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.
Are U.S. Pipelines Too Old for Oil?
By Aimee Duffy and Tyler Crowe
-
Apr 12, 2013 at 7:45AM
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NYSE: XOM
Exxon Mobil Corporation
Market Cap
$396B
Today's Change
(-0.38%) -$0.36
Current Price
$93.53
Price as of May 24, 2022, 1:48 p.m. ET
Is our aging infrastructure contributing to all these pipeline leaks?
Stocks Mentioned
Exxon Mobil Corporation
XOM
$93.53
(-0.38%)
$0.36
Enbridge Inc.
ENB
$44.76
(-0.33%)
$0.15
TC Energy Corporation
TRP
$57.29
(-0.85%)
$0.49
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