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Strategies & Market Trends : Mike's Big Adventure Trading Forum

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To: ~digs who wrote (1566)7/22/2007 8:28:19 PM
From: Square_Dealings  Read Replies (1) of 1791
 
thx. Im not sure if the utilities are going to do well or if they are going to get killed by the coming pipeline failures. Maybe CA ends up doing better and the value of the infrastructures that have longer life will increase by default.

I think there are two waves of infrastructure, one built approx 100 years ago in the East (NY etc) and the other built 75 years ago (midwest). According to civil engineering studies the meantime to failure on the 100 yr old stuff is longer than the 75 yr old stuff and they both start to fail miserably starting anytime. The failures should accelerate for 10 yrs or so, the cost of replacement will be prohibitive in some cases forcing relocation of many people. I think the cos. that supply pipes, pumps, valves etc are going to have a hay day. Unfortunately their arent many of them that are public cos.

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