Despite being passed by the House of Representatives yesterday by a 235 to 181 margin, the new energy bill reached the Senate floor this morning and failed to muster enough votes to move on to the White House, where the President has threatened a veto of it in its current state. The Senate vote was 53 to 42, a majority but still seven votes shy of the 60 it needed. This means that the Senate will now spend the weekend reworking the bill, after which it will have to go back to the House for approval yet again. The funny thing is, the automotive industry actually supports the bill in its current state, despite the fact that it calls for a jump in CAFE requirements to a fleet-wide average of 35 mpg by 2020. Even with the support of the industry, politicians seem intent on keeping this bill running around in circles.

[Source: Automotive News]