Exhibit 12.3



|                                                                                                                                                                                                     |  |                        |      |                        |      |                        |      |                        |      |                        |      | 
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | ---------------------- | ---- | ---------------------- | ---- | ---------------------- | ---- | ---------------------- | ---- | ---------------------- | ---- | 
|EXHIBIT 12.3                                                                                                                                                                                         | 
|PACIFIC ENTERPRISES                                                                                                                                                                                  | 
|COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES                                                                                                                                           | 
|AND PREFERRED STOCK DIVIDENDS                                                                                                                                                                        | 
|(Dollars in millions)                                                                                                                                                                                | 
|                                                                                                                                                                                                     |  |                        |      |                        |      |                        |      |                        |      |                        |      | 
|                                                                                                                                                                                                     |  |                        |      |                        |      |                        |      |                        |      |                        |      | 
|                                                                                                                                                                                                     |  |                        |      |                        |      |                        |      |                        |      |                        |      | 
|                                                                                                                                                                                                     |  |                        |      |                        |      |                        |      |                        |      |                        |      | 
|                                                                                                                                                                                                     |  |                        | 2004 |                        | 2005 |                        | 2006 |                        | 2007 |                        | 2008 | 
|Fixed Charges:                                                                                                                                                                                       |  |                        |      |                        |      |                        |      |                        |      |                        |     
|                                                                                                                                                                                                     |  |                        |      |                        |      |                        |      |                        |      |                        |      | 
|Interest                                                                                                                                                                                             |  | $                   47 |      | $                   55 |      | $                   78 |      | $                   78 |      | $                   68 |     
|                                                                                                                                                                                                     |  |                        |      |                        |      |                        |      |                        |      |                        |      | 
|Interest portion of annual rentals                                                                                                                                                                   |  | 2                      |      | 3                      |      | 4                      |      | 3                      |      | 2                      |     
|                                                                                                                                                                                                     |  |                        |      |                        |      |                        |      |                        |      |                        |      | 
|Preferred dividends of subsidiary (1)                                                                                                                                                                |  | 2                      |      | 2                      |      | 2                      |      | 2                      |      | 2                      |     
|                                                                                                                                                                                                     |  |                        |      |                        |      |                        |      |                        |      |                        |      | 
|Total fixed charges                                                                                                                                                                                  |  | 51                     |      | 60                     |      | 84                     |      | 83                     |      | 72                     |     
|                                                                                                                                                                                                     |  |                        |      |                        |      |                        |      |                        |      |                        |      | 
|Preferred stock dividends                                                                                                                                                                            |  | 7                      |      | 6                      |      | 6                      |      | 6                      |      | 6                      |     
|                                                                                                                                                                                                     |  |                        |      |                        |      |                        |      |                        |      |                        |      | 
|Combined fixed charges and preferred stock dividends for purpose of ratio                                                                                                                            |  | $                   58 |      | $                   66 |      | $                   90 |      | $                   89 |      | $                   78 |     
|                                                                                                                                                                                                     |  |                        |      |                        |      |                        |      |                        |      |                        |      | 
|                                                                                                                                                                                                     |  |                        |      |                        |      |                        |      |                        |      |                        |      | 
|Earnings:                                                                                                                                                                                            |  |                        |      |                        |      |                        |      |                        |      |                        |     
|                                                                                                                                                                                                     |  |                        |      |                        |      |                        |      |                        |      |                        |      | 
|Pretax income from continuing operations                                                                                                                                                             |  | $                 390  |      | $                 324  |      | $                 425  |      | $                 407  |      | $                 393  |     
|                                                                                                                                                                                                     |  |                        |      |                        |      |                        |      |                        |      |                        |      | 
|Total fixed charges (from above)                                                                                                                                                                     |  | 51                     |      | 60                     |      | 84                     |      | 83                     |      | 72                     |     
|                                                                                                                                                                                                     |  |                        |      |                        |      |                        |      |                        |      |                        |      | 
|Less:  Interest capitalized                                                                                                                                                                          |  |                        | -    |                        | -    |                        | 1    |                        | 1    |                        | -    | 
|                                                                                                                                                                                                     |  |                        |      |                        |      |                        |      |                        |      |                        |      | 
|Total earnings for purpose of ratio                                                                                                                                                                  |  | $                 441  |      | $                 384  |      | $                 508  |      | $                 489  |      | $                 465  |     
|                                                                                                                                                                                                     |  |                        |      |                        |      |                        |      |                        |      |                        |      | 
|Ratio of earnings to combined fixed charges and preferred stock dividends                                                                                                                            |  | 7.60                   |      | 5.82                   |      | 5.64                   |      | 5.49                   |      | 5.96                   |     
|                                                                                                                                                                                                     |  |                        |      |                        |      |                        |      |                        |      |                        |      | 
|Ratio of earnings to fixed charges                                                                                                                                                                   |  | 8.65                   |      | 6.40                   |      | 6.05                   |      | 5.89                   |      | 6.46                   |     
|                                                                                                                                                                                                     |  |                        |      |                        |      |                        |      |                        |      |                        |      | 
|                                                                                                                                                                                                     |  |                        |      |                        |      |                        |      |                        |      |                        |      | 
|                                                                                                                                                                                                     |  |                        |      |                        |      |                        |      |                        |      |                        |      | 
|(1) In computing this ratio, Preferred dividends of subsidiary represents the before-tax earnings necessary to pay such dividends, computed at the effective tax rates for the applicable periods. | 
|                                                                                                                                                                                                     |  |                        |      |                        |      |                        |      |                        |      |                        |      |