Two Stocks To Watch As The Oil Industry Battles A Water Crisis ...Middle East

Economy by : (OILPRICE) -
The era of casually disposing of water of any type is coming to an end. Water resources, particularly "fresh" water, are moving up the value chain. A resource most of us have taken for granted most of our lives is becoming more expensive and scarce. Drought is part of the reason for this new focus on water. As the NOAA map below shows, about two-thirds of the nation is experiencing at least moderate drought. Drought conditions have been in place for years across much of the country. The term ‘Megadrought’ has been coined to describe…

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