Can I talk you or someone else who is close to this into a one pager on why  
a simple supply/demand explanation of California border prices trumps 
Carpenter's El Paso dun it conspiracy analysis?

I don't want Lay to be stumped by a question on this at his Wednesday IAEE 
talk.

- Rob


----- Forwarded by Rob Bradley/Corp/Enron on 04/20/2001 03:13 PM -----

	Shelley Corman/ENRON@enronXgate
	04/20/2001 02:51 PM
		 
		 To: Joe Hartsoe/Corp/Enron@ENRON
		 cc: Rob Bradley/Corp/Enron@ENRON
		 Subject: FW: Sacramento Pres Final 4_13_01(projected).ppt


Attached is Paul Carpenter (Brattle Group) preliminary findings that 
marketers have market power at the border.

By my second email I'm sending Enron's responses to the pleadings at FERC 
which refute the notion of the need to reinstitute price controls at the 
California border.

Alternatively, a good argument to high gas prices at the CA border is the 
message in Stan's natural gas roundtable speech (i.e. high gas prices can be 
directly attributed to supply/demand factors).

 -----Original Message-----
From:  Dasovich, Jeff  
Sent: Thursday, April 19, 2001 12:28 PM
To: Fawcett, Jeffery; Harris, Steven; Fossum, Drew; Gomez, Julie A.; Corman, 
Shelley; Hartsoe, Joe; Miller, Stephanie; Steffes, James; skean@enron.com; 
Robertson, Linda; Shapiro, Richard; Kaufman, Paul; Mara, Susan; McCubbin, 
Sandra; Guerrero, Janel; Denne, Karen; mpalmer@enron.com; Novosel, Sarah; 
Fulton, Donna; Lawner, Leslie
Subject: Sacramento Pres Final 4_13_01(projected).ppt

FYI.  Presentation by Brattle Group before CA leg committee yesterday in 
which they assert market power at the CA border (held by "out-of-state 
suppliers") explains high gas prices in California.  If you have any 
questions, call me at 415.782.7822.  Please forward to others whom you think 
might be interested.  Stephanie, could you forward along to Barry?

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 04/19/2001 12:23 PM -----


	Douglas.Porter@sce.com 04/19/2001 11:36 AM 	   To: jeff.dasovich@enron.com  
cc:   Subject: Sacramento Pres Final 4_13_01(projected).ppt



Per your request, attached are the presentation slides from yesterday.

Douglas Porter, Senior Attorney
Southern California Edison Company
(626)302-3964
(626)302-3990(fax)
douglas.porter@sce.com(See attached file: DRT2486.PPT)
 - DRT2486.PPT