California's Illogical Water Policy

Even more importantly, this article highlights the behavior of the big three public water players -- who are marketers themselves -- as well as the official stewards of California's water market. "Rolen was one of dozens of Sacramento Valley farmers participating in a sale that reaped $12 million and spotlighted a new twist in California's age-old quest for water.Blessed with most of the water but suffering from low crop prices, farmers up and down the state are marketing their water -- to other farmers, and to thirsty urban customers from the Silicon Valley to San Diego."