list.


---------------------- Forwarded by Larry F Campbell/NA/Enron on 02/28/2001
11:48 AM ---------------------------

"An La" <an1229@hotmail.com> on 02/28/2001 10:18:07 AM
To: nkhong@ikon.com, Amy_Yueh@valic.com, annamarie.la@marquette.edu,
catherinecao@cs.com, ckcao@aol.com, c_lam902@hotmail.com, qla@houston.rr.com,
chubecca@hotmail.com, darlene107@hotmail.com, dawnzoom@hotmail.com,
PNguyen@tmh.tmc.edu, minhduy@hotmail.com, hanshans@mail.utexas.edu,
hxdinh@hotmail.com, Huy.Dinh@enron.com, Joanie.H.Ngo@enron.com,
kmyla@hotmail.com, klchun@U.Arizona.EDU, koryn2@hotmail.com,
lcampbel@enron.com, megan.la@aspentech.com, knguyen@looksmart.net,
Nicole.La@enron.net, melindango@yahoo.com, Paul_Shah@hotmail.com,
pixie1013@hotmail.com, stevenlee@myself.com, tania_la@hotmail.com,
thunguyen2@hotmail.com, car-khongt@pearland.isd.esc4.net, TLsss@aol.com,
tran96kalila@yahoo.com, trang.dinh@enron.com, tula66@hotmail.com,
Tyler_Jensen@dell.com, yangkit@hotmail.com
cc:

Subject: Fwd: FW: sooo true

>From: "Darling, Sally" <Sally.Darling@chron.com>
>To: "'bart@stanandlou.com'" <bart@stanandlou.com>, "'bcox@beap.com'"
><bcox@beap.com>, "'Diana.Darling@dora.state.co.us'"
><Diana.Darling@dora.state.co.us>, "'Janet.Darling@UCHSC.edu'"
><Janet.Darling@UCHSC.edu>, "'Darlinglaw@aol.com'" <Darlinglaw@aol.com>,
>"'carol.devico@pncbank.com'" <carol.devico@pncbank.com>,
>"'BethGribble@aol.com'" <BethGribble@aol.com>, "'fhharvey@mindspring.com'"
><fhharvey@mindspring.com>, "'an1229@hotmail.com'" <an1229@hotmail.com>,
>"'munksr@rappcollins.com'"  <munksr@rappcollins.com>,
>"'summer_amin@hotmail.com'"  <summer_amin@hotmail.com>
>Subject: FW: sooo true
>Date: Wed, 28 Feb 2001 10:00:13 -0600
>
>I don't know if this is funny or really sad.
>
>
>20 SIGNS THAT YOU'VE HAD TOO MUCH OF THE 90'S or 00's
>1.    You try to enter your password on the microwave.
>2.    You haven't played solitaire with real cards for years.
>3.    You have a list of 15 phone numbers to reach your family of 3.
>4.    You e-mail your buddy who works at the desk next to you to ask:
>"Do you wanna go get a Coke?"; and he replies: "Yeah, give me five
>mins"
>5.    You chat several times a day with a stranger from South America, but
>you
>haven't spoken to your next door neighbor yet this year.
>6.    Your reason for not staying in touch with friends is that they are
>not
>
>online.
>7.    Your idea of being organized is multiple colored post-it notes.
>8.    You hear most of your jokes via email rather than in person.
>9.    When you go home after a long day at work you still answer the phone
>in a
>business like manner.
>10.    When you make phone calls from home, you automatically dial a "9" to
>get
>an outside line.
>11.    Your resume is on a diskette in your pocket.
>12.    You really get excited about a 1.7% pay increase.
>13.    You know exactly how many days you've got left until you retire.
>14.    Free food left over from meetings is your staple diet.
>15.    Being sick is defined as you can't walk or you're in the hospital.
>16.    You're already late on the assignment you just received.
>17.    Your relatives and friends describe your job as "works with
>computers".
>18.    You only have makeup for fluorescent lighting.
>
>.......AND THE CLINCHERS ARE..........................
>19.    You read this entire list and you keep nodding and smiling.
>20.    As you read this list, you think about forwarding it to your E-MAIL
>BUDDIES.
>_____________
>
>
>
>
>
>

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


Please review the attached revised document.  I left the references to
Louisiana in the document because of all the changes to section numbers and
exhibits that deletion of that section would cause.  At some time in the
future, I will modify to delete, but it should be okay with the references
left in for the time being.  Additionally, I suspect that we may need to
leave it in because we may need to generate a version for the LEG system that
AEP has in Louisiana.  Let me know if you think we need any other changes.


FYI
We had to pull unit 2 from Plant held for future use at P-3 on the below date.

