text_combined: tw bullets 12 8 transport options response recent ferc filing technical conference scheduled washington c january 9 2001 fuel hedge gas prices running record highs hedged 5 000 mmbtu fuel calendar 2002 4 50 unwound following day market dipped allowing us book small gain excess 100 000 expect prices jump next week oncoming cold snap likely reset hedge higher numbers pnm tw response pnm request transport proposal went week paying max rates east east contract indicated us feel rates currently supported market tw however disagrees response leaves current rate structure place two additional tiers volumetric incentive pricing volume increases rates go addition added seasonal rate proposal helps meet swing gas demand requirements albuquerque lateral ena meeting ipp plant owners albuquerque region would like see alternative sources gas supply besides local utility operators expand plant peaking unit combined cycle unit potentially enough load justify new delivery lateral tw mainline part deal structure may include volume incentive rate throughput increases lateral next step tw build rate matrix several different operating scenarios responses due ena friday 12 15 black mesa project continue evaluate potential converting black mesa coal slurry line owned northern border gas service big advantage tw increase capacity bring san juan gas california border also positive environmental play black mesa coal slurry along mohave coal pollution affecting grand canyon whole project contingent several factors least working mohave generating station majority owner aes 70 convert plant gas working navajo could lose large export market coal ena agreed approach aes project near future negotiations las vegas power plant complete legal checking existing row see limitations pipe usage burlington claim assembling volume revenue impact figures november train derailment submission burlington claims adjusters combined total operations costs