The New York Times published an article on May 1 that talks about storing water underground as a modern (but also old) solution to water shortages and the advantages and disadvantages of this.
"[E]xperts are urging cities to build reservoirs below the ground, where the water cannot evaporate and many of the difficulties associated with above-ground water storage are avoided," the article reads.
Links:
[1] http://www.nytimes.com/2013/05/02/business/energy-environment/02iht-green02.html?utm_source=Circle+of+Blue+WaterNews+%26+Alerts&utm_campaign=542bbc50a9-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c1265b6ed7-542bbc50a9-250659753&_r=0
[2] http://www.rcap.org/taxonomy/term/1105
[3] http://www.rcap.org/taxonomy/term/720
[4] http://www.rcap.org/taxonomy/term/1106
[5] http://www.rcap.org/taxonomy/term/699
[6] http://www.rcap.org/taxonomy/term/38