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Ted, please see if they will agree to Texas law (see last paragraph). | dev41 |
If not, let me know. | dev41 |
Otherwise, this looks fine. | dev41 |
Name : Susan Scott Title : Analyst Last 4 of SSN : 1734 Nationality : UNKNOWN Business Unit : Risk Management, Gas Trading, Financial Books Rotation Start : 3/28/00 Supervisor : Dutch Quigley Languages : | dev41 |
Transwestern has drafted the attached rebuttal testimony in response to testimony filed by Kern River and the Post-Interim Settlement parties. | dev41 |
Please let me know if you have comments. | dev41 |
I have been working with Ramona and Lorraine to make system adjustments to TW's LFT arising from conclusions made at a Northern LFT meeting a few weeks ago. | dev41 |
One change that has been called for is that if a Limited Day is called (for now let's say a total Limited Day, without notifying shippers of any percentages), no LFT can flow at any time during that day but the LFT shipper would have the option to flow IT to the extent space is available. | dev41 |
If a Limited Day were called notifying shippers that only a certain percentage would flow, LFT shippers would be able to flow that percentage, and the rest could be scheduled IT. | dev41 |
Drew latched onto this when I mentioned it to him and wanted to debate this change with me. | dev41 |
As currently configured, TW's system would allow LFT shippers to put in nominations on a Limited Day, and if any LFT capacity were in fact available that LFT would be scheduled. | dev41 |
Similarly, if TW were to notify shippers of a partial Limited Day (say 50%), and 60% of the capacity in fact became available, TW's system (today) would allow LFT shippers to put their nominations in and flow 60%, not limit them to 50%. | dev41 |
TW's tariff language appears suitably vague to allow this -- a Limited Day is defined as a day on which TW may choose not to schedule service in whole or in part, and the billing section has a provision for Limited Days on which any quantity of gas is transported. | dev41 |
Our question was whether, by changing TW's LFT system as described in the first paragraph, we wouldn't be leaving some firm transportation revenue on the table (because the IT rate is generally lower than our firm rate). | dev41 |
If so, is the change necessary for some other reason? | dev41 |
Please let me know what you think. | dev41 |
Ashley -- here is a lease renewal letter. | dev41 |
Pumpkin is welcome to stay over at your place. | dev41 |
In fact, if you or Deron need me to check in on her at any time, walk her, etc., you really should not hesitate to call me (713-864-4960)! | dev41 |
I love dogs and wish I could justify having one! | dev41 |
Hi Mum! | dev41 |
I had a fun time this weekend. | dev41 |
It was good to have everyone together. | dev41 |
Glad K&J are relaxing about Mema and the baby. | dev41 |
She gets such a kick out of seeing her. | dev41 |
Thanks for the new clothes; I still can't believe we let you shop for us on Mother's Day weekend! | dev41 |
Got a message that Lois came by and got the dishes. | dev41 |
Earlier when I was in a meeting she left a voice mail saying she wasn't sure what exit to use off of 610. | dev41 |
Wish they lived closer and I could have just stopped by. | dev41 |
Had another sleepless night Sun. | dev41 |
and finally took some Unisom and had a good night's sleep last night. | dev41 |
What a relief. | dev41 |
I have really never had this problem before. | dev41 |
It's good to have a lot of energy, but you have to shut down sometime. | dev41 |
Am sending you my travel schedule for next week. | dev41 |
The following week (May 29 - June 2) I'm planning to be in SF also, but I'm not sure I'll actually have to be there that long. | dev41 |
Have a good afternoon! | dev41 |
Love, | dev41 |
In case you do not have my draft of the filing, here it is. | dev41 |
Edd, looks like the gas industry restructuring thing is going to bring me to SF next Tues. | dev41 |
thru Thurs., then May 29 thru June 2. | dev41 |
I had thought about going for the whole Memorial Day weekend, but Bill's going to be in Boston the following weekend, so I now think that June 3 - 4 would be the better weekend for me to hang out in Cali. | dev41 |
It's all sort of loosey-goosey anyway because the judge has not announced the order in which witnesses will be presented. | dev41 |
I think she forgets some of us are from out of town! | dev41 |
Makes it really hard to plan. | dev41 |
I'll know for sure by the 25th. | dev41 |
Thank goodness for refundable airline tickets. | dev41 |
Anyway, are going to be around that 1st weekend of June? | dev41 |
And -- might you be available for dinner next Tuesday or Wednesday? | dev41 |
These guys like to talk business well into the evening hours, but my interest starts to wane near suppertime and I could probably make excuses and leave. | dev41 |
Bill and I took a whirlwind trip to Arizona a couple of weekends ago. | dev41 |
He was in Bullhead City, of all places, where his uncle has a vacation home. | dev41 |
I joined him a few days later in Vegas. | dev41 |
Luckily he had been to Laughlin 2 nights in a row and had gotten blackjack out of his system. | dev41 |
We set out for Sedona but first had to stop at Hoover Dam, then a diner in Kingman (on Route 66 of course). | dev41 |
