Residents and anglers can expect to see high flows in the Fryingpan River in the month of August as water managers increase releases out of Ruedi Reservoir in an attempt to relieve the worst drought conditions downstream. The Colorado Water Trust plans to begin releasing from a 4,700-acre-foot pool it leases in Ruedi on Monday. The Glenwood Springs-based Colorado River Water Conservation District also plans to begin releases from its 10,500-acre…