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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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American Airlines' first 787 Dreamliner arrives at D/FW

American is preparing the plane to begin service sometime in the second quarter.

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Offshore rig taking on water but stable after wave

GALVESTON, Texas (AP) — An offshore drilling rig is taking on water but is stable after being hit by a large storm wave off the Texas coast.

The U.S. Coast Guard says the rig was drilling for oil and gas in 3,000-foot depths around 10 a.m. Tuesday when the wave hit.

Petty Officer Manda Emery says the platform was knocked 55 feet, and one of three watertight chambers in one of the rig's six floatation columns began taking on water.

Emery says the platform is being kept level and there is no spill. None of the 116 crew members was injured, and there have been no evacuations.

The rig is about 130 miles from Galveston.

Coast Guard Petty Officer 1st Class Andy Kendrick says the well is being drilled for Houston-based Anadarko Petroleum Corp.

 

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