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      <p>Dear Mike,</p> 
<!-- This mail was sent to "Mike Grigsby" <Mike.Grigsby@enron.com>, who belongs to list
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<p>I'm Washington Bureau Chief Peter Cook filling in for Jay Rickerts.
<p>In Washington, we'll continue to examine the major energy issues
expected to arise during the New Year.  We'll take a look at <b>what
Congress will do with comprehensive energy and electricity
legislation</b>.  Our Washington bureau will also follow the <b>FERC</b>
and its <b>push for regional transmission organizations and wholesale
competition</b>.   These are some of the issues we'll look at as 2002
begins.
<p>On Wednesday, energy consultant and <b>former Assistant Secretary of
Energy during the Clinton Administration Robert Gee</b> will join us in
the Washington bureau.  He'll give us his take on the <b>U.S.
relationship with OPEC</b> and we'll get his assessment on the <b>start
of retail competition in Texas</b>.  Gee will join us during the noon ET
newscast on Wednesday.
<p><b>The big switch is coming to Houston</b> - On Wednesday we'll bring
you a report on <b>deregulation starting in Texas on January 1</b>.  The
Houston bureau will have details on how the power grid reacted to the
switch, and get an update from retail electricity providers.  
<p>Also from Houston, <b>John S. Herold, Inc. CEO Arthur Smith</b> says
upcoming <b>earnings releases may hold some unwanted surprises</b>.
He'll join us from Houston on Wednesday to <b>discuss his company's
research report and what we can look forward to in 2002</b>.  Catch
these reports from the Houston bureau on Wednesday.   
<p><table cellpadding=1 cellspacing=0 border=1 bordercolor="#000000"
width=350>
<tr bgcolor="#cccccc"><td align=center><font color="#000000"
face="verdana,arial,helvetica" size=-1><b>Closing
Prices for Monday, Dec. 31, 2001</b></font></td></tr>
<tr><td align=left>
	<table cellspacing=2 cellpadding=0 border=0>
		<!--<tr><td width=5>&nbsp;</td>
			<td align=left width=100>Commodity:</td>
			<td align=right width=75>Close Price</td>
			<td align=right width=100>Change
Price</td></tr>-->
		<tr><td width=5>&nbsp;</td>
			<td align=left width=150><font
face="verdana,arial,helvetica" size=-1>Crude:</font></td>
			<td align=left width=125><font
face="verdana,arial,helvetica" size=-1>$19.84/bbl</font></td>
			<td align=left width=75><font
face="verdana,arial,helvetica" size=-1>-$0.57</font></td></tr>
		<tr><td width=5>&nbsp;</td>
			<td align=left><font
face="verdana,arial,helvetica" size=-1>Unleaded:</font></td>
			<td align=left><font
face="verdana,arial,helvetica" size=-1>$0.5725/gallon</font></td>
			<td align=left><font
face="verdana,arial,helvetica" size=-1>-$0.0157</font></td></tr>
		<tr><td width=5>&nbsp;</td>
			<td align=left><font
face="verdana,arial,helvetica" size=-1>Heating&nbsp;Oil:</font></td>
			<td align=left><font
face="verdana,arial,helvetica" size=-1>$0.5507/gallon</font></td>
			<td align=left><font
face="verdana,arial,helvetica" size=-1>-$0.0158</font></td></tr>
		<tr><td width=5>&nbsp;</td>
			<td align=left><font
face="verdana,arial,helvetica" size=-1>Gas:</font></td>
			<td align=left><font
face="verdana,arial,helvetica" size=-1>$2.570/mmBtu</font></td>
			<td align=left><font
face="verdana,arial,helvetica" size=-1>-$0.204</font></td></tr>
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<p>Scheduling Note: <b>We're dark on New Year's Day</b>.  We'll see you
Wednesday at 9:00 a.m. ET.  Thanks for making this a great first year at
EnergyNewsLive - <b>Have a Happy New Year!</b>  
<p>Keep in mind things are subject to change at a moment's notice.
Occasionally guests have to reschedule or change time slots.  We'll
continue to do our best to keep you updated on future interviews and
events.  
<p><b>Be sure to watch our newscasts every business day - 9 a.m. to 5
p.m. ET, at the top of each hour.</b>

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    <td><FONT face=verdana,arial,helvetica size=-1>Peter Cook,
EnergyNewsLive.com Washington Bureau Chief<BR><BR>
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