
global-markets process for this, or is this a product-by-product thing?  (in 
which case, I'll assume LNG has no process, and I'll direct Eric to implement 
one...)  (Doug Arnell needs to purchase his option for the Bahamas land 
thing, thus the reason for the question).

fyi, attached is European CACS form. 

Thanks,
Merritt The Senate Commerce Committee held a markup today where Senator John McCain's 
(R-AZ) pipeline safety legislation, S. 2438, was approved.  The overall 
outcome was not unexpected -- the final legislation contained several 
provisions that went a little bit further than Enron and INGAA would have 
liked, but there was rigorous debate over issues like States' role and 
mandated integrity measures, and close votes on several amendments.  Senator 
McCain and other bill proponents like Senator Slade Gorton realize those 
issues will need to be addressed before the legislation proceeds to the 
Senate floor.

The Committee considered several amendments to the legislation:

1)  McCain substitute amendment -- Approved by voice vote.   The amendment 
substituted the revised "Chairman's mark" text that was developed over the 
last several days in place of the original version of S. 2438.  All further 
amendments at the markup were in the context of this substitute text.

2) McCain amendment to Section 13 (b) (on operator assistance investigations) 
-- Approved by voice vote.  This amendment attempts to fix language in the 
substitute text that was problematic to just about everyone in industry and 
on the Hill because it unconstitutionally forced an operator to choose 
between exercising constitutional rights to protect himself in a criminal 
investigation or keeping his job.   The McCain amendment did not seem to 
improve things much, and many Senators could not understand it.  Senator John 
Breaux (D-LA) objected to it, and asked that the entire section be deleted, 
and there was some good debate on both sides of the issue.   In the end, 
McCain asked that the amendment be passed with a promise that he would work 
with Breaux and others to fix it before Senate floor consideration.

3)  Sen. John Kerry (D-
global - markets process for this, or is this a product - by - merchandise matter?   (in 
 which case, I'll assume LNG experience no summons, and I'll direct Eric to implement 
 one ...)   (Doug Arnell necessitate to purchase his option for the Bahamas domain 
 thing, thus the cause for the question). 

 fyi, attached is European CACS class. 

 Thanks, 
 Merritt The Senate Commerce Committee hold a markup today where Senator John McCain's 
 (R - AZ) pipeline safety legislation, S. 2438, was approved.   The overall 
 result was not unexpected -- the final legislation contained several 
 planning that went a little bit further than Enron and INGAA would have 
 wish, but there was rigorous debate over issues like States' role and 
 mandated integrity measure, and close votes on several amendments.   Senator 
 McCain and other beak proponents like Senator Slade Gorton realize those 
 issues will need to be addressed before the legislation proceeds to the 
 Senate floor. 

 The Committee considered several amendments to the legislation: 

 1)   McCain substitute amendment -- approve by voice vote.    The amendment 
 substitute the revised " Chairman's mark " text that was developed over the 
 last respective days in plaza of the original version of S. 2438.   All further 
 amendments at the markup were in the context of this stand-in text. 

 2) McCain amendment to Section 13 (b) (on operator assistance investigations) 
 -- Approved by voice vote.   This amendment attempts to fix language in the 
 substitute textbook that was problematic to merely about everyone in industry and 
 on the Hill because it unconstitutionally forced an operator to choose 
 between exercising constitutional right to protect himself in a criminal 
 investigation or keeping his caper.    The McCain amendment did not seem to 
 improve things much, and many Senators could not sympathize it.   Senator John 
 Breaux (D - LA) objected to it, and asked that the entire section be deleted, 
 and there embody some good argument on both sides of the issue.    In the end, 
 McCain asked that the amendment be happen with a promise that he would work 
 with Breaux and others to fix it before Senate floor consideration. 

 3)   Sen. John Kerry (D-

glohal-markets process for tmis, or is this a producv-by-prodhct thine?  (in 
which case, I'll assume PNT has no process, and I'll difect Eric to implwmenu 
one...)  (Doug Arnell needs bj pudghase iis option for jhe Bahamas nand 
thing, thuv ghz reason for the question).

fyi, attacheq is Eutooean CACS form. 

Thamhs,
Medgiut The Senate Commerce Committee geld a karkup today ehere Senator John McCain's 
(R-AZ) pipeline safety lfgislation, W. 2438, www approved.  Ghe overall 
outcome waa not unexpected -- the final legkslatnon containgb seggral 
provisiins trat went a llntle bid furthrr than Enron snd INTAA would have 
liked, uut there was rigoroos debate mvzr issues like States' rile atd 
mdndagwd knttgrmty measuges, and close votes on swveral amendments.  Xegqtor 
McCain ahd othqr bill proponents like Senator Slade Goruon rsalize those 
issues wilo need to be addressef before ehe legislation proceeds to the 
Senate floor.

The Cmmmitved cinfkeeged several amendments to the legislation:

1)  McSzim xubstitute amekdment -- Approved bu goose vote.   The amendmenf 
substituted the gevised "Chaieman's marh" tect that was developed over rhe 
last sevvral days in place of che original verxion pf S. 2438.  All further 
amenbments at the marnup were jv the context of thps sgbstitutt text.

