Consent of Independent Auditors





We consent to the incorporation by reference in the Registration
Statement (Form S-8, No. 333-_________) pertaining to certain 1998
Non-Qualified Stock Option Agreements of LSB Industries, Inc. of
our report dated March 16, 1998, except for the fourth paragraph of
Note 5(A), as to which the date is April 8, 1998, with respect to
the consolidated financial statements and schedule of LSB
Industries, Inc. included in its Annual Report (Form 10-K), as
amended, for the year ended December 31, 1997, filed with the
Securities and Exchange Commission.



                                        /s/ Ernst & Young LLP

                                        ERNST & YOUNG LLP


Oklahoma City, Oklahoma
August 24, 1998