From Deseret News :
That’s a little harsh, especially coming from a member of Congress. But it was similar, in spirit, to what journalist and author Steven Greenhut  told me by phone this week. Greenhut, a free-market advocate, has written a book titled, “Winning the Water Wars: California Can Meet its Water Needs by Promoting Abundance Rather than Managing Scarcity.”
“It seems something as important as this needs long-term planning,” he said, speaking mainly of California. But Utah could strategize better, too.
Because he is a believer in the free market, Greenhut agrees with something I’ve repeated often through the years. The best way to allocate scarce water is to make it more a creature of supply and demand. When the oil producing nations dry up the supply of gasoline, the cost goes up and we use less, he said. But when water becomes scarce, it tends to cost the same as always. We just try to browbeat people into using less, or we levy fines.
“The price of water should reflect the price of providing the water,” Greenhut said. “Raise it when it’s in short supply and lower it when it’s in abundance.”
- “Deseret News”: https://www.deseret.com/platform/amp/utah/2021/6/3/22465701/salt-lake-city-drought-water-fines-dont-work-california
- “Steven Greenhut”: https://www.rstreet.org/team/steven-greenhut/