The New Republic: The Road to Hell Is Unpaved, Due to High Oil Prices

“The New Republic reported on the soaring cost of road paving. “The mix used to resurface roads consists of gravel and sand held together with a binder called liquid asphalt, which is made from crude oil. As oil prices rise, so does the cost of asphalt, says Don Wessel of Poten & Partners, a consulting firm that publishes Asphalt Weekly Monitor. ‘Prices are the highest I’ve seen in many, many, many years,’ he says. ‘The concern is that they will go up considerably.'”