Enron Mail

From:ecenter@williams.com
To:enl-members-html@estutenws11.energy.williams.com
Subject:Williams Energy News Live -- today's video newscast
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Date:Mon, 4 Feb 2002 14:51:30 -0800 (PST)


=09 =09 Dear Michael, Former Enron CEO Kenneth Lay will not testify at=
either Congressional hearing this week. Washington Bureau Chief Peter Coo=
k says because of Lay's decision not to appear, the Senate Commerce Committ=
ee is expected to authorize the issuance of a subpoena to Lay as early as T=
uesday morning. Two House subcommittees could soon issue their own subpoen=
as as well. A subpoena would compel Lay to appear, but it does not guarant=
ee he will testify - he could invoke his constitutional right not to speak.=
Other hearings involving Enron will proceed as planned, with three heari=
ngs scheduled for Tuesday morning. One of the hearings involves Enron boar=
d member William Powers, who will testify in front of the House Energy and =
Commerce Committee's Oversight Subcommittee. Powers led the internal invest=
igation at Enron, resulting in a report released this weekend that was high=
ly critical of the company's management team. We'll have highlights from P=
owers' testimony on Tuesday from Washington. Unsecured creditors can help=
ensure a better rate of return on what they're owed by Enron through claim=
s trading. That's according to Haynes and Boone LLP Attorney Lenny Parkins=
. He'll join us during the noon ET newscast from the Houston bureau to dis=
cuss the process of claims trading and how creditors can assure they will r=
eceive some sort of payment. Also from Houston on Tuesday, Williams Gas P=
ipeline CEO Doug Whisenant talks about pipeline safety following September =
11. He'll also discuss the future of Williams Gas Pipelines. We'll have m=
ore from the one-on-one interview between West Coast Bureau Correspondent K=
ym McNicholas and California Public Utilities Commission President Loretta =
Lynch. Kym says Lynch will discuss the ongoing negotiations with generator=
s to rework the state's long-term power contracts. Closing Prices for Mo=
nday, Feb. 4, 2002 Crude: $20.07/bbl -$0.31 Unleaded: $0.5931/gallon -=
$0.0103 Heating Oil: $0.5381/gallon -$0.0150 Gas: $2.117/mmBtu -$0.021 =
Fwd uE(Mar.): $3.57/mmBtu +$0.05 Keep in mind things are subject to cha=
nge at a moment's notice. Occasionally guests reschedule or change time slo=
ts. We'll continue to do our best to keep you updated on future interviews=
and events. Be sure to watch our newscasts every business day - 9 a.m.=
to 5 p.m. ET, at the top of each hour. =09 =09=09=09=09
=09=09=09=09=09=09 =09
=09 =09Jay Rickerts, EnergyNewsLive.com Anchor View today's Energy Wrap Vi=
deo Windows Media Player: 56K | 100K | 300K Real Player: 56K | 100K =
| 300K (Requires Windows Media Player or Real Player ) Experience all =
that Williams Energy News Live has to offer! If you are receiving this le=
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ILLIAMS (800-945-5426) weekdays, 7am-7pm CST. Copyright 2001 Williams En=
ergy News Live, LLC. All Rights Reserved. =09=09=09=09=09