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You didn't hear it from me, but the first person to make a market for water futures will be very wealthy.
by ShabbosGoy 9y ago
You didn't hear it from me, but the first person to make a market for water futures will be very wealthy.
- jakelarkin 9y agothere's no Cushing, Oklahoma for water. most water delivery dams, pipelines, plants are owned by govt entities and are vertically integrated to serve a particular locale. Theres not often ways to switch delivery and commercialize it. the closest analog is the Colorado river basin but the various state's government agencies sort that out themselves without the need for intermediary market markers.