IN: Funny thing. Right after we'd discussed my company's mark to market accounting in class on Monday, this article showed up on Wednesday. Thought you might be interested. TEXAS JOURNAL --- Energy Traders Cite Gains, But Some Math Is Missing ---- By

Generate a subject line.

OUT: WSJ Article on Enron's Mark to Market Accounting

IN: Tracy and Dan, Steve and I revised the business development slides for Stan's presentation. I'm waiting for Kim Watson to update the TransPecos slide and will forward when complete. Will forward final rendition when completed, probably on Monday.

Generate a subject line.

OUT: 2002 Plan - Business Development Slides

IN: On November 2, 2000, the California PUC issued an Order Instituting Investigation into the adequacy of Sempra's, SoCal's and SDG&E's planning of SoCal's and SDG&E's gas transmission system and what measures should be taken to correct any deficiencies. The parties have been ordered to appear and show cause at a hearing (to be scheduled by the assigned ALJ) demonstrating that: - SDG&E has adequate gas and transmission supply for the 2000/2001 winter heating season, as well as the longer term throughout the year. If such supply is not adequate, SDG&E shall submit plans for obtaining an adequate supply. - SDG&E's gas and transmission supply is adequate to meet anticipated need for gas-fired electric generation. If not, SDG&E shall submit plans for obtaining adequate supply. - SDG&E's gas transmission service is not being adversely affected by interests of its corporate affiliates. - Recently added demands on SDG&E's capacity are not negatively impacting supply for SDG&E's customers, and are otherwise consistent with representations to the Commission. - SDG&E's current gas curtailment rules are just and reasonable; if not, SDG&E shall propose changes. A written response from the three parties on these issues is due on November 22. Other parties may file comments on the response within 10 days after the response is filed. The Commission also ordered SDG&E to evaluate whether an interim, interruptible program, which will provide cost incentives to those customers voluntarily electing interruptible service, is needed this winter. If so, SDG&E must submit a proposal for expedited Commission consideration. The OII represents the Commission's response to an Advice Letter filed by SDG&E requesting emergency review and approval of its proposal to temporarily revise the gas transportation service level elections of its large electric generation customers. The Advice Letter was heavily protested and was withdrawn by SDG&E. In my conversation with Mark Baldwin regarding our pending consulting agreement for monitoring California regulatory matters for Transwestern, I asked him to watch for Sempra's Nov. 22 filing and to advise whether he believes Transwestern should file comments or appear at the hearing that is to be scheduled. I will follow up with Mark, and provide you with a copy of the filing.

Generate a subject line.

OUT: SDG&E OII

IN: Hi Jason, First of all, just want to wish you Joanna a happy thanksgiving. We certainly have a lot to be thankful for. Susan and I are leaving tonight visit her dad. I'm going up to Wisconsin to visit Mimi in two weeks. She still sound very tired.

Generate a subject line.

OUT:
Happy Thanksgiving