Is Water Becoming ‘The New Oil’?

Population, pollution, and climate put the squeeze on potable supplies – and private companies smell a profit. Others ask: Should water be a human right?

by Marc Clayton

Public fountains are dry in Barcelona, Spain, a city so parched there’s a €9,000 ($13,000) fine if you’re caught watering your flowers. A tanker ship docked there this month carrying 5 million gallons of precious fresh water - and officials are scrambling to line up more such shipments to slake public thirst.