Argentine water in demand amid gold, oil, gas rush

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articlenopicBy CBSNews.com

Argentina is promoting a new era of mining and energy production, welcoming billions of dollars in foreign investment to unlock huge new reserves of natural gas, oil, gold, lithium and other metals once thought to be unprofitable or out of reach.

But there's one factor threatening this resource boom, something politicians and energy executives rarely mention: Huge amounts of fresh water will be required for these operations in a country where water scarcity holds back development and 16 percent of households still lack connections to publicly treated drinking water.

To make good on the promised energy wealth from one large Argentine shale oil and gas deposit announced this year, experts say it could take an estimated...Read Full Article

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