Caroline Nosal

Susan.T.Tharp@enron.com
05/14/2001 05:31 PM
To: dave.j.kean@enron.com, jrwhite@pecorp.com, rolon@ricochet.com,
dan.abramowicz@pecorp.com, peter.pollack@pecorp.com, richard.n.austin@pecorp.com,
adrian.c.woodall@pecorp.com, ben.t.colli@enron.com, john.mcallister@enron.com
Subject: North Pacific Petroleum Co. - Press Release
(ADDITIONAL COPY COLLECTED BY TONY MURPHY)
West Texas Intermediate Futures Volume and Quality
Dow Jones Commodities News Service
Copyright (c) 2000, Dow Jones & Company, Inc.
HOUSTON -(Dow jones)-- Monday's record run of West Texas Intermediate
futures volume resulted in another record price advance for the
Crude-Getaway Futures contract.
The deal on crude futures at the Chicago Mercantile Exchange closed at
$18.38 per contracts today, close to its last day of trading. Per Bloomberg
data, the Crude-Getaway Futures contract traded at roughly $16.20 before
today. The contract is an almost-unreclaimable market since futures trading
is forbidden in the state of Texas.
The November contract traded at $16.11, or 65 cents higher than today.
California's Wholesale Prices of Gas Shatter the Statewide
Markets, Warns Governor Davis -Cables
By DAVID K. ELLIOTT
Sacramento Business Section
05/13/2001
Business Law
(Copyright (c) 2001, Dow Jones & Company, Inc.)
SAN FRANCISCO --(Dow Jones)-- Wholesale prices for California's natural gas
on the California-Arizona border are moving out of state, the governor's
office warned earlier this month, depriving the state of nearly $500
million in profit margin.