Just the Fracts Discussion

Prices are important signals to both consumers and producers.  Through prices of goods and services, key information is transmitted back and forth alerting producers what consumers are willing to pay and telling consumers how much producers are willing to sell their good or service. Without a marketplace to generate prices, it is very difficult (if not, impossible) to determine the level of importance consumers and producers place on the good or service or a good or service’s level of scarcity.  With this information, how could implementing water markets aid in addressing hydraulic fracturing’s major risks.