All:

Attached is a draft of our Answer in Opposition to the PX's February 26 
Request for Clarification, on in the Alternative, Request for Rehearing, of 
FERC's Feb. 14 Order Rejecting its proposal to relax its creditworthiness 
requirements.  If you have any comments or revisions, please let me know as 
soon as possible.  You may contact me by return email, or by phone at (202) 
828-7623.

Kim

 - 139200.DOC
 - #139200 v2 - ANSWER TO PX CLARIFICATION REQUEST.wpd