An article from Forbes about The Water-Industrial Complex

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"In 2001, a water shortage in America's Pacific Northwest wiped out nearly a third of the U.S. aluminum industry...Nearly a decade later, only one has reopened.

Like oil, water is an essential part of doing business in almost every industry, and unexpected shortages can trigger potentially catastrophic consequences.The trouble for investors: Companies disclose very little if any information about their exposure to water-related risks."

Read more @ http://www.forbes.com/2008/05/13/water-electricity-industry-biz-energy-cx_bp_0514water.html