Re: "The" Bullet

Dear Rick:

I am on the Hill with Steve Kean now. Have not had a chance to do anything
further on the bullet issue. I just talked to Ed Gillespie who discussed the
bullet as drafted last night with Andrew Lundquist today. Andrew does not
want to include the "rates, terms and conditions" sentence. Thus, my revision
regarding non-jurisdicitional entities seems moot for the moment. Ed pushed
Andrew hard on the need to include first sentence of bullet. Ed thinks he
made progress on that. I'm on the Hill the remainder of the afternoon. I
fly out of DCA @ 7:00 PM for San Antonio (Enron Law Conference). Feel free
to call me or Ed if you have questions. (cell phone I'm using today:
202-253-2625.)

Linda Robertson

Richard Shapiro
05/02/2001 08:59 AM

To: Linda Robertson/NA/Enron@ENRON
cc: Steven J Kean/NA/Enron@Enron, James D Steffes/NA/Enron@Enron
Subject: Re: "The" Bullet

Maybe include that cooncept as a backstop- reciprocity is not as good as
jurisdiction.

Linda Robertson
05/02/2001 07:19 AM
To: Richard Shapiro/NA/Enron@Enron
cc:

Subject: Re: "The" Bullet

One question. The last document Steve had us send to Larry Lindsey contained
a sentence that, through reciprocity type rules, FERC could exercise open
access jurisdiction over public power agencies, thus avoiding the need for
legislation. What should we do?

Richard Shapiro
05/01/2001 07:30 PM

To: Linda Robertson/NA/Enron@ENRON
cc:
Subject: "The" Bullet

FYI- sent to Gillespie for inclusion in administration.
---------------------- Forwarded by Richard Shapiro/NA/Enron on 05/01/2001
06:28 PM ---------------------------

Richard Shapiro
05/01/2001 06:11 PM
To: edgillespie@quinngillespie.com
cc:

Subject: "The" Bullet

It is critical to our nation's energy future to achieve robust competition
in wholesale power markets in order to ensure that electricity can move most
effectively from where it is produced to where it is most needed. To that
end, this Administration will strongly encourage the Federal Energy
Regulatory Commission( FERC) to actively exercise jurisdiction over all
aspects of electricity transmission in interstate commerce and place all uses
of the grid under the same rates, terms, and conditions. This jurisdiction
must also be extended by Congress to cover non-FERC jurisdictional power
authorities.