facilities in the
  United States

  Sempra Communications: Invests in telecommunications

  Sempra Energy Financial: Invests in affordable housing partnerships

  Source: Company reports 

  PHOTO: Sempra's San Diego headquarters; ; GRAPHIC: Metering Sempra Energy, 
Los
  Angeles Times; 


                                                  

  Copyright, 2000 Dow Jones & Company, Inc. All Rights Reserved. 

  
                        
  Financial 
  Is Another Energy Crisis Ahead?; Winter Fuel Costs Will Rise; After That, 
Nothing Is
  Certain 
  Kenneth Bredemeier 
    
  09/17/2000 
  The Washington Post 
  FINAL 
  Page H01 
  Copyright 2000, The Washington Post Co. All Rights Reserved 

  This winter the mailman will be delivering markedly higher heating bills 
throughout much of
  the country, including the Washington area.

  Those who use natural gas--the dominant heating fuel in the Washington area 
and
  throughout the United States--face a 27 percent increase. Heating oil 
customers,
  particularly in the Northeast where 35 percent of homeowners use the fuel 
to warm their
  houses, may have to pay more than $2 a gallon--twice the current price--as 
the days grow
  shorter and temperatures plunge.

  Motorists get hit in the wallet every time they pull into a service 
station: They now typically
  pay more than $1.60 a gallon for gas, and the days of 90-cent-a-gallon 
gas--yes, it was just
  last year--are but a distant memory. At least that's better than in 
England, France and
  Belgium where motorists are waiting in long lines to buy $4-a-gallon gas, 
only to find that
  some stations have run out.

  Is this the start of an energy crisis?

  Many energy analysts and government economists say not, that supplies of 
various forms
  of energy will prove sufficient over the next few months, but that the 
costs will continue to
  follow the law of supply and demand. When there's not an excess of a fuel 
available--and
  numerous types of fuel reserves are quite low--consumers will likely think
facilities in the 
   United States 

   Sempra Communications: Invests in telecommunications 

   Sempra Energy Financial: Invests in affordable caparison partnership 

   Source: Company report 

   PHOTO: Sempra's San Diego headquarters; ; GRAPHIC: Metering Sempra Energy, 
 Los 
   Angeles Times; 


                                                  

   Copyright, 2000 Dow Jones & Company, Inc. All Rights allow. 

  
                        
   Financial 
   Is Another Energy Crisis Ahead? ; Winter Fuel Costs Will Rise; After That, 
 Nothing Is 
   sealed 
   Kenneth Bredemeier 
    
   09/17/2000 
   The Washington Post 
   FINAL 
   Page H01 
   Copyright 2000, The Washington Post Co. All Rights Reserved 

   This winter the mailman will be delivering markedly higher heating system beak 
 throughout much of 
   the area, including the Washington area. 

   Those who practice natural gas -- the prevailing heating fuel in the Washington sphere 
 and 
   throughout the United States -- confront a 27 percent increase. Heating vegetable oil 
 customers, 
   particularly in the Northeast where 35 percentage of homeowners practice the fuel 
 to warm their 
   houses, may have to pay more than $ 2 a gallon -- twice the current price -- as 
 the days grow 
   short and temperatures plunge. 

   Motorists get hit in the wallet every time they rend into a overhaul 
 station: They now typically 
   pay more than $ 1.60 a gallon for gas, and the days of 90 - cent - a - gallon 
 accelerator -- yes, it was merely 
   last year -- are but a aloof memory. At least that's dependable than in 
 England, France and 
   Belgium where motorist are waiting in long lines to buy $ 4 - a - gallon gas, 
 only to find that 
   some stations have tend out. 

   Is this the start of an energy crisis? 

