alix: that was my interview with rocky mountain resources eeo chad brownstein.ome of the risks, no surprise, include hedging, the water quality, and the weather. he does see some uncertainty coming into the space. all right, here's what's on my commoditity radar. saturday, you get the joint technical meeting of opec, plus committees in abu dhabi. don't miss that for any rhetoric about iranian sanctions. then tuesday, you get a global grain conference showing up in geneva. i am looking what it means for trade and ag, and also on tuesday you get the metal expo kicking off in moscow. still looking for any sanction issues they may have. that does it for "bloomberg commodities edge." this is bloomberg. ♪ scarlet: i'm scarlet fu. this is "bloomberg etf iq," where we focus on the access, risks, and rewards offered by exchange traded funds. ♪ scarlet: divided countries, divided government. what the midterm election results mean for policy and your portfolio. ready, set, build? both the republicans and democrats preached the need for infrastructure. now the democrats are

today is chad brownstein, the ceo of rocky mountain resources.'s take a closer look at one of his investment ideas. 322 billion gallons of water per day was used in the u.s. in 2015. there are two places you can find the water -- on the surface, think streams, lakes, oceans, and underground. the water that goes into wells and springs. how do you invest? you can buy utility companies like american water works, water index, etf, or the underlying assets. take colorado. surface rights there are pretty liquid. they can be bought, sold, and traded. older water rights have priority and therefore more value. the underground market is trickier. if the land and underground water are tied together, it is treated like a surface right. if not, the landowner has to claim the water in a formal come long process. then they are free to buy, sell or trade. and they have to prove the water is being put to good use, no waste, no speculation. it is a small industry, $75 billion market. some investors believe it could grow to $500 billion in a decade. the senate rece

investing in water can be tricky, but we sit down with investor chad brownstein, ceo of rocky mountainrces, who calls colorado "the permian for water." ♪ alix: i'm alix steel, and welcome to "bloomberg comti

we sit down with investor chad brownstein who calls colorado the permian for water.