NO. 2 HEATING OIL, N.Y. HARBOR - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/01/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 42,000 U.S. GALLONS)                   OPEN INTEREST:      188,694
COMMITMENTS
  19,642   24,171   29,591  111,325  109,354  160,558  163,116   28,136   25,578

CHANGES FROM 01/25/05 (CHANGE IN OPEN INTEREST:    -25,576)
   1,730    1,538  -12,498  -13,692  -10,407  -24,460  -21,368   -1,116   -4,208

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    10.4     12.8     15.7     59.0     58.0     85.1     86.4     14.9     13.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      131)
      25       31       36       56       69      109      111
 
 
NATURAL GAS - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/01/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(10,000 MMBTU'S)                                     OPEN INTEREST:      641,111
COMMITMENTS
  26,319   52,897  244,896  298,181  305,768  569,396  603,561   71,715   37,550

CHANGES FROM 01/25/05 (CHANGE IN OPEN INTEREST:    -50,091)
      24   -7,003  -23,386  -28,366  -21,089  -51,727  -51,478    1,637    1,387

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     4.1      8.3     38.2     46.5     47.7     88.8     94.1     11.2      5.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      193)
      47       51       75       90       82      172      176
 
 
M-3 BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/01/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       63,927
COMMITMENTS
   4,479    4,088    1,705   50,798   55,266   56,982   61,059    6,945    2,868

CHANGES FROM 01/25/05 (CHANGE IN OPEN INTEREST:     -6,187)
   1,036        0   -1,036   -7,809   -5,669   -7,809   -6,705    1,622      518

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     7.0      6.4      2.7     79.5     86.5     89.1     95.5     10.9      4.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       32)
       1        1        2       26       23       28       25
 
 
TCO BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/01/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       44,981
COMMITMENTS
   1,906    2,464    1,604   37,994   35,676   41,504   39,744    3,477    5,237

CHANGES FROM 01/25/05 (CHANGE IN OPEN INTEREST:         28)
       0        0        0      -84      168      -84      168      112     -140

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     4.2      5.5      3.6     84.5     79.3     92.3     88.4      7.7     11.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       23)
       1        2        2       15       15       17       18
 
 
PG&E CITYGATE BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/01/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       36,623
COMMITMENTS
   2,319    4,237    2,066   27,718   27,237   32,103   33,540    4,520    3,083

CHANGES FROM 01/25/05 (CHANGE IN OPEN INTEREST:       -531)
    -244    1,034       44      -13   -2,292     -213   -1,214     -318      683

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     6.3     11.6      5.6     75.7     74.4     87.7     91.6     12.3      8.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       23)
       2        2        3       18       16       21       20
 
 
SUMAS BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/01/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       58,655
COMMITMENTS
   6,828      321    1,588   45,167   47,422   53,583   49,331    5,072    9,324

CHANGES FROM 01/25/05 (CHANGE IN OPEN INTEREST:     -1,772)
   1,508     -224     -224   -4,444     -394   -3,160     -842    1,388     -930

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    11.6      0.5      2.7     77.0     80.8     91.4     84.1      8.6     15.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       24)
       1        1        2       19       17       21       19
 
 
HENRY HUB GAS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/01/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:      913,002
COMMITMENTS
 238,184   64,614  155,182  502,630  685,978  895,996  905,774   17,006    7,228

CHANGES FROM 01/25/05 (CHANGE IN OPEN INTEREST:    -18,508)
   9,061    6,049    1,505  -32,236  -27,389  -21,670  -19,835    3,162    1,327

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    26.1      7.1     17.0     55.1     75.1     98.1     99.2      1.9      0.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      113)
      17       12       24       75       71      105       97
 
 
HENRY HUB PENULTIMATE GAS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/01/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       99,972
COMMITMENTS
  19,201   28,537   27,055   49,641   42,326   95,897   97,918    4,075    2,054

CHANGES FROM 01/25/05 (CHANGE IN OPEN INTEREST:     -6,406)
 -19,247   -6,485    6,678    7,673   -7,287   -4,896   -7,094   -1,510      688