DS
---------------------- Forwarded by Darrell Schoolcraft/ET&S/Enron on 05/29/2001 06:31 AM ---------------------------
From:	Helen Cummings/ENRON@enronXgate on 05/28/2001 11:23 AM
To:	Darrell Schoolcraft/ET&S/Enron@ENRON
cc:

Subject:	unit out of plant held for future  use

At 11:23 on may 28th I had to have p-3 put on unit two to supply gas for the 130mmbtu deliveries we had sched. behind that station.

			H. Cummings


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

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001040404.txt
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
Error: Crawler lifetime exceeded.
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database
Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database


Kevin - We're no longer holding regularly scheduled training classes.
However, there is an online tutorial and a New User's Guide; both are very
helpful in gatting you familiar with ClickTrip.

Here's the information you need to get started:

Use company name: enron

Your ClickTrip Login ID is:  hyattk			(last name first
initial)

The first time you log-in leave the password blank.  You can choose your own
password on the following screen.  Please be sure to check your profile
information for accuracy; you'll also need to add your credit card
information in that section.

The New User Guide is on the first screen of
https://www.resassist.com/enron/

If you have any questions, just let us know.

Zou Cherry
ClickTrip Administrator
713/860-1153 - direct line
zou.cherry@travelpark.com

-----Original Message-----
From: Hyatt, Kevin [mailto:Kevin.Hyatt@ENRON.com]
Sent: Monday, August 20, 2001 6:04 PM
To: clicktrip@travelpark.com
Subject: ID and training

How do I get an ID and training for using the system?

Kevin Hyatt
853-5559

**********************************************************************
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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Thank you.
**********************************************************************


Rex Shelby or David Berberian to sign

From: Tana Jones on 18/10/2000 08:43
To: Louise Kitchen/HOU/ECT@ECT
cc:

Subject: Re: NDA

Mike Haney with EBS.

	Louise Kitchen
	10/17/2000 05:58 PM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: NDA

PWC - whose NDA is it?

Please exapnd to all VPs.

Thanks


Hi Rose,

I'm home sick with a sick kid, but I wanted to make sure you got this little
bit of info.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 10/26/2000 10:28
AM ---------------------------

Dale Rasmussen@ECT
10/25/2000 08:38 PM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: WestLB

I am unaware of any others except Pastoria.

To: Kathleen Clark/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Barton
Clark/HOU/ECT@ECT, Bob Carter/HOU/ECT@ECT, Stuart Zisman/HOU/ECT@ECT, Scott
Dieball/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, David K
Bargainer/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Brian D
Barto/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Cheryl
Costa/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Peggy Banczak/HOU/ECT@ECT, Karen E
Jones/HOU/ECT@ECT, Dale Rasmussen/HOU/ECT@ECT, Alan Larsen/PDX/ECT@ECT,
davidlu@nepco.com
cc: Sheila Tweed/HOU/ECT@ECT, Roseann Engeldorf/Corp/Enron@ENRON
Subject: WestLB

To all,

As you know, Enron is refinancing the equipment we bought through WestLB.
I've been asked to compile a list of all the equipment purchased through
WestLB, and the change orders related to same.  All I know about is the LM
deal with GE (with 1 executed change order, approximately 4 or 5 pending) and
the ABB transformer deal (with one CO pending).  Please let me know if you
are aware of any others.

Thanks,

Kay


Happy Holidays Everyone !!!!!!!!

The career centers holiday hours will be from 8:30 am to 4:30 pm for the
time period 12/17 to 12/21 closed from 12/24 to 1/1,  open 8:30 am to 4:30
pm  from 1/2 to 1/18.  Starting the week of 1/22 we will be back on the
regular schedule MTW 8:30 am to 8:15 pm, Thur. 8:30 am to 6:00 pm and
Fridays 8:30 am to 4:30 pm.


Jim, I would start focusing some attention on gas at this point.  When we get
together I would like to sit down and go through a number of organizational
re-alignments and what we may want to do on the regulatory front to support
those businesses.

Regards
Delainey


Dr. Kaminski,

Attached please find a copy of our term paper. Advise
if you experience problems opening the attachment.

Best Regards,

Ken Jett

 - Combo2[1].v2.doc


Cheryl Nelson is leaving at 4:30 p.m. today to help out extended family affected by the flood.  Please contact Keegan Farrell if you need any assistance.

Esmeralda Gonzalez
Enron North America Corp.
Legal Department
1400 Smith Street, EB3815
Houston, Texas 77002
e-mail: esmeralda.gonzalez@enron.com
Phone: 713-345-7621
Fax: 713-646-3393


Dude, I already gave it to you once.

1501 Snowcrest Trail
Durham, NC  27707

-----Original Message-----
From: Jason.Wolfe@enron.com [mailto:Jason.Wolfe@enron.com]
Sent: Wednesday, April 25, 2001 1:16 PM
To: Ellwanger, Eric
Subject: Re: FW: March Madness 2001

I need to get Tara's address from you. Thanks, dude.

******************************************************************
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.
******************************************************************


Senator Bowen has canceled tomorrow's informational hearing on ESPs.


