Senators agreed to limit debate on the motion to consider legislation designed to curb speculation in energy markets by increasing staffing at the Commodity Futures Trading Commission and placing more regulations on energy futures trading. Tuesday’s 94 to zero vote reduces the time for debate on the motion to 30 hours. There’s reportedly no deal in sight to cut that step and get to work on amendments. Republicans believe the measure is too narrow - and would like a chance to offer several amendments aimed at increasing domestic oil and gas drilling. Democrats see the bill as a first step toward reducing gasoline prices.

Senate Majority Leader Harry Reid says the Democrats have offered Republicans a chance to vote on speculation and allowing state governors to decide on offshore drilling. Under the offer - each measure would need 60 votes to prevail. But Minority Leader Mitch McConnell says Republicans want a full and open debate on energy policy. He says they’re interested in a solution - not a pair of votes that will allow the political cover to blame the other side for a lack of accomplishment.