NO. 2 HEATING OIL, N.Y. HARBOR - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 05/03/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 42,000 U.S. GALLONS)                   OPEN INTEREST:      199,310
COMMITMENTS
  25,536   25,075   37,568  104,596  113,091  167,699  175,734   31,610   23,576

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:     -8,054)
  -4,663     -431    2,893   -3,632   -7,617   -5,402   -5,155   -2,652   -2,898

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    12.8     12.6     18.8     52.5     56.7     84.1     88.2     15.9     11.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      125)
      31       26       33       59       58      109      101
 
 
NATURAL GAS - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 05/03/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(10,000 MMBTU'S)                                     OPEN INTEREST:      738,908
COMMITMENTS
  38,532   52,421  295,820  329,055  349,378  663,406  697,618   75,502   41,290

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:      9,065)
    -553    6,041    3,341    9,401   -3,474   12,189    5,908   -3,124    3,157

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     5.2      7.1     40.0     44.5     47.3     89.8     94.4     10.2      5.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      196)
      47       57       77       86       78      174      175
 
 
M-3 BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 05/03/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:      101,393
COMMITMENTS
  11,068      644    4,764   77,663   88,900   93,495   94,308    7,898    7,085

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:      1,511)
    -376   -2,288    3,006     -344      133    2,286      851     -775      660

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    10.9      0.6      4.7     76.6     87.7     92.2     93.0      7.8      7.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       32)
       2        1        2       17       25       20       27
 
 
TCO BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 05/03/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       52,900
COMMITMENTS
   8,860    9,434      604   40,235   35,274   49,699   45,312    3,201    7,588

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:     -4,286)
   1,498   -2,230        0   -5,284   -4,105   -3,786   -6,335     -500    2,049

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    16.7     17.8      1.1     76.1     66.7     93.9     85.7      6.1     14.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       20)
       1        3        1       12       11       14       14
 
 
MALIN BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 05/03/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       45,387
COMMITMENTS
   2,510    2,851    2,860   33,885   36,644   39,255   42,355    6,132    3,032

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:        587)
   2,510   -1,320     -279     -866    3,224    1,365    1,625     -778   -1,038

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     5.5      6.3      6.3     74.7     80.7     86.5     93.3     13.5      6.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       20)
       1        2        3       15       15       18       18
 
 
PG&E CITYGATE BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 05/03/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       52,280
COMMITMENTS
   6,710   12,083    2,255   39,470   33,840   48,435   48,178    3,845    4,102

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:     -4,892)
   2,142    5,561   -2,609   -3,315   -5,264   -3,782   -2,312   -1,110   -2,580

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    12.8     23.1      4.3     75.5     64.7     92.6     92.2      7.4      7.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       28)
       2        3        3       19       19       23       23
 
 
SUMAS BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 05/03/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       62,394
COMMITMENTS
       0    3,154    4,449   46,738   45,101   51,187   52,704   11,207    9,690

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:        706)
       0      242     -186     -318      106     -504      162    1,210      544

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     0.0      5.1      7.1     74.9     72.3     82.0     84.5     18.0     15.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       26)
       0        2        2       19       20       21       22
 
 
DOMINION BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 05/03/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       69,429
COMMITMENTS
  36,508   18,818      120   28,103   47,138   64,731   66,076    4,698    3,353

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:     -1,957)
     346    2,630      120   -2,663   -4,490   -2,197   -1,740      240     -217

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    52.6     27.1      0.2     40.5     67.9     93.2     95.2      6.8      4.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       22)
       2        1        1       15       16       17       18
 
 
HENRY HUB GAS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 05/03/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:      964,588
COMMITMENTS
 274,338   74,025  138,729  528,085  737,287  941,152  950,041   23,436   14,547

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:    -36,895)
     238    2,847   -5,908  -30,846  -36,962  -36,516  -40,023     -379    3,128

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    28.4      7.7     14.4     54.7     76.4     97.6     98.5      2.4      1.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      120)
      22        8       29       81       77      114      107
 
 
HENRY HUB PENULTIMATE GAS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 05/03/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:      130,899
COMMITMENTS
  18,883   53,319   24,284   83,577   50,254  126,744  127,857    4,155    3,042

