WikiWealth

Hydrogen and Oxygen make up the most valuable resource to all known life by the name of water. Its abundance covers through out the entire universe.

"Water is a ubiquitous chemical substance, composed of hydrogen and oxygen, that is essential for the survival of all known forms of life. In typical usage, water refers only to its liquid form or state, but the substance also has a solid state, ice, and a gaseous state, water vapor or steam. Water covers 71% of the Earth's surface.

From a biological standpoint, water has many distinct properties that are critical for the proliferation of life that set it apart from other substances. It carries out this role by allowing organic compounds to react in ways that ultimately allow replication. All known forms of life depend on water.

Much of the universe's water may be produced as a byproduct of star formation. When stars are born, their birth is accompanied by a strong outward wind of gas and dust. When this outflow of material eventually impacts the surrounding gas, the shock waves that are created compress and heat the gas. The water observed is quickly produced in this warm dense gas. Water has been detected in interstellar clouds within our galaxy, the Milky Way. It is believed that water exists in abundance in other galaxies too, because its components, hydrogen and oxygen, are among the most abundant elements in the universe. Interstellar clouds eventually condense into solar nebulae and solar systems, such as ours."

There will always be a strong demand for water for its important use to the entire planet.

Source: http://en.wikipedia.org/wiki/Water