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The Real Reason OPEC+ Refused To Boost Production Further
Oil prices raced past $81 today as OPEC+ refused to increase production by more than the agreed-upon 400,000 bpd this month
There are now fears in the market that OPEC+ may not actually be capable of increasing production much further
While Saudi Arabia and the UAE have boosted production recently, the other cartel members have all seen production fall this year
A year ago, the oil industry was struggling to stay afloat, with OPEC producers being told they were becoming increasingly irrelevant in a world set on a renewable energy path. Fast forward to today, and analysts are talking about crude oil reaching $100 before the year ends. Now, even if OPEC and its allies wanted to help those who find the current prices too steep, they may not be able to.
Earlier this year, the cartel and its allies, led by Russia, decided to return 400,000 bpd to global supply monthly until their combined output level reached pre-pandemic daily averages. At the time, in early summer, it was widely believed that this would be enough to cap international prices. Forecasts about the death of oil demand were abundant even though oil demand was recovering faster than most earlier forecasts had anticipated.
And then Europe cried it was out of gas.
Inside a month, Brent crude went from $72 to $79, touching $80 a barrel briefly as the shortage of gas, which has spread from Europe to China, spurred even greater demand for oil with natural gas prices so high that oil became a cheaper alternative for power generation. Coal demand also soared sky-high, even in Europe, as utilities struggled to find raw materials to keep the lights on. Once again, OPEC was called upon to add more supply to the market.
The most prominent call for OPEC to boost supply came from the United States. Despite rising oil prices, U.S. shale producers have maintained a strict drilling discipline, focusing on shareholder returns rather than production growth. That has kept U.S. oil production rising relatively modestly even while prices at the pump jumped.
Then Hurricane Ida wiped out an estimated 30 million barrels of production. Russia became the second-largest foreign supplier of oil to the United States, and the Biden administration turned to OPEC.
The cartel did not respond to Washington's request for more oil, which suggests that's it may stick to the script and continue adding 400,000 bpd each month. Last week, several sources from OPEC told Reuters that the group could hypothetically frontload its production boosts, increasing production by 800,000 bpd one month and then no boost the following month. This would push supply higher, but the scheme would only have a short-lived effect.
OPEC+ could have scored a few easy points and rub some noses in the fact the world still needs lots of oil by boosting production by more than 400,000 bpd at today's meeting. In the end, however, the group decided not to. One reason for this decision may have been that implementing such a boost would have been challenging, however.
Vortexa reported last month that there is a considerable disparity in the export capacity of different OPEC+ members. While Saudi Arabia and the UAE raised their combined exports by some 1.9 million bpd over the three months to September, all other producers in the group have recorded export declines since the start of the year.
The difference between oil production and supply is often neglected, but it is nevertheless essential. Supply can be kept higher than production for some time, making production rates less relevant. However, the Vortexa data suggests that most members of the extended oil cartel lack the means to boost their production and thus add to supply.
It was no coincidence that OPEC Secretary-General Mohamed Barkindo said last week that the world cannot afford to underinvest in oil. However strong the green push of Europe, the United States, and more recently China, the recent energy crunch should be proof enough that the world still depends on fossil fuels.
"The energy crisis in Europe and many parts of the world is a wake-up call," Barkindo said, as quoted by the Wall Street Journal, adding, "It all comes back to the issue of investment across the oil-and-gas industry."
Yet a lot of OPEC members suffer from chronic underinvestment, aggravated by last year's pandemic blow to demand. Banks, too busy making net-zero commitments, have also become less willing to finance oil and gas projects, and the companies normally responsible for these projects - the supermajors and other large oil and gas players - have themselves stepped on the net-zero path.
Sure enough, they still invest in their core business with TotalEnergies, for instance, recently unveiling a massive investment plan for Iraq focusing on oil although also including building solar power capacities in OPEC's number-two exporter. Yet overall, Big Oil is turning its back on what made it Big Oil. And that's bad news for production capacity. Without that production capacity, even the most West-friendly OPEC member would find it hard to deliver on requests for more oil once barrels in storage have been exhausted.
Much of the world may be in for a difficult winter this year. China is sucking out whatever gas, oil, and coal is available to prepare for the cold months. However, even it may not be completely prepared. Europe is on the brink of blackouts unless it secures enough gas - and gas is tight. The U.S. is the safest thanks to its local production, but it's not as safe - in terms of energy prices - as it could be. OPEC may come to the rescue, aware that if oil prices rise much further, it will be a problem for everyone. But how long will this rescue mission last if demand continues to rebound as strongly as it has been doing so far?
By Irina Slav for Oilprice.com

redpajama_set_name: RedPajamaCommonCrawl


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Who is feminist Hindi writer?
Usha Priyamvada is a renowned feminist Hindi writer who has made a name for herself in the literary world. She is known for her bold and honest writing that speaks to the realities of women in India.
Priyamvada was born in Uttar Pradesh, India, and began writing at a young age. She has published several books of fiction, including the novel, "Aur Ek Khwab" (And a Dream), which was published in 2009. The novel is a story of a woman's journey of self-discovery and her struggle to find her place in a male-dominated society.
Priyamvada is also known for her short stories, which often explore themes of gender inequality and the challenges faced by women in India. Her stories have been published in various magazines and journals, and have been translated into English and other languages.
Priyamvada is a vocal advocate for women's rights and has been involved in various social and political movements in India. She has also been a part of the Indian Women Writers' Movement, which is a platform for women writers to share their work and experiences.
Priyamvada's work has been praised by critics and readers alike. She has been the recipient of several awards, including the Sahitya Akademi Award for her novel, "Aur Ek Khwab". She has also been honored with the Padma Shri Award in 2020 for her contribution to literature.
Usha Priyamvada is an inspiration to many women writers in India and around the world. Her work has opened up conversations about gender inequality and the need for more women's voices in literature. She is a testament to the power of the written word and the importance of having a platform for women to share their stories.
Adieu Sundar Lal Bahuguna- The face of Chipko Movement.


Wrinkle Neck Mules is an American band from Richmond, Virginia. The band has released 6 full-length records and one EP. Songwriting duties are primarily split between Andy Stepanian and Chase Heard, who are also owners of the clothing company Howler Brothers. The band keeps a limited touring schedule because the members are split between Virginia and Texas.


I hope you're finding ways to stay cool these days… Speaking of which, it's time to start thinking about fall and winter, at least in terms of yoga!
I invite you to join me for the 2016-2017 Fall/Winter Semester of Hits the Spot Yoga: September 5, 2016 – February 18, 2017.
 Early Bird Discount: The deadline for this offer is July 30, 2016.
Yoga has been really big part of my life for over 29 years, and I feel very fortunate that I continue to have the opportunity to share that love of yoga with you!
I'm looking forward to practicing with you in the Fall/Winter Semester!
PS: Don't forget, the Spring/Summer Semester is still happening! And it runs until July 30.
There is space available in certain classes during this time for drop-ins.
Please contact me to find out which classes currently have space.
This entry was posted in Classes, Messages from Scott and tagged affordable, beginners, curriculum, early-bird discount, fall, intermediate, lesson plans, makeup classes, master teacher, meditation, postures, semester, September, winter, yoga, yoga flow on July 14, 2016 by Kelly Salasin.
We are having a special day of beginning level classes on Wednesday, February 17!
It's a wonderful opportunity for people who are unfamiliar with the Hits the Spot Yoga approach, to try it out, free of charge.
Please feel free to share this with anyone you know who would enjoy this experience.
And please feel free to accompany them to the class, if you would like, free of charge.
This entry was posted in Classes, Events, Messages from Scott and tagged beginners, Brattleboro, free day of classes, friendly approach, new to yoga, open studio, Southern Vermont on February 11, 2016 by Kelly Salasin.
As many of you know some class times fill up quickly so reserve your space as soon as you can–and take advantage of the early-bird rate–when you do so by February 13th!
