Charts for Commonwealth Club

Jeff just called and asked us to prepare the following charts for his
presentation at the Commonwealth Club:

1 -- forward price of power in California (today, tomorrow, next day, 5
years, 10 years, 20 years)

conceptual charts of Economics 101:
2 -- example of a supply/demand curve
3 -- supply/demand curve for short-term power
4 -- supply/demand curve for long-term power

5 -- 3-4 quotes from testimony in '95/'96 where Enron made the arguments that
there would be no forward market, structure was silly

6 -- chart with the estimate for the number of states or utilities and what
percentage of power-buying is long-term versus short-term. Jeff wants to
show that all other states and utilities have a minimal percentage of power
purchasing on the spot market.