High asphalt prices affect roadways - WALB.com, South Georgia News, Weather, Sports

High asphalt prices affect roadways

By Delivrine Registre - bio | email

July 15, 2008

ALBANY, GA (WALB) - High oil prices don't just hit us at the pump, but on the roads we drive on as well. The soaring price of asphalt is clobbering many construction projects on our road ways. 

Asphalt is made largely from oil that can't be refined into gasoline or diesel.  And as oil prices rise so those the price of asphalt.

The City of Leesburg public works department rarely uses wet asphalt for road repair work. Instead they use cold patch work to fix pot holes, but when they do need to do major paving; the work gets contracted out.

"At least doubled in the last couple of years. It's gone up astronomically. We continuously get letters from construction companies that say due to the rising cost of production and fuel their prices are going up," says Pat Walch, City of Leesburg Public Works Director.

In the first two weeks of July, asphalt prices have jumped 40 percent in several parts of the country.


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