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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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Overland Sheepskin opening Sundance Square store in Fort Worth

The store is expected to open by the holidays, Sundance said.

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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.

 

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What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?