Water Is the New Texas Liquid Gold

Bruce Frasier sweats in the 106F heat at his Carrizo Springs, Tex., farm while stacking 42-pound boxes of cantaloupes bound for Kroger (KR) supermarkets and Wal-Mart Stores (WMT). But he’s turning away all offers for his most prized commodity: water. Texas’s worst drought since record-keeping began in 1895 is