loss aversion and the latest Lake Mead forecast
The Bureau of Reclamation’s June Colorado River forecast projects Lake Mead ending 2018 at elevation 1,076.5 feet above sea level, three feet higher than the Bureau’s January projection of 1,073.5. If the forecast holds, that’s enough of an increase in Mead storage, thanks to a larger-than average snowpack in the Rockies, to avoid a shortage …
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