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New arena at Will Rogers takes shape


The proposed Will Rogers Memorial Center arena continues to take shape as voters head for a Nov. 4 election to decide whether to approve new taxes to help pay for the $450 million facility.

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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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Cooking Class: Fort Worth chef brings home the gold

Toques off to Timothy Prefontaine. The executive chef at the iconic Fort Worth Club is currently the best in the nation, according to the American Culinary Federation. Prefontaine earned the title of 2014 U.S.A.’s Chef of the

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Fort Worth firm 'simplifies' advertising

Reaching customers requires more than price slashing and flashy ads. In today’s competitive marketplace, machines – not men and women – are essential to tapping new markets and

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Trinity Valley School leader to leave in May 2015

Gary Krahn, head of school for the past eight years at Trinity Valley School in Fort Worth, will leave his position in May 2015 when he and his wife Paula will move

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Price of oil slips toward $103 per barrel


PAMELA SAMPSON, AP Business Writer

 

BANGKOK (AP) — The price of oil slipped again Tuesday, a day after hitting a six-week low, as fears of a U.S.-led military attack on Syria faded.

Benchmark oil for November delivery was down 6 cents to $103.53 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract fell $1.16, or 1.1 percent, to close at $103.59 on Monday. Oil has dropped 6.3 percent since closing at a two-year high of $110.53 on Sept. 6.

Some analysts said that apparent diplomatic progress over the elimination of Syria's chemical weapons and a seeming thaw in relations between Iran and Western powers were easing fears of a potential disruption in oil supplies.

The U.S. had threatened to attack Syria in retaliation for an alleged chemical gas attack against civilians. But the Obama administration has since said diplomats would be given a chance to convince Syrians to turn over their chemical weapons before deploying military force.

Carl Larry of Oil Outlooks and Opinions said "too much faith" was being put in Iran, which has agreed to participate in talks about its nuclear program with the U.S. and five other countries later this week at the U.N. The talks will be the highest level contacts between the U.S. and Iran in six years.

He said oil is likely to return to recent highs around $110 a barrel.

"This move lower will continue to fade," Larry said in a market commentary. "Make no mistake, oil prices will come back to the norm."

Brent crude, the benchmark for international crudes used by many U.S. refineries, rose 15 cents to $108.31 a barrel on the ICE Futures exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline fell 0.1 cent to $2.614 per gallon.

— Natural gas lost 1.3 cents to $3.589 per 1,000 cubic feet.

— Heating oil retreated 0.3 cents to $2.954 per gallon.

 

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