QUESTION: For Dec, we were taking 4679 day from the Egan parking into TGT. Effective 12/16/2000, we moved the remaining balance to Jan 2001. I made the following adjustments to deal 473190, took daily withdrawal volumes to 0 effective 12/16 - 12/31 extended the deal to Jan 2001 changed 1/1/2001 to 2444 changed 1/2/2001 - 1/31/2001 to 2414 This might be a little confusing because we also have withdrawals of about 1500 day in Jan. Also, Egan is showing a different balance than what I have. I show we should have a total balance of 132,247 (4679 x (31-13) plus 48025 ) at the end of gas day 12/13/2000. Egan is showing a balance of 134,302. This just means that we parked more gas than I thought or we cut back on some of our withdrawals on the 1st through the 13th. No big deal, I just want to make sure we don't leave any gas in parking.
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ANS: Egan parking deal

QUESTION: I will be handling the derivatives side of the ETOL transaction this time so future communications should probably come to me directly. I will be reviewing the ISDA draft this weekend and it would be helpful if I could get some sort of description of the overall transaction. Is there a term sheet or executive summary of the deal? If so, my fax # is (713)646-3490.
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ANS: ETOL

QUESTION: Have we suggested to FERC staff that they force the ISO and PX to open the "blackbox" to show how they determine dispatch? In addtion, if you are not on the distribution list for Belden's memo on utility behavior in California this summer, I will forward it to you. It suggests some other areas FERC ought to be looking into.
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ANS:
FERC investigation