Q: I read Wednesday's NGPL order (RP00-18-002) as applying only to NGPL due to their unique restrictions and tariff rules. I do not read it as forcing the rest of the industry (i.e., us) to use the floor rate as the reserve price for negotiated index rate bids and ordinary recourse rate bids. I think we can still determine the reserve price on a prearranged deal like the ENA deal based on our good faith valuation of the upside provided by the index mechanism. I.e., on that type of deal, we can determine that the index mechanism is worth "x cents" to us and require a discounted recourse rate bidder to bid more than the floor plus x cents to win. Agreed? Note that NGPL whined that the unique rules they are subject to place them at a competitve disadvantage to the rest of the industry (i.e., us) on this issue. The commission didn't say anything about that, implying to me that the rest of us are still free to do what NGPL cannot do. DF
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A: ENA Deal

Q: Hi Maureen: Could you ask Steve if he will be able to make the 4:30 (CST) with Laura Tyson? I think you 've got the call-in number. Tell him it's not big deal if he can't--I can handle--but if he can, it might be useful for him to be on
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A: 4:30 with Steve

Q: STOCK MARKET BOTTOM CONFIRMED Last week's price rise confirmed a 20-week cycle bottom, seasonal bottom, and 2-year cycle bottom... And prices are likely to drop into a 20-day trading cycle bottom this week, giving you a low-risk opportunity to buy into this market. WHEN WILL THIS CYCLE TOP AND AT WHAT PRICE LEVEL? To view charts and hear an audio file of Walter Bressert's time and price objectives for the next three months...and histime and price levels to buy the upcoming daily trading cycle bottom.
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A: WALTER BRESSERT'S TIME AND PRICE OBJECTIVES FOR THE S&P 500 JUST PUBLISHED TO THE WEBSITE

Q: Attached is a draft of Transwestern's response to the protest filed by the California Public Utility Commission in Docket No. RP97-288-017. Your comments would be greatly appreciated. I have gotten some additional information from Mark on USGT's use of westward capacity, which I haven't had the opportunity to review or incorporate in the attached draft. From what Mark has told me, it further supports the statement in our response that USGT has not made significant use of its westward capacity and that the CUPC's claim that Transwestern is being transformed into a pipeline that is dominated by shippers using negotiated rates is greatly exaggerated. We need to file the response on Wednesday. Therefore, I would appreciate receiving any comments by noon tomorrow. Thanks.
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A:
USGT Negotiated Rate Filing/ Response to CPUC Protest