We developed this model and moved it into new markets as those markets became available. I want you to explain how Enron uses the Internet to make money. In 1999 we started Enron Online, a Web-based online transaction system where customers in the wholesale markets all around the world can call up our screen. Once they've called up our screen, they're getting a real-time feed of prices of over 1,200 individual products. If they like the price, they can either buy or sell at the price that's posted on that screen.
People have a real simple service.
It allows them to very quickly transact, with great certainty, natural gas, electricity, and a range of other commodities. The customers clearly like it. We've done over 500,000 transactions on that system. It is, by far, the largest Web-based transaction site in the world. That's gas, electricity, and a range of other commodities, but primarily natural gas and electricity.