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Moves by Jeb Bush add to talk of 2016 candidacy

WASHINGTON — Jeb Bush's decision to release a policy-laden e-book and all his emails from his time as governor of Florida has further stoked expectations among his allies that he will launch a presidential bid.

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Ebby Halliday acquires Fort Worth’s Williams Trew

Williams Trew Real Estate of Fort Worth has been acquired by Dallas-based residential real estate brokerage Ebby Halliday Real Estate Inc.

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Taking the Cake: Sundance had pursued Cheesecake Factory for many years

The Cheesecake Factory had been on the white board over at Sundance Square management for some time

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Fort Worth businessman to lead Abbott, Patrick inauguration efforts

Fort Worth businessman Ardon Moore will chair the committee running inauguration festivities for Gov.-elect Greg Abbott and Lt. Gov.-elect Dan Patrick in January, it was announced on Friday.   Moore, president of Lee M. Bass Inc. in Fort Worth, is a vice chairman of the University of Texas Investment

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Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

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Feds: Energy mining's disposal wells may have role in Oklahoma's earthquakes

Between last October and April 14, Oklahoma experienced 183 quakes of magnitude 3.0 or greater, the USGS and Oklahoma Geological Survey said. That is an increase from the state's long-term average from 1978 to 2008 of only two magnitude 3.0 or larger quakes per year.
Credit: USGS

Michael Martinez

CNN

(CNN) -- The oil and gas industry's injection of wastewater deep into the Earth is "a likely contributing factor" to the 50% increase in Oklahoma earthquakes since October, the U.S. Geological Survey said.

The jump in temblors significantly increases the chance for a damaging quake -- 5.5 magnitude or greater -- in the Great Plains state, the federal agency said.

"As a result of the increased number of small and moderate shocks, the likelihood of future, damaging earthquakes has increased for central and north-central Oklahoma," the USGS said Monday.

The increase in earthquakes "do not seem to be due to typical, random fluctuations in natural seismicity rates," a recent USGS statistical analysis found.

Rather, a finding by the USGS and the Oklahoma Geological Survey "indicates that a likely contributing factor to the increase in earthquakes is wastewater disposal by injection into deep geologic formations," the USGS said.

The Oklahoma Independent Petroleum Association, however, urged a wait-and-see approach in judging the USGS's assertions.

"Because crude oil and natural gas is produced in 70 of Oklahoma's 77 counties, any seismic activity within the state is likely to occur near oil and natural gas activity. The OIPA and the oil and gas industry as a whole support the continued study of Oklahoma's increased seismic activity, but a rush to judgment provides no clear understanding of the causes," the industry group said.

Between last October and April 14, the state experience 183 quakes of magnitude 3.0 or greater, the USGS and Oklahoma Geological Survey said. That is an increase from the state's long-term average from 1978 to 2008 of only two magnitude 3.0 or larger quakes per year.

"The water injection can increase underground pressures, lubricate faults and cause earthquakes -- a process known as injection-induced seismicity," the USGS said. "Much of this wastewater is a byproduct of oil and gas production and is routinely disposed of by injection into wells specifically designed and approved for this purpose."

To better gauge the increased quakes, the USGS and Oklahoma officials have added monitoring stations, which now stand at 15 permanent facilities and 17 temporary stations, the agency said.

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