ARBOR WEALTH: Hydro-politics, Noah Cross and the Rio Grande

Published: Thursday, March 6, 2014 at 15:29 PM.

El Paso is in hydrological trouble,” writes Pearce. “With the river now trickling through the town virtually empty and upstream reservoirs scarcely any fuller, the El Paso Times regularly alerts readers to the days when they can use public water on lawns and the days they can’t.”

It was only two short summers ago that the Texas cattle ranching industry was hammered by horrendous drought.  Communities across Texas raised emergency funds to pay large transport trucks to haul water into their parched towns.

Think about a domestic economy where depleted aquifers can no longer irrigate corn and cattle can’t be fed.  Comparatively speaking, countries like the U.S. that partly control their own water destiny are better suited than most to overcome future water shortages. But water users and investors alike will be impacted.

Margaret R. McDowell, ChFC, AIF, a syndicated economic columnist, chartered financial consultant and accredited investment fiduciary, is the founder of Arbor Wealth Management, LLC, (850-608-6121 — www.arborwealth.net), a fee-only and fiduciary registered investment advisory firm located near Sandestin.

 

 

 



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