True.  I suppose that at some lever having production capacity far above consumption is a type of storage, because the "spigot" can be turned on to affect spot prices.

Looking at the EIA data.

Residential consumption has been steady. Full sector numbers are only available since 1997, but they still tell a story.

Hmm.  I wonder what's driving up consumption and costs.

And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg