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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

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Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

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Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

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Weatherford's Wild Mushroom to open in Fort Worth's Ridglea Village

Weatherford restaurant staple The Wild Mushroom Steak House & Lounge will be coming to Fort Worth in November, moving into the former site of Ray’s Steakhouse at to 3206 Winthrop Ave. in the Ridglea Village Shopping Center.

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Ford to offer F-150 that runs on natural gas

Ford Motor says it will start offering its versions of its best-selling F-150 full-size pickup that can run on liquefied natural gas.
Credit: Courtesy Ford

Chris Isidore

NEW YORK (CNNMoney) -- Ford Motor says it will start offering its versions of its best-selling F-150 full-size pickup that can run on liquefied natural gas.

The gas can be either compressed natural gas (CNG) or liquefied petroleum gas (LPG). Ford says that the lower cost of natural gas -- about the equivalent of $2.11 per gallon of gasoline -- means that customers will be able to save money within 24 to 36 months of ownership, even though they will have to pay nearly $10,000 more for the option.

"Businesses and fleet customers have been asking Ford to make F-150 available with CNG capability to take advantage of the fuel's low price and clean emissions," said Jon Coleman, Ford fleet sustainability and technology manager.

The CNG tank will be located in the front of the pickup truck's bed. The truck will be able to run up to 750 miles on CNG or LPG, depending upon the size of the tank taken. Running on gasoline, the 2013 model year version of the truck averages 19 miles per gallon, according to the EPA.

The CNG option has already been available on the larger F-350 pickup, but the F-150 is Ford's No. 1 vehicle and the leader in the full-size pickup segment. The CNG option will be available starting in the 2014 model year.

Ford also plans to offer the CNG/LPG option on seven other commercial vehicles over the course of the next 12 months.

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