Water Is The New Oil

Shipping water across the high seas doesn’t sound like a logical move. But to a U.S. company, the effort makes a lot of business sense.

Every year, True Alaska Bottling will pump out 80 million gallons of water out of Sitka, Alaska—which is one of the world’s most spectacular lakes—into the kind of tankers, typically, reserved for oil, and ship it to a bottling facility near Mumbai, India. From there, it’ll be distributed among several drought-plagued cities throughout the Middle East.

Life’s most essential molecule has been turned into a global commodity.

True Alaska Bottling is perhaps banking on precipitation to replenish the 80 million gallons of water that it’ll siphon out of the pristine lakes.

h/t: NEWSWEEK

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