After failing to pass the extensions 8 times so far this year, the bill was approved by an overwhelming 93 to 2 majority. The only two Senators voting against the extensions were Republicans Crapo (ID) and Kyle (AZ).

Five Senators did not vote on the issue, and Republican presidential hopeful John McCain made his record on the issue a stunning 0-for-9 this year alone, answering the question many had whether he would finally show up to vote on this critical energy policy issue. In all fairness to Senator McCain, both Senators Obama and Biden also recorded an absent vote. One can only assume that Biden and Obama (and perhaps McCain) were tipped-off by their colleagues that the vote would be a landslide and chose not to come to Washington for the vote.

The cynic in me says that the only reason it passed this time is because we are so close to the election, and failing to pass the legislation is not a black mark that Senators want on their record in this critical campaign season, where the Democrats are poised to get a veto-proof majority of more than 60 Democratic Senators.

Next, the bill must be approved by the full House of Representatives in a vote later this week.