BENSON, ROBERT C,
?
You have been selected to participate in the Mid Year 2001 Performance
Management process.  Your feedback plays an important role in the process,
and your participation is critical to the success of Enron's Performance
Management goals.
?
To complete a request for feedback, access PEP at http://pep.enron.com and
select Complete Feedback from the Main Menu.  You may begin providing
feedback immediately and are requested to have all feedback forms completed
by Friday, May 25, 2001.
?
If you have any questions regarding PEP or your responsibility in the
process, please contact the PEP Help Desk at:
Houston:  1.713.853.4777, Option 4 or email: perfmgmt@enron.com
London:  44.207.783.4040, Option 4 or email: pep.enquiries@enron.com
?
Thank you for your participation in this important process.
?
The following is a CUMULATIVE list of employee feedback requests with a
status of "OPEN."  Once you have submitted or declined an employee's request
for feedback, their name will no longer appear on this list.  NOTE: YOU WILL
RECEIVE THIS MESSAGE EACH TIME YOU ARE SELECTED AS A REVIEWER.
?
Employee Name:
PIWETZ, STEPHANIE
THOMPSON, KERRI


<<#607077 v4 - ISDA Hedging Regs Ltr.doc>>
 CAn either of you suggest someone who could provide a list of weather and
energy derivatives transactions to add as exhibits to the ISDA tax committee
hedging regs letter?  Much appreciated, Ruth

-----Original Message-----
From: DMoorehead@PattonBoggs.com
To: mark.s.perwien@ssmb.com; robert.scarborough@freshfields.com;
rainslie@isda.org; pmartinez@isda.org
Sent: 4/2/01 9:16 AM
Subject: Hedging Regulations Comment Letter

Attached is a revised draft, redlined to show changes made in response
to
helpful comments received from Robert's colleague and to reflect the
discussion at last week's meeting of the Tax Committee.  I will review
the
draft one more time to check citations, etc. and we need to get the
three
exhibits (one from the ISDA office on dealer-members and the other two
illustrating weather and energy derivatives transactions).  I would of
course welcome any additional comments you may have.

In terms of scheduling, as Ruth knows, I will be out of the country the
week
of April 9, but will be here this week and then back in the office on
Monday
April 16.  I will double check, but I think April 23 is the last day for
filing comments with the IRS and requesting an opportunity to testify at
hearings.

Don

 <<#607077 v4 - ISDA Hedging Regs Ltr.doc>>

This e-mail message contains confidential, privileged information
intended
solely for the addressee.  Please do not read, copy, or disseminate it
unless you are the addressee.  If you have received it in error, please
call
us (collect) at (202) 457-6000 and ask to speak with the message sender.
Also, we would appreciate your forwarding the message back to us and
deleting it from your system.  Thank you.

To learn more about our firm, please visit our website at
http://www.pattonboggs.com.
 <<#607077 v4 - ISDA Hedging Regs Ltr.doc>>

 - #607077 v4 - ISDA Hedging Regs Ltr.doc


Welcome to eMail News Delivery, a service from Business Wire.
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BW2003  JAN 23,2002       2:00 PACIFIC      05:00 EASTERN

( BW)(TX-INDUSTRIAL-INFO-RES) King's Hawaiian Bakery Says Aloha to New
Bakery Site, in an Advisory by Industrialinfo.com

    Business Editors & Food Writers

	   HOUSTON--(BUSINESS WIRE)--Jan. 23, 2002--Researched by
Industrialinfo.com (Industrial Information Resources, Incorporated;
Houston, Texas). King's Hawaiian Bakery (Torrance, Calif.), a
privately held company, has broken ground and has begun preparing the
site in Torrance, California for a new $28 million bread bakery.
	   King's Hawaiian has been in Torrance since 1977 but has since
outgrown its existing bakery operation and plans to relocate to the
new and expanded bakery by the end of the year.
	   Under the direction of leading food industry architects and
engineers Webber/Smith Associates (Lancaster, Pa.), the new 130,000
square foot bakery will be outfitted with state-of-the-art automated
baking ovens and packaging equipment and two 6,000 pound per hour
bread baking lines. Products that will be produced at the plant
include King's Hawaiian famous sweet bread and multigrain bread plus
dinner and sweet rolls. The bakery has been in the planning stages for
over two years.
	   In 1955, Robert Tiara founded the company, which had its first
operation in Hilo, Hawaii. Realizing the potential for his round loaf
bread in the states, he built and relocated the company to the
mainland in Torrance, California in 1977 and has been baking bread at
that location ever since. The new plant represents the largest
investment ever made by the company.
	   Industrialinfo.com provides daily news related to the industrial
market place including industry alerts and databases for the energy
and industrial markets. For more information on trends and upcoming
construction activities in the Food & Beverage industry as well as
other industrial sectors send inquiries to
foodandbeveragegroup@industrialinfo.com or visit us at
www.industrialinfo.com.

