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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.

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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.

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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.

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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.

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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.

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Oil jumps to near $106 on Iraq violence


The Associated Press

Oil rose to near $106 per barrel Thursday as an insurgency in Iraq raised the risk of disruption to supplies after OPEC vowed to keep output unchanged.

Benchmark U.S. oil for July delivery was up $1.45 to $105.85 a barrel at 1010 GMT in electronic trading on the New York Mercantile Exchange. On Wednesday, the contract added 5 cents to close at $104.40.

Brent crude, a benchmark for international oils, was up $2.08 to $111.44 a barrel on the ICE exchange in London.

The al-Qaida-inspired group that captured two key cities in Iraq earlier this week vowed Thursday to march on to Baghdad.

One of those two cities, Mosul, lies in an area that is a major gateway for Iraqi oil. While the loss of the city has no immediate effect on oil exports, now at over 3 million barrels a day, it adds to concerns over security and the country's plans to expand oil production.

On Wednesday, OPEC countries agreed to keep their output target unchanged at 30 million barrels a day. OPEC Secretary General Abdullah Al-Badry said the oil market is "very stable."

The price of oil rose after the decision by the oil cartel. Traders interpreted the decision as recognition within OPEC that most members would not be able to substantially increase output in the short-term even if the world's demand for crude increases. The global economy is expected to expand 2.8 percent this year according to World Bank, still faster than last year's 2.4 percent.

The U.S. Energy Department's weekly inventories report showed a larger-than-expected drop in U.S. stockpiles of crude oil, down 2.6 million barrels in the week ending June 6 from the previous week. It was expected to show a 1.2 million barrel fall, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.

In other energy futures trading on Nymex:

— Wholesale gasoline rose 5.5 cents to $3.056 a gallon.

— Natural gas rose 4.1 cents to $4.549 per 1,000 cubic feet.

— Heating oil added 5.9 cents to $2.963 a gallon.

 

 

 

 

 

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Midterms
What was the message of the midterm elections?