Craig Chancellor
From:	Hall, Rich [RCH8@pge.com]
Sent:	Wednesday, April 26, 2000 9:26 AM
To:	'Craig Chanceller'
Subject:	Wheeler Ridge capacity 
Craig -- Attached is a summary of the changes we would like to see in the
SoCal Settlement proposal regarding the receipt point access rights at
Wheeler Ridge.  I believe this is more market responsive, by letting the
market decide the split of Primary Access Rights at Wheeler Ridge.  

Additionally, we are concerned with the market perception of the relative
values of the two packages, as SoCal has defined them.  The market would
place much greater value on the W.R.-North capacity (becasue of the
secondary market value of the flexibility).  This would be purchased even by
shippers desiring only K-M access; thereby limiting the perception of the
quantity / quality of receipt point capacity access to PG&E and  OXY.  I
would be happy to discuss this further.

Please feel free to share any comments you have with SoCal and other
parties.

 <<Firm Primary and Secondary Receipt Point Access Rights>> 

Rich Hall
415-972-5115

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