Re: Entex weather hedge

---------------------- Forwarded by Thomas A Martin/HOU/ECT on 03/20/2001
03:48 PM ---------------------------

Thomas A Martin
10/13/2000 01:56 PM
To: Gary Taylor/HOU/ECT@ECT
cc:
Subject: Re: Entex weather hedge

Gary,

I don't think that we will be using a weather hedge this season. The hedges
that we have used before have worked well because we have had very warm
winters and have correlated very well with Entex takes. I am not as
confident in the correlation in a closer to normal temperature environment
which is the forecast for this winter.

Tom