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Texas Oil and Gas Producers Told to Prepare for Winter Storms

From bnnbloomberg.ca

Texas oil and gas producers have been told to secure their equipment and facilities ahead of potentially treacherous winter weather this week. The Railroad Commission of Texas advised operators in areas that could be impacted to take action including securing personnel, equipment and facilities to prevent injury or damages, according to a statement Sunday. The RRC also asked all operators to monitor and report road conditions throughout the weather event. The warning comes after the National Weather Service predicted severe winter conditions across portions of Texas in the coming days. Wintry precipitation is ... (full story)

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  • Category: Fundamental Analysis