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Gas Prices Rise Nationwide, DFW Area Most Expensive In Texas

Apr 30, 2015
Courtesy AAA Texas

COPPELL, Texas — Despite gas prices being lower than they were at this time last year, nationally and statewide, Texas drivers are now paying $2.38 for a gallon of regular unleaded fuel, seven cents per gallon more than they did last week. However, it is still $1.11 less per gallon than last year, according to a report from the AAA Texas Weekend Gas Watch.

Tomorrow, May 1, is the deadline for terminals to switch over to summer-grade fuel and that, along with other major factors like seasonal maintenance at refineries and market uncertainty has contributed to the rise in prices.

While gas prices rose across Texas and other parts of the U.S., Texans are still paying 20 cents less than the national average of $2.58 per gallon.

Oil, Gas, Power, Prices: Big Themes From Big Meet

Apr 24, 2015
C.M. Keiner http://bit.ly/1JD6Gxb / CC

HOUSTON — In the year since the energy industry last gathered in for its big annual confab in Houston, prices for oil and natural gas took a dive that few, if anyone, saw coming.

A chastened parade of energy executives, analysts, academics and government officials from several countries delivered speeches and participated in panels as part of HIS’s CERAWeek energy conference, worrying over prices and making a profit, and speculating on what it could all mean for economies and consumers around the world.

By nssl0001, National Severe Storms Laboratory (NSSL) Collection / Wikimedia Commons

DALLAS — Texas home insurers saw a third straight year of healthy profits in 2014 due to higher rates and fewer severe storms across the state.

But The Dallas Morning News reports a rising tide of lawsuits filed by homeowners in recent years has companies worried that more could be on the way. The industry seeks legislation that would curb homeowners’ ability to sue insurers for unpaid claims or unfair practices.

State insurance department records show though that those lawsuits didn’t hurt companies’ bottom line last year, but Mark Hanna of the Insurance Council of Texas says the number of lawsuits against insurers has been “off the charts” in recent years and companies are worried that more are on the way.

Texas Businesses Stand Ready For Trade With Cuba

Apr 20, 2015

From Texas Standard:

Two years ago, the WestStar Food Company’s business with Cuba was good. Patrick Wallesen, the company’s president, says WestStar exported agricultural products through the port of Corpus Christi for more than a decade.

“We averaged about 5,000 metric tons a year of product. Primarily into beans, black beans, great northern beans,” Wallesen says.

The Chatham House / Wikimedia Commons

DALLAS — Think flying is getting worse? A pair of university researchers who track the airline business say it’s a fact.

More flights are late, more bags are getting lost, and customers are lodging more complaints about U.S. airlines, government data shows. Dean Headley, a marketing professor at Wichita State and one of the co-authors of an annual report — now in its 25th year — being released Monday, said passengers already know that air travel is getting worse. “We just got the numbers to prove it.”

For the third straight year, Virgin America led the rankings. The niche airline with a limited route network was followed by Hawaiian Airlines and Delta Air Lines.

Among other findings in the report:

LATENESS: The percentage of flights that arrived on time fell to 76.2 percent last year from 78.4 percent in 2013. Best: Hawaiian Airlines. Worst: Envoy Air, which operates most American Eagle flights.

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