Hi Dave: Thanks for your note! It's hard to believe that Washington House was over twenty years ago now. I left DC at the end of that summer and went to law school in Michigan. My first job after graduating was for a law firm in Houston. They opened a New York office in the mid 80's and I went there to help out. The office wasn't successful but I loved living in New York so I moved to another firm there and stayed for almost 8 years total. One of those years was spent working in Asia - primarily Indonesia and Hong Kong. I've now moved back to Houston where I am a lawyer with Enron - a large energy company - and focus on derivatives and online trading legal issues. We have offices in several countries around the world which I get to visit periodically. I'm actually writing this from Buenos Aires where I'm helping them get some products ready to trade online. I get back to Washington a couple of times a year to do some lobbying for the company and may actually have been there when you were in town - I think I was there the 11th & 12th. I've stayed in touch with Doc Kieft and Mark Kopinski and get back to M.C. from time to time. Mark lives in New York where he manages a couple of international mutual funds for American Century. I was on the Alumni Board for a few years so got back for their meetings at Homecoming and got to see the people who came back - unfortunately I haven't really stayed in touch very well. There have been a number of changes to the campus since our time so you may be surprised if you haven't been back for a while - of course Woodbine is gone, there's a new theater, a big addition to the gym and several major interior renovations. And I understand there are big plans for more - they are going to close Sixth Street, tear down Gibson and expand the campus a block to the west with at least one new dorm, a big expansion to the sports facilities (indoor track, pool, etc.) and a redesign of the library. Enrollment is up above 1000. Congratulations on your successful career - who would have thought when we got out of school so many years ago that Monmouth grads could do this well! There are doctors, bankers, chemists and lawyers everywhere you look. I guess we really did learn something while we were there. Let me know if you ever get to Texas. It would be fun to get together and catch up. Mark Taylor 1322 Rutland St. Houston, TX 77008 (713)863-7190(home) (713)853-7459(work)
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answer: Hi!
There has been an article the last three days in the Tyler paper believe it or not. Even your Dad broke down and decided maybe he better pay attention and broke his ban on reading the local paper. Would Dynergy be good news? Mom
Answer: news
Here is an email: When: Tuesday, January 22, 2002 2:30 PM-3:00 PM (GMT-06:00) Central Time (US & Canada). Where: EB3941 Denis' office *~*~*~*~*~*~*~*~*~* Please pass the word. I invited the first names that popped into my head.
What is a potential subject line for this email?
A: SURPIRSE - Denis Tu Birthday
IN: This is an email
NGI's Daily Gas Price Index published : October 29, 2001 ALJ Clears Transwestern of Market Power Charges A FERC administrative law judge has found no improprieties, nor evidence of the exercise of market power in negotiated rate contracts between Transwestern Pipeline and two shippers on its system, which resulted in the shippers being charged as much as $27/MMBtu last February, far in excess of the pipeline's allowed transportation rate of 38 cents/MMBtu (RP97-288-009). ALJ Jacob Leventhal had only one fault to find, and that was with Transwestern's method of posting capacity. The judge said, and Transwestern agreed, to modify its tariff "so that all posting, bidding and award procedures are set forth in a separate provision with an appropriate caption" on its Internet bulletin board. Shippers had said that reviewing capacity on the Transwestern web site was "a tortuous process." Indicated Shippers claimed Transwestern's inadequate capacity posting and award procedures did not provide all interested parties with an opportunity to bid for the capacity that was available. While "both Indicated Shippers and (FERC) Staff find it curious that SET (Sempra Energy Trading) and Richardson (Products Co.) were the sole bidders on the contracts awarded to each of them...curiosity does not translate into proof," the judge said. Witnesses in the expedited hearing testified no bids were considered in advance of the capacity posting. The judge subsequently found the capacity was awarded in a manner consistent with Transwestern's tariff. Similarly, Levanthal could find no evidence that Transwestern exercised market power in negotiating the rates with shippers or withholding or threatening to withhold capacity. The capacity was available at recourse rates, and the shippers knew those rates were available. "Staff's arguments really are criticisms of the posting and award procedures, but do not demonstrate the exercise of market power." The two shippers said they made a business decision to propose the "index-to-index" formula that produced the higher rates, rather than take the recourse rate "to minimize any risk on transportation options." The index-to-index formula refers to taking the difference between the daily published commodity prices at two different points and subtracting to get the transportation rate between them. In this case the two points were the San Juan Basin and the SoCal Needles delivery point. The case was set for expedited hearing last summer by the commissioners acting on staff recommendations.

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OUT:
NGI Article on TW Ruling