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Article: Water firms offer opportunities for investors

Article from:
Deseret News (Salt Lake City)
Article date:
July 6, 2008
Author:
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Battles over water rights for survival and economic growth were dramatically depicted in the films "Chinatown" about Los Angeles and "The Milagro Beanfield War" about the American Southwest.

The present-day story unfolding over water's future may offer opportunities for investors able to envision it as a valuable commodity that benefits companies involved in its sale, distribution, purification and infrastructure.

Corporate raider and oilman T. Boone Pickens has been buying up water rights in the Texas Panhandle in the belief that water is going to become scarce and salable. This follows the logic that climate change, shrinking lakes and rivers and population growth will make increasing ...

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