Subject: "Pacs".

Body: Here's what I sent to Rusty on Wednesday. It seemed like an option didn't quite fit, since PACS doesn't have anything to option, strictly speaking. Kay

Subject: "Red Cedar".

Body: I regret to report that I just ended a very unproductive phone conversation with Mr. Hertzberg. He thanked us for all our cooperation but politely declined to give me any information on what authority he was relying on to conclude that there is a jurisdictional problem. However, it sounded to me like whatever authority he does have is shaky at best. He also sounded interested in the possibility of our making some sort of anonymous inquiry at FERC (if such a thing is possible) on the issue. Obviously they are very leery of making that phone call themselves and risking revealing their identity. He said he would discuss it with Ed Meaders. Also, he mentioned that after tomorrow he will be on vacation for a month, and another attorney will be taking over in his absence. That could be good, or it could be bad. Maybe Lorraine can sweet talk Meaders into at least citing us some cases from Hertzberg's memo. At the very least, I hope he will show it to the Kinder Morgan lawyers.

Subject: "Terminal Server".

Body: If your TERMINAL SERVER H: drive is located in Houston, Please let me know ASAP. You will know if it is by signing on to a terminal Server session and then double clicking on My Computer and then select the H: Drive. If it says anything like nahou then you are located in Houston. If it says napdx then you are located in Portland. The only ones I need to know about is if you are located in Houston. Thank you for your time. Michael Tully Application Support, Portland (503)464-7790 Desk (503)807-7862 michael.tully@enron.com

Subject: "Gas Indices".

