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Wal-Mart’s despicable water scam: It makes $600 on every $1 it spends in drought-stricken California

Wednesday, May 13, 2015 8:33
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According to a report from Sacramento CBS affiliate, Walmart has been bottling its water from a Sacramento water district during California’s historically devastating drought– and it’s making a grotesquely large profit off of it.

CBS 13′s Adrienne Moore reports:

Sacramento sells water to a bottler, DS Services of America, at 99 cents for every 748 gallons—the same rate as other commercial and residential customers. That water is then bottled and sold at Walmart for 88 cents per gallon, meaning that $1 of water from Sacramento turns into $658.24 for Walmart and DS Services.

For comparison, the city of Sacramento says the average family uses 417 gallons of water a day.

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Source: http://soundofheart.org/galacticfreepress/content/wal-mart%E2%80%99s-despicable-water-scam-it-makes-600-every-1-it-spends-drought-stricken-california

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