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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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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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Fort Worth's mayor looking for new chief of staff

Jason Lamers is leaving the city after 14 years to join Burlington Northern Santa Fe.

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Podcasting superstar from 'Serial' coming to Fort Worth

If you hear yourself hearing a certain haunting theme in early August as you pass the Omni Fort Worth Hotel, don’t be alarmed.

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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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