Message-ID: <31366605.1075854837761.JavaMail.evans@thyme>
Date: Wed, 5 Sep 2001 06:17:40 -0700 (PDT)
From: m..presto@enron.com
To: rogers.herndon@enron.com
Subject: RE: Shell Exits Retail Markets in OH and TX
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My understanding is that Shell can put them back to Calpine.   Remember, the deal was an all-requirements supply deal for all of Shell's retail obligations in ERCOT which are now zero.

 -----Original Message-----
From: 	Herndon, Rogers  
Sent:	Wednesday, September 05, 2001 8:05 AM
To:	Presto, Kevin M.; Gilbert-smith, Doug
Subject:	Shell Exits Retail Markets in OH and TX

Kevin/Doug

I am sure you saw this article y-day.  Very intereting.  I think TXU is succesfully driving retail players away from ERCOT.  I wonder what will happen with all of those Calpine MW?