Since the 311 belt/suspenders approach didn't quite fit, I've had to try to convince Mr. Hertzberg that he ought to rely on the NGA Sec. 1 exemption for gatherers (Frank Kelly and Frazier concur with us on this, by the way). He is not convinced yet, although he is unable to cite any authority for his proposition that being a shipper on TW would subject a gathering company to FERC jurisdiction. I pointed out that Agave, the owner and operator of an extensive gathering system that interconnects with TW's system, has for many years been a shipper on TW. Also, Lindy has found that Red Cedar already has a long-term transportation contract on another interstate system, Transcolorado, so if Hertzberg's theory is right they are going to jail anyway! Red Cedar also seems to be hung up on our requirement that shippers have title to the gas they ship. At this point Lorraine and I believe they might just be looking for any excuse to get out of the deal. If anything interesting happens I'll let you know.
Q: What is a potential subject line for this email?
answer: Red Cedar update
As an FYI for those not already in the loop, new factors for VaR have not been implemented since some time in April, and it seems the process of administering them is foggy. So here is an outline of the R&R and required technology to support the administration of factor loadings: Broadly, I have assumed that Global Risk Ops can run the process. However, exceptions can take one of two forms: Large jumps in VaR due to bona fide changes in correlations; Pathologies in the matrix construct supporting factors; For either, tools are required for users to examine the exceptions and make changes as necessary (generally Global ops in the former case and RAC/Research in the latter). Note that the IT Development group has no part in this business process beyond building the tools. Lets use this as the starting point to develop a business model that makes this work. Rgds DP
Q: What is a potential subject line for this email?
answer: Factor Loadings Process
With ECS (Enron Center South) rapidly approaching completion, Enron is forced to change the numbering scheme on the existing Stentofon system. To increase our capacity to support this expansion, we must increase the number of valid Stentofon address numbers. Enron currently uses 100, 200, 300, 400, 500, 600 and 900 series numbers for the addresses. In order to add more addresses to the system, Enron will be converting the dial plan from a three digit dialing system to a four digit dialing scheme on the Stentofon system. This conversion is scheduled to occur on the weekend of May 18th. In efforts to minimize confusion, we will convert all Stentofon addresses in EB1 to a 4000 series number. (i.e. If your Stento number was 364, then your new number will be 4364.) We will also change all speed dials to reflect the new dialing scheme. Thank you for your understanding and cooperation. Regards,
Q: What is a potential subject line for this email?
answer: Forward: Broadcast Message - Trading Floor Stentofons
We sold the National Fuel back to the Canadian desk for June at NX1 + $.235. The volume is 9189 per day, deal ticket 782980. Kimat, please forward to the Canadian Book Admin.
Q: What is a potential subject line for this email?
answer:
National Fuel for June