The following is a link to an excellent article by Professor Gerald Torres, who holds the Bryant Smith Chair in Law at the University of Texas at Austin. While I don;t necessarily agree with the undercurrent that more governmental regulation is the answer to Texas' groundwater problem, the Professor makes fantastic points, and the article is well-written and insightful.
The Yale Law Journal Online - Liquid Assets: Groundwater in Texas
It has been said "Whiskey is for drinking and water is for fightin." In Texas, water is our most valuable resource, and has become increasingly scarce with our State's population explosion. Naturally, ownership, control and use of water carry tremendous legal and financial implications. Meanwhile, multiple layers of governmental regulation have made acquisition, development, use, marketing, and transmission of water in Texas increasingly complex. This site contains the musings of a water lawyer.
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