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Old 10-17-2015, 09:05 PM
 
Location: Grand Prairie, TX
82 posts, read 122,269 times
Reputation: 14

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Did you know that investments in water and water companies are the new "oil and gas" because of the high profitability. The longer the drought, the more profits for the investor. In fact, they are getting so popular now that it is hard to find available water investments. There are 2 or 3 major water brokers in the US, and one serves DFW. They sell water to municipalities. To me this smacks of profiteering by a monopoly. We have no choice with whom we purchase water. I think every affected town/city needs to gather names on petitions to show the governor just how wide-spread this scam is.
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Old 10-18-2015, 05:59 PM
 
1,256 posts, read 3,186,094 times
Reputation: 931
Yes, this is also happening in my area around Flower Mound.
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Old 10-21-2015, 02:22 AM
 
Location: Dallas/Fort Worth, Texas
4,128 posts, read 13,185,014 times
Reputation: 2527
Frisco isn't immune to the problem either

Frisco has explanation for soaring water bills

Naima
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Old 10-21-2015, 09:07 AM
 
Location: plano
5,971 posts, read 7,525,573 times
Reputation: 5024
One factor is a sign icing increase in water rates across the metroplex. One factor in the rate increase is a $300M new pipeline from texoma to this area in an attempt to keep zebra muscles out of the trinity river basin. Took a couple of years to build and by the time it opened these muscles had managed to get from texoma to the trinity river basin probably from boats and trailers carrying them. So basically a wasted huge investment on top of cutting off the texoma flow to our water system for a couple of years. Texoma is roughly 25% of our water source currently.

I really get aggravated by this waste. I have not studied zebra muscle impacts but understand the Great Lakes have had them for decades now with no detrimental impacts. We waste miney like we are a rich country which we aren't as our deficits and debt levels have soared. End of rant.....
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Old 10-21-2015, 09:15 AM
 
3,538 posts, read 6,973,176 times
Reputation: 4552
NTMWD is an incredibly mismanaged organization.
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Old 10-21-2015, 09:18 AM
 
Location: plano
5,971 posts, read 7,525,573 times
Reputation: 5024
Quote:
Originally Posted by MurphyPl1 View Post
NTMWD is an incredibly mismanaged organization.
Agreed based on this experience but suspect they had help on this idea from other state and perhaps federal agencies. I believe most cities other than Dallas and Irving in the northern sphere of the greater Dallas area buy water from NTMWD.
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