Skip to content

Citi’s Top Economist Says The Water Market Will Soon Eclipse Oil

July 30, 2011

Full Article at

By Gus Lubin

Citi economist Willem  Buiter tells clients to invest in the  water industry which will soon become hotter than oil (via FT  Alphaville):

I expect to see in the near future a massive  expansion of investment  in the water sector, including the production of fresh, clean water from other  sources (desalination, purification), storage, shipping and transportation of  water. I expect to see pipeline networks that will exceed the capacity of those  for oil and gas today.

I see fleets of water tankers (single-hulled!)  and storage facilities that will dwarf those we currently have for oil, natural  gas and LNG. I see new canal systems dug for water transportation, similar in  ambition and scale to those currently in progress in China, linking the Yangtze  River in the South to the Yellow River in the arid north

Read more:

Full Article at

Add to DeliciousAdd to DiggAdd to FaceBookAdd to Google BookmarkAdd to MySpaceAdd to RedditAdd to StumbleUponAdd to TechnoratiAdd to Twitter

No comments yet

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: