And why not sell it. Boone has most of his land leased in Roberts county where there are 16 ranchers and not much use for water. Not using it is sort of like not pumping oilWhy is Pickens any different than Amarillo that spent $25 million several years ago to buy ranchland near Amarillo for its water that they won't need for 25 years but when they do, they will mine the bejesus out of the non-replenishable Ogalalla and sell the water to their ratepayers.
Then there is the Canadian River Authority that is doing the same thing that Pickens asnd Amarillo are doing. They have vast land holdings for the water. They will pump the water out and put it into the Candian River to improve the quality so someone downstream can take it out and use it for some beneficial purpose that may earn them a buck.
In fact, Pickens used the same application process for his permits that the other entities use. It has nothing to do with business it has to do with fulfilling needs.
Have a nice day.
WaterBank.com
Bill Turner