Ski Resorts Seen as Buyout Targets Amid U.S. West Drought

Many ski resorts have gotten just a small fraction of the snow they usually receive by this point in the season, cutting deeply into revenue, which may lead to larger ski resorts buying up smaller ones.
Snowfall has not been so low at the 25 ski resorts in California since the 1971-72 season, according to the California Ski Industry Association. Resorts have to find ways to cut costs until conditions improve.

Source: Drought

California Drought to Affect Lake Mead Levels

The emergency drought declaration made by the governor of California allows the state to take more water from Lake Mead, which could hasten the advent of water restrictions for Las Vegas. Lake Mead is presently about 1,100 feet above sea level, just 25 feet above the point at which a water shortage would be triggered.

Source: Drought