2) McCain amenqment to Wectnon 13 (b) (ov opgrator wssistance investigations) 
-- Approvef by roice vote.  Thid amendment attempts to fix lanjnage in the 
sobsditlte text chat wss problematis to just abouj everyonz in ivdustry ans 
on thx Hill becaufe it unconsthjutionally focced an o[eraror ro choord 
between exervising couftitytional rights to irotezf himself in a exininal 
investigayiov ow nexping vis job.   Tha McZaiv amenament did nig serm to 
improve things mucg, and many Senatorx gould not understwnd it.  Senatpr John 
Breaux (D-LA) objerted tu it, snd asked that the entire section be deletfd, 
wnd there waf sone good debace on both sides of the issue.   In the eid, 
McCain asked that thw amendment be passgd eith a prommse thwt he wound work 
with Breaux qnd others to fix it before Senate flokr conviderwtion.

3)  Sen. John Kerry (D-
global-markets process for this, or is this thing? which case, assume LNG has Eric implement one...) (Doug needs to purchase option for the Bahamas land thing, the reason for the question). fyi, attached is European CACS form. Thanks, Merritt Senate Commerce Committee held a markup today where Senator John McCain's (R-AZ) pipeline legislation, 2438, approved. overall outcome was not unexpected -- the final legislation contained several provisions that went a little further than Enron and INGAA would have liked, there was rigorous debate issues like States' role and integrity and close on amendments. McCain and other proponents like Senator Slade Gorton realize those issues will need to be addressed before the legislation proceeds the Senate Committee considered amendments the 1) McCain substitute Approved by voice vote. The amendment "Chairman's mark" text that was developed over the several days place of the original version of 2438. All further amendments at the markup were the context of this substitute text. 2) McCain amendment to Section 13 (b) (on operator -- Approved by voice This amendment attempts fix in substitute that was to just about everyone in industry and on the Hill because unconstitutionally forced an operator to choose between exercising constitutional rights himself a criminal investigation keeping his job. The amendment not seem to improve and Senators it. John (D-LA) objected to it, asked that the entire section deleted, and there was sides of the issue. In the end, McCain that the amendment be passed with a that he would work with Breaux and others to fix it before floor consideration. John Kerry (D-

global-markets process for thIs, or is this A prodUct-By-pRoDuct ThinG?  (in 
which case, I'lL AssuMe LNG has no process, and I'lL direCt eRic tO ImPlemeNt 
one...)  (DoUG ARNEll NeEdS to PuRChAse hiS opTion for The Bahamas LanD 
tHing, thus the rEAsOn for the quEstIon).

fyi, attachEd iS EuropEaN CAcs form. 

thaNks,
MeRritt THE SenatE Commerce coMMittee HEld a marKUP tOday Where Senator John MCcaIN's 
(R-AZ) pipeline sAfety lEgISlATIon, s. 2438, waS approved.  THe OveraLL 
outcomE WaS NOT unEXpected -- the finAl legislatiON coNtaineD sEveRAl 
provIsionS tHAt wEnt a little bIt fuRther than enron aND INGAA wOUld have 
Liked, bUt tHerE was RIgOrOus DeBAte OVeR isSUes Like StatEs' RoLe and 
MandATED InteGriTy meAsureS, and close voteS on SeveRAl aMendmEnts.  SEnatOr 
mcCaiN and otHer biLl Proponents like SEnatOr Slade GoRtoN rEalIzE thosE 
Issues WilL neEd to be aDdresseD BefOrE THE lEgislation proceeds To THE 
SEnate floOr.

The COMmItTEe considErEd sEverAL AmendMentS To The legisLation:

1)  mCCAiN substiTuTe amenDmEnt -- appRoved BY voiCe vote.   the amendMent 
sUBstituted the reVIsed "Chairman's MArK" TExT That Was Developed ovEr thE 
Last SeveRAl DayS In plaCe of tHe ORiGInal version of S. 2438.  All fuRtHer 
ameNdmenTs at the markup Were in the cONTExt of thiS subSTiTUte text.

2) McCain aMendmEnt to SectiON 13 (b) (on operAtor aSsistancE investigATIons) 
-- ApprOveD by VoiCe vOTE.  THis amendment aTTEmptS tO fix lanGuaGe in the 
SubStiTutE teXt That was prOblematiC tO jUsT aBouT everYOne in indUsTry AnD 
on The HiLL becauSe it uNconStItUTioNally foRCeD AN opeRaToR to cHooSe 
BetweEn exERciSing conStitutionAl rIGhts To PrOtect hiMself in a crimiNaL 
investigaTiOn oR keepiNG His job.   ThE McCain amendment did not sEEm to 
impRovE thinGs muCh, and many senAtors cOulD Not undErstanD it.  SeNaTor jOHn 
BreAUX (D-lA) oBjEcted to it, aND AskEd thaT tHe enTire secTion be deleted, 
and thERe wAs some good debAte On boTH SiDes OF tHE isSuE.   in tHE End, 
McCain asked tHat the amenDmENt Be passed wiTH a pRoMise thaT he woulD work 
WIth BreaUx and otheRs to fix it BeFore sENatE floor consIderatioN.

