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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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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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Airlines say US case against big merger is flawed

WASHINGTON (AP) — American Airlines and US Airways say that the government's opposition to their planned merger shows that it doesn't understand the airline industry.

The airlines said in court filings late Tuesday that the U.S. Justice Department's analysis of the merger ignores competition that now exists from low-cost carriers such as Southwest. American says that the government instead relies on "anecdotes involving small numbers of passengers" and an idealized but outdated vision of the industry.

A trial on the government's lawsuit is scheduled to begin Nov. 25 in Washington.

The airlines raised familiar arguments in the filings to support the merger. They said that it would offer customers more flight options and improve competition by creating a stronger rival to the nation's biggest carriers, United and Delta.

The Justice Department and several states sued last month to block the merger, which would create the world's biggest airline. The government said the merger of American parent AMR Corp. and US Airways Group Inc. would reduce competition and lead to higher prices. It also said the combined carrier would have too much power at Reagan National Airport outside Washington.

The airlines complain that the government did not block several other airline mergers in the past decade. The Justice Department considers that irrelevant. The government says American and US Airways are doing well enough to succeed without merging, which the airlines say is a shortsighted view. US Airways says that the two companies lost $13.7 billion in the last 12 years.

The airlines had until Tuesday to file responses to the latest version of the government's lawsuit.
 

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