Re: Per today's call

Thanks. Lamentably, they don't have a plan. In fact SoCalGas is saying, "No
problems."

Alan Comnes@ECT
03/15/2001 02:37 PM

To: James D Steffes/NA/Enron@Enron, Jeff Dasovich/NA/Enron@Enron, Sandra
McCubbin/NA/Enron@Enron
cc:
Subject: Per today's call

My recollection is that this sheet is a bit vague on detail.

California's gas problems are twofold:

Wellhead prices are still high. CERA is the best place to get more data on
drilling activity, etc.

Instate capacity is tigh in PG&E and SDG&E. CEC did a study, no? In any
event California utiilties probably have plans to eliminate the bottlenecks.

GAC