Dietze and Davis, P.C. congratulates their client Longview Energy Exchange on the issuance of a Preliminary Permit from the Federal Energy Regulatory Commission for its proposed new pumped-storage hydroelectric project in northwest Arizona. The proposed project is a 2000MW facility which can have important benefits for the electrical grid in the entire American Southwest. Dietze and Davis, P.C. is pleased to be associated with the creative thinking about energy issues which is exemplified by this project. The preliminary permit means that Longview now will be engaged in substantial studies prior to filing an application for a hydroelectric license with the FERC.