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:    -27,070)
 -10,440    7,477   -9,665   -4,825   -8,261  -24,930  -10,449   -2,140  -16,621

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    14.4     40.7     18.6     63.8     38.4     96.8     97.7      3.2      2.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       43)
       8       10       15       23       23       39       40
 
 
PJM ELECTRICITY MONTHLY - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 05/03/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(40 MEGAWATT HOURS PER PEAK DAY)                     OPEN INTEREST:       58,459
COMMITMENTS
  16,634    2,803   12,752   28,522   42,836   57,908   58,390      551       69

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:        556)
   2,343    1,578   -1,124     -971       93      249      547      307        9

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    28.5      4.8     21.8     48.8     73.3     99.1     99.9      0.9      0.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       42)
       4        4        7       32       30       39       38
 
 
NYISO ZONE A LBMP SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 05/03/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS 0F 400 MEGAWATT HOURS)                    OPEN INTEREST:       21,990
COMMITMENTS
   2,042      643    1,591   18,075   18,965   21,708   21,199      282      791

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:       -849)
    -419      318     -190     -284   -1,021     -893     -893       44       44

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     9.3      2.9      7.2     82.2     86.2     98.7     96.4      1.3      3.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       27)
       2        2        4       17       18       21       22
 
 
NYISO ZONE G LBMP SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 05/03/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS 0F 400 MEGAWATT HOURS)                    OPEN INTEREST:        8,719
COMMITMENTS
     172    5,474      856    7,691    2,389    8,719    8,719        0        0

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:       -693)
     -84     -845        0     -609      152     -693     -693        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     2.0     62.8      9.8     88.2     27.4    100.0    100.0      0.0      0.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       20)
       1        3        2       11        7       14       10
 
 
ISO NEW ENGLAND LMP SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 05/03/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(40 MEGAWATT HOURS PER PEAK DAY)                     OPEN INTEREST:        9,220
COMMITMENTS
   3,500    2,560    1,640    3,720    4,540    8,860    8,740      360      480

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:          .)
       .        .        .        .        .        .        .        .        .

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    38.0     27.8     17.8     40.3     49.2     96.1     94.8      3.9      5.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       22)
       3        2        4       14       14       19       18
 
 
CRUDE OIL, LIGHT SWEET - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 05/03/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 1,000 BARRELS)                         OPEN INTEREST:    1,322,143
COMMITMENTS
 114,966   67,883  357,785  780,672  811,459  1253423  1237127   68,720   85,016

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:     45,878)
 -15,156    7,605   29,932   26,571    3,096   41,347   40,633    4,531    5,245

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     8.7      5.1     27.1     59.0     61.4     94.8     93.6      5.2      6.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      282)
      72      106      130       87       90      237      254
 
 
PALLADIUM - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 05/03/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 100 TROY OUNCES)                       OPEN INTEREST:       13,235
COMMITMENTS
   8,586    2,773      319    1,563    9,435   10,468   12,527    2,767      708

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:       -146)
    -154       97      169      108     -581      123     -315     -269      169

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    64.9     21.0      2.4     11.8     71.3     79.1     94.7     20.9      5.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      118)
      63       18        7       11       25       79       48
 
 
PLATINUM - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 05/03/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 50 TROY OUNCES)                        OPEN INTEREST:        8,729
COMMITMENTS
   5,898    1,204       93      865    6,695    6,856    7,992    1,873      738

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:       -460)
    -356      126       88      -29     -612     -297     -398     -163      -62

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    67.6     13.8      1.1      9.9     76.7     78.5     91.5     21.5      8.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       54)
      25        8        2        5       18       31       27
 
 
UNLEADED GASOLINE, N.Y. HARBOR - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 05/03/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 42,000 U.S. GALLONS)                   OPEN INTEREST:      187,265
COMMITMENTS
  31,975    9,209   36,184  101,492  126,985  169,651  172,378   17,613   14,887

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:    -13,296)
  -5,089    1,434   -1,125   -2,195  -10,171   -8,410   -9,862   -4,886   -3,434

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    17.1      4.9     19.3     54.2     67.8     90.6     92.1      9.4      7.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      168)
      51       29       49       63       77      137      135
 

Updated May 6, 2005