Senate Can't Speed Up Offshore Drilling

A GOP bid to expand and hasten offshore oil drilling in the face of $4-a-gallon gasoline prices suffered an overwhelming defeat in the senate.

Just four days ago, President Barack Obama directed his administration to ramp up U.S. oil production.  Five republicans joined 52 democrats or independents in rejecting a bill written by the senate GOP leader to speed up decision-making on drilling permits, and force previously scheduled lease sales in the Gulf of Mexico and off the coasts of Alaska and Virginia. The Obama administration suspended several lease sales after last year's massive BP oil spill.