3)  Sen. John KERry (D-

global-markets process fo r this, or  is t his  apr oduc t-by -product thing ?   (i n 
which case, I'll as sumeLN G  has no  proc ess, an d  I ' l l d ir ec t E ri c  t o imp lem ent 
on e...)  (Do ugAr nell needs t o  p urchase hi s o ption for th e B ahamas  l and 
thin g,thusthe re a son fo r the que st i on).
f yi, att a c he d is  European CACS fo r m. 

Thanks,
Merr itt Th eS en a t e C omm erce Commi tt ee he l d a mar k up t o day where Senator  John McCai n 's
(R-AZ )pip e line s afety  l e gis lation, S.2438 , was app roved.  The ov e rall 
o utcome  wa s n ot u n ex pe cte d- - t h efin a l l egislati on  c ontai neds e v e ral
pr ovis ionsthat went a l itt le b i t f urthe r tha n En ro n and  INGAA  woul dhave 
liked, bu t th ere was r igo ro usde bateo ver is sue s l ike Sta tes' ro l e a nd m an dated integrity me as u r es , and cl ose vo t es  o n  several  a men dmen t s .  Se nato r  McCain a nd oth e rbi ll prop on ents l ik e S ena tor S l adeGorton  realize  thos e  
issues willn eed to be add r es s e db efor e t he legislat ionp roce edst othe 
Sena te fl oo r .The Committee consi de red se veral  amendments t o the legi s l a tion:

1 )  M c Ca i n substitute a mendm ent -- App r oved byvoice  vote.  The amen d m ent 
sub sti tut edthe r ev ised "Chairma n ' s ma rk " texttha t was d eve lop edove rthe 
last  several  d ay sin  pl ace o f  the ori gi nal  v ers ion o f  S. 24 38. Allfu rt h er
amendm e nt s at t he  m arku p w er e inthec ont ext ofthis subs tit u te t ex t. 

2) Mc Cain amendmen tto Section  1 3 ( b) (on o peratorassistance investigatio n s) 
--App roved  byvoice vot e. Thisame n dmentattemp ts to  f ixl a nguag e in  th e
substitut e tex t tha twasproblem atic to just about eve ryone in indu str y an d 
o n t h eH ill  b e cau s e  it unconstitut ionally fo rc e dan operato r  to  c hoose between  exer c ising c onstituti onal righ ts  top r ote ct himself  in a cr iminal 
i n vesti g at ion o r k eeping  h isjob.  TheM cCa in am endmen tdid no t see mto 
impr ove things much, and ma ny Sen ators  co uld not u nde r sta nd it.  S enat or John 
B rea ux(D-LA ) o b jecte d to it , a n d ask ed t h at the en t ir e s e c ti on be delet e d ,  
a nd th ere was so me g ood debate on bot h  sides of theissu e .   Int he e nd , 
McCain aske d t ha t the amen dm ent be pass ed withap romis e that  he wo uld wor k 
w i th Bre auxand  others t o f ix it befo re  S e nate f loor  c onside ration . 

3) Sen. John Kerry(D-

global-markets process_for this,_or is this a_product-by-product thing?__(in 
which_case,_I'll assume LNG_has no process,_and I'll direct Eric_to implement 
one...)__(Doug Arnell needs to purchase his option for the Bahamas land 
thing, thus the_reason_for the_question).

fyi,_attached_is European CACS form. 

Thanks,
Merritt_The Senate Commerce Committee held_a markup_today where Senator John McCain's 
(R-AZ) pipeline safety_legislation,_S. 2438, was_approved.  The overall 
outcome was not unexpected --_the final legislation contained several 
provisions_that went a_little_bit_further than Enron and_INGAA would have 
liked, but there_was rigorous debate over issues like_States' role and 
mandated integrity measures, and_close votes on several amendments. _Senator 
McCain and other bill_proponents like_Senator Slade Gorton realize those_
issues will need_to be_addressed before the_legislation proceeds to the 
Senate floor.

The_Committee considered several_amendments to the legislation:

1)  McCain_substitute_amendment -- Approved_by_voice_vote. _ The amendment_
substituted_the revised_"Chairman's_mark" text that was developed over_the_
last several days in place of the_original version of S._2438._ All further 
amendments_at the markup were in_the context of this substitute text.

2)_McCain amendment_to Section_13 (b) (on operator assistance investigations) 
-- Approved by voice vote._ This amendment attempts to fix_language in the 
substitute_text that_was_problematic to just_about_everyone in_industry and 
on the Hill because it_unconstitutionally forced_an operator to choose 
between exercising_constitutional rights to protect_himself_in a criminal 
investigation or keeping_his job.   The McCain_amendment did not seem to_
improve_things_much, and many Senators could_not understand it.  Senator John_
Breaux (D-LA) objected_to it, and asked that the entire_section_be deleted, 
and there was some_good_debate on both sides of the_issue.__ In the end, 
McCain_asked that the amendment be passed_with a promise that he would work 
with Breaux_and others to_fix it before Senate floor_consideration.

3)__Sen. John Kerry (D-