Enron Mail

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Date:Thu, 7 Mar 2002 07:24:07 -0800 (PST)




Platts Energy Bulletin


The daily Energy Bulletin is a showcase of the top headlines posted on
platts.com (http://www.platts.com) over the past 24 hours. To view this file in
html, open the attachment at the bottom of this email. We welcome your feedback
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March 7, 2002

What's New on platts.com?
Platts Enron Report: Read about the implications of Enron's bankruptcy on the
financial and energy communities.
(http://www.platts.com/features/enron/index.shtml)

Quote of the Day: A selection of industry/OPEC viewpoints.
(http://www.platts.com/quote.shtml)


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Futures Round-up

NYMEX: Unleaded to lead the complex higher on the open
NYMEX April crude oil is called to open 58 cts higher at $23.73/bbl Thursday.
April Brent is called to open 48 cts higher at $23.20/bbl. April heating oil is
called to open 1.57 cts higher at 61.50 cts/gal and April unleaded gasoline is
called to open 2.17 cts higher 76.20 cts/gal.

IPE Brent Focus: Brent firms on NYMEX ACCESS fund buying
Gains across the Atlantic spilled over into IPE Brent as the benchmark April
contract stood at $22.97/bbl at 1035 GMT, 25 cts stronger than the previous
day's close, having peaked earlier at $23.10/bbl. Elsewhere, March IPE gasoil
traded at $183.75/mt, up $3.50/mt on the day.



News Round-up
Click on the headlines below or paste the URLs provided in your internet browser
to see the full story.

OIL:
Crude could rise $4 by yearend even with OPEC hike: EIA
Crude oil prices could rise by $4/bbl by the end of the year even if OPEC
increases production by 1-mil b/d during the second half of the year, the US
energy department's Energy Information Administration warned.
(http://www.platts.com/archives.shtml#59817)

NATURAL GAS:
US Senate approves Murkowski Alaska pipeline amendment
The US Senate Wednesday approved an amendment to guarantee Alaska's control over
any North Slope gas distributed within Alaska via a proposed pipeline to the
lower 48 states. (http://www.platts.com/archives.shtml#59783)

PETROCHEMICALS:
Dec may have been bottom of basic chemical cycle: ACC
The bottom of the basic chemical cycle may have been reached in December,
according to the American Chemistry Council's first quarter 2002 Situation and
Outlook, released Wednesday. (http://www.platts.com/archives.shtml#59791)


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ELECTRIC POWER:
US House leaders seek Wall Street firms' Enron records
Leaders of the US House Energy and Commerce Committee Wednesday called on more
than a dozen Wall Street investment and credit-rating firms to turn over records
linked to Enron and its related partnerships, as well as services provided for
the bankrupt energy giant. (http://www.platts.com/archives.shtml#59780)

NUCLEAR:
NRC stresses caution in requiring security changes
The US Nuclear Regulatory Commission stressed caution in imposing security
upgrades for nuclear facilities. At the NRC's annual Regulatory Information
Conference, Commissioner Nils Diaz said yesterday that cutting back resources in
the security area is not appropriate post Sep 11, but said the NRC should not
take action merely for "appearance's sake."
(http://www.platts.com/archives.shtml#59790)

To see the past five day's headlines posted on platts.com
go to Platts archives (http://www.platts.com/archives.shtml).


Upcoming Events:

Platts Policies and Methodology Forum, Platts will hold an open forum to discuss
its policies and methodologies on Sunday, March 17 at the Marriott Rivercenter
Hotel in San Antonio, Texas. The forum will be held in conjunction with the
annual meeting of the National Petroleum Refiners' Association. For further
details and to register go to
http://www.platts.com/oil/SanAntonioForum/sanantonioforumregister.shtml

4th Annual ELECTRIC POWER Conference & Exhibition, "Where the Operating
Companies Meet", Over 10 co-located events, 500 exhibiting companies and 6,000+
attendees. March 19-21, 2002, America's Center, St. Louis, Missouri. Organized
by The TradeFair Group, and Sponsored by POWER Magazine and Platts.
(http://www.electricpowerexpo.com/currentshow/home.asp)

"Grid Business: The Midwest," an Electrical World Roundtable in cooperation with
R.J. Rudden Associates and the United States Energy Association. March 20-21,
2002, in St. Louis, Missouri.
(http://www.platts.com/gridbusiness/index.html)

"Navigating the Perfect Storm: Charting Power Generation Success," the 17th
Annual Global Power Markets Conference. March 24-26, 2002, in New Orleans. Have
you secured your space at the conference? Rooms are going fast, so register
today! Presented by Platts Global Power Report and Global Energy Business, this
17-year-old summit draws nearly 800 top-level executives, including power
generation developers, bankers, equipment vendors, fuel and service providers,
and consultants. For years it has been know as THE place to be if you're in
search of vital information and key business contacts. For more information or
to register, please visit our website:
http://www.platts.com/electricpower/GPMConf2002/index.shtml



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PLATTS' MAGAZINES:

Global Energy Business - Top 250 Energy Companies
The first annual survey by Global Energy Business of financial performance for
leading energy companies worldwide presents year 2000 data--assets, revenues,
profits, earnings per share, and return on invested capital--for firms with
assets exceeding $2 billion. Data were supplied by Standard & Poor's, a unit of
The McGraw-Hill Companies, New York, from its Compustat data base.
(http://www.platts.com/business/issues/0201/0201geb_top250.shtml)



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