NORTH FORT MYERS Lee County residents wait hours for D-SNAP assistance The supplemental nutrition assistance program (SNAP) is at the Lee Civic Center all weekend, ready to help southwest Florida.
SOUTHWEST FLORIDA First eaglet hatches in famous SWFL eagle nest Welcome E24! The third eaglet from the nest of M15 and F23 has hatched according to the Southwest Florida eagle camera.
lehigh acres LCSO: Lehigh Acres shooting investigation underway The Lee County Sheriff’s Office responded to a shooting in Lehigh Acres early Saturday morning.
Rock for Equality: SWFL non-profit hosts benefit concert for Palestine A Southwest Florida non-profit hosted a benefit concert on Friday night to help with humanitarian aid in Palestine.
Warm, breezy Saturday with a few showers possible The Weather Authority is forecasting a breezy, warm weekend in store across Southwest Florida, with the chance of a few showers, particularly on Saturday.
CAPE CORAL Active investigation underway in South Cape Coral Cape Coral police are investigating at a home on Southwest 49th Terrace in South Cape Coral early Saturday morning.
16 transported after 2 airboats crash in Collier County According to the Collier County Sheriff’s Office, two airboats crashed south of U.S. 41 east between mile markers 74 and 75, leaving well over a dozen people injured.
SOUTHWEST FLORIDA New bill filed: Auto shop and law enforcement must work together to solve hit-and-run crashes There could be new detectives on the block, located in your nearest auto shop. A new state bill aims at trying to stop hit-and-run drivers from getting away.
CAPE CORAL New leash on life; Cape Coral shelter dog beats cancer with drug being tested for humans A drug now being studied in human trials to kill cancerous tumors, is already approved and helping animals.
CAPE CORAL City of Cape Coral planning a new interchange with I-75 The city of Cape Coral is in the early stages of planning a new interchange with I-75, an idea that has been discussed for more than a decade.
Tracking invasive species after hurricanes Hurricanes Helene and Milton didn’t just bring wind and rain, they brought new threats to southwest Florida’s ecosystem.
PUNTA GORDA Woman in Punta Gorda shooting charged with 2nd degree murder A woman in a homicide investigation on Nasturtium Drive in Punta Gorda has been charged with 2nd-degree murder.
Lee County mother continuing fight to get children a bus stop The school district already told her she lives too close to the school to qualify for a bus route but she has not given up.
NORTH NAPLES Grant Thornton Invitational returns to Tiburon Golf Club Stars on the PGA and LPGA Tours are back in Southwest Florida for the Grant Thornton Invitational at Tiburon Golf Club.
FORT MYERS Black Flag brings classic punk energy to The Ranch in Fort Myers Legendary punk band Black Flag made their mark in Southwest Florida during the Fort Myers stop of their “First Four Years” tour.
NORTH FORT MYERS Lee County residents wait hours for D-SNAP assistance The supplemental nutrition assistance program (SNAP) is at the Lee Civic Center all weekend, ready to help southwest Florida.
SOUTHWEST FLORIDA First eaglet hatches in famous SWFL eagle nest Welcome E24! The third eaglet from the nest of M15 and F23 has hatched according to the Southwest Florida eagle camera.
lehigh acres LCSO: Lehigh Acres shooting investigation underway The Lee County Sheriff’s Office responded to a shooting in Lehigh Acres early Saturday morning.
Rock for Equality: SWFL non-profit hosts benefit concert for Palestine A Southwest Florida non-profit hosted a benefit concert on Friday night to help with humanitarian aid in Palestine.
Warm, breezy Saturday with a few showers possible The Weather Authority is forecasting a breezy, warm weekend in store across Southwest Florida, with the chance of a few showers, particularly on Saturday.
CAPE CORAL Active investigation underway in South Cape Coral Cape Coral police are investigating at a home on Southwest 49th Terrace in South Cape Coral early Saturday morning.
16 transported after 2 airboats crash in Collier County According to the Collier County Sheriff’s Office, two airboats crashed south of U.S. 41 east between mile markers 74 and 75, leaving well over a dozen people injured.
SOUTHWEST FLORIDA New bill filed: Auto shop and law enforcement must work together to solve hit-and-run crashes There could be new detectives on the block, located in your nearest auto shop. A new state bill aims at trying to stop hit-and-run drivers from getting away.
CAPE CORAL New leash on life; Cape Coral shelter dog beats cancer with drug being tested for humans A drug now being studied in human trials to kill cancerous tumors, is already approved and helping animals.
CAPE CORAL City of Cape Coral planning a new interchange with I-75 The city of Cape Coral is in the early stages of planning a new interchange with I-75, an idea that has been discussed for more than a decade.
Tracking invasive species after hurricanes Hurricanes Helene and Milton didn’t just bring wind and rain, they brought new threats to southwest Florida’s ecosystem.
PUNTA GORDA Woman in Punta Gorda shooting charged with 2nd degree murder A woman in a homicide investigation on Nasturtium Drive in Punta Gorda has been charged with 2nd-degree murder.
Lee County mother continuing fight to get children a bus stop The school district already told her she lives too close to the school to qualify for a bus route but she has not given up.
NORTH NAPLES Grant Thornton Invitational returns to Tiburon Golf Club Stars on the PGA and LPGA Tours are back in Southwest Florida for the Grant Thornton Invitational at Tiburon Golf Club.
FORT MYERS Black Flag brings classic punk energy to The Ranch in Fort Myers Legendary punk band Black Flag made their mark in Southwest Florida during the Fort Myers stop of their “First Four Years” tour.
MGN NEW YORK (AP) – Exxon Mobil CEO Rex Tillerson expects the price of oil to remain low over the next two years because of ample global supplies and relatively weak economic growth. “People need to kinda settle in for a while,” Tillerson said at the company’s annual investor conference in New York. In a presentation to investors outlining its business plans through 2017, Exxon assumes a price of $55 a barrel for global crude. That’s $5 below where Brent crude, the most important global benchmark, traded on Wednesday. It’s about half of what Brent averaged between 2011 and the middle of last year. The price of oil plunged in the second half of 2014 when it became apparent that production was outpacing global demand. The rise in U.S. production last year of 1.5 million barrels per day was the third largest in the history of the global oil industry, according to a recent report from BP. Meanwhile, weakening economic conditions in China, Japan and Europe slowed the growth in oil demand. BP CEO Bob Dudley made remarks similar to Tillerson’s in a recent call with investors. The CEOs comments reflect an increasingly common industry view that new sources of oil around the globe, relatively slow growth in demand, and large amounts of crude in storage will keep a lid on prices for the foreseeable future. “When you have that much storage out there, it takes a long time to work that off,” Dudley said. The U.S. Energy Department reported Wednesday that U.S. oil supplies have grown to 444.4 million barrels, the highest level at least 80 years. Tillerson cautioned that geopolitical turmoil could unexpectedly send prices higher. But he said that if tensions calm, much more oil is ready to hit the market. Production in Libya has been erratic in recent years because of political upheaval there. Production in Iran, once OPEC’s second largest exporter, has been depressed in recent years because of Western sanctions. Those sanctions could be eased if current talks over Iran’s nuclear program make progress. “I see a lot of supply out there,” Tillerson said. Exxon will be adding to that in the coming years, despite the low prices. Exxon told investors Wednesday that 16 new production projects will begin producing oil and gas through 2017, helping the company increase production to 4.3 million barrels per day, up from 4 million barrels per day last year. The company said it expects to spend less to develop new projects over the next three years, but mainly because prices that its suppliers charge have fallen considerably with the price of oil – not because it is cutting back exploring for oil and gas.