Findings of Fact

1. PPS is a pipeline corporation as defined in § 228, and operates as a common carrier intrastate pipeline company between points in California under tariffs on file with the Commission.

2. PT is a pipeline corporation as defined in Pub. Util. Code § 228, and operates as a common carrier intrastate pipeline company between points in California under tariffs on file with the Commission.

3. Through a series of companies and partnerships (PEG controls PPS, Pacific Partners controls PEG, and Pacific GP controls Pacific Partners), PPS is a wholly owned subsidiary of PPS Holding because PPS Holding owns 100% of Pacific GP. As a result, PPS Holding controls PPS.

4. Through a series of companies and partnerships (PEG controls PT, Pacific Partners controls PEG, and Pacific GP controls Pacific Partners), PT is a wholly owned subsidiary of PPS Holding because PPS Holding owns 100% of Pacific GP. As a result, PPS Holding controls PT.

5. A transfer of control over PPS and PT will result in no change to their operations or loss of jobs. The systems will continue to be operated by experienced and technically competent personnel.

6. After the transfers, PPS and PT will both be operated in accordance with Commission-approved tariffs because no changes in terms and conditions of service or rates were requested as part of these Joint Applications.

7. These transfers of control will have no effect on the environment because facilities will continue to be operated as they are now and there will be no new construction or expansion.

8. There were no protests to the application.