Jeff - I'm told by our core procurement people that Enron has refused to enter into any term gas contracts for this winter because of problems they have with us on the electric side. Personally, that makes no sense to me. We have the PUC's security order that guarantees payment and Judge Montali has made it clear that he will approve the payment on all gas contracts. It seems to me that if this is true, Enron is really screwing itself - which is no the way Enron typically does business. Can you check with your people ? We are now in the process of finalizing our needs for the winter.
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Enron Sales to Core Procurement