NO. 2 HEATING OIL, N.Y. HARBOR - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY 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:      171,362
COMMITMENTS
  25,276   24,412   22,555   93,541  102,338  141,372  149,305   29,990   22,057

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:     -9,753)
  -4,584   -1,718    2,671   -4,924   -7,471   -6,837   -6,518   -2,916   -3,235

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    14.8     14.2     13.2     54.6     59.7     82.5     87.1     17.5     12.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      123)
      29       26       33       59       57      109       98
 
 
NATURAL GAS - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY 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:      471,994
COMMITMENTS
  35,196   54,236  150,999  215,984  230,578  402,179  435,813   69,815   36,181

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:     -9,318)
  -1,515    9,163  -10,732    5,471  -11,485   -6,776  -13,054   -2,542    3,736

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     7.5     11.5     32.0     45.8     48.9     85.2     92.3     14.8      7.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      186)
      36       60       67       83       72      160      162
 
 
M-3 BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY 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 TRADERS
    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
FUTURES ONLY 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 TRADERS
    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
FUTURES ONLY 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 TRADERS
     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
FUTURES ONLY 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 TRADERS
    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
FUTURES ONLY 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 TRADERS
     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
FUTURES ONLY 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 TRADERS
    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
FUTURES ONLY 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 TRADERS
    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
FUTURES ONLY 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 TRADERS
    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
FUTURES ONLY 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:       56,036
COMMITMENTS
  17,058    2,760   11,153   27,274   42,054   55,485   55,967      551       69

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:        623)
   2,540    1,500   -1,110   -1,114      224      316      614      307        9

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    30.4      4.9     19.9     48.7     75.0     99.0     99.9      1.0      0.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       42)
       4        4        7       32       29       39       37
 
 
NYISO ZONE A LBMP SWAP - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY 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 TRADERS
     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
FUTURES ONLY 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 TRADERS
     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
FUTURES ONLY 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 TRADERS
    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
FUTURES ONLY 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:      810,793
COMMITMENTS
 107,003   98,600  134,592  511,576  502,606  753,171  735,798   57,622   74,995

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:        291)
 -14,603    3,002    8,940    3,191  -17,626   -2,472   -5,684    2,763    5,975

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    13.2     12.2     16.6     63.1     62.0     92.9     90.8      7.1      9.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      264)
      63       97      100       86       86      213      225
 
 
PALLADIUM - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY 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 TRADERS
    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
FUTURES ONLY 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:        8,684
COMMITMENTS
   5,898    1,167       93      843    6,695    6,834    7,955    1,850      729

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:       -496)
    -356       89       88      -51     -612     -319     -435     -177      -61

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    67.9     13.4      1.1      9.7     77.1     78.7     91.6     21.3      8.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       54)
      25        8        2        4       18       30       27
 
 
UNLEADED GASOLINE, N.Y. HARBOR - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY 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:      146,520
COMMITMENTS
  33,496    7,350    9,737   89,092  117,159  132,325  134,246   14,195   12,274

CHANGES FROM 04/26/05 (CHANGE IN OPEN INTEREST:    -13,234)
  -4,923      148     -283   -3,949  -10,478   -9,155  -10,613   -4,079   -2,621

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    22.9      5.0      6.6     60.8     80.0     90.3     91.6      9.7      8.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      158)
      50       21       37       61       73      127      118
 

Updated May 6, 2005