Wednesday, February 13, 2013

Emerging Market For Water...Hotter Than Oil

According to a new NASA study, the Mid-East is losing fresh water reserves at an alarming rate. Countries like Syria, Turkey, Iraq and Iran are losing groundwater due to mismanagement and a 2007 drought. I think we need to start shipping water by the barrel over there and I think it should be going for about a $100 per barrel, give or take. Of course, if there are tensions anywhere in the world, it will negatively affect the price of water, and of course at the change of every season we'll have to increase the price due to the cost of switching over from the winter blend to the summer blend and things like that. I mean, you have to take into account the logistics of this sort of thing, supply and demand can be a tricky thing!

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