
Life Expectancy of Buried Oil Storage Tanks – Residential
Underground fuel oil tanks are increasingly becoming more of an issue as time goes on. The common life expectancy of a buried oil tank made of steel is 10-15 years, but at about 20 years the risk of leaks from steel underground oil tanks become higher. If one waits years beyond the life expectancy of a steel tank to remove it, then it’s likely that leaks will occur, which will incur additional costs to remediate. Leaks can also happen early if a tank was damaged at installati