Are U.S. Pipelines Too Old for Oil?
Apr 12th 2013 7:45AM
Updated Apr 12th 2013 7:52AM
The majority of America's pipelines were built decades ago. About 60% of pipes were laid before 1970, and close to 40% were built in 1950 or earlier. There is increasing concern that these old pipes are a major liability, and accidents like ExxonMobil's oil spill in Arkansas two weeks ago will happen more frequently. In this video, Fool.com contributor Aimee Duffy talks to fellow contributor Tyler Crowe about two other factors that could affect the integrity of our aging pipes.
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The article Are U.S. Pipelines Too Old for Oil? originally appeared on Fool.com.Motley Fool contributor Aimee Duffy has no position in any stocks mentioned. Motley Fool contributor Tyler Crowe has no position in any stocks mentioned. For more energy information, follow them on Twitter @TMFDuffy and @TylerCroweFool. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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