
Wal-Mart’s despicable water scam: It makes $600 on every $1 it spends in drought-stricken California [1]
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According to a report from Sacramento CBS affiliate [2], Walmart has been bottling its water from a Sacramento water district [3] during California’s historically devastating drought– and it’s making a grotesquely large profit off of it.
CBS 13′s Adrienne Moore reports [2]:
Sacramento sells water to a bottler, DS Services of America, at 99 cents for every 748 gallons—the same rate [4] 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.