Enron Mail

From:john.goodpasture@enron.com
To:vince.kaminski@enron.com
Subject:Clean Fuels - GPG business segment
Cc:dwight.larson@enron.com, james.prentice@enron.com
Bcc:dwight.larson@enron.com, james.prentice@enron.com
Date:Fri, 8 Sep 2000 08:59:00 -0700 (PDT)

Dwight and I are working to develop an updated valuation for the MTBE and
methanol business segments. We would appreciate assistance from your group
in assessing the market over the next 3-4 years.

With the octane shortage this summer, and the strong gas and oil price
environment, MTBE prices are well above budgeted levels. How will
political/environmental issues affect MTBE prices over the next few years.

Methanol prices are also now very favorable, but it would seem that North
American methanol producers will be disadvantaged if gas prices in NA remain
higher than the rest of the world.

Your thoughts on these and any other factors affecting prices would be most
helpful. Both Dwight and I are available to meet with you or a member of
your group as soon as convenient.

Thanks, sorry we missed you today.

JNG