Water prices are said to rise as much as 40% in some regions with an average of 16%. Price increases are traced back to higher energy costs which cause water treatment plants and so forth to be more expensive to operate. To answer the second part of your question, water prices are not likely to topple oil prices, at least not in the foreseeable future. It all depends on oil drilling legislation as well as alternative energy legislation. If the US chooses to continue drilling without seriously investing in alternative energy, we will see oil prices stay the same and then drastically rise in 20 or so years when we begin to run out of oil. If we invest in alternative energy now, we will see oil prices increase immediately and level out over a period of time.
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