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: 12.06.2026 Expectation: 400 pips
Invest in Brent crude up to $102
Yesterday at 11:41 AM 34
Period: 12.06.2026 Expectation: 600 pips
AUDCAD has no clear direction amid de-escalating geopolitical tensions
Yesterday at 10:58 AM 20
Period: 05.07.2026 Expectation: 2400 pips
Buying USDCAD with 1.41400 target
Yesterday at 09:06 AM 25
Period: 12.06.2026 Expectation: 800 pips
GBPUSD is stuck in flat trend amid Middle East uncertainty
Yesterday at 07:06 AM 18
Period: 11.06.2026 Expectation: 1650 pips
Selling S&P 500 with 7,370 in sight on rising likelihood of Fed’s hawkish policy
04 June 2026 39
Gold buy
Period: 05.06.2026 Expectation: 290 pips
Buying gold with $4,770 in view
04 June 2026 73
Go to forecasts