    --30--AS/na*

    CONTACT: Industrial Information Resources Inc., Houston
             Jay Brunson, 713/783-5147
             www.industrialinfo.com

    KEYWORD: CALIFORNIA PENNSYLVANIA HAWAII
    INDUSTRY KEYWORD: FOODS/BEVERAGES
    SOURCE: Industrial Information Resources Inc.

For the best viewing of the news releases please
 use the following email settings:  Courier 10 point.
 -Notice of Copyright and General Disclaimer-
 (c) 2000 Business Wire. All of the releases provided by Business Wire
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- Notice of Copyright and General Disclaimer --
(c) 1999 Business Wire. All of the releases provided by Business Wire
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accuracy and originality. All reproduction, other than for an
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permission.


Attached please find a revised draft of Schedule IV (formerly Schedule
V) to the Participation Agreement.  Both a clean copy and a copy
blacklined to show the changes from the prior version are attached.

Please feel free to call me with any questions.

~~~~~~~~~~~~~~~~~~~
Sean Bunk
Andrews & Kurth L.L.P.
600 Travis St., Suite 4200
Houston, Texas  77002
Tel.:  713.220.4427
Fax.: 713.238.7252
e-mail: seanbunk@andrews-kurth.com

This e-mail is privileged and confidential and is intended only for the
recipient(s) named above.  If you are not the intended recipient, please
(i) do not read, copy, use or disclose the contents hereof to others
(any of the foregoing being strictly prohibited), (ii) notify the sender
immediately of your receipt hereof, and (iii) delete this e-mail and all
copies of it.

 <<Blackline 597234v4 to v3 (Schedule V).DOC>>  <<Schedule V to
Participation Agreement (TurboPark).DOC>>
 - Blackline 597234v4 to v3 (Schedule V).DOC
 - Schedule V to Participation Agreement (TurboPark).DOC


----- Forwarded by James D Steffes/NA/Enron on 03/15/2001 03:58 PM -----

	Linda Robertson
	03/15/2001 02:53 PM

		 To: Steven J Kean/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, James D
Steffes/NA/Enron@Enron, Janel Guerrero/Corp/Enron@Enron
		 cc:
		 Subject: Senators Dianne Feinstein and Gordon Smith Announce Partnership in
Response to the Western Energy Crisis

Bad development.  We are trying to get Steve an appointment with Smith next
Tuesday.
----- Forwarded by Linda Robertson/NA/Enron on 03/15/2001 03:51 PM -----

	Allison Navin
	03/15/2001 03:46 PM

		 To: Linda Robertson/NA/Enron@ENRON
		 cc:
		 Subject: Senators Dianne Feinstein and Gordon Smith Announce Partnership in
Response to the Western Energy Crisis

Senators Dianne Feinstein and Gordon Smith
Announce Partnership in Response to the Western Energy Crisis
March 15, 2001
Washington, DC - Senators Dianne Feinstein (D-CA) and Gordon Smith (R-OR)
today announced an agreement to introduce bipartisan legislation to restore
stability and reliability to the Western energy market by directing the
Federal Energy Regulatory Commission (FERC) to impose a temporary &just and
reasonable8 wholesale rate cap or cost-of-service based rates.
The legislation will also require the states involved in this effort to pass
on the cost of the electricity to retail customers. However, the states would
be able to determine how and when this would be done. In other words,
California could choose to use tiered-pricing, real-time pricing or set a
baseline rate above which prices would be passed through.
&We now have a piece of legislation that can fix the broken electricity
market and provide a period of reliability and stability in wholesale energy
costs,8 Senator Feinstein said.
&FERC has found the wholesale prices being charged in California to be unjust
and unreasonable. This legislation essentially will mandate that once FERC
makes such a finding, the agency will carry out its regulatory role. This is
a $175 million a year agency. It is there to regulate the energy marketplace,
and it should. What the Federal government can do is to provide a period of
reliability and stability at a time of crisis. Unfortunately FERC has refused
to do so.8
&California,s broken electricity market is a result of a flawed 1996
California law that deregulated wholesale costs, but left in place caps on
retail prices. This was coupled with a requirement that the utilities divest
themselves of their generating capacity and buy most of their electricity on
the spot market, where prices have escalated dramatically. In hindsight all
of this came together in a catastrophic scenario, so that today, California
buys electricity at astronomical prices. We believe that FERC needs to act to
help restore reasonable costs and stability to this marketplace.8
&Additionally, this agreement addresses the escalation of natural gas
transportation costs. Last February, FERC began a two-year experiment to lift
the cap on these costs and since that time we have seen the price of natural
gas climb 400 percent higher in Southern California.8 Senator Feinstein
added.
Specifically, the compromise legislation would accomplish the following goals:
