Dave:
I was thinking about our conversation yesterday.   If El Paso, absent this 
power deal, were to give us physical gas for 8 years discounted at their WACC 
in exchange for an upfront cash payment from ENE, is that transaction a 
mark-to-market gain for us?  If not, what's the difference in paying them 
with an asset rather than cash.  If it is a mark-to-market gain, isn't this a 
way to generate false P&L?
John