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Daily Toreador The

MONDAY, APRIL 15, 2013 VOLUME 87 ■ ISSUE 126

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Serving the Texas Tech University community since 1925

As US talks up diplomacy, NKorea takes hard line TOKYO (AP) — The United States and Japan opened the door Sunday to new nuclear talks with North Korea if the saber-rattling country lowered tensions and honored past agreements, even as it rejected South Korea’s latest offer of dialogue as a “crafty trick.” U.S. Secretary of State John Kerry told reporters in Tokyo that North Korea would find “ready partners” in the United States if it began abandoning its nuclear program. Japan’s foreign minister, Fumio Kishida, also demanded a resolution to a dispute concerning Japanese citizens abducted decades ago by North Korean officials. The diplomats seemed to point the way for a possible revival of the sixnation talks that have been suspended for four years. China long pushed has for the process to resume without conditions. But the U.S. and allies South Korea and Japan fear rewarding North Korea for its belligerence and endless repetition of a cycle of tensions and failed talks that have prolonged the crisis. Kerry’s message of openness to diplomacy was clear, however unlikely the chances appeared that North Korean leader Kim Jong Un’s government would meet the American’s conditions.

Lawmakers reverse Rainy Day Funds role AUSTIN (AP) — When Texas lawmakers established the state’s economic stabilization fund in 1987, they had just suffered a bleak recession that caused a massive budget shortfall and wanted to set up a savings account to help them through future rainy days. But with the economy booming and the state coffers flush with cash, state leaders are turning the fund’s intended purpose on its head. Instead of using the fund to offset temporary budget gaps, Republican leaders are proposing taking $6 billion out of the $11.8 billion fund to set up two development banks for water and highway projects. The lawmakers who created the fund during the 70th Legislature said it was “to be used primarily to prevent or eliminate temporary cash deficiencies in the state’s general revenues,” according to the original paperwork for the fund. Legislators were tired of the booms and busts of the oil industry sending their state budgets on a rollercoaster. They wanted something to smooth out the dips. Voters approved a constitutional amendment that set aside a portion of the state’s oil and gas revenues to establish what is officially called the Economic Stabilization Fund.

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Relay for Life raises money for cancer research

PHOTO BY EMILY DE SANTOS/The Daily Toreador

JASHMIN PATEL, A junior microbiology major from Amarillo, a cancer survivor, and Carolyn Gonzalez-Ortiz, a junior microbiology major from Fort Hood, participate in Relay for Life on Saturday at Memorial Circle. The event was hosted by the American Cancer Society in an effort to raise money for cancer research.

By LIANA SOLIS STAFF WRITER

Texas Tech students, faculty and staff gathered together to sing a happy 100th birthday to the American Cancer Society. Tech hosted its annual Relay for Life celebrations Saturday from 7 p.m. to 7 a.m. at Memorial Circle. Brady Gorman, a junior electronic media and

communication major from Lubbock, said one reason he went was to support the cause. “I work with KTXT so it was partially that I needed the hours,” he said. “But, I also realize that cancer is a very serious thing that needs to be addressed.” According to the Tech Relay for Life website, 61 teams were signed up to raise money and more than 1,000 people participated. “I really like what the ACS is trying to convey

with this event,” Gorman said. “You can literally prevent thousands of deaths at this event because of the money raised and the awareness you’re bringing.” Todd Chambers, the department chairman for electronic media and communication, said Relay for Life is the biggest fundraiser ACS does to raise money for cancer research. “The ACS helps educate people about cancer,” he said, “and how many families it actually impacts.”

Chambers said he got involved in Relay for Life in 2006 when he was asked to speak about surviving cancer. “I was diagnosed with squamous cell carcinoma in 2004, which had started under my tongue,” he said. “When I heard the news, I was completely shocked and distressed about everything we now had to deal with.” RELAY continued on Page 3 ➤➤

Speakers discuss Lubbock’s future in oil, gas industry By MATT DOTRAY STAFF WRITER

The question of whether the Permian Basin oil boom, which is heading north, has the potential to largely affect Lubbock was discussed Friday during a Drilling Down luncheon hosted by the Lubbock Economic Development Alliance. The focus was on Lubbock’s future in the oil and gas industry. Those in attendance included bankers, professors, researchers, and political and business leaders. “We’re constantly looking for opportunities that will benefit and (diversify) our economy,” Mike Hatley, Director of Business Recruitment for LEDA, said. “Obviously, with everything going on in the oil and gas industry right now, we’re very excited about that. We think that represents an opportunity for Lubbock and for the entire region, for that matter.”

He said the best way to prepare and encourage oil production is to reach out to those with experience, which LEDA did. The event included presentations by John Christmann, vice president of the Permian Region for Apache Corporation, an oil and gas production company, and Ray Walker, senior vice president and chief operating offi cer for Range Resources. The presentations were followed by questions from the audience. To keep pushing and improving the local economy, Hatley said it needs new developments. “We’re just really pleased that (Permian Basin Petroleum Association) agreed to sponsor this with us today,” he said, “in what we hope will be something that we can build on in terms of educating ourselves and in terms of making more informed decisions as we go into the oil and gas business.” OIL continued on Page 2 ➤➤

PHOTO BY LAUREN PAPE/The Daily Toreador

JOHN CHRISTMANN, VICE president of the Permian Region at Apache, speaks at the Drilling Down luncheon about Lubbock’s role in the oil and gas industry Tuesday at Jones AT&T Stadium. The luncheon was hosted by the Lubbock Economic Development Alliance, Texas Tech and the Permian Basin Petroleum Association.

RaiderFest 2013 draws Tech students to activities, concert By NIKKI CULVER STAFF WRITER

Baron Batch was featured at the Lubbock Arts Festival -- LA VIDA, Page 3

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More than 900 Texas Tech students gathered on the Robert H. Ewalt Student Recreation Center fields Friday afternoon to celebrate RaiderFest 2013. The event was hosted by Tech Activities Board and the Residence Halls Association and included free food, T-shirts, a 1980s costume contest and inflatable games. Taylor Ward, a sophomore petroleum engineering major from Bakersfield, Calif., donned a Velcro suit and jumped onto a giant inflatable wall, also covered in Velcro. “The best way I can think about it was that it was like a giant fly trap,” he said. “You jump on there and see how high you can get. It was pretty cool — kind of like flying.” The event also included an inflatADVERTISING: 806-742-3384

able sumo-wrestling arena where students climbed into giant sumo suits and tried to knock each other out of the ring. “I felt really silly and stupid, but it was a lot of fun,” Gabby Montez, a freshman exercise and sport sciences major from San Antonio, said. “My favorite part was getting to do it with my friend. Just being out here is a lot of fun.” Live music, provided by the winners of TAB’s singer and songwriter competition and Battle of the Bands, played for the duration of the event. The show opened with Kris Plunkett, singer and songwriter competition winner and was followed by Gyspy Cab, Battle of the Bands winner. Both performances served as openers for the headliner, a performance by The Almost. RAIDERFEST continued on Page 3 ➤➤

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PHOTO BY EMILY MCCARTHY/The Daily Toreador

NATHAN LANDERS, A junior psychology major from Fort Worth, takes on Jacob’s ladder and twists off with just one more step to go during RaiderFest 2013 on Friday at the Robert H. Ewalt Recreational Fields.

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