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From:drew.fossum@enron.com
To:shelley.corman@enron.com
Subject:Re: Complaint Against Gas Sellers to Reimpose Price Caps - Docket
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Date:Tue, 6 Feb 2001 09:49:00 -0800 (PST)

Cc: james.steffes@enron.com, steven.kean@enron.com, richard.shapiro@enron.com,
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Would we be better off letting the trade associations fight this one out? I
haven't read the pleading yet, but from your description, I wouldn't be
surprised if all of them oppose it--AGA included. DF


From: Shelley Corman/ENRON@enronXgate on 02/06/2001 08:53 AM
To: James D Steffes/NA/Enron@Enron, Steven J Kean/NA/Enron@Enron, Richard
Shapiro/NA/Enron@Enron, Rebecca W Cantrell/HOU/ECT@ECT, Leslie
Lawner/NA/Enron@Enron, "Robert Kilmer (E-mail)"
<rkilmer@enron.com<@SMTP@enronXgate, Mary Kay Miller/ET&S/Enron@ENRON, Drew
Fossum/ET&S/Enron@ENRON, Dorothy McCoppin/FGT/Enron@ENRON
cc: Margaret Carson/Corp/Enron@ENRON

Subject: Complaint Against Gas Sellers to Reimpose Price Caps - Docket No
RP01-223

The National Association of Gas Consumers (an association of municipal gas
systems) has filed a complaint against all sellers of natural gas in the US
to re-impose wholesale prices caps. They are seeking a benchmark (soft cap)
of $2.74/MMBtu.

The benchmark figure is based on an average gas forecast from a recent
National Petroleum Council study. (Ken Lay is a member of the NPC).

The procedural rules are a bit fuzzy. Ordinarily, respondents have 20 days
to answer a complaint. However, FERC rules provide for service on
respondents. Here NAGC has not named specific respondents.