Obama to allow oil drilling off Va. Coast

In a reversal of a long-standing ban on most offshore drilling, President Barack Obama is allowing oil drilling off Virginia's shorelines and considering it for a large chunk of the Atlantic seaboard. At the same time, he's rejecting some new drilling sites that had been planned in Alaska. Obama's plan offers few concessions to environmentalists, who have been strident in their opposition to more oil platforms off the nation's shores. Hinted at for months, the plan modifies a ban that for more than 20 years has limited drilling along coastal areas other than the Gulf of Mexico. Obama was se...