text_combined: california update p 3 5 29 01 hertzberg keeley announced filing petition ferc rehear april 26 th decision regarding price caps going c meeting several ferc members decided file rehearing filing asks order affect around clock instead stage 1 actual costs tied closer pricing product anyone exceeding cost based pricing system 100 penalty hertzberg keeley press conference today 1 30 pst questions included impact today ruling would affect plan b hertzberg replied sure also indicated support feinstein bill lawsuit rehearing efforts work legislation last chance price caps hertzberg also indicated getting point ca may say prices high via buyer cartel