Stayed a couple of nights in Sedona, where we climbed lots of rocks (which we later found out were protected nature preserve areas -- oops) and got real dusty and sunburned. | dev41 |
Then we drove up to the Grand Canyon and hung out at the South Rim. | dev41 |
Actually, we climbed down Bright Angel Trail & back up, then drove straight to the Las Vegas airport, from which we took the redeye so Bill could make it to his trial the next day. | dev41 |
I would really love to spend more time in the Grand Canyon -- maybe not this fall, but the next. | dev41 |
Ciao fo' now, and lots of soul | dev41 |
Lynn -- FYI, here is my draft of the fuel filing for TW. | dev41 |
This is very much a work in progress and we're having a meeting tomorrow to discuss logistics. | dev41 |
We've invited Darrell and Richard to the meeting; if there is anyone else you think we should include just let me know. | dev41 |
On Friday the Commission issued an order suspending (until October 15, 2000) TW's tariff sheets for acquiring PNM capacity, and calling for a technical conference. | dev41 |
The Commission stated that while TW's proposal may be in the public interest, further investigation of the issues, including those raised by Dynegy in its protest, is necessary prior to authorization. | dev41 |
The order does not make clear what issues are to be investigated, but they seem to include: whether TW will, in effect, become a marketer for PNM's services, whether the rates are just and reasonable and whether there is any expansion of monopoly power. | dev41 |
Additionally, the Commission noted that while PNM has certificate (i.e., public convenience & necessity) authority to transport gas in interstate commerce, PNM will "have to either explain how it has appropriate rate authority for transportation of natural gas in interstate commerce, or seek appropriate rate authority ... | dev41 |
Lorraine has forwarded a copy of the order to PNM so that they can begin taking the appropriate steps. | dev41 |
I will talk with regulatory about technical conference dates and will tell you when I have further information. | dev41 |
If you would like a copy of the order, let me know. | dev41 |
Elizabeth -- As we discussed, billing will need to take place pursuant to Section 30.8(e) (i.e., refund or credit to the releasing shipper). | dev41 |
Here is the language you requested for our posting: In accordance with Section 30.9(f) of the General Terms and Conditions of Transwestern's Tariff, Releasing Shipper shall remain liable to Transwestern for payment of reservation charges and any applicable surcharges. | dev41 |
If you need anything further please don't hesitate to call. | dev41 |
Please see the attached in connection with sales of capacity options on TW. | dev41 |
Tony & Frazier -- several comments from TW Commercial. | dev41 |
Page 1: Streamlined Credit -- what does "interested parties" mean? | dev41 |
parties interested in bidding, or parties interested in us having a look at their credit ? | dev41 |
Probably need to make this clear; on first reading, looks like obtaining credit approval ahead of time is optional. | dev41 |
(Don't we want everyone to get approval ahead of bidding?). | dev41 |
Page 2: you state that "individual bid transactions are kept confidential." | dev41 |
What is confidential: the identity of the shipper? | dev41 |
the bid itself? | dev41 |
In TW's IOS, we post the individual bids as they come in, but do not post the name of the shipper. | dev41 |
We feel that the posting of the dollar amount bids helps us get a higher rate as shippers bid against each other, and likewise recommend online bids be posted in real time. | dev41 |
I notice you call them "sealed bids" on page 4 -- not true if we're going to show them. | dev41 |
Page 3: why not request a little more emphatically that shippers establish creditworthiness at least several days in advance of bidding? | dev41 |
Especially since we plan to attract brand-new shippers by offering this service. | dev41 |
Our credit dept. | dev41 |
folks would probably appreciate not having to do it all between 2 and 4 on bid day. | dev41 |
If we're asking that shippers submit bids to 3 decimal places, our example should be to 3 decimal places (e.g., $0.351). | dev41 |
Page 7: "an" Capacity Trading Agreement should be "a" Capacity Trading Agreement. | dev41 |
Page 8: So we don't appear low-tech, let's go ahead and tell shippers we plan to have the Request for Service and the service agreement available for online submittal at some point in the near future. | dev41 |
Also, we've never asked shippers to submit a Request for Service with each bid. | dev41 |
A shipper may bid and re-bid several times over the bidding process. | dev41 |
They really only need to submit the Request for Service at the time of, or prior to, the first bid. | dev41 |
I recommend stating "You must submit a Request for Service prior to making your initial bid" so they don't think they have to submit a new one every time they revise their bid. | dev41 |
Page 9: Under "When TW will Respond": need to specify how notification will be sent. | dev41 |
Page 14: Column that says "Price" should say "Rate" (for a second there we thought you were talking about gas prices). | dev41 |
Also, please use example rates that are more realistic for TW (in the $0.240 to $0.299 would be great...) Thanks for all your hard work on this. | dev41 |
I'll be here if you have any questions. | dev41 |
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