NO. 2 HEATING OIL, N.Y. HARBOR - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/08/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 42,000 U.S. GALLONS)                   OPEN INTEREST:      177,270
COMMITMENTS
  14,691   23,457   27,662  105,962   97,699  148,315  148,818   28,955   28,452

CHANGES FROM 02/01/05 (CHANGE IN OPEN INTEREST:    -11,424)
  -4,951     -714   -1,929   -5,364  -11,655  -12,243  -14,298      819    2,874

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     8.3     13.2     15.6     59.8     55.1     83.7     83.9     16.3     16.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      120)
      20       29       32       58       65      101      104
 
 
NATURAL GAS - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/08/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(10,000 MMBTU'S)                                     OPEN INTEREST:      664,923
COMMITMENTS
  27,916   56,287  262,255  302,772  308,494  592,943  627,035   71,981   37,888

CHANGES FROM 02/01/05 (CHANGE IN OPEN INTEREST:     23,812)
   1,597    3,390   17,358    4,591    2,726   23,546   23,474      266      338

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     4.2      8.5     39.4     45.5     46.4     89.2     94.3     10.8      5.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      204)
      46       59       78       92       83      178      185
 
 
M-3 BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/08/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       64,533
COMMITMENTS
   4,119    2,444    1,209   52,198   57,522   57,526   61,175    7,007    3,358

CHANGES FROM 02/01/05 (CHANGE IN OPEN INTEREST:        606)
    -360   -1,644     -496    1,400    2,256      544      116       62      490

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     6.4      3.8      1.9     80.9     89.1     89.1     94.8     10.9      5.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       32)
       1        1        2       28       22       30       24
 
 
PG&E CITYGATE BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/08/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       37,420
COMMITMENTS
   2,125    4,361    2,531   28,794   27,041   33,450   33,933    3,970    3,487

CHANGES FROM 02/01/05 (CHANGE IN OPEN INTEREST:        797)
    -194      124      465    1,076     -196    1,347      393     -550      404

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     5.7     11.7      6.8     76.9     72.3     89.4     90.7     10.6      9.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       26)
       2        2        3       19       19       22       23
 
 
SUMAS BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/08/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       61,348
COMMITMENTS
   6,828        0    1,154   47,680   48,619   55,662   49,773    5,686   11,575

CHANGES FROM 02/01/05 (CHANGE IN OPEN INTEREST:      2,693)
       0     -321     -434    2,513    1,197    2,079      442      614    2,251

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    11.1      0.0      1.9     77.7     79.3     90.7     81.1      9.3     18.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       22)
       1        0        1       19       17       20       18
 
 
HENRY HUB GAS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/08/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:      936,999
COMMITMENTS
 236,820   61,933  164,567  518,967  702,213  920,354  928,713   16,645    8,286

CHANGES FROM 02/01/05 (CHANGE IN OPEN INTEREST:     23,997)
  -1,364   -2,681    9,385   16,337   16,235   24,358   22,939     -361    1,058

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    25.3      6.6     17.6     55.4     74.9     98.2     99.1      1.8      0.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      114)
      18        9       24       77       72      106       98
 
 
HENRY HUB PENULTIMATE GAS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/08/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:      104,723
COMMITMENTS
  17,677   31,248   29,073   53,545   42,571  100,295  102,892    4,428    1,831

CHANGES FROM 02/01/05 (CHANGE IN OPEN INTEREST:      4,751)
  -1,524    2,711    2,018    3,904      245    4,398    4,974      353     -223

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    16.9     29.8     27.8     51.1     40.7     95.8     98.3      4.2      1.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       41)
       9        7       10       22       23       36       35
 
 
PJM ELECTRICITY MONTHLY - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/08/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(40 MEGAWATT HOURS PER PEAK DAY)                     OPEN INTEREST:       38,615
COMMITMENTS
   4,707    6,985    6,160   27,178   25,400   38,045   38,545      570       70

CHANGES FROM 02/01/05 (CHANGE IN OPEN INTEREST:      2,049)
     581    2,159      220    1,345     -133    2,147    2,246      -97     -197

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    12.2     18.1     16.0     70.4     65.8     98.5     99.8      1.5      0.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       36)
       3        6        7       21       26       28       35
 
 
NYISO ZONE A LBMP SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/08/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS 0F 400 MEGAWATT HOURS)                    OPEN INTEREST:       19,029
COMMITMENTS
   1,896    2,106    1,665   15,468   15,258   19,029   19,029        0        0

CHANGES FROM 02/01/05 (CHANGE IN OPEN INTEREST:     -1,728)
    -299   -2,452      748   -2,177       18   -1,728   -1,686        0      -42

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    10.0     11.1      8.7     81.3     80.2    100.0    100.0      0.0      0.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       25)
       2        3        3       16       15       20       19
 
 
NYISO ZONE G LBMP SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/08/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS 0F 400 MEGAWATT HOURS)                    OPEN INTEREST:        8,580
COMMITMENTS
     218    4,736    1,048    7,314    2,796    8,580    8,580        0        0

CHANGES FROM 02/01/05 (CHANGE IN OPEN INTEREST:        958)
     -84    2,222     -298    1,340     -798      958    1,126        0     -168

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     2.5     55.2     12.2     85.2     32.6    100.0    100.0      0.0      0.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       22)
       1        3        3       13       11       16       15
 
 
CRUDE OIL, LIGHT SWEET - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/08/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 1,000 BARRELS)                         OPEN INTEREST:    1,157,287
COMMITMENTS
 101,934   43,332  282,135  708,727  749,011  1092796  1074478   64,490   82,808

CHANGES FROM 02/01/05 (CHANGE IN OPEN INTEREST:      5,350)
  -2,228   -1,511    5,463   -7,871  -10,716   -4,636   -6,764    9,986   12,114

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     8.8      3.7     24.4     61.2     64.7     94.4     92.8      5.6      7.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      240)
      73       62       90       84       87      200      204
 
 
PALLADIUM - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/08/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 100 TROY OUNCES)                       OPEN INTEREST:       13,322
COMMITMENTS
   7,576    2,387      473    2,551    9,336   10,600   12,196    2,722    1,126

CHANGES FROM 02/01/05 (CHANGE IN OPEN INTEREST:       -122)
      28      310     -177      -23     -318     -172     -185       50       63

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    56.9     17.9      3.6     19.1     70.1     79.6     91.5     20.4      8.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      117)
      62       20        5       10       23       76       47
 
 
PLATINUM - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/08/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 50 TROY OUNCES)                        OPEN INTEREST:        7,542
COMMITMENTS
   3,882      315       80    1,901    6,369    5,863    6,764    1,679      778

CHANGES FROM 02/01/05 (CHANGE IN OPEN INTEREST:       -407)
    -303       43       80     -225     -337     -448     -214       41     -193

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    51.5      4.2      1.1     25.2     84.5     77.7     89.7     22.3     10.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       50)
      22        5        1        6       17       28       23
 
 
UNLEADED GASOLINE, N.Y. HARBOR - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/08/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 42,000 U.S. GALLONS)                   OPEN INTEREST:      192,738
COMMITMENTS
  22,284    7,119   31,768  116,995  135,039  171,048  173,926   21,691   18,812

CHANGES FROM 02/01/05 (CHANGE IN OPEN INTEREST:      3,088)
  -4,391      565    1,900      745   -5,276   -1,745   -2,811    4,834    5,899

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    11.6      3.7     16.5     60.7     70.1     88.7     90.2     11.3      9.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      163)
      46       24       47       71       78      136      138
 

Updated February 11, 2005