Just wanted to give you guys a reminder when it comes to new deals out of our traders notebooks. Please check each morning when you copy the new deals for the current day that you verify the prior day's last deal was entered. It is very easy to miss a deal the trader does after four and the trader's do not always remind us that they did a deal late. I spoke with hunter this morning and he wants these mistakes to stop. This doesn't happen often, put it is very easy to miss these types of deals in the future. Thanks for your help. PL
Answer: new deals for our traders
Could each of you get me by next Friday( May 18,2001) a list of the top 5 priorities for each of your respective areas....and, if, possible, a consensus document reflecting the top 8-10 priorities for the entire group? A brief description of each of the priorities would be appreciated with an attempt to quantify, where possible, the value associated with each of the priorities( either value potentially created or loss of value avoided). Thanks.
Answer: European Priorities
Transwestern's average deliveries to California were 1118 MMBtu/d (100%) with San Juan lateral throughput at 812 MMBtu/d and Rio Puerco at 75 MMBtu/d. Total east deliveries averaged 291 MMBtu/d. El Paso's average deliveries to California were 2355 MMBtu/d (80%) : - PG&ETop (capacity 1140 MMBtu/d) deliveries averaged 666 MMBtu/d (58%) - SoCalEhr (capacity 1248 MMBtu/d) deliveries averaged 1191 MMBtu/d (95%) - SoCalTop (capacity 541 MMBtu/d) deliveries averaged 498 MMBtu/d (92%) Friday posted Gas Daily prices: SoCal gas, large pkgs 15.35 PG&E, large pkgs 14.25 TW San Juan 5.82 TW Permian 5.985 Friday Enron Online bases: Mar Apr-Jun Jul-Sep Oct Perm-CA 4.47 2.26 3.31 2.16 SJ - CA 4.79 2.72 3.78 2.64 SJ-Waha .24 .44 .45 .46 Perm-Waha .085 .015 .015 .015
Answer: California Capacity Report for Week of 1/29-2/02:
FYI. Just got a call from Jan Smutney-Jones. Apparently, word is on the street that Peace intends to begin targeting Enron as an example of the "misconduct" that Peace alleges has occured in California's markets. Smutney thinks Peace may be keying off the comments of the "unnamed" trader in the Dow article claiming that Enron's been buying power and holding on to it. Apparently Peace's other angle is/will be: "The same people who colluded in the design of this market are now colluding to profit unfairly from it." No idea of when and how Peace might launch any attacks. Two immediate thoughts: Apart from the bad reporting in the Dow article, that article shows that Enron got beat by, among others, two federal (Canada and the US), one state (SRP) and one municipal (LADWP) government. David Freeman, who now heads up LADWP, was appointed "Czar" by the State of California and charged with the task of implementing Steve Peace's brain child (AB 1890). Freeman set up the ISO and PX market structures. He also set up the Governing Boards.
Answer:
Peace Targetting Market Players