Dear Eric,  The first Congressional hearing into Enron's collapse takes place Wednesday.  Slated witnesses include the Chief Accountant of the Securities and Exchange Commission and the CEO of Arthur Andersen, Enron's auditor.  Enron Chairman and CEO Ken Lay declined an invitation to participate in the hearings.    The Enron hearing isn't the only energy story on the Hill.  All four FERC Commissioners will participate in a hearing on Representative Joe Barton's (R-TX) new electricity restructuring bill. Barton plans on holding at least two hearings this week on his legislation in hopes of trying to move the bill out of committee before the end of the year.   Washington Bureau Chief Peter Cook says Wednesday House Majority Leader Dick Armey (R-TX) is expected to announce his intention to retire from Congress, from the House floor.  We'll keep you updated on the situation from Washington tomorrow.   The Global Oil Trends 2002 study says volatile oil price cycles and increasing competition mean applications of technology are key in determining success for the oil industry.  On Wednesday, Houston Correspondent Kim Benestante will cover an event at which President and CEO of CERA Joseph Stanislaw and Energy Sun Microsystems Manager Larry Rice will talk about the findings from the joint study.     West Coast Correspondent Kym McNicholas will bring us a report on the state of deregulation in California.  Kym says politicians, state regulators and consumers are becoming more convinced deregulation doesn't work in light of the California energy crisis and Enron's fall.  Catch Kym's report on Wednesday.    Closing Prices for Tuesday, Dec. 11, 2001    Crude: $18.08/bbl -$0.29   Unleaded: $0.5061/gallon -$0.048   Heating Oil: $0.4999/gallon -$0.067   Gas: $2.803/mmBtu +$0.056   We'll check in with Alaron Trading Vice President Phil Flynn on Wednesday from the Chicago Mercantile Exchange.  Flynn will bring us an overview of the API and DOE numbers during the noon ET newscast tomorrow.   Keep in mind things are subject to change at a moment's notice. Occasionally guests have to cancel or change time slots.  We'll continue to do our best to keep you updated on future interviews and events.     Be sure to watch our newscasts every business day - 9 a.m. to 5 p.m. ET, at the top of each hour.  	 				
 						 	
	 	Jay Rickerts, EnergyNewsLive.com Anchor  View today's Energy Wrap Video Windows Media Player: 56K  | 100K  | 300K  Real Player: 56K  | 100K  | 300K  (Requires Windows Media Player or Real Player )   Experience all that Williams Energy News Live has to offer!   If you are receiving this letter for the first time and wish to continue, subscribe now    To stop receiving this letter, unsubscribe now    If you are having trouble receiving this e-mail, please let us know  or  call (800) WILLIAMS (800-945-5426) weekdays, 7am-7pm CST.    Comments? Suggestions? Let us  know  or  call (800) WILLIAMS (800-945-5426) weekdays, 7am-7pm CST.    Copyright 2001 Williams Energy News Live, LLC. All  Rights Reserved.