Forget peak oil, and think peak water. Fracking uses an average 4.5M gallons of water per well,...

|By:, SA News Editor

Forget peak oil, and think peak water. Fracking uses an average 4.5M gallons of water per well, and Cody Willard thinks it's inevitable that water will become a traded and bundled commodity like crude oil. Remember ethanol and corn prices? "The same thing is about to happen to water. And water inflation is way more insidious than food inflation because it will drive up the costs of everything we eat."