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Texas has old, new candidates to offer as presidential hopefuls

The Republican Party has long been riven between its establishment and conservative wings, a split that plays out every four years in the race for the White House.

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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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Two Fort Worth Baylor medical properties acquired

Baylor Surgical Hospital of Fort Worth and Baylor Surgical Hospital Integrated Medical Facility are among three facilities acquired by Carter Validus Mission Critical REIT II Inc.

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Oil consolidates near $97 after losses

BANGKOK (AP) — Oil dwelled near $97 a barrel Friday, consolidating after two weeks of losses sparked by high supplies and patchy global economic growth.

Benchmark U.S. crude for December delivery was up 20 cents at $97.31 a barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract, which rose 25 cents to $97.11 on Thursday, is down nearly 5 percent over the past two weeks.

One factor weighing on the price was Wednesday's report from the Energy Information Administration that said U.S. oil inventories rose by 5.2 million barrels last week, a possible symptom of subdued demand and overproduction. The rise in stockpiles followed a 4 million barrel increase in the previous week.

"Demand isn't looking great and it's not anything to do with fuel efficiency in today's cars. It's the fact that there's high unemployment, weak job creation," said Carl Larry of Oil Outlooks and Opinions.

Asian stock markets were roiled Friday by doubts about the durability of recoveries in Japan and China.

Japan released inflation figures that gave a mixed signal about the effectiveness of Prime Minister Shinzo Abe's economic revitalization strategy that aims to reverse two decades of stagnation and falling prices. In China, there are jitters that tighter central bank management of credit growth could crimp the recovery in the world's No. 2 economy.

Brent crude was down 17 cents at $106.82 a barrel on the ICE Futures exchange in London.

In other energy futures trading on the Nymex:

— Wholesale gasoline fell 1.9 cents to $2.553 a gallon.

— Natural gas fell 1.2 cents to $3.617 per 1,000 cubic feet.

— Heating oil shed 0.4 cent to $2.895 a gallon.

 

 

 

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