From Oversupply To Undersupply Real Quick! US natural gas futures climbed to $2.06/MMBtu, the highest level in a week, driven by increased demand forecasts due to a rise in feedgas at Freeport LNG's export plant in Texas. LNG feedgas reached a three-week high of 12.9 bcfd on Monday, up from 12.2 bcfd the day before, indicating that at least one of the three liquefaction trains was back online after an outage. Freeport LNG, a major US liquefied natural gas export facility, has experienced multiple outages this year, with all processing units offline recently. Meanwhile, meteorologists predict above-average temperatures until May 11, followed by a return to near-normal conditions from May 12-14.