FERC to seek comment

In a Thursday filing, Sempra Energy said high-priced capacity charges have helped drive gas prices at the California border to $50/Mcf, more than 10-fold during the past year. Art Lawson, a spokesman for Sempra unit San Diego Gas & Electric Co. (SDG&E), said the gas costs about $8.50/Mcf and the “rest” is attributable to the cost of buying capacity on the pipelines. He could not say how much firm capacity the company holds on pipelines serving California.

New York, NY, Dec. 11, 2000 — Dynegy Inc. announced that Dynegydirect, the company’s new electronic commerce portal, has exceeded $1.5 billion in notional transactions.

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