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: 20.01.2026 Expectation: 3250 pips
Buying BTCUSD amid Fed’s crisis and moderate bullish momentum
Yesterday at 12:07 PM 32
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 31.12.2026 Expectation: 3700 pips
Investing in SPX for long haul
Yesterday at 11:14 AM 34
Period: 28.01.2026 Expectation: 3000 pips
Tesla shares have room to grow further ahead of annual report
Yesterday at 10:47 AM 22
Period: 31.01.2026 Expectation: 2300 pips
Selling ​​USDJPY upon hitting 160.00
Yesterday at 08:59 AM 26
Period: 20.01.2026 Expectation: 680 pips
Fed’s independence crisis weakens dollar and makes buying AUDUSD profitable
Yesterday at 08:41 AM 25
Period: 31.01.2026 Expectation: 560 pips
Buying AUDCAD up to 0.9360
12 January 2026 52
Go to forecasts