Congress Deadlocks on Offshore Drilling

August 1, 2008 10:35:55 PM PDT
Friday, Congress leaves for summer break still deadlocked over a pile of energy bills, including one that would lift the ban on offshore drilling. Democrats claim offshore drilling would do little to help the nation's current crisis. Instead, they want the President to release a portion of the country's strategic petroleum reserve for a more immediate solution.

But the president pleaded with them to consider his energy plan, saying, "Before you go home for an extending period of time, you ought to bring these bills to the floor." "What we're saying is free our oil and we'll have an impact in 10 days, not 10 years," said Speaker of the House Nancy Pelosi (D).

The latest CNN opinion research corporation poll reveals two-thirds of Americans blame U.S. oil companies for the rising cost of fuel, followed by foreign oil producers, speculators, demand, and the Bush administration.