CA has water surplus

I wonder if they'll treat water as a commodity and try to sell it?

State has abundance of water in the bank: Reservoirs at 100% capacity -- and snowmelt will boost supply, Peter Fimrite, Chronicle Staff Writer. This article from Saturday tells us:

If California suddenly went dry, and no rain or snow fell for two straight years, the state would still have enough water to go around thanks to this year's wet winter, meteorologists and water experts said Friday.

One meterologist is quoting as saying "we're in fat city" -- and calls this a "superb water year".

Given that one way to look at water is as a commodity, would or could California try to sell some of their surplus? I've always thought of southern CA, at least, as the consumer, not the producer of water. Is selling off physically feasible?