NEW YORK: US crude marketing company Eighty-Eight Oil LLC has declared force majeure after oil producers across the Rockies and North Dakota shut production as the coronavirus eroded demand and sent prices plunging, four sources familiar with the matter said.The company declared force majeure after producers selling oil to them shut production, causing Eighty-Eight to be short on barrels that they had committed to sell, two sources said. US producers have shut wells and idled rigs as prices have dropped 45 per cent this year, making production unprofitable. In North Dakota, the second-largest producer after Texas, output is down by more than 500,000 barrels per day, state officials said. Last year, North Dakota produced 1.4 million bpd. Eighty-Eight Oil LLC markets crude from the Rocky Mountain region and trades crude in Clearbrook, Minnesota, a major hub for Bakken crude, traders said. The company is a unit of True Companies of Casper, Wyoming. A spokesman said the company doesn't … [Read more...] about Oil marketing firm Eighty-Eight oil declares force majeure: sources
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The National Mental Health Survey in India (2015-2016) reiterated the growing burden of mental health issues in our metros. Some common conditions shown to be more prevalent in urban areas include depression, anxiety across age groups, high suicide rates, substance use disorders, and dementia.I make it a point to ask my patients where they are coming from, since their immediate living environment is key. Recently, a 45-year-old woman in Chennai approached me with symptoms of anxiety after moving to a crowded locality from her ancestral home in a quiet zone. It is important to note that more women suffer from depression, especially those from lower-income groups. Increased stressors such as overcrowded and polluted environments, violence, and reduced social support are to blame.Even until a decade ago, senior citizens could commute easily, but today they are anxious to step outdoors. The fear of accidents, difficulties in crossing roads, chain-snatching incidents, absence of walkways, … [Read more...] about How urban design impacts mental health
Arun Kumar: You are absolutely right. I agree with Dr. John on masks, incomes for people to survive. What he is also pointing out is that our public health system is broken, not able to take care of the poor. For instance, rural and semi-rural areas have very poor facilities, and as the disease spreads there, the death rate could go up. What we needed to do was focus on building up our health infrastructure rapidly - doctors, nurses, testing. We have never paid attention to social infrastructure, on education, health, drinking water, etc and that’s why we are facing the problem, and could not implement the lockdown. Unlike China which could implement and control it and within three months there were no reports of fresh disease. It is because of the failure of governance, that we could not implement the lockdown better. We are paying for what we have not done for the past 70 years. I see the divide between the organised and unorganised sectors. The organised sector can use … [Read more...] about Can India’s workforce have a safe return to business?