Employing

Employing its new methodology announced last week, the Energy Information Administration (EIA) on Thursday revised 16 weeks of storage data going back to July 4. The net effect of that revision was to increase the estimated amount of gas in storage by 38 Bcf. Add in the 55 Bcf weekly injection also released Thursday, and storage now stands at 3,121 Bcf — 93 Bcf above the level EIA reported a week ago.