PPS. If you're inclined, please also share this information with two friends—folks you feel would really enjoy yoga the way I teach it and who haven't had a chance to attend a class yet.
This entry was posted in Classes, Messages from Scott and tagged beginners, early bird offer, intermediate, make up classes, Spring Summer Yoga Semester, yoga classes, yoga curriculum, yoga flow and meditation on February 4, 2016 by Kelly Salasin.
Are you new to yoga or new to the Hits the Spot approach?
Try a class for free this month, on Scott!
February 2 through February 12th, 2016.
During the last two weeks of the Fall/Winter session, find out why Scott's approach to teaching yoga hits the spot for so many folks in Southern Vermont–since 1992.
Reknown for his friendly, compassionate style, creator/founder Scott Willis teaches 14 classes a week for all levels. The Hits the Spot curriculum is for men and women of all shapes, sizes and degrees of strength and flexibility. Scott encourages students to go to the steady, comfortable edge of the stretch that's appropriate for each student's unique body.
Check the schedule for a time that works for you, and call a day ahead to confirm space and your free spot in one of Scott's beginning, beginning/intermediate, intermediate or yoga flow classes; and Saturday's yoga for golfers classes.
This entry was posted in Classes and tagged beginners, Brattleboro Vermont, February offer, first-timers, free class, friendly approach, yoga on February 1, 2016 by Kelly Salasin.
Hits the Spot Yoga–for Golfers!
Click here for information about class schedule, rate, and enrollment!
I'm excited to announce that Hits the Spot Yoga for Golfers has returned! The new course will begin in January 2016.
One reason I created this 12-session course is because as we grow older and wish to continue to fully enjoy the amazing game of golf, our bodies don't always cooperate fully. To help our bodies stay in game-playing shape over the winter, we can benefit greatly from practicing golf-specific yoga techniques for optimal flexibility, strength, and focus.
The new Hits the Spot Yoga for Golfers 2016 focuses solely on the physical and mental aspects of the game, leaving the swing mechanics in the most capable hands of really good teachers like Eric Sandstrum and Jay Morelli.
Over the 12 sessions, we will focus on learning four yoga routines that promote flexibility, balance, strength, and joint health. Once you learn these routines, you can tailor them to meet your specific needs and then continue using them throughout the golf season.
At the end of each class, during relaxation, we will listen to tips from the most excellent Dr. Bob Rotella on how to improve our mental game, including tips on how to practice on the range and practice greens, and how to take what we practice onto the course.
There's another important change in the course for 2016: separate women's and men's classes. Don't worry, this isn't to cut down on the fun! We're doing this so each class can focus on the specific—and different—changes in flexibility and strength that women and men experience with time.
Hits the Spot Yoga for Golfers 2016 is a great way to improve your game during the off season while you hang out with other folks who love golf—as we all wait for that magical day in April.
Here's to achieving our personal best in 2016—and having fun while we do it!
This entry was posted in Classes, Messages from Scott and tagged flexibility for golf, gender differences in aging with golf, golfers, golfing yogis, staying in shape to golf, strength for golf, yoga for golfers on December 17, 2015 by Kelly Salasin.


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Best ES File Explorer Alternatives In 2021
The Google Play Store removed ES File Explorer, but many users worldwide are downloading it from different platforms. But after the Indian government banned it officially along with PUBG and other Chinese apps, it was a disaster to Explorers users. And if you are worried about security, you should not rely on ES File Explorer after recent developments. That's why we have brought you the best ES File Explorer alternatives that you can download anytime.
Our experts have once again compiled a list of the best ES File Explorer alternatives for those looking for Explorer's replacements. All of these apps are available and don't belong to a Chinese origin. Let's come back to our topic and have a look at the list given below.
1. Solid Explorer
As compared to ES File Explorer, Solid Explorer might not be effective but still can serve as its replacement. If you want to use some easy service with an elegant interface, this is made for you.IT provides you the opportunity to get rid of Explorers' complicated interface.
