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      <p>Dear Andrew,</p> 
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<p>The second of two hearings in the <b>House Energy and Air Quality
Subcommittee</b> on <b>Representative Joe Barton's (R-TX) electricity
bill</b> will be held on Thursday.  At the first hearing on Wednesday,
all four FERC commissioners commented on Barton's bill.  <b>Several
industry trade associations will testify during day two of the
hearings</b>.  Washington Bureau Chief Peter Cook says Rep. Barton
believes the legislation will improve restructuring efforts around the
country, while some <b>Democrats on the Subcommittee say the bill goes
too far</b>.  We'll bring you more on the debate tomorrow.
<p>Peter also says the bureau will have <b>more from the first
Congressional hearing into the collapse of Enron</b>.  Wednesday's
hearing is expected to be the first of many on the Hill dealing with the
fall of Enron.  Join us Thursday for these reports from Washington.
<p>The Houston bureau will also continue to <b>monitor developments
surrounding Enron</b> on Thursday.  We'll have the latest on the energy
giant's fall from grace, the bankruptcy case, and <b>reaction to the
Enron hearings taking place in Washington</b>. 
<p>The <b>Texas Supreme Court</b> hears arguments in a <b>utility refund
case</b> on Wednesday.  The Houston bureau reports <b>the case could end
in a multi-billion dollar refund</b> for the state's power company
customers.  We'll have updates from the proceedings tomorrow.
<p>The <b>President of Mirant California Anne Cleary</b> sits down with
ENL's Kym McNicholas on Thursday.  They'll discuss the energy industry
and <b>what it needs to do to bring the benefits of deregulation to
consumers</b>.
<p>Also, <b>Thomas Dehaan, a Vice President with COEN</b>, talks to Kym
about the booming <b>combined-cycle power plant industry</b>.  Dehaan
discusses how his company is increasing its market share.  Catch reports
from the West Coast bureau on Thursday.  
<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 Wednesday, Dec. 12, 2001</b></font></td></tr>
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	<table cellspacing=2 cellpadding=0 border=0>
		<!--<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>-->
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			<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>$18.36/bbl</font></td>
			<td align=left width=75><font
face="verdana,arial,helvetica" size=-1>+$0.28</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>$0.5172/gallon</font></td>
			<td align=left><font
face="verdana,arial,helvetica" size=-1>+$0.111</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>$0.5058/gallon</font></td>
			<td align=left><font
face="verdana,arial,helvetica" size=-1>+$0.0059</font></td></tr>
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			<td align=left><font
face="verdana,arial,helvetica" size=-1>Gas:</font></td>
			<td align=left><font
face="verdana,arial,helvetica" size=-1>$2.719/mmBtu</font></td>
			<td align=left><font
face="verdana,arial,helvetica" size=-1>-$0.084</font></td></tr>
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<p>Site News: <b>The <i>National Journal</i> listed ENL as one of the
top two Best Energy Web sites</b> in its December 8, 2001 issue.  We're
excited about the exposure and want to let you know we appreciate your
continued support.  From all of us at ENL - thanks!
<p>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.  
<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,
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