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Louisiana may sell water to drought-stricken Texas

Hit by drought after drought, Texas is so parched that it’s asking its neighbors if they have any water to spare. Louisiana’s response: maybe, but it’ll cost you.

This week, the state Water Resources Commission approved the formation of a group to study the idea of selling water to Texas and other states, possibly cashing in on another natural resource — along with oil, gas and fisheries – that Louisiana has in abundance.

“The state only has a handful of things to exploit that it hasn’t already exploited, as far as revenue,” said Mark Davis, a commission member and director of Tulane University’s ByWater Institute. “And a lot of people covet our water.”  Read more from The Times Picayune