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Are U.S. Pipelines Too Old for Oil?

By Aimee Duffy and Tyler Crowe - Apr 12, 2013 at 7:45AM

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Is our aging infrastructure contributing to all these pipeline leaks?

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 (XOM -0.38%) 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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Stocks Mentioned

Exxon Mobil Corporation Stock Quote
Exxon Mobil Corporation
XOM
$93.53 (-0.38%) $0.36
Enbridge Inc. Stock Quote
Enbridge Inc.
ENB
$44.76 (-0.33%) $0.15
TC Energy Corporation Stock Quote
TC Energy Corporation
TRP
$57.29 (-0.85%) $0.49

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