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Super PAC Men: How political consultants took a Fort Worth oilman on a wild ride

The head of a Texas oil dynasty joined the parade of wealthy political donors, aiming to flip the Senate to Republicans. By the time consultants were done with him, the war chest was drained and fraud allegations were flying

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Bridge collapse on I-35 north of Austin

SALADO, Texas (AP) — Emergency crews are responding to a reported bridge collapse along an interstate in Central Texas.

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Latin-inspired restaurant set to open in downtown Fort Worth

Downtown Fort Worth’s dining scene is about to get spicier with the opening of a new restaurant featuring Latin-inspired coastal cuisine.

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Amazon begins Prime Now program in Dallas area

If you just have to have it now, as in one hour, you can, at least in the Dallas area, as Amazon.com Inc. announced Thursday it will offer Prime Now.

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Texas jobless rate falls as employers add workers

Texas unemployment fell to 4.3 percent during February for the sixth straight month of declines, the Texas Workforce Commission reported Friday.

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Oil slips further as supply fears recede


The Associated Press

The price of oil slipped to near $103 a barrel Tuesday as concerns about possible supply disruptions continued to fade.

Benchmark U.S. crude for August delivery was down 12 cents to $103.41 a barrel at 0450 GMT in electronic trading on the New York Mercantile Exchange. It lost 53 cents to $103.53 on Monday.

Brent crude, a benchmark for international oils, fell 26 cents to $109.98 in London.

The benchmark oil price has gradually eased since it hit a 10-month closing high of $107.26 on June 20, reflecting worries that insurgents in Iraq might push into important oil-producing regions and choke off supplies from OPEC's second-biggest exporter. The Iraqi government's progress in regaining some control since then has assuaged those fears, and oil prices have dropped.

U.S. crude production, meanwhile, is at its highest in about two decades.

An agreement in Libya between the central government and a regional militia is expected to allow the reopening of two oil terminals, boosting the country's crude exports by about 500,000 barrels a day from 350,000 barrels now.

In other energy futures trading in New York:

— Wholesale gasoline edged down 0.8 cents to $2.981 a gallon.

— Natural gas fell 0.9 cent to $4.216 per 1,000 cubic feet.

— Heating oil fell 1 cent to $2.905 a gallon.

 

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