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    19.2     28.5     27.1     49.7     42.3     95.9     97.9      4.1      2.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       38)
       8        6        9       21       20       33       31
 
 
PJM ELECTRICITY MONTHLY - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/01/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(40 MEGAWATT HOURS PER PEAK DAY)                     OPEN INTEREST:       36,566
COMMITMENTS
   4,125    4,826    5,940   25,834   25,534   35,899   36,299      668      267

CHANGES FROM 01/25/05 (CHANGE IN OPEN INTEREST:     -1,263)
    -624    1,292      -67   -1,099   -2,575   -1,791   -1,350      529       88

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    11.3     13.2     16.2     70.6     69.8     98.2     99.3      1.8      0.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       34)
       3        5        6       21       25       27       33
 
 
NYISO ZONE A LBMP SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/01/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS 0F 400 MEGAWATT HOURS)                    OPEN INTEREST:       20,757
COMMITMENTS
   2,195    4,558      917   17,645   15,240   20,757   20,715        0       42

CHANGES FROM 01/25/05 (CHANGE IN OPEN INTEREST:         46)
      92        0        0      -46        4       46        4        0       42

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    10.6     22.0      4.4     85.0     73.4    100.0     99.8      0.0      0.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       26)
       3        2        2       17       15       20       19
 
 
NYISO ZONE G LBMP SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/01/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS 0F 400 MEGAWATT HOURS)                    OPEN INTEREST:        7,622
COMMITMENTS
     302    2,514    1,346    5,974    3,594    7,622    7,454        0      168

CHANGES FROM 01/25/05 (CHANGE IN OPEN INTEREST:         86)
       0     -172      172      -86      -82       86      -82        0      168

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     4.0     33.0     17.7     78.4     47.2    100.0     97.8      0.0      2.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       21)
       1        3        3       11       11       14       15
 
 
CRUDE OIL, LIGHT SWEET - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/01/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 1,000 BARRELS)                         OPEN INTEREST:    1,151,937
COMMITMENTS
 104,162   44,843  276,672  716,598  759,727  1097432  1081242   54,504   70,694

CHANGES FROM 01/25/05 (CHANGE IN OPEN INTEREST:     41,694)
   2,727    4,816   15,734   27,295   24,230   45,756   44,781   -4,062   -3,087

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     9.0      3.9     24.0     62.2     66.0     95.3     93.9      4.7      6.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      245)
      65       75       95       84       89      206      209
 
 
PALLADIUM - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/01/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 100 TROY OUNCES)                       OPEN INTEREST:       13,444
COMMITMENTS
   7,548    2,077      650    2,574    9,654   10,772   12,381    2,672    1,063

CHANGES FROM 01/25/05 (CHANGE IN OPEN INTEREST:        497)
     -57       65      477       52      -20      472      522       25      -25

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    56.1     15.4      4.8     19.1     71.8     80.1     92.1     19.9      7.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      119)
      64       17        8       10       23       82       46
 
 
PLATINUM - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/01/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 50 TROY OUNCES)                        OPEN INTEREST:        7,949
COMMITMENTS
   4,185      272        0    2,126    6,706    6,311    6,978    1,638      971

CHANGES FROM 01/25/05 (CHANGE IN OPEN INTEREST:        614)
     855      -25        0     -273      429      582      404       32      210

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    52.6      3.4      0.0     26.7     84.4     79.4     87.8     20.6     12.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       50)
      23        4        0        7       16       30       20
 
 
UNLEADED GASOLINE, N.Y. HARBOR - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/01/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 42,000 U.S. GALLONS)                   OPEN INTEREST:      189,650
COMMITMENTS
  26,675    6,554   29,868  116,250  140,315  172,793  176,737   16,857   12,913

CHANGES FROM 01/25/05 (CHANGE IN OPEN INTEREST:    -10,273)
   1,190      563   -3,391   -7,680   -5,732   -9,881   -8,560     -393   -1,714

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    14.1      3.5     15.7     61.3     74.0     91.1     93.2      8.9      6.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      163)
      49       18       40       69       82      133      130
 

Updated February 4, 2005