Directs FERC to impose a just and reasonable wholesale rate cap, which can be
load-differentiated based on supply and demand, or cost-of-service-based
rates in the Western energy market (Western Systems Coordinating Council,
including Arizona, California, Colorado, Idaho, Montana, Nevada, New Mexico,
Oregon, Utah, Washington, and Wyoming.)
Addresses the issue of high natural gas transmission costs by reimposing FERC
tariffs for natural gas transportation into California (FERC Order 637) and
requiring natural gas sellers to declare separately the transportation and
commodity components of the bundled rate for gray market transactions.
Stipulates that the wholesale price cap or cost-of-service based rate will
not apply to wholesale sales for delivery in a state that imposes a price
limit on the sale of electric energy at retail that: precludes a regulated
utility from recovering costs under the price cap or on a cost-of service
based rate; or precludes a regulated utility from paying its bills.
Establishes that the rate-making body of a state can determine how and when
the wholesale rates will be passed on to ratepayers, including the setting of
tiered pricing, real time pricing, and baseline rates. (With respect to the
Bonneville Power Administration, BPA will be encouraged to seek to reduce
rate spikes to economically distressed communities, while ensuring costs are
recovered by the end of the next contract period in 2006.)
Directs that after the date of enactment, utilities cannot be ordered to sell
electricity or natural gas into a state without a determination by the
Federal Energy Regulatory Commission that the seller will be paid.
Directs that in the event that a state in the Western energy market does not
meet the criteria described in this agreement, state public utilities
commissions in the Western energy market can ensure that regulated utilities
within their jurisdiction meet demand for electric energy in the utility,s
service area before making sales into any such state.
Establishes that the wholesale rate cap or cost-of-service based rates shall
remain in effect until such time as the market for electric energy in the
western energy market reflects just and reasonable rates, as determined by
the Commission or until March 1, 2003, whichever is earlier.


Please see attached.

Regards,

Aparna Rajaram
ext. 5-4563


Okay..here we go again....hopefully for the last time.

Dan - attached is GRE's comments to the August 7th Transaction Agreement.
I've redlined the changes for your convenience.  They look okay to me.

There is, however, one additional change that is not included.  Essentially,
GRE would like to be able to increase the DCQ and have such increase roll
into the Inside FERC FOM pricing so long as proper notice to ENA is provided
and the increase is consistent across the month.  GRE drafted some language
which conceptually is okay; however, it is poorly worded.  GRE is also
suggesting we place it in the section identified as OTHER:.  I really think
it should be under Contract Price or Daily Contract Quantity. Could you
please wordsmith this business point and place it where you deem
appropriate.  I'll walk up GRE's fax'd language.

Thanks for all the help (and patience).

chris
x31666


So sorry, I thought I had sent out this e-mail on my last day 9-6-00. Instead
I had saved it as a draft. Some of the information is out of date, but useful
for reference.

Interconnection Workshop Report:  The supplemental CEC Draft Committee Report
was issued 9/1/00. The Report will be heard at the CEC on 9/7. We will have
an opportunity to file written comments on the draft report if the issue is
not fully addressed at the hearing.  Written comments must be served on the
99-DIST-GEN(2) service list and received by the Energy Commission by 5:00 pm,
Pacific Daylight Time on September 15, 2000.  No late filings will be
accepted under any circumstances.  For purposes of meeting the deadline,
however, you can e-mail your comments to Scott Tomesheski at
tomashe@energy.state.ca.us by the above-mentioned deadline. We will still
need to file an original and 10 sets of written comments to the Energy
Commission docket office.

The Siting Committee is expected to release a revised report by September
29th.  The full Commission anticipates considering the supplemental
recommendation for approval at its October 18th business meeting.

 Bob Frank has been added to the distribution list.

Interconnection Rules: The interconnection rules do not address Exporting.
They do not prevent Exporting. This is good because modification to the rules
would have to be done by petition to modify the final decision

Interconnection Agreement: We managed to not exclude Exporting from the DG
interconnection Agreement. however, the agreement does not explicitly
address. Exporting. It allows for supplemental agreements to be attached to
the extent that they are under the CPUC jurisdiction. If the CPUC asserts
jurisdiction over the retail wheeling, the agreement will be valid and will
