Great article. Good to see some more info out there about this. One of the least talked pieces in the peak oil pie. The amount of infrastructure out there that is going to have to be replaced in the next 20 years is huge. (That is if this monster that we are travelling can still be maintained for that long)

Either way it is simply another nail in the coffin for this out of control society.

But there is a limit to how much a $60 trillion world economy can spend on renewing infrastructure, especially as the economy itself declines.

Very well said and comes to the heart of the problem.

Great article.
Thanks.

I have seen Matt simmons on several occasions discuss the problem of corrosion, something he thinks is primarily missed. I think we really need to quantify this in real numbers where ever possible. You can see Matt's latest at World Energy, also Tom Fry of Noia gets into some of this in his latest on the offshore industry. http://www.worldenergysource.com/wes/stores/1/Where-Do-We-Go-from-Here-T...

Aging workforce, aging infrastructure, and outdated laws, can we ever get a handle on our energy future?