On Thursday last week the Commission eliminated the old "Texas Eastern" rule that required pipelines to obtain prior FERC approval before contracting for transportation and storage capacity on upstream or downstream pipelines. The new rule allows pipelines to acquire and use such capacity without going to FERC first. The rule does reiterate that bundled sales of gas are still prohibited, and further provides that the acquiring pipeline will be financially at risk for the costs of the acquired capacity. Interestingly, the acquiring pipeline apparently has the option of selling the acquired capacity under its own rate schedules or of releasing the capacity pursuant to its capacity release program. The order is silent on whether the price cap applies to short term releases of acquired capacity. While we are still reviewing the order and may provide additional guidance at a later time, I'd emphasize for now that our normal contract approval procedures and authority thresholds should be deemed to apply to capacity contracts. For example, the "Approval Authorization for Cash Expenditures" dated Feb. 3, 2000 provides Dave and Steve with authority up to $250,000 on operating expense obligations. Please contact me if you have any questions on this matter. DF
Q: What is a potential subject line for this email?
answer: Upstream Capacity
Open Enrollment for your 2002 Health Benefits begins Monday, October 29, 2001! Q. WHAT DOES THIS MEAN? A. If you plan to make changes to your existing benefit coverage, you will need to make changes during Open Enrollment which begins Monday, October 29, 2001 at 8:00 AM (Central) and ends on November 12, 2001 at 5:00 PM (Central) To facilitate these changes, you received an Open Enrollment Benefit Packet at your home address. This packet contains a personalized worksheet and the Enron Instruction Guide to help you make your selections. (If you have not received your Info Packet, please let us know ASAP! ) Q. WHAT DO I NEED TO DO? 1. If you are satisfied with your current elections and do not need to make changes, do nothing. Your current choices will automatically roll over to 2002. 2. If you plan to make changes to your coverage, you will need to either access the Intranet website at work: benefits.enron.com or at home at www.Enron.BenefitsNow.com or call the Phone Enrollment Line at (800) 332-7979, Option 5. Q. I HAVE MORE QUESTIONS. I NEED MORE INFORMATION. A. If you have more questions or need more information, you may attend our Open Enrollment "Brown Bag" Info Session being held on Friday, October 26 @ 11:30 PM in the Mt Hood Conference Room. See you then! EWS Portland HR Office Julie Kearney x7404 Grace Rodriguez x8321
Q: What is a potential subject line for this email?
answer: Open Enrollment for Benefits
Jason, The following reductions will be deducted from Peoples daily SIQ purchase of 125,000 MMBtu/day. For the 19th, our Transportation Services area reports that Peoples was cut by 1,158 MMBtu (780 @ TTP and 378 @ Border Will County to ANR Contract 104684). Here is a revised breakdown of the 19th: PGL Baseload 103,081 PGL SIQ 123,842 (125,000 minus 1,158) PGL DIQ 0 Revised Total Purchase 226,923 Peoples @ North Shore (10,050) Revised Will County ( 39,622) Upstream Volume 177,251 Sell Back to Enron (50,000) @ Gas Daily minus $.01 Enron @ TTP Net 127,251 For the 20th, Peoples was cut by 2,025 MMBtu (1,272 @ TTP and 753 @ Border Will County to ANR Contract 104684). The 20th should now look like the following: PGL Baseload 103,081 PGL SIQ 122,975 (125,000 minus 2,025) PGL DIQ 0 Revised Total Purchase 226,056 Peoples @ North Shore (10,050) Revised Will County ( 39,247) Upstream Volume 176,759 Sell Back to Enron (50,000) @ Gas Daily minus $.01 Enron @ TTP Net 126,759 For the 21st, Peoples was cut by 96 MMBtu (62 @ TTP and 34 @ Border Will County to ANR Contract 104684). The 21st should now look like the following: PGL Baseload 103,081 PGL SIQ 124,904 (125,000 minus 96) PGL DIQ 0 Revised Total Purchase 227,985 Peoples @ North Shore (10,050) Revised Will County ( 39,966) Upstream Volume 177,969 Sell Back to Enron (50,000) @ Gas Daily minus $.01 Enron @ TTP Net 127,969 Call me if you have questions. Jer
Q: What is a potential subject line for this email?
answer: Final cuts regarding gas days May 19th thru May 21st
Professor Titman: I would like to thank you for taking the time to recommend me to the MBA Program. In the end, the results were not favorable. I understand that it is a competitive process, but I felt that with my work experiences, recommendations, extrcurricular activities, etc., that this would help my chances and possibly compensate my disability. After talking with you and Professors Ronn, Brown and Jemison, I was sure that UT was the right place to continue learning about energy-finance. I am still sure that UT is the place for getting an excellent graduate-level education, so I want you to know that I am going to do what ever it takes to get in next year. I plan on taking a couple of graduate level finance courses at the University of Houston this Summer and Fall to demonstrate to the Admissions office that I can compete at this level. I also plan on trying to retake the GMAT test. Due to my disability, this will be a monumental task, but I am determined to prove to the Admissions committment that I can do the work at The Texas University Graduate School of Business. Also, I would like to continue our dialague regarding creating an Energy-Finance Private Equity Fund at UT. I know that with my industry-wide and investment banking contacts that I can help raise capital for the fund. I am very interested in energy-finance and think that your idea is a very good. Thanks again for taking the time to listen and talk with me. It has been a
Q: What is a potential subject line for this email?
answer:
Results!