51.   The committee also will look at whether FERC is doing its job to oversee the wholesale electricity market.

52.   The company was forced to sell off power plants, and private electricity generators began raising their prices for wholesale electricity.

53.   The commission also continues to resist demands to stabilize wholesale electricity prices in the region.

54.   The commission relies on monitors like the Independent System Operator to ferret out abuses, but the federal agency is responsible for ensuring that wholesale electricity prices are fair.

55.   The ERCOT price has been developed during the past two years while the cooperative grid-management system took on the extra duties of a wholesale electricity pool.

56.   The Federal Energy Regulatory Commission, which had previously resisted such efforts, took steps toward controlling wholesale electricity prices Monday.

57.   The order expands price restrictions that the agency imposed in April on wholesale electricity sales in California during peak demand periods when blackouts were threatened.

58.   The state stepped in after the utilities began defaulting on their bills as rates for wholesale electricity soared.

59.   The stock buy came at a time when the Federal Energy Regulatory Commission was taking a hard line against wholesale electricity price caps for California.

60.   The White House also argues that price caps on wholesale electricity would discourage energy companies from making investments in the new generating capacity.