Is There a Natural Gas Shortage In the US?

Not if today's report from EIA.GOV is any indication.

Current natural gas in underground storage, matches last year's figure. Of course, the regional differences might an issue.

While it might look good, it should be noted that storage is not sufficient to last through the winter for the East, and especially the Northeast. Pipeline constrictions limit the resupply, which results in requiring LNG. The latter is a political hot potato. Be wary of which side of any argument you might feel inclined to side with. 

Each side has an agenda and while we want to focus on the truth... sometimes the truth is not the whole truth. 

An example of how facts and truths can be spun. 

• The earth was 94.5 Million miles from the sun in July.
• The earth will be 91.4 Million miles from the sun this coming January.

Both of those statements are true and factual. Taking those two statements alone, could result in some wild claims about the earth crashing into the sun in less than 15 years, which is not true or factual. 

The point being... there is a lot more truth to be uncovered, to find the whole truth, and nothing but the truth. So be wary of some of those truths being bandied about.

Okay, on to natural gas futures...

One thing is for certain... consumer costs for heating will go up this winter. Energy inflation is still a thing, even if gasoline prices are slipping.