The Portland Press Herald has an update on Poland Springs and Shapleigh. The issue is slightly confusing, but at it's heart is whether or not to let Poland Springs do test drilling. The town puts it to vote in 10 days.
Shockingly, what the town could get paid:
"the company did not want to pay any more than the rate it now pays the state at Range Pond: 0.6 cent per gallon, less transportation costs."
So at most, the town will be paid $1 for 170 gallons of water.
At Stop and Shop's home delivery page, they are selling Poland Springs 1 gallon bottles for $1.39, link.
Now obviously, there are drilling, delivery and filtering costs, Stop and Shop adds a margin on to it, etc....but, it's a long way from $1.39 to $0.006 per gallon. I'd like to see Poland Springs release more info on those costs. Transparency might help the situation. Without more information, the deal just kind of reeks.
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