Does The US Need 1,000 "Modern" Rigs -- Zeits Over At Seeking Alpha -- October 1, 2015

Does the US need 1,000 "modern" rigs? Richard Zeits over at Seeking Alpha. Mostly for investors. Me? I'm not particularly interested.

******************************

Seeing The Light

PennEnergy is reporting:

COLUMBUS, Ohio (AP) — Government requirements for the use of solar, wind and other forms of renewable energy by Ohio power companies would be suspended indefinitely under recommendations being prepared for release Wednesday by a legislative panel.

The Energy Mandates Study Committee's draft report was obtained by The Associated Press ahead of its release.

The panel is reviewing an Ohio law requiring utilities to generate 25 percent of electricity from alternative and advanced sources by 2025. It was created as part of a compromise brokered by Gov. John Kasich amid efforts to repeal the targets outright.
The report cites legal uncertainty and a need for "greater clarity" surrounding proposed federal clean coal rules among reasons that proceeding with Ohio's state-level mandates would be imprudent.

Ohio is among states that have sued over the Environmental Protection Agency's Clean Power Plan, which sets targets for carbon dioxide emissions for existing power plants as a means of reducing emissions from 2005 levels by 32 percent by 2030. Kasich has also written to President Barack Obama asking him to hold off on implementing the plan until questions are resolved by the courts.

*********************************

For The Granddaughters

Back in 1996, my parents gave me a copy of Stephen E. Ambrose's D-Day June 6, 1944: The Climactic Battle of World War II, c. 1994, obviously published for the 50th anniversary.

For some reason I never got around to reading it until now. Having been stationed in Europe for over ten years and having visited Normandy several times and having read so much about "it," I guess I never was interested in reading about the subject again.

What a pleasant surprise. After reading the first three chapters, I'm hooked. This is another great Stephen Ambrose history. I always find it amazing how he can take a subject on which thousands of books have been written and make it all seem "fresh" again. An excerpt from the book, early on, p. 45.

Something tells me there will be "stories" in this book that will relate to what's going on in the Mideast today.

More importantly, it will dovetail very, very nicely with Foyle's War which we are watching on DVD. We are into Set 3 of 8. I assume they are streaming set 9 now. From wiki:

Foyle's War is a British detective drama television series set during and shortly after the Second World War, created by screenwriter and author Anthony Horowitz and commissioned by ITV after the long-running series Inspector Morse came to an end in 2000. It has been broadcast on ITV since 2002. Simon Shaps, then ITV's director of programmes, cancelled Foyle's War in 2007, but numerous complaints and positive public demand prompted the next ITV director, Peter Fincham, to revive the programme after successful ratings in series five, which was broadcast in 2008.

On 12 January 2015, ITV announced that no more episodes will be commissioned due to the high costs of production and its intention to broadcast original drama commissions. The last episode was broadcast on 18 January 2015.