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Two Fort Worth council members propose temporary single-family moratorium around TCU

The moratorium would apply to new permits for single-family homes around TCU, and give the city time to figure out what to do with a controversial proposed overlay in several neighborhoods around the university.

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Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

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Landscape architect behind several TCU landmarks acquired

The Dallas design firm behind several Texas Christian University projects, as well as Globe Life Park in Arlington and AT&T Stadium, has been acquired by Rvi Planning + Landscape Architecture.

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Fort Worth launching Stockyards design task force

The task force, to be chaired by the Fort Worth architect Eric Hahnfeld, would be responsible for confirming the boundaries of the city's planned Stockyards design district and reviewing the work of a consultant.

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Fort Worth council approves tax abatement for Sprouts grocery in Ridglea

The abatement would be to VCB Property, which also won an abatement to build a strip retail center.

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Oil falls but hovers near $104 a barrel 


The Associated Press

The price of oil drifted lower from a one-month high Thursday but held near $104 a barrel.

Benchmark U.S. crude for July delivery was down 22 cents to $103.85 a barrel at 0925 GMT in electronic trading on the New York Mercantile Exchange. The contract gained $1.74 to close at $104.07 on Wednesday.

Brent crude, a benchmark for international oils, was down 15 cents to $110.40 on the ICE exchange in London.

The U.S. oil price hit a one-month high Wednesday after a weekly report from the Energy Information Administration showed that U.S. crude oil supplies dropped 7.2 million barrels for the week ended May 16. The drop was bigger than analysts expected.

Preliminary results of a monthly HSBC survey showed that the contraction in China's manufacturing eased in May, but the improvement was not sufficient to boost energy prices.

In other energy future trading in New York.

— Wholesale gasoline fell 0.4 cent to $2.976 a gallon.

— Natural gas added 2.9 cents to $4.502 per 1,000 cubic feet.

— Heating oil dropped 0.4 cent to $2.948 a gallon.

 

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