4 ms·
> I entirely fail to see why Nestle should get a huge discount for water that is then sold to American citizens at $1.79 a gallon, for a 122,976% markup. Well,
by whyenot 9y ago
> I entirely fail to see why Nestle should get a huge discount for water that is then sold to American citizens at $1.79 a gallon, for a 122,976% markup.
Well, when you phrase it that way it sounds terrible, but it's a completely bogus comparison. A retail water user is paying not just for the water but more importantly for it's storage and delivery to their doorstep. That increasers the price. You also are not buying in bulk. If you were, you would only be paying $50-200 an acre foot as most California farmers do to have water stored and delivered to their farms. Nestle is only paying for access to a water source. Is $524 too low a fee for a permit? Yeah, probably, but the company isn't "stealing" water, and compared to what farmers pay for similar amounts of water isn't not that that different.