If your ejaculation is clear, does this signify anthing? Can that mean I'm sterile or is this just from drinking a lot of water?

Doesn't mean anything. Everyone's is slightly a different color. This is normal.

Yes, J9 is exactly right.

Everybody has a different colour and texture, does not mean a thing. I would also like to add, that the consistancy also depends on how often you ejaculate. Could have a bearing on how thick, thin, colour of it.

Joe