Baby Boomer Infrastructure
Friday, September 1st, 2006
I believe the recent shutdown of the BP [BP Plc (Quote: BP)] Pipeline on the North Slope of Alaska’s Prudhoe Bay Oil Field [BP Prudhoe Bay Royalty Trust (Quote: BPT)] is just the first of many infrastructure problems to disrupt not just our oil supply but the nation’s operation. The fact is we don’t bother fixing most things until they are broken, and the lifespan of many of the infrastructure that our nation is built on, whether they be pipelines, building foundations, electrical lines, or even airplanes, are due to break down in the near future. The majority of the big infrastructure built after WWII (i.e. the Baby Boom Infrastructure) won’t last much longer. Read the rest of this entry »
