Q: When will the buybacks and swings be set up for July? I am a little concerned with the long weekend coming up. I believe that we agreed that these would be set up by the 3rd work day, which would be Friday the 7th. (Six days of flow.) I definitely don't think that we should any later. It would be great if this could be handled sooner, miimizing our economic impact. Additionally, we need to get the Industrial spreadsheet up and running again. This report is very beneficial to Gas Control, industrial traders and schedulers on call. Let me know what you think. D
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A: Industrials

Q: As a follow-up to our call. Here is some additional information regarding QF pricing issues. QFs who voluntarily switched to PX pricing have been getting paid full PX prices (and there seem to be a couple of thousand MWs that have switched. The concern is that the Commission's ultimate decision on PX-based QF prices will force the QFs that have switched to "refund" some of the payments they've received (e.g., under a "PX minus" mechanism). The majority of QFs are happy with the judge's proposed decision pending before the PUC (except those remotely located QFs who will take a big GMM hit). As we discussed, the Commission strongly rejected Edison's emergency motion regarding the gas piece of the QF pricing formula. Recall also that a couple of months ago
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A: Recent Info on QF Pricing-related Issues

Q: Gerald, Attached is the most recent version of the Crestone term sheet. As Chris mentioned in the conference call with you earlier today, he would like to put some binding language into the term sheet. Please let me know when I can come up and discuss this with you. Thanks for your help.
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A: Crestone Term Sheet

Q: Steve: Just wanted to let you know that Bill is running for an open position on the Cy-Fair School Board. The election is Saturday May 6th at Emmott but early voting takes place tomorrow from 8-12 at the instructional Support Building on Jones Road. If you and Julie are planning on voting and are undecided, I hope to solicit your support. His opponent is Don Ryan. Carol
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A:
School Board Election