need additional attachments. Modifications to this document can be done by
Advice Letter filing.

Interconnection Application: This document does not include exporting, except
if you are QF and exporting under 100 kW. Once approved, modifications to
this document to this document can be done by Advice Letter filing. We may
want to address this issue in written comments by 9/7. We may also want to
wait how the CPUC rules on retail wheeling and then address the issue.

ISO issues: The ISO will be filling at the FERC metering and scheduling
requirement for DG units - Participating Generators or other. The ISO intends
to file at FERC shortly. I asked Jeanne Sole of the ISO to contact Sue with
the schedule.In short the ISO would like to require that gross Load and
generation be Scheduled by the ISO at the transmission as well as
Distribution level. The ISO intends to require all participating generation
of 1 MW and above and all Generation of 10 MW and above to meter there gross
generation (whether for self consumption or export. They intend to require
telemetric meters, resulting in high installation, purchase and operational
costs. They also intend to apply GMC and TAC on gross generation including
generation for self consumption.


The CAISO will be presenting a training class for the use of the InterSC
Trade of Adjustment Bid templates.

WHERE: CAISO Bldg. 101 -1a
When: July 14th  @ 0900-1500
Continental breakfast  and Lunch will be provided.

Please send your reservation to Tborchardt@caiso.com before 7/7/00

Jim Blatchford
Client Relations
Cal ISO
916.608.7051


Steve:  we have already begun pulling together issues papers on NTIA, NOAA,
trade, etc. but wanted everyone to see the specific questions in order to
solicit additional input from everyone.  thanks.
----- Forwarded by Cynthia Sandherr/Corp/Enron on 01/05/2001 05:54 PM -----

	paul.scolese@bushcheney.gov
	01/05/2001 05:48 PM

		 To: rcole@vsadc.com, metzner@acgrep.com, jcicconi@att.com,
bkilberg@nvtc.org, dhanna@hannacap.com, dvandongen@nawd.org,
lpressler@oconnorhannan.com, gws@clickaction.com, haslamja@pilotcorp.com,
sol@graviton.com, bskladany@akingump.com, fkvamme@kpcb.com,
kmassey@gscapitalvc.com, johnsonp@fleishman.com, keneldred@aol.com,
blafuze@velaw.com, jwatkins@brook.edu, bonnie.hunter@paceco.com,
csandhe@enron.com, rick@rtaassoc.com, jack.faris@nfib.org, egan@emc.com,
fphandyman@aol.com, riuculano@metlife.com, lipsen@cisco.com,
bds02@sprynet.com, fnichols@nam.org, ctgood@udel.edu,
jspeyer@tishmanspeyer.com, rmeyer1@state.wy.us, tom.collamore@pmmc.com,
rlanderson@wms-jen.com, chris.hankin@sun.com, tonyvillamil@aol.com,
wberman@parkstrategies.com, mike.maibach@intel.com, chick82@msn.com,
kirsch006@aol.com, jprboss@aol.com, mdawson@wrf.com,
zenia.mucha@chamber.state.ny.us, gbw@nmrs.com, jkushan@pgfm.com,
brian.dowling@safeway.com, david.crane@autodesk.com,
carol.bartz@autodesk.com, powers@podesta.com, rob_bras@dell.com
		 cc:
		 Subject: Dept. of Commerce Advisory Committee

Dear Advisory Committee Member:

Thank you again for agreeing to serve on the Department of Commerce
Advisory Committee.

As we are in the process of developing transition materials for the U.S.
Department of Commerce, we would be very appreciative if you would consider
responding to the attached questions about the Department of Commerce.
Please feel free to address any additional issues that are not covered in
the questions.

Please send your response (as well as any other policy-related messages) to
me at:  paul.scolese@bushcheney.gov.  I have attached the questions as text
and as a Word format document.

The membership list is currently being finalized.  I will send you a
complete membership list as soon as it is available.

Thank you very much for your help.

Paul Scolese
202/513-7530 - direct
202/513-7540 - fax

       Discussion Question for Transition Advisory Committee Members
                          Department of Commerce

     The Department of Commerce considers broad range of issues in its role
as   the   lead   Department   in  promoting  trade,  economic  growth  and
technological  advancement.  These issues include:  Science and Technology,
Telecommunications,  International  Trade,  Export  Promotion,  Patent  and
Trademarks,   Economic   Development,   Competitiveness,  and  Oceanic  and
Atmospheric  Research.   With  this  information  in  mind, we ask that you
consider the following questions.

1.    Are  there  any critical issues handled by the Department of Commerce
that  you  believe might rise to the Presidential level for decision in the
first year of the new Administration?

2.   If a short list of issues facing the Department of Commerce were being
developed, what issues do you believe should be on that list?

3.    Are there any policy areas that have been neglected at the Department
of Commerce over the past eight years that need to be addressed?

4.    Are  there any management, administrative or organization issues that
need to be addressed?

5.    Are  there  any  significant  administrative  actions (organizational
