OTCQX:HEOFF - Post Discussion
Post by
Possibleidiot01 on Feb 01, 2023 10:20am
Seeking alpha newsletter comment
Commodities
A Jan. 31 deadline to strike a deal on voluntarily cutting water use of the Colorado River has come and passed amid a historic drought and record low reservoir levels. While a proposal called the "consensus-based modeling alternative," was jointly submitted by six Western states, California - the largest user of the Colorado River - is not on board. It plans to submit its own plan to protect one of America's most important natural resources, which supplies water to 40M people. The federal government might now have to impose cuts that will likely end up in court, while Wall Street is smelling dollar signs from the latest crisis as water turns into a hot commodity.
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