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Comment by gtani

5 months ago

This is a complex set of constraints, and people in Arizona, Nevada and Colorado etc have different perspectives on this. In my mind Lakes Powell/ Mead running low is somehow congruent to the /ZB Treasury futures contract (30 year) running lower, somehow there's a common economic invariant lurking in there.

The somewhat brighter bullet points: Northern California reservoirs are doing prety well, and the Bureau of Reclamatn can again kick the can by draining Flaming Gorge but i think this only works every few years:

https://graphs.water-data.com/flaminggorge/

https://cdec.water.ca.gov/resapp/RescondMain

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weekly watch, showing, surprisingly, nontrivial drought in Florida but drought did visibly abate in Nebraska: https://droughtmonitor.unl.edu/Maps/CompareTwoWeeks.aspx