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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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Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

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Fort Worth draws closer to deal with Lancaster developer

City staff are planning to introduce the developer Feb. 3 at a meeting of the City Council's Housing and Economic Development Committee.

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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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Oil boom pumping cash into UT and Texas A&M

DALLAS (AP) — Texas' oil boom is pumping cash into the state's largest universities, giving them a financial windfall they're using for new construction while also trying to keep tuition affordable.

The Dallas Morning News reports the endowment for the University of Texas and Texas A&M University systems has grown by about 70 percent over the past five years. Gushing oil revenue has put about $1 billion a year into the Permanent University Fund.

That kind of growth been noticed in Austin. Gov. Rick Perry cited the dramatic boost last month when he urged University of Texas System regents not to raise tuition rates.

The board responded by not raising tuition next year for in-state students. The board promised to look for other sources of money that the schools say they need.
 

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