IN: This is an email
On Thursday last week the Commission eliminated the old "Texas Eastern" rule that required pipelines to obtain prior FERC approval before contracting for transportation and storage capacity on upstream or downstream pipelines. The new rule allows pipelines to acquire and use such capacity without going to FERC first. The rule does reiterate that bundled sales of gas are still prohibited, and further provides that the acquiring pipeline will be financially at risk for the costs of the acquired capacity. Interestingly, the acquiring pipeline apparently has the option of selling the acquired capacity under its own rate schedules or of releasing the capacity pursuant to its capacity release program. The order is silent on whether the price cap applies to short term releases of acquired capacity. While we are still reviewing the order and may provide additional guidance at a later time, I'd emphasize for now that our normal contract approval procedures and authority thresholds should be deemed to apply to capacity contracts. For example, the "Approval Authorization for Cash Expenditures" dated Feb. 3, 2000 provides Dave and Steve with authority up to $250,000 on operating expense obligations. Please contact me if you have any questions on this matter. DF

What is the subject?

OUT: Upstream Capacity

IN: This is an email
I am still getting the chill and it's getting really old. I've tried to enter into the conversations, make a comment or interact, and I just get frozen out. It's going to be a long walk over there to help her out. In 2 weeks, I'm all she's got.

What is the subject?

OUT: It's getting old

IN: This is an email
I'd like to enroll in the Enron Savings Plan program; however, when I was navigating through the savings plan website, I started wondering if the retirement plan and the self-directed brokerage account are the same thing. I think you probably have some information regarding these plans. Could I borrow that later this afternoon, or even better, sit down with you for a minute to clarify which plans I am eligible to enroll in and when? Thanks in advance for your time. Kate

What is the subject?

OUT:
Savings Plan v. 401K