Q: The Egan storage contract expires on August 31,200. This is an evergreen contract which will automatically renew for 12 months unless either party gives 90 day written notice to end the contract. I believe it will probably be one of you three looking at this. Which one of you is it? I left a copy of the contract on Susan's desk. Susan, you can toss this.
Propose a subject line
A: Egan Storage
IN: Attached is the link that will give you view access to the Financial Trading Agreement Database. View access is available to all Enron employees, so you can pass this link on to other members of your department or your dealmakers. Link -->

Generate a subject line.

OUT: Trading Database Link
IN: This is an email
On the list for 9/19/00: 1. On the counterparty styled "United States Department of Interior" only, Leslie is not permitting them to trade power, however, she will give them read access. 2. Public Service Electric & Gas Co. - My notes show I already opened them for financial power On the list for 9/21/00: I am OK for shutting Aquila Energy Marketing Corporation down for financial, since they are now trading financial out of Utilicorp. However, I didn't want to put "X's" in all those darn boxes, so I hope by my note only it will do the job. I am also preparing an assignment of the online trades that I will send to the Confirm Desk when it is executed.

What is the subject?

OUT: Counterparty Approval Lists for 9/19/00, 9/20/00 and 9/21/00
QUESTION: Collateral Arrangements. Counterparty shall (at Enron=01,s request) either:= (i)=20 within one Business Day of such request by Enron, provide to Enron a letter= =20 of credit in respect of Counterparty's obligations under any Transaction, i= n=20 such form and for such amount and from such issuer, as is acceptable to Enr= on=20 in its absolute discretion; or (ii) within such period as is specified by= =20 Enron, provide for the benefit of Enron a parent company guarantee in such= =20 form and for such amount as is acceptable to Enron in its absolute=20 discretion. Failure so to provide such letter of credit or parent company= =20 guaranty shall constitute a default hereunder giving rise to the immediate= =20 right of termination by Enron under this GTC.
Propose a subject line for this email?
ANS: Credit Language
Per conv. a minute ago with Marcus, Christi Nicolay in the Regulatory Group just checked and Ontario Power Generation does not have a FERC marketing license. That leaves them to buying US power only (both east & west OK). Please make this change immediately. Thanks!
Q: What is a potential subject line for this email?
answer: Ontario Power Generation
California: I99-07-003 SoCalGas Unbundling. In addtion to the Southern California Generation Coalition (SCGC), the National Energy Marketers Association has also filed a Request for Rehearing of the unbundling decision. Filing protests of the Implementation Plan this week were Indicated Producers, TURN, Dynegy, the City & County of San Francisco and SCGC. I00-11-002 Adequacy of SoCalGas System. A number of parties filed comments on the impact of the unbundling decision on this proceeding. All were in agreement that the CSA has created a system of unbundled, firm and tradable backbone transmission rights on the SoCalGas system and establishes the procedures for allocation of those rights therefore the capacity allocation proposals in the capacity OII are moot. Arizona: Legislature - Gov. Jane Hull has advised lawmakers to either kill a scheduled 5% pay raise for the 50,000 state employees taking effect on April 1, 2002, or risk laying off 2600 employees. With a 13 percent drop in withholding taxes, the states current revenue deficit is expected to be in the $200 to 250 million range. Canceling the pay increases would save $24,000 in the current fiscal year and $100,000 next year. Democrats are trying to save the raises, while the majority Republicans are supporting the proposal and threatening to shutdown the session by Feb. 15th if legislators don't face up to the budget problems and solve them. New Mexico: Legislature - Identical House Bill 423 and Senate Bill 369 were introduced this week to fund ($75,000) an update of the 1996 study regarding the economic feasibility of additional natural gas pipeline systems. The 1996 study found a lack of capacity to move gas east especially from the Northwestern portion of the state. If the bill is passed, a committee is to provide the results of the study and recommendations to the governor and legislature by December 15, 2002 for consideration in the next legislative session. House Bill 230 provides for an expanded definition of "Indian Country" to include lands subject to "restriction by the United States against alienation" (i.e. lands held in fee by a tribe). As proposed, the new definition would go beyond the current federal definition of "Indian Country". The State Highway and Transportation Dept. Office of General Council has pointed out that if the proposed state law conflicts with federal law, then the federal law will take precedent. This has been forwarded to Lou Saldano for review.
Q: What is a potential subject line for this email?
answer:
Weekly Report of 2/8/02