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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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Fort Worth draws closer to deal with Lancaster developer

City staff are planning to introduce the developer Feb. 3 at a meeting of the City Council's Housing and Economic Development Committee.

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Compass BBVA names Happel CEO for Fort Worth

BBVA Compass has appointed Brian Happel, most recently the Fort Worth city president, its chief executive officer of Fort Worth.

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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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Oil below $98 on expectations US stockpiles rose

BANGKOK (AP) — Oil got cheaper Wednesday ahead of a second U.S. supply report this week that could show crude stockpiles continuing to rise.

Benchmark U.S. crude for December delivery was down 66 cents at $97.65 a barrel at midafternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract fell $1.38 to $98.30 on Tuesday.

Oil is trading at its lowest since late June as ample supplies and a slowdown in U.S. hiring suggest subdued demand. Iran's pursuit of international dialogue to resolve the impasse over its nuclear ambitions has reduced the political risk premium that is factored into the price of crude.

The U.S. Energy Department will release crude stockpile figures for last week later Wednesday and a 3 million barrel increase is expected.

The supply report for the week ended Oct. 11 was released Monday after being delayed five days due to the government shutdown. It showed crude supplies up by 4 million barrels.

Brent crude, the international benchmark, fell 68 cents to $109.28 a barrel on the ICE futures exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline fell 0.8 cent to $2.599 a gallon.

— Natural gas rose 1.2 cents to $3.593 per 1,000 cubic feet.

— Heating oil slipped 2 cents to $2.975 a gallon.

 

 

 

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