Enron Mail

Subject:Thursday Meeting on Winter Gas Prices
Cc:alhamd.alkhayat@enron.com, shelley.corman@enron.com,stinson.gibner@enron.com, gil.muhl@enron.com
Bcc:alhamd.alkhayat@enron.com, shelley.corman@enron.com,stinson.gibner@enron.com, gil.muhl@enron.com
Date:Tue, 12 Sep 2000 04:01:00 -0700 (PDT)


I have invited the following individuals to join us at the 3 pm Thursday
meeting to review the draft of your Columbus speech on the natural gas

Hamd Alhkayat--Hamd has replaced Andrew Miles in the rotation and will be
helping me with your presentations as well as being the lead with Jeff's

Shelley Corman--Shelley has been developing messages for the current and
anticipated gas situation and pipeline safety for the gas pipeline group.
(The safety issue could come up in your Q&A.)

Stinson Gibner--Stinson is with the research group that has generated some of
the more complex slides in your draft dealing with volatility and historic
futures pricing.

Gil Muhl--Gil markets gas products to customers and is speaking at an AGA
conference on the gas supply and price situation the day before your talk.
His group is focusing on new products to help end-users with winter
volatility. I have asked Gil to send you his presentation as well for the

Back to your presentation (the draft slides of which I am delivering to you
today), Dan Yergin thought it would be appropriate for you to give an
overview of the situation as the "teacher" or "professor." Some questions
that you could address would include:

Where has the industry come from, and what lessons have we learned?

How is the business different today?

What public policy conclusions are implicit in this history?

I think our comparative advantage over the specialists who will be presenting
before and after your keynote is that you have "been there" in the evolution
of the natural gas market, and Enron is at the forefront of helping customers
deal with price and supply uncertainty. There is also a good opportunity to
stress the need for new industry "best practices" (more hedging) and the
right public policies to deal with this issue (from "do no harm" to expanding
incentives in the market).

- Rob