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• US certified gas market is still developing, execs say
  MiQ CEO Georges Tijbosch hopes growing interest in certified liquefied...
  MiQ CEO Georges Tijbosch hopes growing interest in certified liquefied natural gas cargoes from European and Asian buyers will ease the current oversupply in the US-certified natural gas market and boost near-zero premiums. EQT, for example, is not yet seeking a premium for its more than 4 Bcf/d of certified gas production, but William Jordan, the company's general counsel, says premiums are necessary in order to grow the market.
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• ☕️What Else is Brewing Thursday Morning
  The Fed is sticking to the plan. Investors were worried...
  The Fed is sticking to the plan. Investors were worried about what Jerome Powell might bring them yesterday, after several indicators that inflation isn’t quite as licked as the Fed hoped it was when it last made projections about rates. But they needn’t have been, because JPow and Co. stuck to the forecasts they laid out in December, predicting three rate cuts before the year is out. Powell shrugged off the recent data on sticky high prices, saying, “I think they haven’t really changed the overall story, which is that of inflation moving down gradually on a sometimes bumpy road toward 2%.”
  
  The Los Angeles Dodgers fired Shohei Ohtani’s interpreter, accusing him of stealing millions from the baseball star.
  
  Neuralink, Elon Musk’s brain implant company, posted a video on X of its first human user showing off what he can do with the device.
  
  Private equity firm Apollo Global Management has offered $11 billion for Hollywood studio Paramount Pictures, though Paramount Global is reportedly also considering other takeover offers.
  
  Boeing warned investors it’s looking at a big loss for Q1 as it struggles with the continued fallout from a door plug coming off a plane midflight in January.
  
  Ireland’s Prime Minister, Leo Varadkar, unexpectedly said he will step down, calling his reasons for resigning “personal and political, but mainly political.”
  
  The UK’s privacy watchdog is investigating reports that hospital staff tried to improperly access Kate Middleton’s hospital records, as rumors regarding the princess continue to swirl.
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• Closing Oil & Gas Prices
  Benchmark...

  Benchmark U.S. crude oil for April delivery fell $1.79 to $81.68 per barrel Wednesday. Brent crude for May delivery fell $1.43 to $85.95 per barrel.

  
  

  Wholesale gasoline for April delivery fell 3 cents to $2.73 a gallon. April heating oil fell 6 cents to $2.70 a gallon. April natural gas fell 4 cents to $1.70 per 1,000 cubic feet.

  
  
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• Dow, S&P 500 and Nasdaq all end at record highs after Fed's policy announcement
  All three major U.S. stock indexes finished at their highest closing...
  All three major U.S. stock indexes finished at their highest closing levels ever for the first time in more than two years on Wednesday after Federal Reserve officials reiterated the prospect of three 2024 rate cuts.
  
  The Dow Jones Industrial Average rose 401.37 points, or 1%, to end at 39,512.13, based on preliminary data.
  
  The S&P 500 gained 46.11 points, or 0.9%, to close at 5,224.62 after breaking through the 5,200-mark for the first time.
  
  The Nasdaq Composite rose 202.62 points, or 1.3%, to end at 16,369.41.
  
  The last time all three indexes closed at record levels on the same day was Nov. 8, 2021.
  
  
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• CEO Mike Wirth details Chevron's geothermal initiatives
  Chevron is applying its expertise in traditional geothermal techniques...
  Chevron is applying its expertise in traditional geothermal techniques to geothermal pilot projects in California and Japan, chairman and CEO Mike Wirth revealed at CERAWeek. However, since conventional methods are only efficient in areas with high-quality resources, the company is also testing newer technologies such as fracking and horizontal drilling to access geologically complex formations, Wirth said.
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