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• ☕️What Else is Brewing Wednesday Morning
  The FBI helped take down the world’s most infamous cybercriminal...
  The FBI helped take down the world’s most infamous cybercriminal group. An international operation led by the FBI and the UK’s National Crime Agency dealt a major blow to the ransomware gang LockBit, arresting two people in the US and two others in Poland and Ukraine, while charging two more Russian nationals. LockBit has caused billions of dollars in damages by forcing its targets—many of them major companies—to pay ransoms to decrypt malicious software. The law enforcement agencies also seized LockBit websites on the dark web and obtained keys that will help victims decrypt their computers. “We have hacked the hackers,” NCA Director General Graeme Biggar told reporters.
  
  Everyone’s suing: The FTC and several states reportedly plan to sue to block the merger of grocery giants Kroger and Albertsons. FuboTV is suing to prevent ESPN, Warner Bros. Discovery, and Fox from creating a combined sports streaming service. And disgraced former Congressman George Santos is suing comedian Jimmy Kimmel for duping him into making videos on Cameo.
  
  The Russian pilot who defected to Ukraine and then moved to Spain is believed to have been murdered.
  
  Sony Pictures is planning four new Beatles movies—one from the perspective of each band member—from Skyfall director Sam Mendes.
  
  The Supreme Court declined to hear a challenge to a Virginia high school’s race-neutral admissions policy.
  
  The US told allies that Russia plans to put a nuclear weapon into space that can knock out satellites as early as this year, Bloomberg reported.
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• Closing Oil & Gas Prices
  Benchmark U.S. crude oil for March delivery ...
  Benchmark U.S. crude oil for March delivery fell $1.01 to $78.18 per barrel Tuesday. Brent crude for April delivery fell $1.22 to $82.34 per barrel.
  
  Wholesale gasoline for March delivery fell 6 cents to $2.28 a gallon. March heating oil fell 8 cents to $2.73 a gallon. March natural gas fell 3 cents to $1.58 per 1,000 cubic feet.
  
  
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• US oil growth momentum is fading, but there's hope
  US oil production growth is expected to slow from last year's 1 million...
  US oil production growth is expected to slow from last year's 1 million barrels per day to just 170,000 bpd this year, signaling the slowest growth since 2016, excluding the pandemic years. Declining rig activity due to lower prices, capital discipline and dwindling inventories of drilled-but-uncompleted wells due to dealmaking are contributing to the anticipated deceleration, although some analysts remain optimistic about the potential for future growth through efficiency gains and the involvement of remaining and emerging private players.
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• U.S. stocks end lower as market looks to Fed speakers, Nvidia earnings
  U.S. stocks ended lower Tuesday as investors await earnings results from...
  U.S. stocks ended lower Tuesday as investors await earnings results from AI darling Nvidia on Wednesday, as well as new clues from Federal Reserve officials on interest rates after last week’s inflation data.
  
  The Dow Jones Industrial Average DJIA fell 64.19 points, or 0.2%, to end at 38,563.80.
  
  The S&P 500 SPX lost 30.1 points, or 0.6%, to finish at 4,975.51.
  
  The Nasdaq Composite COMP declined 144.87 points, or 0.9%, to close at 15,630.78.
  
  The U.S. stock market was closed on Monday for Presidents Day. Last week, the Dow fell 0.1%, the S&P 500 shed 0.4% and the technology-heavy Nasdaq Composite dropped 1.3%.
  
  [caption id="attachment_13515" align="aligncenter" width="646"] Sell Your Mineral Rights[/caption]
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• Calif. advances well stimulation permitting phase-out
  The California Department of Conservation's Geologic Energy Management Division has officially unveiled...
  The California Department of Conservation's Geologic Energy Management Division has officially unveiled a proposal to stop issuing permits for hydraulic fracturing and other well-stimulation treatments at onshore and offshore projects statewide. CalGEM is accepting public comments on the plan until March 27, with a public hearing scheduled for March 26.
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