It's more that they'll just abandon the assets with the absolute minimum required by regulations to make them safe, if that.

I think of them as linear steel mines. Where it's convenient, we'll dig them up and shove them into electric steel minimills. ;)

https://cleantechnica.com/2023/03/20/us-pipelines-contain-4-years-of-us-steel-demand-will-be-scrapped-for-it/