Market Pulse Check
Natural Resources
Western States Brace for Federal Water Cuts
Water levels in Lake Mead, the largest reservoir on the Colorado river, recently have fallen to a record low, prompting federal water cuts, according to Manufacturing.net.
Arizona will be most deeply affected by cuts, losing 18% of its share of the river, around 8% of the state’s total water.
Nevada will lose 7% of its access to the river and Mexico will lose 5%. California will not be affected by these cuts due to more senior water rights. Farmers in Arizona will be hardest hit, as their water comes ...
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