```
 
 
NATURAL GAS ICE HENRY HUB - ICE OTC                                  Code-023391
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/27/11          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:    4,767,926
COMMITMENTS
 472,248  410,631  1443256  2765766  2824034  4681270  4677921   86,656   90,005

CHANGES FROM 12/20/11 (CHANGE IN OPEN INTEREST:     -8,252)
  25,612    8,374   -9,353   -8,597    5,975    7,662    4,996  -15,914  -13,248

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     9.9      8.6     30.3     58.0     59.2     98.2     98.1      1.8      1.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      221)
      35       31       62      140      132      205      198
 
 
SOCAL BORDER FIN BASIS - ICE OTC                                     Code-023393
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/27/11          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:      324,208
COMMITMENTS
  12,228   23,924    9,889  289,249  283,299  311,366  317,112   12,842    7,096

CHANGES FROM 12/20/11 (CHANGE IN OPEN INTEREST:        178)
    -650     -146    2,036   -1,571   -2,552     -185     -662      363      840

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     3.8      7.4      3.1     89.2     87.4     96.0     97.8      4.0      2.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       51)
       7        1        6       38       37       46       43
 
 
PG&E CITYGATE FIN BASIS - ICE OTC                                    Code-023394
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/27/11          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:      168,180
COMMITMENTS
   2,096        0    6,029  153,754  160,359  161,879  166,388    6,301    1,792

CHANGES FROM 12/20/11 (CHANGE IN OPEN INTEREST:      3,570)
   1,745        0      549      954    2,730    3,248    3,279      322      291

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     1.2      0.0      3.6     91.4     95.3     96.3     98.9      3.7      1.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       45)
       2        0        2       35       41       37       43
 
 
NWP ROCKIES FIN BASIS - ICE OTC                                      Code-023395
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/27/11          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:      321,844
COMMITMENTS
   5,764   27,973    2,276  307,974  283,324  316,014  313,573    5,830    8,271

CHANGES FROM 12/20/11 (CHANGE IN OPEN INTEREST:      2,245)
     428     -704      155    1,090     -280    1,673     -829      572    3,074

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     1.8      8.7      0.7     95.7     88.0     98.2     97.4      1.8      2.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       45)
       1        4        5       35       33       40       38
 
 
AECO FIN BASIS - ICE OTC                                             Code-023396
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/27/11          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:      806,089
COMMITMENTS
     651   35,276   20,632  782,189  747,590  803,472  803,498    2,617    2,591

CHANGES FROM 12/20/11 (CHANGE IN OPEN INTEREST:      9,792)
       0    8,492   -1,546   11,249    3,214    9,703   10,160       89     -368

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     0.1      4.4      2.6     97.0     92.7     99.7     99.7      0.3      0.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       67)
       1        5        5       55       47       61       52
 
 
CHICAGO FIN BASIS - ICE OTC                                          Code-023397
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/27/11          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:      236,141
COMMITMENTS
   8,590   18,319    5,120  215,946  206,468  229,656  229,907    6,485    6,234

CHANGES FROM 12/20/11 (CHANGE IN OPEN INTEREST:      4,316)
    -868   -1,364      443    7,665    4,381    7,240    3,460   -2,924      856

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     3.6      7.8      2.2     91.4     87.4     97.3     97.4      2.7      2.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       49)
       2        1        2       40       36       42       39
 
 
HSC FIN BASIS - ICE OTC                                              Code-023398
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/27/11          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:      390,244
COMMITMENTS
   9,027       91   17,726  356,327  365,614  383,080  383,431    7,164    6,813

CHANGES FROM 12/20/11 (CHANGE IN OPEN INTEREST:     -6,277)
    -871       70     -557   -1,804   -6,100   -3,232   -6,587   -3,045      310

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     2.3      0.0      4.5     91.3     93.7     98.2     98.3      1.8      1.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       59)
       6        1        6       43       41       50       47
 
 
WAHA FIN BASIS - ICE OTC                                             Code-023399
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/27/11          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:      173,366
COMMITMENTS
   5,365    8,246    8,758  156,455  147,221  170,578  164,225    2,788    9,141

CHANGES FROM 12/20/11 (CHANGE IN OPEN INTEREST:      3,092)
  -1,191      242      675    3,676    2,268    3,160    3,185      -68      -93

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     3.1      4.8      5.1     90.2     84.9     98.4     94.7      1.6      5.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       39)
       3        2        3       26       29       29       34
```

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Updated December 30, 2011