The Colorado River Basin has garnered necessary media attention over this past year as water storage levels in Lakes Powell and Mead decline to record lows. As unprecedented drought conditions persist (and are predicted to stay), the basin’s insurance pools, in the form of reservoir storage, are disappearing. The river basin has been stuck in a seemingly unwavering imbalance between water supplies and demands. Simply put, the seven basin states have become reliant on a diminishing water supply and it has proven very difficult to reduce the magnitude of this reliance.
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