Residents push back against sewer system sales, fearing cost nownews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nownews.com Daily Mail and Mail on Sunday newspapers.
Residents push back against sewer system sales, fearing cost
By ANDREW MAYKUTH, The Philadelphia InquirerMay 15, 2021 GMT
CONSHOHOCKEN, Pa. (AP) Lisa Lilick and Carol Smith struggled to get fellow Conshohocken residents to pay attention to their campaign opposing the sale of the borough’s sewer system. Who wants to think about boring wastewater when there’s a pandemic going on?
“Then Carol, she did the little thing with a toilet,” said Lilick.
The “little thing” was a simple image that Smith dug up on a Google search, a cartoon commode with a worried expression and the palm of its hand held up. “No to sewer sale,” the cartoon toilet intoned. “Bad for residents, seniors, fixed income.”
The frenzy of acquisitions in Pennsylvania is driven by a 2016 state law that encourages the consolidation of smaller water and wastewater systems under private ownership.
Essential Utilities Inc (WTRG): Price Now Near $45.77; Daily Chart Shows Downtrend on 20 Day Basis
At the moment, WTRG (
Get Ratings)’s price is up $0.47 (1.04%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
(WTRG) - Analyzing Essential Utilities s Ex-Dividend Date benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.