Things Are Getting Crazy On The Colorado River

The Colorado River may not look like it, but it’s one of the world’s largest banks. The river is not only the source of much of the American West’s economic productivity – San Diego, Phoenix and Denver would hardly exist without it – but its water is now the central commodity in a complex accounting system used by major farmers and entire states. Now, when talking about the river, water officials across the West use terms like bank, payback and surplus. Often the analogies to finance don’t stop there – they put money behind deals that dictate who gets water and who does not.