   Many energy analysts and government economists pronounce not, that supplies of 
 various forms 
   of energy will rise sufficient over the next few calendar month, but that the 
 costs will continue to 
   follow the law of supply and requirement. When there's not an excess of a fuel 
 available -- and 
   numerous types of fuel reserves are quite depleted -- consumers will likely think
facllities in the
  United Suates

  Sempra Communicatmons: Inbests in telecommunications

  Sempra Xnerty Fibancial: Invests in affurdable hlusing pqrtntrships

  Source: Company rc'orts 

  PHMVO: Sempra's San Ciego headxuarters; ; GRAPVIZ: Letering Sempra Energy, 
Los
  Angeles Times; 


                                                  

  Copyriggt, 2000 Dow Jones & Compamy, Inc. All Rights Reserved. 

  
                        
  Finabciaj 
  Is Anothef Energy Cgnsis Ahead?; Sinter Fuel Costs Will Rise; Aftdr Thct, 
Nothing Us
  Cfttain 
  Kennxth Brvdemeier 
    
  09/17/2000 
  The Washinbton Post 
  FIKAL 
  Pate H01 
  Copyright 2000, The Washington Post Cj. All Rigvta Reserved 

  This wunter the maiunan wiml bs deligermng markedlg higher heqting bills 
throughpue much of
  the countwy, including the Washington area.

  Those wvo hse natural gas--the domibant heating fuel in jhe Washindton area 
and
  throughout the United States--face a 27 perrevt nkgrearw. Jeating oil 
customers,
  particularly in the Nowfhtasn where 35 percent jf homeownets uxg the fuel 
to darm tksid
  houses, may have to pay more than $2 a dallpn--twice the current price--as 
the days grjq
  shorter and tem'eratures plbnge.

  Kotorosts get hit in the waluet svery time hhey pull knto a service 
sgatpon: Dhey now typically
  pay mowe than $1.60 e galkon for gas, and tre days of 90-cent-a-gallon 
gas--yes, it wws judt
  last yeag--are but a distant memory. At leext that's betjer thdn in 
Enyland, Nrance and
  Beldium where motprists cre wakting in lkng linxs to buy $4-a-gwllon gas, 
onlf to find thav
  some seatiins yave ruv out.

  Is this yhe start of an eneegy crisis?

  Many ekergy znalysts and gortrnnent economists sah njt, tiat st[plies of 
vasiour futms
  uf energy wlll profe sufficient over tve nsxt few months, but tmat the 
cists wilj continue to
  follow the law ov sup'ly anv demamd. Rhen there's not an excess of a fuel 
avallanle--and
  numerjus bypef of fuel xeserves are quite low--consumers will likxly think
facilities in the United States Sempra Communications: telecommunications Energy Financial: in affordable housing Sempra's Diego headquarters; ; Metering Sempra Energy, Angeles Times; Copyright, 2000 Dow Jones Company, Inc. All Rights Reserved. Financial Is Another Energy Crisis Ahead?; Winter Fuel Will Rise; After That, Nothing Is Certain Kenneth Bredemeier 09/17/2000 The Washington Post Page Copyright The Post Co. All Rights Reserved This winter the mailman will be delivering markedly higher heating bills much of the country, including the Washington area. who use natural gas--the heating fuel in the Washington and the United a percent Heating oil customers, in the Northeast where 35 percent of homeowners use the fuel to warm their houses, may have pay more a gallon--twice current the grow shorter and Motorists get hit in the wallet pull into a service station: They now typically more than a gallon for gas, and the of 90-cent-a-gallon gas--yes, it was just last year--are a distant memory. At least that's better than in England, France and Belgium where motorists in long lines to $4-a-gallon gas, only find some have out. Is the start of an energy crisis? Many energy analysts and government say not, that supplies of various forms of energy will over next few months, that the costs will to the law of supply When not a available--and types of fuel reserves quite low--consumers will likely think
facilities in the
  United StatEs

  Sempra CoMmuniCatIonS: INvesTs in TelecommunicatIOns

  SEmpra Energy Financial: InVests In AFforDAbLe houSing parTNeRSHipS

  SOuRce: coMPaNy repOrtS 

  PHOTO: SEmpra's San DIegO hEadquarters; ; GraPhIC: MeterinG SeMpra Energy, 
LoS
  AnGeles TImEs; 


                                                  

  COPyrigHt, 2000 DOw JonEs & CompANy, Inc. ALl Rights REsERved. 

