Join The Discussion

 

Fort Worth's new thoroughfare plan aims for more variety in street design

Fort Worth is launching a review of its master thoroughfare plan aimed at accommodating continued suburban growth and central city redevelopment with a greater variety of streets and more efficient traffic flow.

read more >

Holt Hickman, businessman who helped preserve Stockyards, dies at 82

Longtime Fort Worth businessman, philanthropist and preservationist Holt Hickman died Nov. 15, 2014, at the age of 82.

read more >

UPDATE: Could American Airlines move its headquarters?

A key linchpin in the Fort Worth economy, American Airlines Group Inc., is considering sites for a new headquarters, possibly outside the city, the airline’s CEO said this morning.

read more >

Crestwood area hoping to block planned office building

Residents of West Fort Worth’s Crestwood Association are trying to block the rezoning of a small apartment complex at White Settlement Road and North Bailey Avenue to make way for a planned office building, saying it would represent the start of commercial encroachment into their neighborhood.

read more >

Tiger Woods takes a swing at Fort Worth's Dan Jenkins - in print anyway

Rarely does Golf Digest make the news. Leave it to Dan Jenkins to change that.

read more >

Dominion moves ahead with US gas export project

 

 

 

MATTHEW BARAKAT,AP Business Writer

McLEAN, Virginia (AP) — Hoping to capitalize on a boom in natural gas production in the U.S., an energy company is submitting a 12,000-page application to federal regulators to build a $3.4 billion plant in southern Maryland to export liquefied natural gas.

Richmond, Virginia-based Dominion Resources Inc. also announced Monday it has deals in place with energy companies in Japan and India to buy the gas that would be processed there.

Dominion wants to expand its existing Cove Point plant in Lusby, Maryland, to produce liquefied natural gas for export. The facility — already served by 88 miles (141 kilometers) of pipeline — would take advantage of the natural gas boom in the mid-Atlantic associated with the Marcellus and Utica shale formations.

Exporting gas allows it to be sold at a much higher price than on the domestic market, where gas is more abundant.

Some consumer advocates have opposed large-scale exportation of natural gas, saying it reduces the domestic supply and therefore increases prices for U.S. customers.

Environmentalists also oppose the plan, fearing harm to the Chesapeake Bay from pollution at the plant and raising concerns about wasted energy in chilling the gas to a liquid for exportation.

More broadly, environmentalists are concerned about the environmental impact from the process by which gas is extracted — called hydraulic fracturing, or fracking, which involves blasting mixtures of water, sand and chemicals deep underground to stimulate the release of gas.

The Sierra Club sued last year to try and block Dominion's plans for Cove Point, but in January a Maryland judge sided with Dominion. That ruling has been appealed.

Sierra Club spokeswoman Jenny Chang said the organization plans to closely review Dominion's application.

Pending approval, Dominion plans to start construction on the facility next year and begin liquefying gas for export in 2017.

 

< back

Email   email
hide
Midterms
What was the message of the midterm elections?