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      <p>Dear Michael,</p>
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<p><b>Former Enron CEO Kenneth Lay is scheduled to appear before two
separate Congressional committees</b> next week.  On Friday, we'll have
a <b>preview of Monday's testimony</b> and the <b>latest on the
investigation</b> itself from the Washington bureau.  We'll also take a
look at the impact the Enron situation is having on efforts in Congress
to repeal or amend the <b>Public Utility Holding Company Act</b>.
<p>We'll also have the <b>latest on emissions policy in Congress</b> on
Friday.  With the White House still waiting to release its own ideas on
possible changes in U.S. emissions rules, some in Congress are trying to
move their own legislation.  <b>President of Energy and Environmental
Analysis Joel Bluestein</b> will talk about where he thinks the debate
stands right now.  Bluestein will join us during the 2:00 p.m. ET
newscast tomorrow.
<p><b>South Texas College of Law Professor Bruce McGovern</b> will talk
about <b>shareholder lawsuits against Williams</b> from the Houston
bureau on Friday.  McGovern will also explain <b>how these lawsuits
compare to the lawsuits against Enron</b>.
<p>The Houston bureau will continue coverage of a <b>threatened strike
by oil workers</b>.  The <b>workers' union says it will strike at
midnight tonight if contract talks don't progress</b>.  We'll be
following this story that's <b>affecting thousands of workers involved
in Texas</b>.
<p>More earnings from the Houston bureau on Friday - <b>Varco
International CFO Joe Winkler</b> is stopping by the bureau to talk
about his <b>company's earnings report</b> during the 3:00 p.m. ET
newscast.
<p>Friday from the West Coast bureau, ENL's Kym McNicholas talks to
<b>Tuscarora Transmission Company Director of Marketing Greg
Galbraith</b> about the company's plans to <b>expand its gas pipeline
system to northern Nevada</b>, just granted by the FERC this week.
Galbraith will join us during the 3:00 p.m. ET newscast.
<p>From New York during the 2:00 p.m. ET newscast, <b>Merrill Lynch
Director of Energy Research Michael Rothman</b> is penciled in.  He'll
talk about what would happen to the <b>oil markets</b> if the U.S. were
to pursue the expansion of a <b>war on terrorism</b>.
<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 Thursday, Jan. 31, 2002</b></font></td></tr>
<tr><td align=left>
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		<!--<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>$19.48/bbl</font></td>
			<td align=left width=75><font
face="verdana,arial,helvetica" size=-1>+$0.40</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>$0.5592/gallon</font></td>
			<td align=left><font
face="verdana,arial,helvetica" size=-1>+$0.0061</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>$0.5229/gallon</font></td>
			<td align=left><font
face="verdana,arial,helvetica" size=-1>+$0.0138</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>$2.138/mmBtu</font></td>
			<td align=left><font
face="verdana,arial,helvetica" size=-1>+$0.058</font></td></tr>
		<tr><td width=5>&nbsp;</td>
			<td align=left><font
face="verdana,arial,helvetica" size=-1>Fwd&nbsp;uE(Feb.):</font></td>
			<td align=left><font
face="verdana,arial,helvetica" size=-1>$3.39/mmBtu</font></td>
			<td align=left><font
face="verdana,arial,helvetica" size=-1>unchanged</font></td></tr>
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<p>Keep in mind things are subject to change at a moment's notice.
Occasionally guests 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>Jay Rickerts,
EnergyNewsLive.com Anchor<BR><BR>
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