Over 50% of the nation’s pipelines were constructed in the 1950’s and 1960’s

DAKOTA ACCESS PIPELINE (DAPL) by Miller Howard Investments

Pipelines and energy midstream assets are essential components of the energy value chain. As of 2015, 76% of domestic crude oil (as measured by refinery receipts, EIA data) was delivered via pipeline. However, energy infra- structure is aging. Over 50% of the nation’s pipelines were constructed in the 1950’s and 1960’s during the creation of the interstate pipeline network, and some pipelines were built even earlier.

How Old Are US Crude Oil Pipelines?

Nearly half of US crude  oil pipeline  is more than 50 years old and was built before 1960. Although it’s only halfway through the 2010s, it seems to be shaping up to...