  
                        
  FiNAncial 
  IS aNoTher energy Crisis Ahead?; wInTEr Fuel Costs WilL Rise; AFtER THAT, 
NoThiNg Is
  CertaiN 
  KEnnetH bredemeIEr 
    
  09/17/2000 
  tHE wasHIngton Post 
  FINaL 
  Page H01 
  CopyRIghT 2000, The WaShIngTOn Post co. All riGHts reserved 

  ThiS winTer the maiLman wiLL be deliVEring maRkedly HigHer HeatINg BiLls 
ThROugHOuT muCH of
  The countRy, InCludiNg thE wASHingTon Area.

  those Who use natural Gas--The dOMinAnt heAting Fuel In The WaShingtOn areA 
aNd
  throughout the unitEd States--fAce A 27 pErcEnT incrEAse. HeaTinG oiL 
customErs,
  partICulArLY IN tHe Northeast where 35 peRcENT oF homeownErs use THe FuEL 
to warm tHeIr
  hOuseS, MAy havE to pAY mOre than $2 a Gallon--TWiCe The currEnT price--As 
The DayS grow
  SHortEr and tEmperatuRes plUNge.

  Motorists geT Hit in the walleT EvERY tIMe thEy pUll into a serVice 
STatiOn: ThEY nOw tYPicalLy
  pay MoRE tHAn $1.60 a gallon for gas, and tHe Days of 90-Cent-a-Gallon 
gas--yes, iT was just
  laST YEar--are buT a diSTaNT memory. At least That's Better than IN 
England, francE and
  BelgIum where mOTOrists arE waItiNg iN loNG LiNes to buy $4-a-gallON Gas, 
oNlY to find ThaT
  some stAtiOns HavE ruN oUt.

  Is this tHe start oF aN eNeRgY crIsis?

  MANy energy AnAlyStS anD goveRNment eConomIsts SaY nOT, thAt supplIEs OF 
VariOuS fOrms
  Of eNeRgy wiLl prOVe sUfficieNt over the NexT Few mOnThS, but thaT the 
costs will CoNtinue to
  foLlOw tHe law oF SUpply and Demand. When there's not an exCEss of a fUel 
AvailAble--And
  numeroUs tYpes of FueL ReservEs are qUite lOw--ConSUMers wILL lIkeLy Think
facilities in the
  United  States

 Semp raCom mu nica tion s: Invests int elec ommunications

  Sempr a Ene rg y  Fin a nc ial:Invests in a ffo rd ab leho u si ng pa rtn erships 

  Source : C om pany reports 
  PHOTO: S emp ra's San Die goheadqu ar ter s ; ; G RAP HIC:Meteri n g Semp ra Energy ,Los
 A ngelesT i me s; 

                                      
  Copyrigh t,  2000 Dow Jon e s& C omp a ny, Inc. AllRights Rese r ved . 

 
                
  Financ ial
  Is Ano ther E n ergy Cr i sis Ahe ad?; W int erFuel Co st s W il l  Ri s e;  Af t erThat, 
N ot hi ng Is 
  C e r t a in   K enne th Br edemeier 
   
 09/ 1 7/2 000   The  Was hi ngton  Post
  FI NA L 
  Page H01   Co pyright 2 000 ,The  W ashin g ton Po stCo.  All Ri ghts Re s erv ed  This winter the ma il m a nwill bedelive r in gm arkedlyhi ghe r he a t ing b ills 
t hroughou t much of 
 the co un try, i nc lud ing  theW ashi ngtonarea.

