Beyond

Northern Natural Gas did not extend a System Overrun Limitation notice for all market area zones beyond Thursday.

Pacific Gas & Electric did not extend a Stage 3 high-inventory OFO beyond Saturday.

Southern California Gas did not extend an Overnominations Day notice beyond Friday, but Pacific Gas & Electric declared another systemwide Stage 3 high-inventory OFO for Saturday. The OFO carries penalties of $5/Dth for positive imbalances exceeding a 6% tolerance.

Pacific Gas & Electric did not extend a high-linepack OFO with zero tolerance for positive imbalances beyond Saturday.

Saying linepack and operating conditions had improved, Florida Gas Transmission did not extend an Underage Alert Day notice beyond Tuesday.

Pacific Gas & Electric did not extend a systemwidelow-inventory OFO beyond Thursday. However, Northern Natural Gaskept a System Overrun Limitation for all market area zones in placeat least through Thursday.

Northern Natural Gas did not extend a System Overrun Limitationfor all market areas beyond Friday.

California utilities’ eroding creditworthiness is extendingbeyond the electricity sector and seeping into the naturalgas-buying parts of their business as well, according to a PacificGas and Electric Co. witness testifying Friday in the ongoing stateemergency rate hearings.

With today’s electricity demand expanding beyond the reach ofavailable supply, and nationwide electric deregulation effortsproviding inconsistent results, distributed power just may be thenext big thing, according to Bear Stearns analyst Robert Winters.