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• ☃️It’s very snowy in California
  Storms with fierce winds began ...
  Storms with fierce winds began dumping snow on the Sierra Nevada on Thursday and are expected to continue through the weekend, with most of the area under a blizzard warning through Sunday. As much as 12 feet has been predicted in the mountains, and the snowfall is likely to snarl travel and create potentially life-threatening conditions. But it will also help shore up the state’s water supply, since the snowpack was at 80% of its average coming into March before the storm began.
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• ☕️What Else is Brewing Saturday Morning
  US to airdrop aid to Gaza. With the humanitarian crisis...
  US to airdrop aid to Gaza. With the humanitarian crisis in Gaza growing worse amid the Israel–Hamas war, President Biden said the US would begin airdropping humanitarian aid into the area over the coming days. The decision follows an incident where Israeli troops fired on Palestinians approaching an aid convoy, resulting in a skirmish that killed 115 people. Biden also vowed the US would press Israel to allow more aid to enter by land, saying, “We’re going to insist that Israel facilitate more trucks and more routes to get more and more people the help they need.”
  
  The CDC says you no longer need to isolate for five days if you have Covid as long as you’re fever-free and your symptoms are improving.
  
  Donald Trump’s lawyers asked a Florida federal judge to push back the trial date over classified documents found at Mar-a-Lago until after the election. Meanwhile, a judge in Georgia hopes to decide within two weeks whether to kick the district attorney accusing Trump of election interference in the state off the case over her relationship with a colleague.
  
  Boeing is in talks to buy back Spirit AeroSystems, a fuselage maker it spun off in 2005 that’s connected to many of the recent issues with Boeing Max 737 planes.
  
  Reddit is reportedly seeking a valuation of up to $6.5 billion in its stonks stock debut.
  
  The IRS is going after people who earned between $400,000 and $1 million but failed to file tax returns as far back as 2017.
  
  Chick-fil-A says you should toss any packages of its Polynesian Sauce you’ve got shoved in a drawer because it might contain wheat and soy allergens.
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• US oil and gas rig count rises to highest since September
  U.S. energy firms this week added oil and natural gas rigs for a second...
  U.S. energy firms this week added oil and natural gas rigs for a second straight week to their highest since September, energy services firm Baker Hughes said in its closely followed report on Friday.
  
  The combined oil and gas rig count, an early indicator of future output, rose by three to 629 in the week to March 1, its highest since the week ending Sept. 22. 
  
  Despite this week's rig increase, Baker Hughes said the total count was still down 120 rigs, or 16%, below this time last year.
  
  Baker Hughes said oil rigs rose three to 506 this week, also their highest since September, while gas rigs fell by one to 119.
  
  In 2023, the U.S. oil and gas rig count dropped about 20% after rising by 33% in 2022 and 67% in 2021, due to a decline in oil and gas prices, higher labor and equipment costs from soaring inflation, and as companies focused more on paying down debt and boosting shareholder returns instead of raising output.
  
  
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• Closing Oil & Gas Prices
  Benchmark U.S. crude oil...
  
  
  Benchmark U.S. crude oil for April delivery rose $1.71 to $79.97 per barrel Friday. Brent crude for May delivery rose $1.64 to $83.55 per barrel.
  
  

  
  

  
  
  Wholesale gasoline for April delivery rose 3 cents to $2.61 a gallon. April heating oil rose 5 cents to $2.70 a gallon. April natural gas fell 2 cents to $1.84 per 1,000 cubic feet.
  
  
  
  
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• Nasdaq, S&P 500 close at fresh record highs as U.S. stocks gain Friday
  U.S. stocks finished higher Friday, with the S&P 500 and Nasdaq Composite...
  U.S. stocks finished higher Friday, with the S&P 500 and Nasdaq Composite rising to records.
  
  The Dow Jones Industrial Average rose 90.99 points, or 0.2%, to close at 39,087.38.
  
  The S&P 500 climbed 40.81 points, or 0.8%, to finish at 5,137.08, notching its 15th record close of 2024.
  
  The Nasdaq Composite gained 183.02 points, or 1.1%, to end at 16,274.94, scoring another record peak a day after it posted its first record close since November 2021.
  
  For the week, the Dow slipped 0.1% while the S&P 500 rose 0.9% and the technology-heavy Nasdaq gained 1.7%, according to Dow Jones Market Data.
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