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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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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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American Airlines' first 787 Dreamliner arrives at D/FW

American is preparing the plane to begin service sometime in the second quarter.

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Lawmakers advance new name for state energy agency

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MICHAEL BRICK,Associated Press

 

 


AUSTIN, Texas (AP) — Seeking to clarify the mission of the agency that primarily regulates the oil industry in Texas, state senators on Thursday approved a name change.

Under a bill unanimously approved by the Texas Senate, the Railroad Commission would become the Texas Energy Resources Commission.

Founded in 1891 to regulate the railroads, the agency quickly extended its powers amid the big oil discoveries of the early 20th century. It has become a powerful national force influencing oil supplies and prices.

Last year, in a review of the agency's work, state analysts from the Sunset Advisory Commission reported significant new challenges on the horizon with the expansion of the drilling technique known as hydraulic fracturing. They included complex matters of safety, pollution and the potential for damage to state infrastructure. But they opened their report with a more pedestrian issue.

"Despite its misleading name, the Railroad Commission of Texas regulates the state's oil and gas industry and has nothing to do with railroads," the analysts wrote. "The clarity of its name matters now more than ever as the Commission's job takes center stage in overseeing an unprecedented expansion of oil and natural gas drilling in the state."

While the bill would also give the commission new powers to charge fees and enforce regulations, senators seemed more concerned with the name issue.

Sen. Craig Estes, R-Wichita Falls, offered an amendment that would have changed the name to the Texas Energy Commission.

"I think it's shorter and cleaner," he said.

But he withdrew his amendment, deferring to a different name idea from Sen. Glenn Hegar, R-Katy, who suggested the Texas Department of Oil and Gas.

After a series of closely contested votes, during which the chamber grew uncharacteristically quiet, Sen. Robert Nichols, R-Jacksonville, managed to win the day on behalf of his favored name.

The proposal still must gain the approval of the House.

The new name, Nichols wrote in a bill analysis, should reduce confusion among voters.


 

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