This is the content of an email: Two questions: 1. How do we fight the notion that a FERC retroactive determination of "just and reasonable rates" should be re-injected into the calculation of negative CTCs? It seems to me that there are at least equitable arguments against that. Will this be a CPUC or FERC issue? 2. Can we use the utilities' underscheduling to push them back on this, legally or in negotiations? Since they contributed to the market disfunction, shouldn't they have to live with the consequences?

Subject: Negative CTC Issues

This is the content of an email: Below is a link to the Proposed Decision by Com. Bilas on the Gas Industry Restructuring proceeding that has been lingering on the agenda for most of the year. This was just issued late last week and published today. I'm still in the process of reviewing it but the good news is that he is proposing the adoption of the Comprehensive Settlement which Transwestern helped design and supported along with most other participants. The decision does however make some modifications which may not be in our best interest i.e. the adoption of a price cap for secondary market transactions. Due to the lapse in time on this proceeding, Com. Bilas has granted participants the right to file comments by Friday, October 19, 2001. Please review and advise if you agree we should file comments (I also have a call into Mark Baldwin). Note this is 140+ pages--you may wish to review the summary and pertinent sections.

Subject: GIR Proceeding--I99-07-003

This is the content of an email: Any word from Bridgeline regarding their (i) level of interest/ability to purchase the pad gas in Caverns #13 and #14 and/or (ii) willingness to pay the lease payment for Q4 directly to Dow? Please advise. Stuart

Subject: Bridgeline

This is the content of an email: Dear Susan What's happening now? It's all over the international news that Enron will not make it. what are they saying to the employees? Thinking about you! connie **********************************************************************
Subject: r u there today?