There is no doubt there is a global glut of oil. In fact, because of the current oversupply, U.S. drivers are enjoying the lowest gasoline prices since May 2010. But there’s another liquid that’s even more important to the economy… and is in short supply.
Unlike oil, fresh potable water is unavailable to 780 million people around the world. That’s more than 2.5 times the population of the United States.
The water sector is one of the most overlooked by investors. From desalination to infrastructure, there are many opportunities to generate long-term profits in this sector.
I’ll get to more specific investment opportunities in a moment. First, let’s dig a little deeper into the global water crisis.
The Global Water Crisis
Sadly, every minute a child dies of a water-borne disease. Each day, women and children in third-world countries spend more than 200 million collective hours gathering water.
But don’t think the lack of water is just a problem for Africa and parts of Asia. Here in the United States, California is in the midst of a prolonged drought.
Just look at these NASA satellite images taken from 2002 through 2014. They paint a stark picture of California’s water loss.
A few weeks ago, the latest release of the U.S. Drought Monitor showed that 9% of California is now in a state of