RE:

Man, I did sound a little testy--due to my own inability to remember which
one of those stupid FERC acronyms is which. df

From: Kathy Ringblom/ENRON@enronXgate on 03/07/2001 08:04 AM
To: Drew Fossum/ET&S/Enron@ENRON
cc:

Subject: RE:

My, we sound a bit testy, don't we? Anyway, here's Kern River's FT rates:

Fifteenth Revised Sheet No. 5 : Effective
Superseding: Fourteenth Revised Sheet No. 5
STATEMENT OF RATES
RATE SCHEDULES KRF-1, CH-1, UP-1, MO-1, SH-1
(RATES PER DTH)

The rates shown below are those rates which Transporter is authorized to
charge 1/ for service rendered from the effective date through the fifteenth
(15th) year after commencement of operations.

Base
Tariff Surcharges Rate After
Rate ACA GRI Surcharges
------- ------- ------- -----------
Monthly Reservation/Demand Rate: 1/

Maximum Over 50% L.F. $17.7200 $0.2000 $17.9200
50% L.F. and Under $17.7200 $0.1230 $17.8430
Minimum $0.0000 $0.0000 $0.0000

Daily Reservation/Demand Rate: 1/

Maximum Over 50% L.F. $0.5826 $0.0066 $0.5892
50% L.F. and Under $0.5826 $0.0040 $0.5866
Minimum $0.0000 $0.0000 $0.0000

Firm Transportation Commodity/Usage Rate: 1/

Maximum $0.0573 $0.0022 $0.0072 $0.0667
Minimum $0.0023 $0.0022 $0.0000 $0.0045

Authorized Overrun Rate: 1/

Maximum $0.6399 $0.0022 $0.0072 $0.6493
Minimum $0.0023 $0.0022 $0.0000 $0.0045

1/ For invoicing purposes, the rates and surcharges set forth above will be
applied, as appropriate, to a) Shipper's Maximum Daily Quantity ("MDQ") as
stated in the Transportation Service Agreement and b) volumes of gas received
by Transporter from Shipper for transportation after such MDQ and volumes of
gas received are multiplied by the current Thermal Conversion Factor as
defined in the General Terms and Conditions of this Tariff ("Thermal
Conversion Factor"). The current Thermal Conversion Factor is 1.047 Dth per
Mcf.

-----Original Message-----
From: Fossum, Drew
Sent: Tuesday, March 06, 2001 5:09 PM
To: Ringblom, Kathy
Subject:

Pls get on cips rims or whatever the hell it is and get Kern's max tariff
rate for FT. I'm getting convinced that the Kern neg. rate deal will feature
prominantly in our defense. DF