If you live near my hometown of Philadelphia, you might be shocked to find out that you’re paying 164% MORE for one vital commodity than you were just 12 years ago.
It’s worse if you live near Atlanta, or San Francisco, where the price of this commodity has soared 233% and 211%, respectively.
And I’m willing to bet that you probably haven’t noticed that this commodity has steadily increased in price. You’ve just paid your bill and moved on.
I’m talking about water.
It’s a vital resource – and technically a commodity – that everyone in America takes for granted. But clean, fresh water doesn’t get piped to your house magically. It takes lots of infrastructure and investment to keep the water flowing.
And right now there are two HUGE reasons why our water costs are on the rise:
- We’re depleting our naturally occurring aquifers. These aquifers do most of the heavy lifting in channeling rain water into large, underground reserves – filtering out debris along the way. America has one of the world’s largest aquifers sitting under the entire breadbasket – from South Dakota down to Texas. And we’ve been pumping this aquifer more every year to feed crops and populations in the Midwest for decades. Now, it’s drying up.
- We have NOT kept up with maintenance of our water infrastructure. Over a third of our infrastructure is over 40 years old. It’s estimated that we waste $14 billion worth of water every year worldwide due to leaky infrastructure.
These two causes of rising water costs must change if we plan on keeping the same access to water that we have today.
And I’m not worried! Do you think we’ll let our water costs continue to rise by double digits every year? Will we continue to pump our aquifers dry? Will we let our infrastructure completely crumble?
No – before the situation gets completely out of hand and no one can afford to drink water from their own tap, we’ll see a huge surge in water investments made by the mainstream.
Americans aren’t known for sitting on their hands and waiting for things to improve – they take action. Just look at what happened to oil investments when oil prices hit $149 a barrel a few years ago. Now the oil sector is flush with cash, and America is once again a net oil exporter.
We’re exporting oil again – something that all of the oil economists said could never happen.
I know the same thing will happen with water. People will wake up one day and notice their water bill has gone off the charts.
After they pay it, the next thing they’ll do is call their broker and buy up shares of utilities, water technology stocks, water pipeline manufacturers, plumbing supply companies, and water efficiency stocks.
That’s coming, for sure.
That’s why I’ve worked closely with my boss Ian Wyatt to get out in front of this trend. It’s boring to invest in water, I know. But it’s inevitable. So if you’re interested in taking a look at what we’re doing with water investments, click here now.
I don’t think you’ll be disappointed in what we’ve uncovered.