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US President Biden announces release of 50 mn barrels of oil from strategic reserve- The New Indian Express

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By PTI

WASHINGTON: US President Joe Biden on Tuesday, November 23, 2021, announced the release of 50 million barrels of oil from the country’s Strategic Petroleum Reserve to lower energy costs for Americans, a decision taken in coordination with other major economies, including India, Japan and China.

Biden has been working with countries across the world to address the lack of supply as the world exits the pandemic, the White House said.

“Today, the President is announcing that the Department of Energy will make available releases of 50 million barrels of oil from the Strategic Petroleum Reserve to lower prices for Americans and address the mismatch between demand exiting the pandemic and supply,” the White House said.

“And, as a result of President Biden’s leadership and our diplomatic efforts, this release will be taken in parallel with other major energy-consuming nations including China, India, Japan, Republic of Korea and the United Kingdom,” said the White House.

“This culminates weeks of consultations with countries around the world, and we are already seeing the effect of this work on oil prices. Over the last several weeks as reports of this work became public, oil prices are down nearly 10 per cent,” it said.

Gas prices are at about USD 3.40 a gallon (3.785 litres), more than 50% higher than their price a year ago, an Associated Press report quoted the American Automobile Association.

India will release 5 million barrels of crude oil from its emergency stockpile in tandem with the US, China, Japan, and other major economies to cool international oil prices, the government announced in New Delhi on Tuesday.

This is the first time ever that India, which stores 5.33 million tonnes or about 38 million barrels of crude oil in underground caverns at three locations on the east and west coast, is releasing stocks for such purposes.

Of this, about 5 million barrels will be released.

“India strongly believes that the pricing of liquid hydrocarbons should be reasonable, responsible and be determined by market forces,” a government statement said.

India has repeatedly expressed concern at the supply of oil being artificially adjusted below demand levels by oil-producing countries, leading to rising prices and negative attendant consequences.

While the statement did not give the date for release, an official privy to the matter said the stock could be released as early as 7-10 days.

Soon after President Biden’s announcement, Secretary of Energy Jennifer M. Granholm authorised that 50 million barrels of crude oil from the U. S. Department of Energy’s (DOE) Strategic Petroleum Reserve (SPR) be made available.

As the global economy recovers from the pandemic, oil supply has failed to increase at a pace necessary to meet demand, the US energy department said.

“Today’s decision is in response to the highest oil prices experienced in seven years and aims to ensure adequate supply as we exit the pandemic.

For the first time, as the result of the President’s leadership, today’s announcement is in parallel with other major energy-consuming nations including China, India, Japan, South Korea, and the United Kingdom,” it said.

“As we come out of an unprecedented global economic shutdown, oil supply has not kept up with demand, forcing working families and businesses to pay the price,” said Granholm.

“This action underscores the President’s commitment to using the tools available to bring down costs for working families and to continue our economic recovery,” he added.

The SPR is the world’s largest supply of emergency crude oil, and the federally owned oil stocks are stored in underground salt caverns at four storage sites in Texas and Louisiana.

It is a critical tool that has a long history of protecting the economy and American livelihoods in times of economic challenge, the Department of Energy said.

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Genome sequencing finds no new Covid variant- The New Indian Express

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By Express News Service

DHARWAD: In a huge relief, genome sequencing found no new variant in any of the 113 samples from SDM Medical College.  As many as 306 students and a few medical staffers were infected with Covid-19 last week at SDM Medical College and Hospital in Dharwad. All the infected students are under treatment in their hostels, and staffers are quarantined in their houses.

Among the infected, six had mild infection and the remaining asymptomatic. Students with mild symptoms have now recovered. Among the 306 infected, 113 swab samples were sent to a laboratory in Bengaluru for genome sequencing. Deputy Commissioner Nitesh Patil confirmed that no new variant was traced in these 113 samples. 

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‘Red Notice’ Delivers Light Humor and an Exciting Plot

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★★★★☆

Running through marble hallways, past gold-trimmed portrait frames and sculptures draped in plastic, FBI Agent John Hartley (Dwayne Johnson) and Nolan Booth (Ryan Reynolds) chase each other through a museum—immediately immersing the audience into an action-packed mystery story. Red Notice arrived on Netflix with its star-studded cast on Nov. 5, offering audiences comedy and a plot full of double-crosses and fast-paced chase scenes.

The movie begins with a documentary-like introduction to the legendary treasure that the plot revolves around: Cleopatra’s third egg. While the first egg resides in Rome and the second with a private buyer, the third golden, gem-studded egg remains lost. Hartley and Booth are both after that third egg. 

All things considered, this is a fun, entertaining movie with a very talented cast of superb actors and actresses. Red Notice is a quality addition to a very popular, very full genre of comedy-action movies. From start to finish, director Rawson Marshall Thurber leaves the audience guessing which character will be double-crossed next. 

The plot takes a variety of unexpected twists and turns on the path to a relatively satisfying, but predictable ending. While the several double-crosses add volatility—and perhaps even creativity—to the movie, the flow of the movie is unsurprising. 



Reynolds never fails to carry out his role with particular suave with his smooth line delivery, although he seems to be pigeon-holed into the same role in many of his movies. He plays the cunning, witty, and handsome thief who is able to escape authority, and he is perfectly suited to this role here and in the popular Deadpool films. 

In a similar sense, Johnson plays his typical no-nonsense-exterior-but-kind-heart-interior character for most of the movie. But who doesn’t love “The Rock”? The movie portrays a typical plot headed by actors playing very typical roles with no sense of exploration or originality.

But if the audience can get beyond the unoriginality, the extravagance of the museum sets and the intensity of the action scenes still provide a source of entertainment. As Netflix’s most expensive original movie to date, with a massive price tag of $200 million, the overall production was admirable. The CGI and animations were impressive, including a realistic bull that causes mayhem.

Ultimately, Red Notice is exactly what it advertises itself as. It’s a funny, wild, irreverent, silly family movie with a cast that performs their natural roles with ease. But, for anyone scrolling through Netflix looking for something new, something different, something to make you think or leave you in awe, this is not it. 

Featured Image Courtesy of Netflix

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Lord of the Rings Cast: Where Are They Now? – Collider.com

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Lord of the Rings Cast: Where Are They Now?  Collider.com

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