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26-story mixed-use tower planned at Taylor & Fifth in downtown Fort Worth

Jetta Operating Co., a 24-year-old privately held oil and gas company in Fort Worth, and a related entity plan a 26-story mixed-use tower downtown at Taylor and Fifth streets on a site once owned by the Star-Telegram.

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UPDATE: Six candidates file for two Water Board seats

Six candidates have filed for the two open seats on the Tarrant Regional Water Board, setting up a battle that could potentially shift the balance of power on the board and the priorities of one of the largest water districts in Texas.

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Fort Worth breaks ground on $8.6 million South Main renovation

Fort Worth Near Southsiders and city officials broke ground Monday on the 18-month rebuild of South Main Street between Vickery Boulevard and West Magnolia Avenue.

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Body-camera maker has financial ties to former Fort Worth police chief, others

IOWA CITY, Iowa (AP) — Taser International, the stun-gun maker emerging as a leading supplier of body cameras for police, has cultivated financial ties to police chiefs whose departments have bought the recording devices, raising a host of conflict-of-interest questions.

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Fort Worth Police association planning 25,000-square-foot offices

The POA, which recently demolished its one-story building at 904 Collier St. near downtown, is planning a five-story replacement.

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Oil jumps to nearly $104 as Ukraine crisis spirals 


The Associated Press

The price of oil continued to climb on Friday, reaching nearly $104 a barrel on concerns that the tensions over Ukraine and new sanctions against Russia could disrupt global supplies.

Benchmark U.S. crude for August delivery was up 51 cents to $103.94 in electronic trading on the New York Mercantile Exchange. The contract jumped $1.99 the previous day to close at $103.19.

Brent crude for September delivery, a benchmark for international oils, rose 43 cents to $108.62 on the ICE exchange in London.

A series of geopolitical events pushed prices higher by raising concern that oil supplies could become tighter, even though no disruptions were imminent.

The Obama Administration announced new sanctions against Russian energy companies late Wednesday, including against Rosneft, Russia's biggest oil producer. While analysts say the stiffer sanctions are unlikely to cause any dip in production or exports in the short term, they could prevent or delay future exploration and production.

The crash of a Malaysian Airlines passenger plane over Ukraine, which Ukrainian officials said was shot down, raised the risk of a sharper conflict between Ukraine and Russia that could lead to even tighter Western sanctions against Moscow. And fighting in the Gaza strip intensified after a shaky cease-fire expired, yet another source of turmoil in the Middle East, the world's most important oil-producing region.

In other Nymex trading:

— Wholesale gasoline added 0.5 cent to $2.862 a gallon.

— Natural gas rose 0.6 cent to $3.96 per 1,000 cubic feet.

— Heating oil rose 0.7 cent to $2.879 a gallon.

 

 

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