NO. 2 HEATING OIL, N.Y. HARBOR - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 05/10/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 42,000 U.S. GALLONS)                   OPEN INTEREST:      176,445
COMMITMENTS
  27,289   22,953   22,103   94,166  107,052  143,558  152,108   32,887   24,337

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:      5,083)
   2,013   -1,459     -452      625    4,714    2,186    2,803    2,897    2,280

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    15.5     13.0     12.5     53.4     60.7     81.4     86.2     18.6     13.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      125)
      31       25       28       62       60      110       97
 
 
NATURAL GAS - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 05/10/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(10,000 MMBTU'S)                                     OPEN INTEREST:      473,695
COMMITMENTS
  33,450   58,377  146,464  222,430  230,715  402,344  435,556   71,351   38,139

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:      1,701)
  -1,746    4,141   -4,535    6,446      137      165     -257    1,536    1,958

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     7.1     12.3     30.9     47.0     48.7     84.9     91.9     15.1      8.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      185)
      38       58       60       84       73      158      157
 
 
M-3 BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 05/10/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:      103,462
COMMITMENTS
   8,556    8,768      842   85,496   83,535   94,894   93,145    8,568   10,317

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:      2,069)
  -2,512    8,124   -3,922    7,833   -5,365    1,399   -1,163      670    3,232

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     8.3      8.5      0.8     82.6     80.7     91.7     90.0      8.3     10.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       31)
       1        2        1       18       24       20       26
 
 
TCO BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 05/10/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       53,634
COMMITMENTS
   8,860    9,434      604   40,969   36,008   50,433   46,046    3,201    7,588

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:        734)
       0        0        0      734      734      734      734        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    16.5     17.6      1.1     76.4     67.1     94.0     85.9      6.0     14.1

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 05/10/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       47,138
COMMITMENTS
   1,483    5,063    2,785   37,523   36,562   41,791   44,410    5,347    2,728

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:      1,751)
  -1,027    2,212      -75    3,638      -82    2,536    2,055     -785     -304

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     3.1     10.7      5.9     79.6     77.6     88.7     94.2     11.3      5.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       22)
       1        2        1       18       15       19       18
 
 
PG&E CITYGATE BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 05/10/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       55,940
COMMITMENTS
   6,774   11,243    2,397   43,233   38,141   52,404   51,781    3,536    4,159

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:      3,660)
      64     -840      142    3,763    4,301    3,969    3,603     -309       57

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    12.1     20.1      4.3     77.3     68.2     93.7     92.6      6.3      7.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       28)
       2        3        4       20       17       24       22
 
 
SUMAS BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 05/10/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       61,877
COMMITMENTS
       0    3,032    4,357   46,254   44,558   50,611   51,947   11,266    9,930

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:       -517)
       0     -122      -92     -484     -543     -576     -757       59      240

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     0.0      4.9      7.0     74.8     72.0     81.8     84.0     18.2     16.0

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 05/10/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       74,010
COMMITMENTS
  36,208   24,550      420   32,214   46,048   68,842   71,018    5,168    2,992

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:      4,581)
    -300    5,732      300    4,111   -1,090    4,111    4,942      470     -361

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    48.9     33.2      0.6     43.5     62.2     93.0     96.0      7.0      4.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       24)
       2        1        1       17       17       19       19
 
 
HENRY HUB GAS SWAP - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 05/10/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:      975,192
COMMITMENTS
 247,554   69,482  157,707  549,050  735,731  954,311  962,920   20,881   12,272

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:     10,604)
 -26,784   -4,543   18,978   20,965   -1,556   13,159   12,879   -2,555   -2,275

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    25.4      7.1     16.2     56.3     75.4     97.9     98.7      2.1      1.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      124)
      23       10       31       82       77      118      109
 
 
HENRY HUB PENULTIMATE GAS SWAP - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 05/10/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:      136,983
COMMITMENTS
  21,328   51,325   28,402   84,011   55,434  133,741  135,161    3,242    1,822

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:      6,084)
   2,445   -1,994    4,118      434    5,180    6,997    7,304     -913   -1,220

