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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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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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American Airlines' first 787 Dreamliner arrives at D/FW

American is preparing the plane to begin service sometime in the second quarter.

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Fort Worth's Davis writes Obama a letter in support of American merger

State Sen. Wendy Davis, D-Fort Worth at a Washington, D.C. fundraiser in July. Photo courtesy of AP

Dave Montgomery
Austin Correspondent


AUSTIN – Sen. Wendy Davis, in a letter to President Obama, warned that the administration’s opposition to American Airlines’ merger with US Airways would threaten thousands of jobs and endanger the Fort Worth-based carrier.
“I strongly disagree with President Barack Obama and his Administration’s opposition to the proposed merger…and I urge him to reconsider his position,” Davis said in a statement Friday.
In the letter, which Davis’ office released along with the statement, the Fort Worth Democrat urged the Justice Department to back away from a suit that it filed with Texas and five other states to block the merger, which American Airlines considers crucial to its emergence from bankruptcy.
“Failure to support the merger may ultimately mean failure to maintain American Airlines in the marketplace,” Davis said in the April 15 letter. The merger, she told Obama, is “critical” to American’s survival “and therefore critical to its preservation as a competitor in the commercial airline market.”


Davis, who is nearing a decision on whether or not to run for governor, announced her opposition to the Justice Department suit earlier this week but the letter to Obama further details her concerns about the potential impact. The letter does not mention Texas Attorney General Greg Abbott, the Republican frontrunner for governor who joined the Justice Department in filing the suit.
“I disagree with (U.S.) Attorney General Eric Holder’s statement that the merger will have a negative impact on consumers,” Davis said. “Rather, I believe that American Airlines’ failure to survive bankruptcy would contribute to an even less competitive arena in the airline industry than would the proposed merger.


“I believe the merger would, in actuality, have a considerable positive impact on competition,” she said.
Davis said that blocking the merger could result in a “significant disruption” of the U.S. labor market, noting that American has nearly 60,000 employees around the world, including thousands who live “in and around” her Tarrant County senatorial district.
“I know you and I share the same goal of protecting consumers while preserving jobs in a highly competitive global market,” Davis told the president. “I believe the plan approved for American and US Airways appropriately strikes that balance.”

 

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