It is hard to watch the news these days without hearing about excessive oil prices. It’s also difficult to listen to the oil crisis rhetoric without hearing somebody blame it on the NYMEX traders who speculate on the price of crude oil. Before you can make your own opinion, it’s important to understand why the price of oil is determined through such a mechanism. After we fully understand this, let’s compare oil to another commodity which may be priced in a similar fashion in the future: water.

How would you like to go back in time and buy oil when it was trading at $40 a barrel? Or even lower? Some investors are kicking themselves by missing out on the huge run in oil prices over recent years. You may have an opportunity to get in early on a commodity that is even more important to our future than oil: water.
News surrounding a global water shortage has been increasing in intensity. This article is not here to make a case for a water …