RE: price quotes

Thanks Kim. It would be great if you could see these to me daily. I use
the information for two purposes: 1) to run our portfolio VaR and
Mark-to-market numbers, and 2) to have an indication of where the market is
going.

Our attorney has contacted me to let me know that he is reviewing the
Enfolio.

Monica

-----Original Message-----
From: Kim.Ward@enron.com [mailto:Kim.Ward@enron.com]
Sent: Monday, January 22, 2001 8:45 AM
To: monica_padilla@city.palo-alto.ca.us
Subject: price quotes

Monica,

Attached are some VERY rough prices for 1,2,3 and 5 years out at Malin and
City Gate. I am still working on access to the programs for options as
well as more ACCURATE prices. I know you are just trying to get a feel for
what the market looks like right now so this should be good for that.

Also, it looks like we don't have a master agreement in place with NCPA
which would govern gas transactions. Those transactions would be done
under the General Terms & Conditions as well. Did you get a copy of those?
I am following up on getting you a Master Agreement as well as an ISDA and
will keep you posted.

Call me if you have questions or need more info!!

Thanks,

Kim

(See attached file: Continuous_price_quotes.xls)