changes,  executive  orders,  directives,  program letters, rulemakings, or
lawsuits) that should be reviewed early in the new Administration?

6.    Please  provide  any  other  information  on policy or administrative
issues you believe would be helpful.

(See attached file: DOC questions.doc)
 - DOC questions.doc


The Dart data for October 19th has been banked.

---------------------- Forwarded by DRI DBNotes/IN/FIS on 10/22/2001 07:42 AM
---------------------------

From: DRI DBNotes on 10/19/2001 01:29 PM

To:   #FACS/DATA
cc:
Subject:  DELAY IN DART DATA FOR OCTOBER 19TH, 2001

Due to delivery issue from the DART U.K. office there will be a delay in the
DART data for 10/19/01.  We hope to receive the data first thing Monday morning.
The data will be banked as soon as possible.  We apologize for any
inconvenience.  The following instruments are provided by DART:

Cross Currency Basis Spreads
Interest Rate FRA's
Interest Rate Option Volatilies
Interest Rate Swaps
Interest Rate Swaption Volatilities
Zero Coupon Rates


Dan,

Instead of saying that the customer has just 10 days written notice to get
out of the deal, we should add something to this effect - "subject to the
monthly deadline established by Southern California Gas Company for
terminating authorized marketer arrangements."

Let me know if you have any quesitons - 503-464-3826 or cell 503-805-2117.

Thanks,

Kim

Dan J Hyvl
01/08/2001 02:01 PM
To: Kim Ward/HOU/ECT@ECT
cc: Chris H Foster/HOU/ECT@ECT
Subject: Akzo Nobel, Inc. Confirmation Letter

Kim,
 Please review the attached confirmation letter to see if it correctly
reflects your transaction.  Please call if you have any questions.


I thought you would enjoy this.  And I didn't make any comments about being
right about not going to a MEGA university.

---------------------- Forwarded by Kay Mann/Corp/Enron on 10/24/2000 05:53
PM ---------------------------

Paige Record <recordp@southwestern.edu> on 10/24/2000 04:22:58 PM
To: Kay.Mann@enron.com
cc:

Subject: Go Bucs

Hey. I just had a "Thank goodness I go to Southwestern" moment. I was
walking to get help from my professor for my test tomorrow (we ended up in
there for an hour and a half!), and I saw Dr. Parks, a business professor I
have had but do not have right now. He told me that he got a compliment on
me and my tour Friday by one of the prospective students' grandparent's.
Then I was walking upstairs, and I saw a professor I have not had a class
with since FRESHMAN year. She asked how I was, etc... And I told her I was
going to Dr. Early's office for help on Money and Banking. She asked how
the class was going, and I told her it's a ton of work, but it's do-able.
Then she said it's do-able for you, of course. You were always so good (or
something like that). I had her for SOCIOLOGY (not for my major or minor or
anything). So, I just got complimented nicely by two professors that I
don't even have a class with this semester, and then I got outside help for
an hour and a half. Yikes is this place ever awesome! I just thought I
would share.:)

Love,
PMR


My thoughts --

1.	Focus more on Tariff standardization (I think that this is the key issue for Enron because LMP based bid balancing market is almost a done deal - and the Texas market seems to be fine for liquidity).  Build around a new proforma with a NETWORK PLUS model.
2.	I would highlight that size matters - re-double our arguments and documents on natural markets in this filing as attachments.
3.	I would highlight the importance of ending the control area benefits and also strengthen the arguments for no source/sink requirement.
4.	The gas / power industries are different not because the amount of vertical integration (ie, CNG) but because of the geographic reach.  Many LDCs used Columbia p/l, but only one LDC uses AEPs.  The electric market needs transmission to be "rationalized" across the marketplace so moving power to where it's needed from where it's at.
5.	Should we attack the 209 Boards?  Agree that they are unnecessary, but pls be careful.

Thanks,

Jim

 -----Original Message-----
From: 	Novosel, Sarah
Sent:	Monday, October 29, 2001 2:21 PM
To:	Walton, Steve; Roan, Michael; Perrino, Dave; Maurer, Luiz; Hueter, Barbara A.; Landwehr, Susan M.; Hoatson, Tom; Nicolay, Christi L.; Steffes, James D.; Alvarez, Ray; Shelk, John
Cc:	Robertson, Linda; Shapiro, Richard
Subject:	RTO Week Comments

Comments on FERC's RTO Week are due on November 3 (Saturday) so we would like to submit comments by the end of this week.  Some of us have briefly discussed the types of comments we may want to submit on behalf of Enron, and the attached list of "Talking Points" are issues that Christi and I put together for Rick during his Washington meetings last week.  These talking points focus on issues that were raised during RTO Week by panelists that we may want to address -- either because the point made was a good point that we want to highlight, or because the point made was wrong and we want to clarify the record.  We will use the talking points as an outline on issues to raise in our comments.

