Investor Kyle Bass’ high-capacity water wells in East Texas have been blocked by a moratorium. He says his rights as a landowner are being violated.

A Dallas businessman has proposed studying the aquifer to see if he can pump millions of gallons out of East Texas, a plan that residents distrust.

Dallas businessman Kyle Bass has proposed exporting millions of gallons of water from East Texas to other parts of the state.

Long before a Chinese spy balloon captivated the U.S. last month, Kyle Bass foresaw a foreign danger planned for the skies above his Texas property.