Are U.S. Pipelines Too Old for Oil?
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.
The Motley Fool's chief investment officer has selected his No. 1 stock for the next year. Find out which stock it is in the brand-new free report: "The Motley Fool's Top Stock for 2013." Just click here to access the report and find out the name of this under-the-radar company.
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.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.