No.  Yes for PG&E, no for SoCalGas.



	Tom Briggs
	03/21/2001 07:28 PM
		
		 To: Jeff Dasovich/NA/Enron@Enron
		 cc: 
		 Subject: Re: California Concessions/Price Caps

would they sell the intrastate pipleine to an interstate pipeline and use the 
cash to pay bad debts?  Also, is distribution unbundled from retail sales?



	Jeff Dasovich
	Sent by: Jeff Dasovich
	03/21/01 04:03 PM
		 
		 To: Richard Shapiro/NA/Enron@Enron, Tom Briggs/NA/Enron@Enron
		 cc: 
		 Subject: California Concessions/Price Caps

Tom:  Apologies.  I'm wrapped up, but will try to come up with more.  Three 
things that come to mind:

1. Seems important that any price cap include a hard sunset date.
2. Direct Access for all customers in California should be a concession.
3. Dramatic commitment from California to substantially upgrade the in-state 
gas transportation network (fyi: it may  be in worse shape than the electric 
tx network--can build more plants, but if one can't get the gas to them.....)

Best,
Jeff