09:52 AM EDT, 05/19/2026 (MT Newswires) -- Natural gas traded at a two-month high early Tuesday as hot long-term forecasts offer a rise in cooling demand. Gas for June delivery was last seen up $0.05 to US$3.07 per million British thermal units, the highest since March 20.

The rise comes as long-term forecasts from the National Weather Service see most states with hotter than seasonal temperatures over its six to 14 day outlook, offering a boost to cooling demand on higher air-conditioning use amid lower production.

"With gas production slipping just a bit lower overnight gas markets are holding their gains despite additional decreases in LNG feed gas demands. Most of the support is coming from weather outlooks that are painting virtually the entire lower 48 in the yellow and orange hues of warmer than normal temperatures,"Gary Cunningham, Director of Market Research at Tradition Energy, wrote.