Message-ID: <7603377.1075860862525.JavaMail.evans@thyme> Date: Wed, 30 Jan 2002 06:48:07 -0800 (PST) From: energybulletin@platts.com To: platts@listserv.platts.com Subject: Platts Energy Bulletin Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: energybulletin@PLATTS.COM X-To: PLATTS@LISTSERV.PLATTS.COM X-cc: X-bcc: X-Folder: \Kevin_Hyatt_Mar2002\Hyatt, Kevin\Deleted Items X-Origin: Hyatt-K X-FileName: khyatt (Non-Privileged).pst Platts Energy Bulletin Welcome to Platts Energy Bulletin, a showcase of the top headlines posted on platts.com (http://www.platts.com) over the past 24 hours. To view this file in html, open the attachment at the bottom of this email. For Platts Premium customers go to www.einsight.com (http://www.einsight.com) to pick up your Platts Energy Insight subscription. Your password and login remain the same. If you no longer wish to receive this email, instructions for unsubscribing can be found at the bottom of each issue. We welcome your feedback - send comments to feedback@platts.com Jan 30, 2002 What's New on platts.com? Platts Enron Report: Read about the implications of Enron's bankruptcy on the financial and energy communities. (http://www.platts.com/features/enron/index.shtml) S&P - US Commodity Pricing: Standard & Poor's pricing assumptions for assigning oil and gas ratings remained unchanged at $19/bbl for West Texas Intermediate crude oil and $2.25 per million BTU (mmBTU) for NYMEX natural gas. (http://www.platts.com/risk_management/sandp/analysis.shtml) Futures Round-up NYMEX: Crude to open lower on bearish stock builds NYMEX March crude oil is called to open 28 cts lower at $19.30/bbl. February unleaded gasoline is called to open 1.04 cts lower at 55.65 cts/gal and February heating oil is called to open 55 pts lower at 51.50 cts/gal. IPE Brent Focus: IPE Brent crude falls on the back of bearish APIs Front-month March Brent stood 3 cts shy of the $19/bbl mark at $19.03/bbl at 1034 GMT, 21 cts lower than Tuesday's settlement. News Round-up Click on the headlines below or paste the URLs provided in your internet browser to see the full story. ADVERTISEMENT: Grid Business: The Midwest Region: An Electrical World Roundtable in cooperation with R. J. Rudden Associates and the United States Energy Association. March 21-22, 2002 St. Louis, Missouri (http://www.platts.com/gridbusiness/index.html) ENERGY INSIGHT : MISO, PJM mirror images?on the surface The proposed deal between Midwest Independent Transmission System Operator Inc and PJM Interconnection LLC, creating an electron-directing behemoth consuming half the US and a portion of Canada, should pose no major problems when market design is discussed. (http://www.einsight.com) OIL: Russia mulls strategic oil reserve to mop up surplus The Russian government is considering building a strategic oil reserve to help reduce a surplus of crude and products that has accumulated on the domestic market since exports were cut Jan 1, deputy prime minister Viktor Khristenko said Wednesday. (http://www.platts.com/archives.shtml#58357) NATURAL GAS: Gaz de France tariff drop depends on oil prices to May Gaz de France's plan to lower domestic tariffs for residential users in May still depends on oil price moves until then, a GdF spokeswoman said Wednesday. (http://www.platts.com/archives.shtml#58363) PETROCHEMICALS: Taiwan DuPont awaits Chinese approval for 600kt PTA unit Taiwan's DuPont Far Eastern Petrochemical is waiting for an approval license from the Chinese government to build a purified terephthalic acid plant in China, a source close to DuPont said Wednesday. (http://www.platts.com/archives.shtml#58342) ADVERTISEMENT: Platts Global Energy Jobs Board and Resume Bank: Created in partnership with the Energy Jobs Network, the Jobs Board gives you access to a pool of job seekers and open positions across the energy industry. It's free for all job seekers, and there is a range of packages for employers posting jobs. (http://www.energyjobsnetwork.com/home.asp?code=platts) ELECTRIC POWER: Senators raise concerns of possible market abuse by Enron US senators from the Northwest and California raised concerns Tuesday that Enron might have inflated forward electricity prices in the West, and questioned the validity of long-term power contracts signed last year in the region. (http://www.platts.com/archives.shtml#58309) NUCLEAR: Bush issues stern warning to Iraq, Iran on weapons US President George W Bush Tuesday issued a stern warning to Iraq, Iran and North Korea against developing weapons of mass destruction, and said the US would not tolerate threats. (http://www.platts.com/archives.shtml#58336) COAL: US LTV Steel to sell Warren, Ohio coke plant Bankrupt LTV Steel Co has agreed to sell its Warren, Ohio, coke plant to Warren Coke Corp, an affiliate of Tonawanda Coke Corp of Tonawanda, New York. Terms of the sale were not disclosed. (http://www.platts.com/archives.shtml#58321) RISK MANAGEMENT: CFTC chairman: Enron debacle deserves recommendations The chairman of the US Commodity Futures Trading Commission told a key congressional panel on Tuesday that the Enron collapse deserves "study and recommendations." (http://www.platts.com/archives.shtml#58308) To see the past five day's headlines posted on platts.com go to Platts archives (http://www.platts.com/archives.shtml) Want more information on Platts products? Browse the Platts Infostore at http://www.platts.com/mhe_infostore/cgi-bin/infostore. You can also email Platts sales team at info@platts.com or check for the details of your nearest sales representative in our list of Platts offices at http://www.platts.com/about/offices.shtml. For information on how to advertise on the Platts Energy Bulletin or on platts.com contact josie_parnell@platts.com. To email an editor, click on http://www.platts.com/oil/editorialquestions.shtml?EnergyBulletin To unsubscribe from the Energy Bulletin, please send an email to listserv@listserv.resdata.com and type the words UNSUBSCRIBE PLATTS in the body of your message. You should receive a response telling you that you have been unsubscribed. 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