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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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Alliance's Hillwood Commons lands first tenant

A large title insurance, property valuation and settlement services company is the first tenant at Hillwood Commons I, an office complex at Alliance Town Center.

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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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Fort Worth's mayor looking for new chief of staff

Jason Lamers is leaving the city after 14 years to join Burlington Northern Santa Fe.

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Oil prices start year with rise on demand hopes


The Associated Press

TOKYO (AP) — Oil prices started the new year Thursday with a gain amid hopes for stronger demand following a 7 percent surge in 2013.

Benchmark oil added 28 cents to $98.70 on the New York Mercantile Exchange.

Hopes for the solid demand in coming months are pegged to the signs of a recovery in the U.S., which is expected to help revive other major global economies.

Brent crude, a benchmark used to price international crudes used by many U.S. refiners, added 28 cents to $111.08.

In other energy futures trading:

— Natural gas futures were little changed at $4.24 per thousand cubic feet.

— Heating oil was also little changed at $3.07 a gallon.

— Wholesale gasoline was unchanged at $2.79 a gallon.

 

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