Back in late April and early May, media articles appeared that proposed major changes in water policy for Texas. These policy recommendations were, of course, timed for release at the height of Texas' drought. Back then, I advocated for patience: "The lessons of history for water in Texas are straightforward. Don't panic and make rash decisions, and heed Reagan's wise counsel that also applies to water policy efforts: 'A government bureau is the nearest thing to eternal life we'll ever see on this earth.'  There is often a lag time between when precipitation begins to rebound back up to historical norms and the refill rates of various reservoirs that were drawn down during the worst of the drought. Take the time to wait for this process, which is undeniably underway, before acting. Making water policy during a drought is equivalent to building public infrastructure during an overheated economy, when construction costs are maximized -- common...(Read Full Article)