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: 19.09.2025 Expectation: 950 pips
GBPUSD is correcting after testing resistance
12 September 2025 357
Gold buy
Period: 31.12.2025 Expectation: 2400 pips
Buying gold from $3,450 support
12 September 2025 114
Period: 19.09.2025 Expectation: 1000 pips
AUDCAD poised for further gains after brief consolidation
12 September 2025 347
Period: 31.10.2025 Expectation: 6000 pips
Selling SPX prior to seasonal correction
12 September 2025 328
Brent sell
Period: 19.09.2025 Expectation: 188 pips
Supply glut puts pressure on Brent prices
12 September 2025 354
Period: 18.09.2025 Expectation: 160 pips
Buying gas with $3.150 target amid completing correction
11 September 2025 459
Go to forecasts