Join The Discussion

 

Fort Worth's new thoroughfare plan aims for more variety in street design

Fort Worth is launching a review of its master thoroughfare plan aimed at accommodating continued suburban growth and central city redevelopment with a greater variety of streets and more efficient traffic flow.

read more >

Holt Hickman, businessman who helped preserve Stockyards, dies at 82

Longtime Fort Worth businessman, philanthropist and preservationist Holt Hickman died Nov. 15, 2014, at the age of 82.

read more >

UPDATE: Could American Airlines move its headquarters?

A key linchpin in the Fort Worth economy, American Airlines Group Inc., is considering sites for a new headquarters, possibly outside the city, the airline’s CEO said this morning.

read more >

Crestwood area hoping to block planned office building

Residents of West Fort Worth’s Crestwood Association are trying to block the rezoning of a small apartment complex at White Settlement Road and North Bailey Avenue to make way for a planned office building, saying it would represent the start of commercial encroachment into their neighborhood.

read more >

Tiger Woods takes a swing at Fort Worth's Dan Jenkins - in print anyway

Rarely does Golf Digest make the news. Leave it to Dan Jenkins to change that.

read more >

Hamm: Bakken oil threatened by safety missteps
JAMES MacPHERSON, Associated Press

 

BISMARCK, N.D. (AP) — The godfather of North Dakota's present oil bonanza predicted the state's crude production will double to 2 million barrels daily by decade's end but warned industry officials Thursday that future safety missteps would threaten that.
"We can't have any more issues," Harold Hamm, the chairman of Oklahoma City-based Continental Resources Inc., told expo-goers at the Williston Basin Petroleum Conference in Bismarck. "It has to be done in an absolute safe manner. It's going to take all of us."
Hamm's company is the biggest producer and largest leaseholder in the Bakken shale formation, with more than 1 million acres in North Dakota and Montana. The company, which has been drilling in North Dakota for almost 25 years, was among the first to tap a Bakken well in 2004 using horizontal drilling technology. The company was the first to drill a horizontal well in the underlying Three Forks formation in 2008.
Unlocking the once-perplexing formations has propelled North Dakota from the nation's ninth-largest oil producer in 2006 to No. 2, behind Texas. But the state's unprecedented oil boom recently was marred by a massive oil pipeline rupture last fall near Tioga and a fiery oil train derailment in December near Casselton.
The disaster in the small town west of Fargo was one of at least eight major accidents during the last year, including an explosion of Bakken crude in Lac-Megantic, Quebec that killed 47 people. Other trains carrying Bakken crude have since derailed and caught fire in Alabama, New Brunswick and Virginia.
Hamm said just one more incident is enough to put the brakes on Bakken oil development.
"If we have anything, they're going to shut us down," the billionaire oilman said. "So many people want to stop fossil fuel use and production. They don't have anything to take its place, but they want to stop it. We're in the crosshairs."
Hamm, who later sat on a panel with other company CEOs, said his company's oil production in the Bakken has increased more than tenfold to 88,000 barrels a day since 2007.
"We're the envy of the world," Hamm said of the Bakken, which encompasses some 25,000 square miles in North Dakota, Montana, Saskatchewan and Manitoba. About two-thirds of the acreage is in western North Dakota.

< back

Email   email
hide
Midterms
What was the message of the midterm elections?