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Analyst says dry California weather may hurt water utilities
Analyst warns dry weather in western US may harm supply at public water utilities
AP
Published: April 29, 2008 13:27
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Excerpt: {magazine_leadin}NEW YORK (Associated Press) - Extremely arid conditions in California and the western United States threatens to drain away the supply of public water utilities, an analyst said in a recent industry update. Brean, Murray, Carret & Co. analyst Michael Gaugler warned Monday that for four California utilities “the promise of plentiful water supplies for 2008 has largely evaporated.” “While the first two months of the year put California’s rainfall level well above average, the driest…
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