We also want to state up front in the comments that FERC is on the right track and that FERC has done a lot of analysis and studies to determine that "right sized" RTOs are in the public interest (this is in response to the negative comments made by the state commissioners that FERC is taking action that has not been proven to be beneficial to consumers).  We also want to make the point that RTO creation is not about retail access and does not impact whether or not a state offers retail choice.

Also attached is a link to FERC Staff's notes from RTO Week.  I have not reviewed these notes yet, but we may also want to respond to these notes in our comments using the same criteria as above; i.e., on areas where we feel that the point made was a good point that we want to highlight, or because the point made was wrong and we want to clarify the record.

Please review the Talking Points paper and the Staff Notes, and let me know what you think about this strategy.  I am writing the comments and welcome all help and input.

I hope to keep these comments limited (10 pages or so), so we need to stay focused -- raise the issue, make our point, and move on.

Thanks Everyone

Sarah

 << File: Talking Points from RTO Week.doc >>

 http://www.ferc.gov/Electric/RTO/workshops/staffsummary.pdf


I'm here...

"Cooper, Sean" <CooperS@EPEnergy.com> on 08/29/2000 01:27:32 PM
To:
cc:
Subject: PAB Deleted

My PAB file, or for the non technical among you, my Outlook Personal Address
Book was accidently deleted this week in an upgrade to Windows 2000 NT.
I have restored an old one, but it is several months, if not a whole year
out of date.
This is the first message to confirm the current address I have for you is
still active.
Please reply confirming you recieved it.
A second message will follow to try and replace some of the address's I know
I have lost.
Thanks for your help
Sean.

******************************************************************
This email and any files transmitted with it from El Paso
Energy 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.
******************************************************************


---------------------- Forwarded by Andrea Ring/HOU/ECT on 05/16/2001 03:15 PM ---------------------------

Craig Taylor
05/16/2001 08:18 AM
To:	Andrea Ring/HOU/ECT@ECT
cc:
Subject:	FW: Fw: ouch!!

---------------------- Forwarded by Craig Taylor/HOU/ECT on 05/16/2001 08:18 AM ---------------------------

Craig Taylor
05/14/2001 10:27 AM
To:	lmcmurtry@mdck.com
cc:
Subject:	FW: Fw: ouch!!

---------------------- Forwarded by Craig Taylor/HOU/ECT on 05/14/2001 10:27 AM ---------------------------
From:	Janet H Wallis/ENRON@enronXgate on 05/14/2001 10:14 AM
To:	Craig Taylor/HOU/ECT@ECT
cc:
Subject:	FW: Fw: ouch!!

Thought you would get a "kick" out of this
 -----Original Message-----
From: 	Vuittonet, Laura
Sent:	Friday, May 11, 2001 8:34 AM
To:	Vuittonet, Robert; Presas, Jessica; Hardy, Kimberly; Rangel, Ina; Young, Becky; Quezada, Daniel; Hernandez, Jesus A; Panos, Jason; Wallis, Janet H.
Subject:	FW: Fw: ouch!!


Hi Darla,

Could you please help me out?  Someone from Nicor called me last week and
said we had a discrepancy for September business.  All he said was that there
is a difference of $176,836 that we owe them.

Can you give me a general idea of what the discrepancy is?

Thanks for your help.


---------------------- Forwarded by Darron C Giron/HOU/ECT on 09/11/2000
10:19 AM ---------------------------

"hollyw" <hollyw@email.msn.com> on 08/24/2000 08:14:22 AM
To: "Darron C Giron" <Darron.C.Giron@enron.com>, "Debbie Hall"
<gmind@icsi.net>
cc:
Subject: Fw: THE TRUE OLYMPIC SPIRIT

I say staged.

----- Original Message -----
From: "Warren, Stacy" <swarre02@coair.com>
To: "'Ugly Boo (E-mail)'" <hollyw@email.msn.com>
Sent: Monday, August 14, 2000 4:47 PM
Subject: FW: THE TRUE OLYMPIC SPIRIT

> Excellent!
>
> -----Original Message-----
> From: Wanda Harding [mailto:wharding@redsky.com]
> Sent: Monday, August 14, 2000 4:02 PM
> To: Alan Birchenough (E-mail); Alisa Mayfield Conboy (E-mail); Brian Mann
> (E-mail); Dave Pitschel (E-mail); Hazel Birchenough (E-mail); Heather
> Sullivan (E-mail); Ignacio Martinez (E-mail); Jeff Bishop (E-mail); Jeff
> Draper (E-mail); Jennifer Vodvarka (E-mail); Jim Terando (E-mail); Lori
> Stull (E-mail); Pegi Newhouse (E-mail); Rick Pleczko (E-mail); Warren,
> Stacy; Wes Manning (E-mail); Jeff Harris
> Subject: FW: THE TRUE OLYMPIC SPIRIT
>
>
>
>
>
> Subject:        FW: THE TRUE OLYMPIC SPIRIT
>
> <<sportszeru biciklis.mpg>>
>
>
>
>
>
>

 - sportszeru biciklis.mpg


Hi Lindsay -
You don't have to send me this email anymore.  I am no longer in finance.  Thanks.

 -----Original Message-----
From: 	Long, Lindsay
Sent:	Tuesday, November 06, 2001 9:01 AM
To:	Armstrong, James; Becton, Pam; Cernosek Jr., Frank; Cothran, Robert; Dahanayake, Bernard; Davis, Dana; Eubanks Jr., David W.; Kang, Lisa; King, Lisa; Medrano, Veronica; Miller, Brad; Obey, Rena; Schwertner, Brian
Subject:	Treasury download is complete

		Includes transactions for both 11/2 and 11/5.

				Lindsay