30 January 2023 | Other

Texas oil and gas producers have been told to prepare for winter storms

This week is expected to bring extremely cold winter weather to Texas. Local oil and gas producers have been instructed to secure their equipment and facilities.

Forecasts from the National Weather Service showed severe winter conditions in some parts of Texas over the coming days. After that a warning of winter precipitation in some areas of West and North Texas on Monday afternoon was published. More freezing rain is predicted for Tuesday.

Texas Railroad Commission operators have been instructed to monitor weather information and its potential impact by means of state, local and national reports.

The petrochemical and fuel industry in Texas is quite massive and quite sensitive to severe weather influences. Very cold temperatures can cause natural gas lines to freeze, valves to jam, and power supply to fail.

Company MarketCheese
Period: 20.02.2025 Expectation: 2030 pips
AUDUSD remains in downtrend channel with potential decline to 0.6000
Yesterday at 10:01 AM 48
Alexandra_Belova
Alexandra_Belova

Listed among the best MarketCheese authors
2nd in the segments "Currencies" and "Oil and gas"
Period: 11.02.2025 Expectation: 3600 pips
Buying Bitcoin amid financial markets volatility
Yesterday at 08:28 AM 41
Period: 28.03.2025 Expectation: 400 pips
Continue to buy Brent up to 79.6
Yesterday at 06:40 AM 46
Gold buy
Period: 10.02.2025 Expectation: 3500 pips
Gold price pullback to be followed by recovery to 2815 level
03 February 2025 147
Period: 10.02.2025 Expectation: 1720 pips
Silver loses ground amid dollar strength and trade risks
03 February 2025 48
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segments "Currencies", "Metals" and "Oil and gas"
Period: 28.03.2025 Expectation: 460 pips
Buying Brent up to 79.6
03 February 2025 45
Go to forecasts