NO. 2 HEATING OIL, N.Y. HARBOR - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED 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:      206,123
COMMITMENTS
  27,220   23,807   38,062  106,218  118,385  171,499  180,254   34,624   25,869

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:      6,813)
   1,685   -1,268      494    1,621    5,294    3,800    4,520    3,013    2,293

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    13.2     11.5     18.5     51.5     57.4     83.2     87.4     16.8     12.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      127)
      36       22       28       62       62      110      101
 
 
NATURAL GAS - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED 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:      753,675
COMMITMENTS
  34,033   53,660  301,918  340,476  354,574  676,427  710,152   77,248   43,523

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:     14,767)
  -4,499    1,239    6,099   11,421    5,197   13,021   12,534    1,746    2,233

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     4.5      7.1     40.1     45.2     47.0     89.8     94.2     10.2      5.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      196)
      44       60       71       88       79      174      170
 
 
M-3 BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED 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 TRADER
     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
OPTION AND FUTURES COMBINED 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 TRADER
    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
OPTION AND FUTURES COMBINED 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 TRADER
     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
OPTION AND FUTURES COMBINED 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 TRADER
    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
OPTION AND FUTURES COMBINED 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 TRADER
     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
OPTION AND FUTURES COMBINED 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 TRADER
    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
OPTION AND FUTURES COMBINED 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 TRADER
    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
OPTION AND FUTURES COMBINED 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 TRADER
    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
OPTION AND FUTURES COMBINED 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:       61,110
COMMITMENTS
  15,554    3,123   14,228   30,725   43,659   60,508   61,010      602      100

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:      2,650)
  -1,080      320    1,476    2,203      823    2,599    2,619       51       31

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    25.5      5.1     23.3     50.3     71.4     99.0     99.8      1.0      0.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       42)
       3        5        7       31       29       38       37
 
 
NYISO ZONE A LBMP SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED 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 TRADER
    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
OPTION AND FUTURES COMBINED 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 TRADER
     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
OPTION AND FUTURES COMBINED 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 TRADER
    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
OPTION AND FUTURES COMBINED 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:    1,334,354
COMMITMENTS
 111,848   70,059  356,758  786,678  811,549  1255284  1238366   79,070   95,989

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:     12,212)
  -3,118    2,176   -1,027    6,006       90    1,861    1,239   10,351   10,973

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     8.4      5.3     26.7     59.0     60.8     94.1     92.8      5.9      7.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      284)
      76      106      129       81       91      228      263
 
 
PALLADIUM - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED 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 TRADER
    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
OPTION AND FUTURES COMBINED 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:        9,495
COMMITMENTS
   6,395    1,265        5    1,069    7,167    7,469    8,437    2,027    1,059

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:        766)
     497       61      -88      204      472      613      445      153      321

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    67.3     13.3      0.1     11.3     75.5     78.7     88.9     21.3     11.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       59)
      27        9        1        6       19       34       28
 
 
UNLEADED GASOLINE, N.Y. HARBOR - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED 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:      191,374
COMMITMENTS
  30,752   10,386   38,289  102,328  126,562  171,369  175,237   20,005   16,137

CHANGES FROM 05/03/05 (CHANGE IN OPEN INTEREST:      4,110)
  -1,223    1,178    2,104      836     -423    1,718    2,860    2,392    1,250

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    16.1      5.4     20.0     53.5     66.1     89.5     91.6     10.5      8.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      163)
      54       23       48       65       76      136      132
 

Updated May 13, 2005