Consent of Independent Auditors


                                                       

                                                                 
We consent to the incorporation by reference in the Registration
Statement (Form S-8, No. 333-_________) pertaining to the Non-
Qualified Stock Option Agreement (James F. Damiani) 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