Spreadsheet: dutch_quigley__9434__Insdferc05012001
Sheet: Sheet1

Gas Market Report
Prices of Spot Gas Delivered to Pipelines May 1, 2001 (per [NAME] dry)
 | Range |  |  |  | Index |  |  | Range |  |  |  | Index
ANR Pipeline Co. |  |  |  |  |  |  | Northwest Pipeline Corp.
Louisiana | 4.63 | to | 4.94 |  | 4.77 |  | [NAME] | 3.85 | to | 4.35 |  | 4.1
Oklahoma | 4.62 | to | 4.99 |  | 4.78 |  | Canadian border | 4.78 | to | 5.33 |  | 5.17
 |  |  |  |  |  |  | ONG Transmission Co.
Colorado Int. Gas Co. |  |  |  |  |  |  | Oklahoma | 4.7 | to | 5.01 |  | 4.79
[NAME] | 3.81 | to | 4.12 |  | 3.91 |  | Panhandle Eastern Pipe Line Co.
Columbia Gas Transmission Corp. |  |  |  |  |  |  | Texas, Okla. (mainline) | 4.63 | to | 5.05 |  | 4.82
Appa. (W.VA., Ohio, Ky.) | 4.95 | to | 5.38 |  | 5.12 |  | Questar Pipeline Co.
Columbia Gulf Transmission Co. |  |  |  |  |  |  | [NAME] | 3.8 | to | 4.03 |  | 3.87
Louisiana | 4.7 | to | 5.03 |  | 4.88 |  | Reliant Energy Gas Transmission Co.
Dominion Transm Co. |  |  |  |  |  |  | East | 4.65 | to | 4.96 |  | 4.8
Appalachia | 5.01 | to | 5.44 |  | 5.19 |  | West | 4.64 | to | 4.84 |  | 4.75
El Paso Nat. Gas Co. |  |  |  |  |  |  | Southern Natural Gas Co.
Permian Basin | 4.76 | to | 5.12 |  | 4.91 |  | Louisiana | 4.7 | to | 5.01 |  | 4.84
San Juan Basin | 4.11 | to | 5.18 |  | 4.23 |  | Tennessee Gas Pipeline Co.
 |  |  |  |  |  |  | La. & Offshore (zone 1) | 4.59 | to | 5.02 |  | 4.79
EPGT Texas Pipeline, L.P. |  |  |  |  |  |  | Texas (zone 0) | 4.57 | to | 5.06 |  | 4.76
Texas | 4.58 | to | 4.95 |  | 4.66 |  | Texas Eastern Transmission Corp.
 |  |  |  |  |  |  | East Louisiana zone | 4.59 | to | 5.01 |  | 4.79
Florida Gas Trans. Co. |  |  |  |  |  |  | West Louisiana zone | 4.58 | to | 4.98 |  | 4.77
Zone 1 | 4.72 | to | 5.05 |  | 4.81 |  | East Texas zone | 4.68 | to | 4.84 |  | 4.73
Zone 2 | 4.72 | to | 5 |  | 4.86 |  | South Texas zone | 4.58 | to | 4.89 |  | 4.7
Zone 3 | 4.69 | to | 4.96 |  | 4.82 |  | Texas Gas Transmission Corp.
Kern River Gas Trans. |  |  |  |  |  |  | Zone 1 | 4.8 | to | 5.02 |  | 4.85
Wyoming | 3.87 | to | 4.35 |  | 4.11 |  | Zone SL | 4.69 | to | 5.1 |  | 4.86
 |  |  |  |  |  |  | Transcontinental Gas Pipe Line Corp.
Gulf South Pipeline Co. of America |  |  |  |  |  |  | Zone 1 (pooling point) | 4.6 | to | 4.88 |  | 4.79
South Louisiana/East Side | 4.63 | to | 4.76 |  | 4.72 |  | Zone 2 (pooling point) | 4.63 | to | 4.93 |  | 4.83
Texas | 4.6 | to | 4.7 |  | 4.65 |  | Zone 3 (pooling point) | 4.7 | to | 5.15 |  | 4.88
Natural Gas Pipeline of America |  |  |  |  |  |  | Mississippi, Alabama | 4.83 | to | 5.12 |  | 4.92
Mid-Continent zone | 4.54 | to | 4.95 |  | 4.76 |  | Transwestern Pipeline Co.
Louisiana zone | 4.65 | to | 4.92 |  | 4.79 |  | Permian Basin | 4.81 | to | 5.02 |  | 4.9
Texok zone | 4.62 | to | 4.91 |  | 4.78 |  | Trunkline Gas Co.
South Texas Zone | 4.65 | to | 4.95 |  | 4.77 |  | Louisiana | 4.53 | to | 4.83 |  | 4.71
Northern Natural Gas Co. |  |  |  |  |  |  | Texas | 4.65 | to | 4.86 |  | 4.74
Texas, Okla., Kansas | 4.6 | to | 4.78 |  | 4.68
Demarcation | 4.6 | to | 5.03 |  | 4.81 |  | Williams Natural Gas Co.
Ventura, Iowa | 4.61 | to | 5.01 |  | 4.81 |  | Texas, Oklahoma, Kansas | 4.7 | to | 5.03 |  | 4.82
 |  |  |  |  |  |  |  | .
DELIVERED SPOT-GAS PRICES
April 2001 (per [NAME])
 | Range |  |  |  | Index |  |  | Range |  |  |  | Index
Houston Ship Channel/Beaumont, Tx |  |  |  |  | (Large packages only) |  | Louisiana/Missippi River Corridor
large packages (3,500 Mcf/day) | 4.72 | to | 5.14 |  | 4.91 |  | packages of at least 2,000 Mcf/day | 4.83 | to | 5.08 |  | 4.94
small packages (less than 3,500 Mcf | 4.82 | to | 5.08
/day)
MARKET CENTER  SPOT-GAS PRICES
May 2001 (per [NAME])
 | Range |  |  |  | Index |  |  | Range |  |  |  | Index
Northeast |  |  |  |  |  |  | East Texas
Texas Eastern zone M-3 | 5.12 | to | 5.58 |  | 5.29 |  | Houston Ship Channel | 4.72 | to | 5.14 |  | 4.91
Transco zone 6 | 5.15 | to | 5.64 |  | 5.33 |  | [NAME] | 4.77 | to | 5.15 |  | 4.88
New York/New Jersey city-gate | 5.23 | to | 5.44 |  |  |  | West Texas
New England city-gate | 5.22 | to | 5.49 |  |  |  | Waha | 4.66 | to | 5.03 |  | 4.82
 |  |  |  |  |  |  | Pacific Northwest
Upper Midwest |  |  |  |  |  |  | Stanfield. Ore. | 5.18 | to | 5.32 |  | 5.24
Chicago city-gate | 4.94 | to | 5.26 |  | 5.05 |  | city-gate | 5.25 | to | 5.58
Southern Michigan city-gate | 4.95 | to | 5.25 |  | 5.13 |  | California
Wisconsin city-gate | 5.16 | to | 5.33 |  |  |  | PG&E Malin, Ore. | 9.28 | to | 10.8 |  | 9.98
Minnesota city-gate | 4.95 | to | 5.214 |  |  |  | PG&E city-gate | 11.8 | to | 13 |  | 12.4
South Louisiana |  |  |  |  |  |  | PG&E South | 11.15 | to | 12.35 |  | 11.91
[NAME] | 4.7 | to | 5.14 |  | 4.87 |  | Southern California Gas Co. | 13.25 | to | 15.6 |  | 14.97