With all the fervor surrounding the immigration debate, the
importance of a continuing supply of quality asphalt seemed to
temporarily diminish. But after talking with various members, NRCA
has found asphalt supply and pricing continue to be significant
concerns in the industry that have implications for the immediate
future, as well as the long term.
Asphalt used in the roofing industry—from built-up roof
systems to coatings—primarily is a crude oil derivative
referred to as a "bottom" product in the refining process. Asphalt
products historically have been available at low costs.
But even with current asphalt prices approaching $600 per ton,
refineries are trying to produce more gasoline, kerosene and
diesel, potentially causing a tighter supply of bottom
products.
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