Recent Articles >> Business
Is water the next oil?
Is water the next oil?
(NewsUSA) - Water is an essential natural resource -- and it's only becoming more valuable.
Despite 70 percent of the planet's surface being covered by water, a mere 3 percent can be considered suitable drinking water. As pollution spreads and populations rise, fresh water supplies in highly populated areas are dwindling. Since 1950, the global population has nearly doubled, and water use has tripled.
"Much like oil, the growing demand for fresh drinking water is making it an increasingly valuable resource," says Joel Sens, president of Seawright Holdings. "Water is the driving force behind life on this planet. As water use continues to climb, more regions find themselves facing a critical dilemma."
More extreme cases of dwindling water supplies can be found in the hotter climate zones within the U.S. In fact, Texas is experiencing the worst single-year drought on record -- now strengthened into a lethal rash of wildfires. In addition to Texas, the Great Lakes are shrinking, upstate New York reservoirs have sunk to record lows, and the west coast is riddled with water restrictions. Experts predict that at least 36 states will face water shortages within the next five years because of a combination of drought, population growth, waste and excess.
"The future of the global water supply is scarily dark," says Sens. "At Seawright Holdings, we just happen to be in a good position to profit on the inevitable scarcity of water."
Seawright Holdings is a small, overlooked public company whose stock currently trades well below $1 per share. As owner of one of the largest and oldest fresh water springs in the U.S., its spring is unaffected by drought and protected by 145 acres of land. Located 120 miles west of Washington, DC in Virginia's Shenandoah Valley, Seawright Springs produces over 1 million gallons of natural, FDA-approved water per day. Not to mention, the spring is ideally located within a day's drive of two-thirds of the American population, which makes the water even more valuable due to its close proximity to so much of the U.S. population.
As the value of water continues to rise, Seawright Holdings remains an interesting investment opportunity. The company trades under the symbol (OTCQB: SWRI). To find more information about the spring and stock-related details, go to www.swristock.com.