california gas prices market intelligence notes taken conversing several tw customers various reasons prices risen dramatically west el paso line 1103 still service august 2000 explosion remaining 2 lines still operating reduced flow levels taking 200 300 000 capacity market storage levels california low begin several coal nuclear generation plants line unplanned outages gas burning generators running northwest pipeline instituted several ofo month requiring shippers overpull pipeline penalty gas selling 22 00 mmbtu beginning november socal gas instituted 5 day balancing requirement unplanned event marketplace however seems several entities caught short early month still caught ldc east california experienced dramatic weather severe impacted firm demand california knocking alternate firm supply destined points east california southwest gas several alternate supply contracts ldc collecting 150 market price ldc using swg full requirements contract el paso addition believe socal gas playing storage games interstate pipes socal lowered window us tomorrow 580 000 750 000 due lower projected gas demand sempra reliant dynegy texaco calling foul thought socal demand may falling instead taking excess gas replenish storage socal preventing higher priced gas reaching storage