When the water temps get very high, the authorities pump air into the depths to oxygenate the water there. A giant aquarium air injection if you will. I have seen it for a couple or more years. It may have been done much longer than that as I would not know. When the temps are very high I find air conditioning very comforting. As far as the bubbles, it should help with down-river flow with oxygen when they generate and it should help in the depths at the thermocline where it is being introduced. Just a little help for the fishes.
It does look strange.