On December 21, 2000,  I reported a weighted average price of $16.00 for gas  flow on  December 22-26, 2000.
The weighted average trade price via Enron Online will reflect a price of  $15.76.
This price was increased to $16.00 to encompass trades transacted  via the telephone.
The reason for the interest in this time period is as follows:  Nicor Gas Company was closed for  their company holiday on Friday, December  22nd.
As a result, volumes delivered at Nicor were traded for  the December  22-26 time period.
Gas Daily published a price of $15.70 for the December  22-26 time period.
Nicor Gas Company made a decision to buy gas on December  22nd (even though they were closed)  for the December 23-26 time period,  which resulted in a $13.88 posting for the December 23-26th period.
I  received several phone calls from various marketing companies expressing  concern that Gas Daily was going to revise the posting, based on the minimal  activity that transacted on December 22nd.
While, my practice is to simply take the price as reported on Enron Online,  from time-to-time, there will be significant volumes transacted over the  telephone that will impact the Enron Online price.
My volume  is a little  over-stated, but simply  from a cursory glance standpoint, as opposed to  intentionally reporting erroneous information.

Chicago Midpoint pricing for December 21, 22, and 23, 2000

On December <NUMBER>, <NUMBER>, I reported a weighted average price of <CUR><NUMBER> for gas flow on December <NUMBER>-<NUMBER>, <NUMBER>.
The weighted average trade price via <COMPANY> Online will reflect a price of <CUR><NUMBER>.
This price was increased to <CUR><NUMBER> to encompass trades transacted via the telephone.
The reason for the interest in this time period is as follows: Nicor Gas Company was closed for their company holiday on Friday, December 00nd.
As a result, volumes delivered at Nicor were traded for the December <NUMBER>-<NUMBER> time period.
Gas Daily published a price of <CUR><NUMBER> for the December <NUMBER>-<NUMBER> time period.
Nicor Gas Company made a decision to buy gas on December 00nd (even though they were closed) for the December <NUMBER>-<NUMBER> time period, which resulted in a <CUR><NUMBER> posting for the December <NUMBER>-00th period.
I received several phone calls from various marketing companies expressing concern that Gas Daily was going to revise the posting, based on the minimal activity that transacted on December 00nd.
While, my practice is to simply take the price as reported on <COMPANY> Online, from time-to-time, there will be significant volumes transacted over the telephone that will impact the <COMPANY> Online price.
My volume is a little over-stated, but simply from a cursory glance standpoint, as opposed to intentionally reporting erroneous information.
concern gas time period nicor glance standpoint opposed weighted average price revise posting based online various company closed volumes transacted telephone