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26-story mixed-use tower planned at Taylor & Fifth in downtown Fort Worth

Jetta Operating Co., a 24-year-old privately held oil and gas company in Fort Worth, and a related entity plan a 26-story mixed-use tower downtown at Taylor and Fifth streets on a site once owned by the Star-Telegram.

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UPDATE: Six candidates file for two Water Board seats

Six candidates have filed for the two open seats on the Tarrant Regional Water Board, setting up a battle that could potentially shift the balance of power on the board and the priorities of one of the largest water districts in Texas.

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Top area CFOs honored

The Fort Worth Business Press honored 13 area chief financial officers today with a luncheon at the Fort Worth Club.

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Fort Worth breaks ground on $8.6 million South Main renovation

Fort Worth Near Southsiders and city officials broke ground Monday on the 18-month rebuild of South Main Street between Vickery Boulevard and West Magnolia Avenue.

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Body-camera maker has financial ties to former Fort Worth police chief, others

IOWA CITY, Iowa (AP) — Taser International, the stun-gun maker emerging as a leading supplier of body cameras for police, has cultivated financial ties to police chiefs whose departments have bought the recording devices, raising a host of conflict-of-interest questions.

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Oil price eases, natural gas steady

The Associated Press

 

Oil prices eased Friday after gaining 1 percent a day earlier on smaller stockpiles and signs of stronger U.S. demand.

Benchmark U.S. crude for February delivery shed 29 cents to $98.75 per barrel in electronic trading on the New York Mercantile Exchange.

Brent crude for February delivery, a benchmark used to price international crudes used by many U.S. refiners, shed 29 cents to $110 in London.

Meanwhile, natural gas held steady at a 29-month high of $4.46 per thousand cubic feet on Nymex. It added 5 percent a day earlier after the U.S. government reported a huge draw in supplies due to recent cold weather.

The Energy Department said Thursday that natural gas supplies dropped by 285 billion cubic feet last week and are 261 billion cubic feet below the five-year average.

Oil prices rose despite the U.S. Federal Reserve's decision to ease its stimulus, which analysts believe will lead to lower oil prices.

The Fed's action is expected to increase the value of the dollar compared with other currencies. That makes commodities such as oil, which are priced in dollars, more expensive and less attractive.

However, the Fed's decision also was seen by financial markets as a vote of confidence that the American economy is strengthening. That might fuel expectations for higher energy demand.

In other energy futures trading on Nymex:

— Wholesale gasoline edged up 0.8 cents to $2.748 a gallon.

— Heating oil shed 0.3 cents to $3.022 per gallon.

 

 

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