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    15.6     37.5     20.7     61.3     40.5     97.6     98.7      2.4      1.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       48)
      10       10       15       26       26       43       44
 
 
PJM ELECTRICITY MONTHLY - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 05/10/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(40 MEGAWATT HOURS PER PEAK DAY)                     OPEN INTEREST:       58,759
COMMITMENTS
  15,618    2,740   12,997   29,542   42,922   58,157   58,659      602      100

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:      2,723)
  -1,440      -20    1,844    2,268      868    2,672    2,692       51       31

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    26.6      4.7     22.1     50.3     73.0     99.0     99.8      1.0      0.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       42)
       4        4        7       31       28       38       36
 
 
NYISO ZONE A LBMP SWAP - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 05/10/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS 0F 400 MEGAWATT HOURS)                    OPEN INTEREST:       22,325
COMMITMENTS
   3,184      731    1,482   17,275   19,219   21,941   21,432      384      893

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:        335)
   1,142       88     -109     -800      254      233      233      102      102

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    14.3      3.3      6.6     77.4     86.1     98.3     96.0      1.7      4.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       27)
       2        2        3       17       18       21       21
 
 
NYISO ZONE G LBMP SWAP - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 05/10/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS 0F 400 MEGAWATT HOURS)                    OPEN INTEREST:        8,935
COMMITMENTS
     172    5,474      856    7,907    2,605    8,935    8,935        0        0

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:        216)
       0        0        0      216      216      216      216        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     1.9     61.3      9.6     88.5     29.2    100.0    100.0      0.0      0.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       23)
       1        3        2       12        9       15       12
 
 
ISO NEW ENGLAND LMP SWAP - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 05/10/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(40 MEGAWATT HOURS PER PEAK DAY)                     OPEN INTEREST:        9,430
COMMITMENTS
   3,680    2,800    1,700    3,780    4,530    9,160    9,030      270      400

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:        210)
     180      240       60       60      -10      300      290      -90      -80

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    39.0     29.7     18.0     40.1     48.0     97.1     95.8      2.9      4.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       21)
       3        2        5       13       14       18       19
 
 
CRUDE OIL, LIGHT SWEET - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 05/10/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 1,000 BARRELS)                         OPEN INTEREST:      831,666
COMMITMENTS
 103,029  102,944  140,008  520,162  504,290  763,199  747,242   68,467   84,424

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:     20,873)
  -3,974    4,344    5,416    8,586    1,684   10,028   11,444   10,845    9,429

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    12.4     12.4     16.8     62.5     60.6     91.8     89.8      8.2     10.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      262)
      61       98      100       79       88      206      229
 
 
PALLADIUM - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 05/10/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 100 TROY OUNCES)                       OPEN INTEREST:       13,320
COMMITMENTS
   8,099    3,071      256    2,127    9,189   10,482   12,516    2,838      804

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:         85)
    -487      298      -63      564     -246       14      -11       71       96

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    60.8     23.1      1.9     16.0     69.0     78.7     94.0     21.3      6.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      117)
      60       19        5       12       24       77       47
 
 
PLATINUM - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 05/10/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 50 TROY OUNCES)                        OPEN INTEREST:        9,459
COMMITMENTS
   6,395    1,237        5    1,052    7,167    7,452    8,409    2,007    1,050

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:        775)
     497       70      -88      209      472      618      454      157      321

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    67.6     13.1      0.1     11.1     75.8     78.8     88.9     21.2     11.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       59)
      27        9        1        5       19       33       28
 
 
UNLEADED GASOLINE, N.Y. HARBOR - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 05/10/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 42,000 U.S. GALLONS)                   OPEN INTEREST:      149,482
COMMITMENTS
  31,923    9,449   10,881   90,451  116,083  133,255  136,413   16,227   13,069

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:      2,962)
  -1,573    2,099    1,144    1,359   -1,076      930    2,167    2,032      795

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    21.4      6.3      7.3     60.5     77.7     89.1     91.3     10.9      8.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      153)
      48       20       37       62       72      126      115
 

Updated May 13, 2005