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Why should I be concerned? Aboveground and underground storage of liquid petroleum products such as motor fuel and heating fuel presents a threat to public health and the environment. Nearly one out of every four underground storage tanks in the United States may now be leaking, according to the U.S. Environmental Protection Agency. If an underground petroleum tank is more than 20 years old, especially if it’s not protected against corrosion, the potential for leaking increases dramatically. Newer tanks and piping can leak, too, especially if they were improperly installed.