text_combined: california update ferc p 2 6 14 01 ferc examine price mitigation reported ferc looking hr 1974 rep doug ose r ca basis expanding mitigation efforts basically expands mitigation efforts apply around clock rather emergency instances letter rep tauzin ferc chairman hebert prompted hebert call meeting monday supported 14 house republicans time appears ferc seriously considering expanding price mitigation wscc states however administration still opposes price controls case price controls applied secretary abraham yesterday inoculated taking responsibility saying ferc independent agency ferc agenda apparently examine least four price mitigation cases california filed ferc extending ferc current price mitigation efforts wscc states amending current price limits applicability effect stage three power emergencies california 24 hours day seven days week requiring power generators entire western region sell available electricity california local power grids emergencies reducing threat blackouts establishing regional framework large power users sell electricity back grid peak usage times companies long term power contracts low rates may able make money scaling back operations selling electricity expanding order issued last year authorized refunds excessive markups extreme power emergencies refund order would apply excessive prices power emergencies attached rep tauzin letter commissioner hebert likewise hrl 974