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Obama calls for offshore drilling in Southeast

WASHINGTON — The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling offshore along parts of the Atlantic coast while imposing new restrictions on environmentally fragile waters off northern Alaska.

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Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

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Museum District: Area’s evolution creating more interaction, public spaces

Fifteen years ago if someone had shot a cannon from Fort Worth’s world-renowned museum district, nobody would have noticed, joked Lori Eklund, senior deputy director of the Amon Carter Museum of American Art. But that has changed.

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Energy Transfer Partners, Regency Energy announce $18B merger

Energy Transfer Partners LP of Dallas and Regency Energy Partners LP have entered into a definitive merger agreement.

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Alliance's Hillwood Commons lands first tenant

A large title insurance, property valuation and settlement services company is the first tenant at Hillwood Commons I, an office complex at Alliance Town Center.

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Senate panel considers transportation funding bill

 

JIM VERTUNO,Associated Press


AUSTIN, Texas (AP) — Texas lawmakers are pondering how to solve the state's billion-dollar problem of paying for roads and other transportation projects.

Gov. Rick Perry this week added transportation funding to the agenda of the special session of the Legislature. The Senate Finance Committee has scheduled a Wednesday hearing on a plan to send a portion of oil and gas severance taxes into a special roads fund.

That money now goes into the state's reserve fund, and the plan by Sen. Robert Nichols of Jacksonville could divert billions toward building roads. Such a move would require a constitutional amendment approved by voters statewide.

State transportation leaders say Texas needs about $4 billion more per year on roads, even after a decade-long spike in highway construction and maintenance.

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