Cement News tagged under: Asphalt

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PCA: as oil prices fall, cost of asphalt is on the rise

18 February 2015, Published under Cement News

Despite falling oil prices, the cost of paving with asphalt continues to rise across the US. A recent analysis from the Portland Cement Association (PCA) shows that asphalt prices have reached record highs during the last six months. Oil prices declined 44 per cent in the second half of 2014, and during the same period asphalt prices increased 1.5 per cent. A decline in asphalt prices has yet to materialise given six months of data since the beginning of the oil price decline, the normal la...