1. The documents appear to have been working papers that were used for setting price caps for the authorities. 2. And Curt Hebert, the head of the Federal Energy Regulatory Commission, reiterated his objections to price caps. 3. And one utility has called for price caps during emergencies, which existed in the days of strict regulation. 4. As it stands, the price caps will remain in effect through next summer. 5. At any rate, Hawaii is setting itself up for disaster if the market price ever exceeds its planned price caps. 6. Borenstein said the real test of whether FERC has changed will be its decision on the price caps. 7. Boxer last week called on the Federal Energy Regulatory Commission to divulge all its contacts with Enron executives on the issue of price caps. 8. A day later, Cheney said in an interview with the Los Angeles Times that price caps would not be used. 9. A bipartisan group of senators has introduced legislation that would require the federal agency to enact price caps for California and neighboring states. 10. A Democratic bill to implement wholesale price caps failed to reach a bipartisan compromise to move it out of a House committee last week. |