As the water shortage crisis in California rises to a boil, desperate farmers are coming forward to bid on the remaining steam. The Central Valley in California is indeed drying up, but private landowners who still have leftover water reserves on their property are now looking to cash in.
A California water rush is on, as water is being auctioned for millions and aquifers are depleted.
According to state records, two water districts in California are
beginning to auction off their private supplies of water. The two
landowners in charge have reportedly made millions off their water
stashes. The Buena Vista Water Storage District has already raked in
about $13.5 million from the auction of 12,000 acre-feet of water this
Upon hearing the news, at least 40 other land owners have begun to
prepare for a massive sell-off of their surplus water storage. Drilling
for water has become more important than drilling for oil, as water
banks are drained at an alarming rate.
Learn more: http://www.naturalnews.com/045857_water_extreme_drought_Cali...