Message-ID: <20612044.1075840049470.JavaMail.evans@thyme> Date: Mon, 4 Feb 2002 18:51:30 -0800 (PST) From: ecenter@williams.com To: enl-members-html@estutenws11.energy.williams.com Subject: Williams Energy News Live -- today's video newscast Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: quoted-printable X-From: Jay Rickerts <eCenter@williams.com>@ENRON X-To: Daily Wrap (HTML Registered Users) <enl-members-html@estutenws11.energy.williams.com> X-cc: X-bcc: X-Folder: \ExMerge - Crandall, Sean\Deleted Items X-Origin: CRANDELL-S X-FileName: =09 =09 Dear Chuck, Former Enron CEO Kenneth Lay will not testify at e= ither Congressional hearing this week. Washington Bureau Chief Peter Cook = says because of Lay's decision not to appear, the Senate Commerce Committee= is expected to authorize the issuance of a subpoena to Lay as early as Tue= sday morning. Two House subcommittees could soon issue their own subpoenas= as well. A subpoena would compel Lay to appear, but it does not guarantee= he will testify - he could invoke his constitutional right not to speak. = Other hearings involving Enron will proceed as planned, with three hearing= s scheduled for Tuesday morning. One of the hearings involves Enron board = member William Powers, who will testify in front of the House Energy and Co= mmerce Committee's Oversight Subcommittee. Powers led the internal investig= ation at Enron, resulting in a report released this weekend that was highly= critical of the company's management team. We'll have highlights from Pow= ers' testimony on Tuesday from Washington. Unsecured creditors can help e= nsure a better rate of return on what they're owed by Enron through claims = trading. That's according to Haynes and Boone LLP Attorney Lenny Parkins. = He'll join us during the noon ET newscast from the Houston bureau to discu= ss the process of claims trading and how creditors can assure they will rec= eive some sort of payment. Also from Houston on Tuesday, Williams Gas Pip= eline CEO Doug Whisenant talks about pipeline safety following September 11= . He'll also discuss the future of Williams Gas Pipelines. We'll have mor= e from the one-on-one interview between West Coast Bureau Correspondent Kym= McNicholas and California Public Utilities Commission President Loretta Ly= nch. Kym says Lynch will discuss the ongoing negotiations with generators = to rework the state's long-term power contracts. Closing Prices for Mond= ay, Feb. 4, 2002 Crude: $20.07/bbl -$0.31 Unleaded: $0.5931/gallon -$0= .0103 Heating Oil: $0.5381/gallon -$0.0150 Gas: $2.117/mmBtu -$0.021 = Fwd uE(Mar.): $3.57/mmBtu +$0.05 Keep in mind things are subject to chang= e at a moment's notice. Occasionally guests reschedule or change time slots= . We'll continue to do our best to keep you updated on future interviews a= nd events. Be sure to watch our newscasts every business day - 9 a.m. t= o 5 p.m. ET, at the top of each hour. =09 =09=09=09=09 =09=09=09=09=09=09 =09 =09 =09Jay Rickerts, EnergyNewsLive.com Anchor View today's Energy Wrap Vi= deo Windows Media Player: 56K | 100K | 300K Real Player: 56K | 100K = | 300K (Requires Windows Media Player or Real Player ) Experience all = that Williams Energy News Live has to offer! If you are receiving this le= tter for the first time and wish to continue, subscribe now To stop rece= iving this letter, unsubscribe now If you are having trouble receiving t= his e-mail, please let us know or call (800) WILLIAMS (800-945-5426) week= days, 7am-7pm CST. Comments? Suggestions? Let us know or call (800) W= ILLIAMS (800-945-5426) weekdays, 7am-7pm CST. Copyright 2001 Williams En= ergy News Live, LLC. All Rights Reserved. =09=09=09=09=09