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   [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE]       [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE]     	 [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE]          Updated: Dec. 20, 2001     [IMAGE]      [IMAGE]   [IMAGE]    [IMAGE] [IMAGE] [IMAGE]           Central American electricity grid takes big step forward   Two important recent events appear to signal a defining moment in the creation of the $320 million Central American Electric Interconnection System (SIEPEC)-a single transmission line linking the electricity grids of all six... [IMAGE] [IMAGE]         [IMAGE]    [IMAGE] [IMAGE]       [IMAGE]      [IMAGE] [IMAGE]   [IMAGE]           [IMAGE]   [IMAGE]           [IMAGE]   [IMAGE]           [IMAGE]   [IMAGE]           [IMAGE]   [IMAGE]           [IMAGE]   [IMAGE]           [IMAGE]   [IMAGE]           [IMAGE]   [IMAGE]           [IMAGE]             [IMAGE] [IMAGE]   [IMAGE]           [IMAGE]   [IMAGE]          [IMAGE] [IMAGE]             [IMAGE] [IMAGE]   [IMAGE]          [IMAGE] [IMAGE]     [IMAGE]       Fight over hydro project could become war Outcome could set precedent for other relicensing   Environmental issues may be deciding factor   [IMAGE] [IMAGE]        [IMAGE]   [IMAGE]  [IMAGE] [IMAGE]             [IMAGE] [IMAGE]             [IMAGE] [IMAGE]     [IMAGE]       Enron auditor, SEC official admit failures Enron withheld vital information  Analysts were slow to drop coverage   [IMAGE] [IMAGE]        [IMAGE]  [IMAGE]   [IMAGE] [IMAGE]             [IMAGE] [IMAGE]             [IMAGE] [IMAGE]     [IMAGE]       Power crisis delays decision on Snake River dams Army recommends against breaching  Dam adaptation deemed adequate to protect salmon   [IMAGE] [IMAGE]        [IMAGE]   [IMAGE]  [IMAGE] [IMAGE]             [IMAGE] [IMAGE]             [IMAGE] [IMAGE]   Bankruptcy judge okays sale of Enron trading operations full story...  AGA reports largest gas storage withdrawal of season full story...  Interventions in Yucca Mountain lawsuit? full story...  Dynegy to buy pre-merger Texaco gas production full story...  Dynegy wins first round in fight for Enron pipeline full story...  Mexico, Guatemala to build transmission line link full story...  FERC allows reactivation of Cove Point LNG plant full story...  FERC votes to reopen El Paso California case full story...  Calpine looks to sell debentures full story...  NYPA to power wastewater plants with fuel cells full story...  To view all of today's Executive News headlines,  click here             [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE]         [IMAGE] [IMAGE]  Copyright ? 2001 - Platts, All Rights Reserved   [IMAGE]   Market Brief   Wednesday, December 19 Stocks Close Change % Change DJIA 10,070.49 72.1  0.72% DJ 15 Util. 288.59 8.9  3.18% NASDAQ 1,982.89 (21.87) -1.09% S&P 500 1,149.56 6.6  0.58%     Market Vols Close Change % Change AMEX (000) 154,555 41,822.0  37.10% NASDAQ (000) 1,903,206 57,545.0  3.12% NYSE (000) 1,456,305 126,919.0  9.55%     Commodities Close Change % Change Crude Oil (Jan) 19.36 0.00  0.00% Heating Oil (Jan) 0.5634 0.016  3.00% Nat. Gas (Henry) 2.61 (0.060) -2.25% Propane (Jan) 32.50 0.60  1.88% Palo Verde (Jan) 28.00 0.00  0.00% COB (Jan) 28.00 (0.25) -0.88% PJM (Jan) 31.10 0.10  0.32%     Dollar US $ Close Change % Change Australia $  1.957 0.017  0.88% Canada $   1.58 0.001  0.06% Germany Dmark  2.17 0.006  0.28% Euro   0.9004 (0.002) -0.27% Japan ?en  128.2 0.400  0.31% Mexico NP 9.13 0.040  0.44% UK Pound   0.6898 0.0035  0.51%     Foreign Indices Close Change % Change Arg MerVal 272.76 19.32  7.62% Austr All Ord. 3,267.70 3.30  0.10% Braz Bovespa 13290.01 (107.35) -0.80% Can TSE 300  7501.10 (85.40) -1.13% Germany DAX 4984.69 (54.95) -1.09% HK HangSeng 11565.23 78.30  0.68% Japan Nikkei 225  10471.93 39.76  0.38% Mexico IPC  6250.74 (18.23) -0.29% UK FTSE 100 5,120.60 (30.50) -0.59%       Source:  Yahoo!, TradingDay.com and NYMEX.com   	    [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE]        [IMAGE] [IMAGE]  [IMAGE]  [IMAGE]     	  	


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