Body:
= = = = = = = = = = = = = = = = = = IntercontinentalExchange = = = = = = = = = =20 = = = = = = = = = Firm Physical Natural Gas Price Bulletin = = = = = = = = = =20 = = = = = = = = = For Natural Gas Delivered on Saturday, December 01, 200= 1 thru Monday, December 03, 2001 = = = = = = = = = = = = = = = = = =20 = = = = = = = = = = = = = = = = = = (Trade Date of Friday, November 30, 200= 1) = = = = = = = = = = = = = = = = = = = = = = = = = = = =20 Click here to access index history . = = = = = = = =20 = = = = = = = = = = = = = = = = = = * volume represents sell-side only * = = = = = = = = = = = = = = = = = = = = = = = = = = = = =20 Region Hub=09High=09Low=09Wtd Avg Index=09Change ($)=09Vol (mmBtu)=09Hu= b Name=09 LOUISIANA =09=09=09=09=09=09=09 ANR SE=09 $2.1700=09 $1.4550=09 $1.6861=09- = .4444=09 512,700=09American Natural Resources Pipeline Co. - SE = Transmission Pool=09 Columbia Onshore=09 $2.2200=09 $1.3800=09 $1= .8182=09- .3434=09 611,400=09Columbia Gulf Transmission Co. - On= shore Pool =09 Henry Hub=09 $2.2400=09 $1.4550=09 $1.7772= =09- .4294=09 2,408,400=09Henry Hub tailgate - Louisiana =09 NGPL LA=09 $2.1850=09 $1.4450=09 $1.7880=09-= .3628=09 857,400=09Natural Gas Pipeline Co. of America, Louisia= na Pool =09 Tenn 500L=09 $2.0500=09 $1.3600=09 $1.6897= =09- .3909=09 439,200=09Tennessee Gas Pipeline Co.-Zone L, 500 L= eg Pool =09 Tenn 800L=09 $1.9600=09 $1.3600=09 $1.6404= =09- .4569=09 642,600=09Tennessee Gas Pipeline Co.-Zone L, 800 L= eg Pool =09 TETCO ELA=09 $2.1200=09 $1.4050=09 $1.5377= =09- .5804=09 758,400=09Texas Eastern - East LA =09 TETCO WLA=09 $2.1275=09 $1.4400=09 $1.6767= =09- .4363=09 351,900=09Texas Eastern - West LA =09 Transco 65=09 $2.1500=09 $1.2625=09 $1.4422= =09- .7026=09 667,200=09Transco - Station 65 =09 Trunkline ELA=09 $2.1200=09 $1.4600=09 $1.59= 63=09- .5699=09 304,200=09Trunkline Gas Company - East Louisiana= Pool =09 TxGas SL=09 $2.2350=09 $1.4500=09 $1.8697=09= - .2844=09 388,800=09Texas Gas Transmission Corp.-Zone SL FT Poo= l =09 MIDCONTINENT =09=09=09=09=09=09=09 MichCon, citygate=09 $2.1950=09 $1.6500=09 $= 1.8548=09- .5539=09 561,000=09Michigan Consolidated =09 NGPL Midcont=09 $2.0000=09 $1.3850=09 $1.676= 9=09- .5471=09 443,700=09Natural Gas Pipeline Co. of America, Mi= d-Continent Pool =09 NGPL Nicor, citygate=09 $2.2800=09 $1.5300=09 = $1.8238=09- .5164=09 1,996,200=09Natural Gas Pipeline Co. of Ame= rica, Nicor Citygate=09 NGPL NIPSCO, citygate=09 $2.2500=09 $1.5700=09 = $1.9588=09- .3889=09 203,700=09Natural Gas Pipeline Co. of Am= erica, Nipsco Citygate=09 NNG Demarcation=09 $2.2500=09 $1.5500=09 $1.= 8897=09- .4236=09 567,000=09Northern Natural Gas, Demarcation Po= ol =09 NORTHEAST =09=09=09=09=09=09=09 Columbia TCO=09 $2.3500=09 $1.5000=09 $1.959= 8=09- .3519=09 939,000=09Columbia Gas Co. - TCO Pool =09 Dominion So.Point=09 $2.1500=09 $1.4500=09 $= 1.6484=09- .5296=09 927,300=09Dominion - South Point =09 TETCO M3=09 $2.8000=09 $1.6400=09 $1.9320=09= - .4320=09 766,500=09Texas Eastern - M3 Zone =09 Transco Z-6 (NY)=09 $2.5000=09 $1.7500=09 $2= .0432=09- .5982=09 450,000=09Transcontinental Gas Pipe Line Corp= . - Zone 6 (NY)=09 WEST =09=09=09=09=09=09=09 El Paso non-Bondad=09 $1.9000=09 $1.4000=09 = $1.5980=09- .7579=09 351,000=09El Paso - San Juan Basin, Blanco = Pool=09 Huntingdon/Sumas=09 $2.2000=09 $1.9000=09 $2= .0241=09- .5807=09 363,600=09Westcoast Energy & Northwest Pipeli= ne Corp.=09 Opal=09 $1.8500=09 $1.4500=09 $1.5756=09- = .5166=09 336,300=09Opal=09 PG?Citygate=09 $2.6600=09 $2.1200=09 $2.4220= =09- .4127=09 375,000=09PG?- Citygate =09 SoCal Border=09 $2.6000=09 $1.9000=09 $2.148= 2=09- .4160=09 249,000=09Southern California Border Points (Ehre= nberg,Topock,Needles)=09 WEST TEXAS =09=09=09=09=09=09=09 El Paso - Keystone=09 $2.2000=09 $1.6000=09 = $1.8572=09- .4949=09 1,046,700=09El Paso - Keystone Pool=09 Waha=09 $2.1200=09 $1.5900=09 $1.8637=09- = .4536=09 1,185,000=09Waha Hub - West Texas =09 = = = = = = = = = = = = = = = = = = Includes all firm physical fixed price t= rades done from 7 AM to 11:30 AM Central Prevailing Time on the trade date = specified for natural gas delivered on the specified date(s). = = = = = = = = = = = = = = = = = =20 = = = = = = = = = IntercontinentalExchange is the world's most liquid = trading platform for over-the-counter energy and metals. Active markets in= clude North American power and natural gas, global crude and refined oil pr= oducts, and precious metals. Traded instruments include forwards, swaps, a= nd options. = = = = = =20 In order to receive the proprietary information contained in this email, yo= u acknowledge and agree that you shall not further disseminate the Intercon= tinentalExchange Market Data contained herein to any person or entity witho= ut the express written consent of IntercontinentalExchange. Furthermore,= you acknowledge that (1) IntercontinentalExchange has exclusive and valuab= le property rights in this data; (2) IntercontinentalExchange's data is bei= ng made available to you only for your own business or personal activities;= and (3) you cannot communicate the data, in any form, to any other person = or entity without the express written consent of IntercontinentalExchange. = =20 This data is provided to you free of charge. IntercontinentalExchange rese= rves the right to cancel this service at any time for any reason or no reas= on at all. = = = = = = = =20 You agree that IntercontinentalExchange does not make any representations o= r warranties, express or implied, with respect to the data. = = = = = = = = =20 To become an Exchange Participant or inquire about the indices, please cont= act sales@intcx.com . = = = = = = = =20 To unsubscribe from this service, click here unsubscribe . = = = = = = = = = = = = = = = = = = =20 = = = = = = = = = = = = = = = = = = ?Copyright IntercontinentalExchange, Inc. 20= 01, All Rights Reserved. = = = = = = = = = = = = = = = = =