Weekly Report of 12/14/01

California:

I99-07-003 GIR/SoCal Unbundling. At the December 11th CPUC meeting the Commission approved the Transwestern supported Comprehensive Settlement with modifications. This decision will unbundle the SoCal's backbone transmission and storage systems, provide shippers access to receipt points at the border and create a secondary market. These changes will be phased in during 2002.

R01-03-023 Curtailment Priority. The CPUC approved the Proposed Decision at the Dec. 11th meeting which denies the electric generators priority of service over other non-core gas customers during periods of shortage.

Schedule:

Week of 12/17 Omaha