Monday, January 16, 2012
Oil isn't the only resource that's scarce these days in North Texas. Restrictions are being placed on water use in cities all over the south in this unusually long drought. In Dallas, for example, the time of day that people can water their lawn is monitored and there is a limit on how many days a week lawns can be watered. Water is not a resource that we can just create more of. This scarcity of water, in turn, makes it more valuable to it's consumers (that's EVERYTHING by the way). Just the other day, our refrigerator was broken and we could no longer get filtered water out of it. Being as spoiled as I am, this was a big disappointment. I now had to drink tap water. After the refrigerator was fixed, I no longer took for granted my tasty filtered water. It's value increased much more to me, and that's what is happening to all of North Texas.