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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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Great Women of Texas honored

The Fort Worth Business Press held the Great Women of Texas event Wednesday night at the Omni Fort Worth Hotel. Stacie McDavid of McDavid Investments was honored as the

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Grocers, retailers flocking to Southlake

With its economic development engine revving at full throttle, Southlake is about to welcome several major retail and commercial projects that underscore its image

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Clip art: Cutting edge barbershop creates a buzz in Fort Worth

Jonathan Morris is on a mission to create a better grooming experience for men.

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Oil and gas regulator chairman makes fracking plea to Denton

EMILY SCHMALL, Associated Press


FORT WORTH, Texas (AP) — The head of the agency that regulates the oil and gas industry in Texas is asking officials of Denton in North Texas to withhold support from a grass-roots petition advocating a ban on hydraulic fracturing within the city limits.

The university town sits on the Barnett Shale, believed to hold one of the largest natural gas reserves in the U.S.

Barry Smitherman, chairman of the Texas Railroad Commission, called the measure "essentially a ban on drilling" that is "extremely misguided," in a letter Thursday addressed to Denton Mayor Chris Watts and the City Council.

"If other cities were to follow your lead, then we could potentially, one day, see a ban on drilling" in Texas, Smitherman wrote.

City leaders temporarily halted fracking as they consider making their city the first in the state to permanently ban the practice.

The temporary ban does not apply to the 275 currently active gas wells in Denton, and likewise, a permanent ban would only prevent any additional fracking from taking place, the petition's organizers have said.

"They can keep drilling, they just can't frack," said Cathy McMullen, a leader of the Denton Drilling Awareness Group, which submitted the petition.

Fracking involves blasting a mix of water, sand and an assortment of chemicals deep into underground rock formations to free oil and gas. The method has long stirred concerns about its effect on air and water quality.

Industry proponents argue that fracking can be done safely and is cleaner than other forms of energy extraction.

The Denton City Council plans a July 15 public hearing, and Watts says the letter will be added to the public record.

"We're receiving a lot of literature from both sides of the issue," Watts said.

Even if the council rejects the ban, Denton voters could still vote on it in November.

Smitherman lost an attorney general's race in March's Republican primary.
 

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Midterms
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