Local News

Lake Michigan’s low water levels leading to higher prices

Low water levels in Lake Michigan are leading to high anxiety. The water is five-feet lower than usual and that’s causing problems for companies that use ships to transport food and other products over the water.

The boats can’t carry as much weight as usual, meaning more trips and additional fees.

“We lost 18,000 tons of iron ore. That could’ve been turned into 12,000 tons of steel which could’ve made 15,000 automobiles and kept an auto plant going for 25 days,” said Glen Nekvasil with the Lake Carriers Association.

The manufacturers said the higher prices will be have to be passed along to consumers.

The water has dropped so much because of two consecutive low-snow winters and a major drought this past Summer.

VIEW & ADD COMMENTS

10 Comments to “Lake Michigan’s low water levels leading to higher prices”

    Anonymous said:
    January 16, 2013 at 11:51 PM

    http://ecologyoffood.blogspot.com/2010/10/nestle-
    Michigan law allows Nestle Corporation to continue its five-year takings of up to 250,000 gallons per day and sell them at a markup well over 240 times its production cost. Nestle’s profit from drawing this water could be from $500,000 to $1.8 million per day. A key proviso is that the bottles can be no larger than 5.7 gallons apiece.

      Sodsquad said:
      January 17, 2013 at 7:29 AM

      250,000 gallons a day is nothing.

      ClanSmokeJaguar said:
      January 17, 2013 at 8:06 AM

      So….are you implying Nestle is draining the lake and causing this?

      lol…moron.

    Stuart said:
    January 17, 2013 at 8:03 AM

    No, but the zillion or so plastic bottles to hold it all is..

    whygiveupnow said:
    January 17, 2013 at 9:01 AM

    The big 3 petroleum companies each, make clear profits like that every 60 minutes, day in and day out!!

    KevinT said:
    January 18, 2013 at 11:30 AM

    Close the Chicago Sanitary and Ship Canal — Great Lakes water was never intended to go down the Mississippi! It would solve that whole Asian Carp threat too…

    interview skills said:
    April 3, 2013 at 4:58 AM

    . A day or two before the interview, make it your priority to research the company on the internet

    RobertFreitas said:
    April 9, 2013 at 3:38 AM

    If you ever wanted to try something new and you are bored of those standart tablet computer models, there is this 10.7-inch tablet that’s almost as thin and flexible as a sheet of paper called PaperTab. If you want buy online then please click this link for more information

    price flo said:
    April 15, 2013 at 2:21 AM

    The first set of tests were made to test the times needed to copy all records of one period from the join logical file to a physical file with the same record layout. The record were written by using three different approaches as follows:

Advertisement

Advertisement