81.   Bush opposes caps on wholesale electricity that utilities buy, arguing they do nothing to address supply and demand issues at the heart of the crisis.

82.   But earlier this year, the price of wholesale electricity skyrocketed.

83.   By creating a state authority, supporters said, the state will have more control over the wholesale electricity market by building and operating its own power plants.

84.   California Gov. Gray Davis, a Democrat, has repeatedly demanded that the federal government cap wholesale electricity prices.

85.   California has been hit with rolling blackouts and tight power supplies blamed in part on soaring wholesale electricity costs.

86.   But wholesale electricity prices rose dramatically since June, in part because of a hot summer and a cold winter.

87.   Commission President Loretta Lynch said wholesale electricity costs had increased fivefold over three weeks.

88.   Commission President Loretta Lynch said wholesale electricity costs had increased five-fold over three weeks.

89.   Davis and Feinstein asked federal regulators to set a regional price cap on wholesale electricity to prevent the high prices that have plagued California.

90.   Davis has sharply criticized the Bush administration for opposing temporary price controls to reduce record high wholesale electricity prices across the West.