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Enron Mail |
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Patrice L Mims X-To: Hunter S Shively X-cc: X-bcc: X-Folder: \Patrice_Mims-Thurston_Jun2001\Notes Folders\Discussion threads X-Origin: Mims-Thurston-P X-FileName: pmims.nsf For December 21, 2000 activity, I reported a weighted average price of $10.77 for all activity at NGPL Nicor. The following Chicago Midpoint Pricing was reported to Gas Daily: December 21, 2000 $10.77 December 22, 2000 $15.76 The December 22, 2000 midpoint reflected a weighted average price for flow on gas days December 22-26, 2000. The reason for the lengthy trading period was due to Nicor Gas Company being closed on Friday, December 22, 2000, as opposed to December 26, 2000 ( the majority of the companies recognized December 26, 2000 as the holiday). Nicor Gas Company made the decision to buy additional gas on December 22nd for flow on December 23-26, 2000. Since I did not trade incremental volumes for this time period, I reported the same prices and volumes that I had previously traded for this time period. I did receive several phone calls from other marketing companies expressing concern that Gas Daily was going to come out with a new posting for the December 22-26, 2000 time period, when in fact, the incremental volume that Nicor purchased made up a small percentage of the total volume for that time period. I phoned Dave Behrman at Gas Daily to determine if this were true, and he replied that they would make a decision once they gathered all third party information.
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