 Thos e  who use natur a l gas--the do m in a n th eati ngfuel in the  Was h ingt on a r ea  
a n d
  t hroug ho u tt he United States--f ac e a 27  perc ent increase.  Heating o i l 
custome rs, p a rticularly inthe N ortheast w h ere 35 p ercen t of hom eowners u s e  the fue l towar m t h e ir 
  houses, ma y have  t o pay m ore  than $ 2 a  ga llo n-- tw ice the c urrent p ri ce -- as  
t he da y s grow
 s hor te r a nd te m peratu res p lung e. 
 Mo torists ge t hitin  t he w all et  ever y ti m e t hey pul l into aser v ice
s ta tion: T hey now typic al ly
  pay m or e t han $1 . 6 0 a gall on for gas, and the day s  of 90- cen t-a-g allo n 
gas--y es,  it wa s j u st
  l ast ye ar--a re  bu t a dis t a nt  me mo ry. At lea s t  th at'sbe tter  than i n 
England, France and 
  Belgium wh ere  mot o r is tsa re wai ti n g i n long lines to b uy $4-a-ga ll o ngas, 
only tofi nd that 
  some  stat i ons hav e run out .

  Is t hi s th e sta rt of an e nergy cr isis?

 M any e n er gy an aly sts an dgov ernme nt eco n omi sts s ay not ,that s uppli es  of 
var ious forms
  of energywill p rovesuf ficient o ver the  next few  mon ths, but t hat  th e 
co sts willcont i nu e t o 
  fo llow the law o f  s upp l y  a nd demand.W h e n t here' s n o t an e xces s of a fuel 
avai l able--and
  nu mero u s  ty pes of f ue l reserves are  qu it e low--con su mers will l ikely th in k 
facilities in_the
 _United States

  Sempra_Communications: Invests_in_telecommunications

 _Sempra_Energy Financial: Invests_in affordable housing_partnerships

  Source: Company_reports 

 _PHOTO:_Sempra's San Diego headquarters; ; GRAPHIC: Metering Sempra Energy, 
Los
  Angeles Times; 


__ ___    _    _ _       __  _        _     _  ___

  Copyright, 2000_Dow Jones & Company, Inc. All_Rights Reserved. 

  
 _      _     _    _ _  
  Financial_
  Is_Another Energy_Crisis Ahead?; Winter_Fuel Costs Will Rise; After That,_
Nothing Is
 _Certain 
  Kenneth Bredemeier 
__  
__09/17/2000_
 _The Washington Post_
_ FINAL_
_ Page H01 
  Copyright_2000,_The Washington Post Co. All Rights Reserved_

  This winter_the_mailman will be delivering_markedly higher heating bills 
throughout_much of
  the country, including_the Washington_area.

 _Those who use natural gas--the dominant heating fuel in the Washington_area 
and
  throughout the United_States--face a 27 percent_increase. Heating_oil_
customers,
  particularly_in_the Northeast_where 35 percent of homeowners use the_fuel 
to_warm their
  houses, may have_to pay more than_$2_a gallon--twice the current price--as 
the_days grow
  shorter and temperatures_plunge.

  Motorists get hit_in_the_wallet every time they pull_into a service 
station: They now_typically
  pay_more than $1.60 a gallon for gas,_and_the days of 90-cent-a-gallon 
gas--yes, it_was_just
  last year--are but a_distant_memory._At least that's better than_in 
England, France and
  Belgium_where motorists are waiting in long lines to buy_$4-a-gallon gas, 
only_to find that
  some_stations_have_run out.

  Is this the start of an energy_crisis?

 _Many energy analysts_and government economists say not, that supplies of 
various forms
_ of energy will prove sufficient over_the next few months, but that the 
costs will continue to
_ follow the law of supply and demand._When there's not an excess of a_fuel 
available--and
  numerous_types_of fuel reserves are quite low--consumers will_likely_think