It’s not just producers and farmers who are getting hit with rising costs and growing shortages of water. When it comes to H2O, everyone better get prepared to pay more and get less. In its long history, water has never been more precious, more controversial, more expensive or more essential to agriculture and commerce than it is right now. A symbol of purity in cosmetic ads, a stand-in for quality in beer ads, the poster boy for violence and destruction during floods, hurricanes and tsunamis, water is currently so scarce out West that it threatens to decimate the nation’s most...