It brings a lot of features similar to ES File Explorer, such as cloud support, network sharing, Recycles bin, root explorer, compressed file support, and more. You can even hide and encrypt data using Solid Explorer and includes built-in viewers for all kinds of files.
Neat UI
smooth UX,
Without ads
Comes with dual-pane
2. Files by Google
Files by Google is one of the best ES File Explorer alternatives that are very fast and efficient file managers right now. It is effortless to use, and anyone can use it; they launched this tool as a beginner file manager for Android. Later on, following its success, they added all the advanced features to make it a popular file manager for Android users.
This tool's most helpful feature is that it allows you to clean up the storage from useless files and junk in just a few clicks. Using its essential "Share" function, you can share desired files or folders to other Android devices. It can serve as a data transfer tool as well, and you can place it in the list of best ShareIT alternatives.
No ads or pop-ups
Data Sharing facility
Empty junk
Intelligent categorization
3. MiXplorer
MiXplorer is another remarkable file manager to replace ES FIle Explorer and brings plenty of features to help users. It will surely impress loyal File Explorers users, and it arrives with an advanced user interface with a bottom bar panel. The application enables you to create tabs and multitask with different types of files and folders.
The dual-panel feature allows you to seamlessly switch between two tasks and saves your time. The great thing about MiXplorer, it provides support for almost all types of file formats and can zip and unzip files with ease. It can also handle password-protect PDFs, run ePUB files, and more to improve its work.
Effective UI
Compatible with FTP/SMB,
Cloud-based service
4. FX File Explorer
It is another one of the best ES File Explorer alternatives to help users looking for the best file manager. This tool shares many similarities with ES when it comes to looks and features and arrives with a very clean UI. What makes it better is its capability to increase or decrease the size of folder previews by pinch to zoom.
FX File Explorer allows you to view most file types and supports features like gestures, visual clipboard, app management, and much more. You can accomplish multiple tasks simultaneously using a modern split view interface with drag & drop support.
Doesn't allow ads,
Collection of features
Cleaning function
Customary categorization
Provides theme support
5. File Commander
File Commander, like its name, is your files commander, which serves as an ES File Explorer alternative. It provides you with plenty of features like file categorization, cloud sync support, network file sharing, USB OTG support, and file compression.
You can use its free version, which allows basic features; however, if you need to use all the services, then lose your pocket and buy the Premium version. The Premium version offers modern features such as hide & encryption of files, Recycle Bin, Storage analyzer, file bookmarking, and more. It allows you to perform other tasks while copying and moving tasks in the background, which helps a lot at times.
Innovations:
Recycle Bin included
File Conversion and computer file sharing
Encryption support
6. Total Commander
Total Commander is one of the pioneer file managers serving the Android user for years. This tool doesn't disrupt your experience and doesn't show any ads or bloatware making it one of the best ES File Explorer alternatives. Users adore this application because it free and work absolutely fine.
However, this app's downside is its old-fashioned and outdated interface, but it still allows you to handle anything and everything you throw at it. Enables you to open ZIP and RAR files, drag and drop files, change read-write permissions of folders, etc.
Free app without ads
Most reliable file manager,
It can handle ZIP and RAR files,
Dual-panel mode
7. ASTRO File Manager
ASTRO File Manager is the last name in our list of best ES File Explorer alternatives with more than 50 million downloads on the Play Store. It shows the trust of users because it includes an elegant and advanced interface. The best thing about this app is, there are no irritating ads to annoy you, and you can work without any hassle.
However, there is a bit of controversy about this app developer who claims it's based out of the US, but it has two global franchises in China. So you can pick it at your own risk.
Without ads.
Evolves with the essential features
Can manage ZIP files
We have made a list of the best ES explorer alternatives for those worried about their data privacy and management. Choose any of the best options from the list to share, manage and control your files or folders. Dont forget to send us your suggestion, time for me to leave. share
Tags: Best ES File Explorer AlternativesBest ES File Explorer Alternatives In 2021ES File Explorer AlternativesES File Explorer Alternatives In 2021Files by Google
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