Aug 29, 2008

Goodbye 78,840,000 gallons of blue gold

Canada may not be selling it yet; but Lake Michigan is giving it away.
 
A water bottling company has won approval from state regulators to complete construction of a well and pipeline in Osceola County.
 
Let's see. 150 gallons a minute x 60 minutes x 24 hours x 365 days: 78,840,000 gallons annually. Thanks, Michigan DEQ, says Nestle. If the profit is 50 cents a gallon...and it's far higher...that's $39 million per year. A public resource privatized.