Here's the latest outlook and discussion:
 
 
DAY 2 CONVECTIVE OUTLOOK  
   NWS STORM PREDICTION CENTER NORMAN OK
   1235 PM CDT THU APR 27 2006
   
   VALID 281200Z - 291200Z
   
   ...THERE IS A SLGT RISK OF SVR TSTMS ACROSS THE SRN PLAINS...
   
   ...SYNOPSIS...
   LARGE WRN U.S. UPPER LOW/TROUGH -- WHICH WILL BE ASSOCIATED WITH THE
   PRIMARY SEVERE CONVECTIVE THREAT THIS PERIOD -- IS FORECAST TO
   CONTINUE PROGRESSING EWD ACROSS THE ROCKIES AND INTO THE CENTRAL
   CONUS THROUGH THE PERIOD.  
   
   DIFFERENCES REMAIN WITHIN THE VARIOUS MODEL SOLUTIONS WITH REGARD TO
   THE DETAILS OF THE UPPER TROUGH AND ASSOCIATED SURFACE PATTERN...BUT
   IN GENERAL EXPECT LOW PRESSURE IN LEE OF THE ROCKIES OVER THE
   CENTRAL/SRN PLAINS REGION DURING THE PERIOD.  BY LATE IN THE
   PERIOD...SURFACE PATTERN SHOULD BECOME MORE WELL DEFINED...WITH A
   DEEPENING SURFACE LOW IN THE KS/OK AREA AND A COLD FRONT MOVING EWD
   ACROSS TX THROUGH THE END OF THE PERIOD.
   
   ...MUCH OF TX AND PARTS OF OK...
   EXTENSIVE/WIDESPREAD CONVECTION SHOULD BE ONGOING AT THE START OF
   THE PERIOD ACROSS PARTS OF THE CENTRAL AND SRN PLAINS...IN AREA OF
   BROAD WARM ADVECTION AHEAD OF MAIN UPPER SYSTEM.  THIS COMPLICATES
   THE DAY 2 SEVERE FORECAST...IN TERMS OF DELINEATING AREAS WHERE
   GREATER DESTABILIZATION -- AND THUS SEVERE POTENTIAL -- WILL EXIST.
   
   ATTM...IT APPEARS THAT A DRYLINE WILL SHIFT EWD ACROSS WRN TOWARD
   CENTRAL TX DURING THE AFTERNOON...INTO AN AREA WHERE LESS CONVECTION
   MAY BE UNDERWAY.  PRESUMING THIS TO BE THE CASE...SEASONABLY-MOIST
   BOUNDARY LAYER COMBINED WITH DAYTIME HEATING SHOULD LOCALLY BOOST
   MIXED-LAYER INSTABILITY INTO THE 1000 TO 1500 J/KG RANGE.
 
   WITH FAIRLY STRONG LOW-LEVEL WIND FIELD FORECAST BENEATH 70 TO 8O KT
   SWLY MID-LEVEL FLOW...DEEP-LAYER SHEAR WILL BE FAVORABLE FOR
   SUPERCELL STORMS.  
 THEREFORE...ANTICIPATE THAT AN AREA OF ENHANCED
   SEVERE THREAT -- INCLUDING LARGE HAIL AND LOCALLY DAMAGING WINDS
   ALONG WITH THE POSSIBILITY OF A FEW TORNADOES
WILL DEVELOP ACROSS
   PARTS OF WRN AND CENTRAL TX AND PERHAPS INTO SWRN OK.  AS SURFACE
   PATTERN BECOMES BETTER DEFINED OVERNIGHT AND COLD FRONT
   STRENGTHENS/MOVES SEWD ACROSS THE SRN PLAINS...STORMS COULD EVOLVE
   INTO A SQUALL LINE...ALONG WITH A CONTINUED THREAT FOR HAIL/DAMAGING
   WINDS. THREAT SHOULD DIMINISH ACROSS MOST AREAS LATE IN THE
   PERIOD...AS AVAILABLE INSTABILITY REACHES A DIURNAL MINIMUM.
   
   ..GOSS.. 04/27/2006
Looks like they may be hinting at an area being put in a moderate risk...