NO. 2 HEATING OIL, N.Y. HARBOR - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 03/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 42,000 U.S. GALLONS)                   OPEN INTEREST:      210,426
COMMITMENTS
  35,893   29,324   38,111  102,898  114,464  176,903  181,900   33,523   28,526

CHANGES FROM 03/08/05 (CHANGE IN OPEN INTEREST:     13,970)
     995     -203    3,414   10,296   10,879   14,705   14,090     -735     -120

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    17.1     13.9     18.1     48.9     54.4     84.1     86.4     15.9     13.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      131)
      36       24       29       61       67      111      106
 
 
NATURAL GAS - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 03/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(10,000 MMBTU'S)                                     OPEN INTEREST:      725,617
COMMITMENTS
  47,499   58,024  289,616  306,719  342,029  643,834  689,669   81,783   35,948

CHANGES FROM 03/08/05 (CHANGE IN OPEN INTEREST:     35,014)
   5,473     -136   11,379   19,150   23,028   36,002   34,271     -988      743

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     6.5      8.0     39.9     42.3     47.1     88.7     95.0     11.3      5.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      207)
      63       53       79       84       77      189      171
 
 
M-3 BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 03/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       74,089
COMMITMENTS
   8,112    4,708        0   59,001   63,791   67,113   68,499    6,976    5,590

CHANGES FROM 03/08/05 (CHANGE IN OPEN INTEREST:      4,063)
     416        0        0    3,982    3,097    4,398    3,097     -335      966

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    10.9      6.4      0.0     79.6     86.1     90.6     92.5      9.4      7.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       29)
       1        1        0       20       22       21       23
 
 
TCO BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 03/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       50,582
COMMITMENTS
       0    7,122    2,114   46,402   33,542   48,516   42,778    2,066    7,804

CHANGES FROM 03/08/05 (CHANGE IN OPEN INTEREST:          .)
       .        .        .        .        .        .        .        .        .

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     0.0     14.1      4.2     91.7     66.3     95.9     84.6      4.1     15.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       20)
       0        3        1       11       12       12       15
 
 
PG&E CITYGATE BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 03/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       43,078
COMMITMENTS
   3,973        0    3,662   31,115   35,448   38,750   39,110    4,328    3,968

CHANGES FROM 03/08/05 (CHANGE IN OPEN INTEREST:      3,453)
     722        0     -660    2,903    4,326    2,965    3,666      488     -213

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     9.2      0.0      8.5     72.2     82.3     90.0     90.8     10.0      9.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       23)
       3        0        3       19       16       22       19
 
 
SUMAS BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 03/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       65,368
COMMITMENTS
   4,078    2,035    2,008   51,952   51,774   58,038   55,817    7,330    9,551

CHANGES FROM 03/08/05 (CHANGE IN OPEN INTEREST:      2,246)
    -188      428      826      698      510    1,336    1,764      910      482

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     6.2      3.1      3.1     79.5     79.2     88.8     85.4     11.2     14.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       24)
       1        1        1       19       17       20       19
 
 
HENRY HUB GAS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 03/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:      945,838
COMMITMENTS
 256,378   60,320  155,772  517,087  719,707  929,237  935,799   16,601   10,039

CHANGES FROM 03/08/05 (CHANGE IN OPEN INTEREST:      1,215)
   2,291   -4,024   -1,073      912    6,226    2,130    1,129     -915       86

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    27.1      6.4     16.5     54.7     76.1     98.2     98.9      1.8      1.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      116)
      21        7       28       75       72      106      102
 
 
HENRY HUB PENULTIMATE GAS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 03/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:      119,062
COMMITMENTS
  23,707   39,201   29,289   61,382   47,781  114,378  116,271    4,684    2,791

CHANGES FROM 03/08/05 (CHANGE IN OPEN INTEREST:      5,237)
     294   -2,644    1,151    2,041    5,401    3,486    3,908    1,751    1,329

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    19.9     32.9     24.6     51.6     40.1     96.1     97.7      3.9      2.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       43)
      12        6       13       21       22       37       37
 
 
PJM ELECTRICITY MONTHLY - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 03/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(40 MEGAWATT HOURS PER PEAK DAY)                     OPEN INTEREST:       44,801
COMMITMENTS
   3,923    3,075   11,788   28,553   29,432   44,265   44,295      537      507

CHANGES FROM 03/08/05 (CHANGE IN OPEN INTEREST:      1,554)
   1,266      321     -131      288    1,212    1,423    1,402      131      151

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     8.8      6.9     26.3     63.7     65.7     98.8     98.9      1.2      1.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       42)
       5        6        8       28       26       37       36
 
 
NYISO ZONE A LBMP SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 03/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS 0F 400 MEGAWATT HOURS)                    OPEN INTEREST:       18,078
COMMITMENTS
   3,328    1,148    1,244   13,268   15,448   17,840   17,840      238      238

CHANGES FROM 03/08/05 (CHANGE IN OPEN INTEREST:        214)
     132      -48      130      -48      132      214      214        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    18.4      6.4      6.9     73.4     85.5     98.7     98.7      1.3      1.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       26)
       4        1        4       17       16       22       20
 
 
CRUDE OIL, LIGHT SWEET - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 03/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 1,000 BARRELS)                         OPEN INTEREST:    1,317,329
COMMITMENTS
 172,592   64,887  340,780  729,863  820,270  1243235  1225937   74,093   91,391

CHANGES FROM 03/08/05 (CHANGE IN OPEN INTEREST:     48,949)
  12,064   11,688   25,299   20,697    9,921   58,060   46,908   -9,110    2,042

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    13.1      4.9     25.9     55.4     62.3     94.4     93.1      5.6      6.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      285)
      82       96      122       85       90      243      243
 
 
PALLADIUM - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 03/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 100 TROY OUNCES)                       OPEN INTEREST:       12,942
COMMITMENTS
   8,540    1,379      183    1,088   10,830    9,811   12,392    3,131      550

CHANGES FROM 03/08/05 (CHANGE IN OPEN INTEREST:       -206)
     396     -282       41     -603      296     -166       55      -40     -261

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    66.0     10.7      1.4      8.4     83.7     75.8     95.8     24.2      4.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      119)
      73       10        7       12       24       90       39
 
 
PLATINUM - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 03/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 50 TROY OUNCES)                        OPEN INTEREST:        8,041
COMMITMENTS
   4,324      553        6    1,569    6,286    5,899    6,845    2,142    1,196

CHANGES FROM 03/08/05 (CHANGE IN OPEN INTEREST:        185)
     407       79      -55      -50      158      302      182     -117        3

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    53.8      6.9      0.1     19.5     78.2     73.4     85.1     26.6     14.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       43)
      20        4        1        7       15       28       19
 
 
UNLEADED GASOLINE, N.Y. HARBOR - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 03/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 42,000 U.S. GALLONS)                   OPEN INTEREST:      211,750
COMMITMENTS
  41,599    5,045   42,114  103,509  147,224  187,222  194,383   24,528   17,367

CHANGES FROM 03/08/05 (CHANGE IN OPEN INTEREST:      4,879)
  -1,462      353    3,191    4,960    4,192    6,689    7,736   -1,809   -2,857

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    19.6      2.4     19.9     48.9     69.5     88.4     91.8     11.6      8.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      175)
      56       23       45       74       82      149      134
 

Updated March 18, 2005