Associated Press: Gov. Arnold Schwarzenegger is pushing legislation that he believes would raise $1.8 billion for cash-strapped California by allowing the first new oil drilling project off the state’s coast in 40 years. The governor’s proposal would revive a project for the Santa Barbara coast that was rejected by the State Lands Commission in January. This latest fundraising suggestion comes on the heels of other money-making ideas that included selling state-owned properties such as San Quentin …