Join The Discussion

 

Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

read more >

RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

read more >

Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

read more >

Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

read more >

Weatherford's Wild Mushroom to open in Fort Worth's Ridglea Village

Weatherford restaurant staple The Wild Mushroom Steak House & Lounge will be coming to Fort Worth in November, moving into the former site of Ray’s Steakhouse at to 3206 Winthrop Ave. in the Ridglea Village Shopping Center.

read more >

Energy Department chooses Texas site for liquefied natural gas exporting

 

A. Lee Graham
Reporter

Freeport LNG Expansion LP and FLNG Liquefaction LLC of Houston have been conditionally authorized to export domestically produced liquefied natural gas to countries without free-trade agreements with the United States.
Gas will be exported from Freeport’s terminal on Quintana Island near Freeport, Texas after the U.S. Energy Department announced Freeport to perform the role.
The Friday announcement comes after Freeport received approval to export liquefied natural gas from the facility to free-trade agreement countries in early 2011. Subject to environmental review and final regulatory approval, the facility is conditionally authorized to export up to 1.4 billion cubic feet of natural gas a day for 20 years.
The Energy Department granted the first authorization to export liquefied natural gas to non-free trade agreement countries in May 2011 for the Sabine Pass LNG Terminal in Cameron Parish, La. at a rate of up to 2.2 cubic feet of natural gas a day.
“The development of U.S. natural gas resources is having a transformative impact on the U.S. energy landscape, helping to improve our energy security while spurring economic development and job creation around the country,” reads part of an Energy Department news release.
The Energy Department said it conducted an extensive, careful review of the application to export liquefied natural gas from the Freeport LNG Terminal. Among other factors, the Department considered economic, energy security, and environmental impacts, as well as public comments for and against the application. 
 

< back

Email   email
hide
Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?