Enron Mail

From:jeffrey.shankman@enron.com
To:patrick.danaher@enron.com
Subject:Re: mkt thoughts
Cc:john.nowlan@enron.com, don.schroeder@enron.com, jennifer.burns@enron.com
Bcc:john.nowlan@enron.com, don.schroeder@enron.com, jennifer.burns@enron.com
Date:Thu, 26 Oct 2000 05:19:00 -0700 (PDT)

Looks good. I'm probably not available for a lunch meeting on this topic, so
let's do it after the close.

Jeff




Patrick Danaher@ENRON
10/26/2000 10:04 AM
To: Jeffrey A Shankman/HOU/ECT@ECT
cc: Don Schroeder/HOU/ECT@ECT, John L Nowlan/HOU/ECT@ECT
Subject: Re: mkt thoughts

Regarding market development opportunities for EOL, I believe there is a huge
market possibility for a Light Louisiana Sweet (LLS) to become a or the
benchmark. LLS should be the price discovery market for the Atlantic basin
crude oils. Wti should not be the market and neither should Dated brent. I
think there is a unique opportunity at present to pursue this. Most market
participants are not content to used dated as a benchmark, particularly after
the latest squeeze by Arcadia.. Wti is perceived to be too manipulated by
B.P. I would like to set up a meeting soon to discuss my thoughts. Please let
me know when everyone would be available. How about tomorrow @ lunch?