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The asphalt world is
always changing. Interstate Asphalt manages the change.
The oil markets have
been extremely volatile during the past several years which has
brought about significant change in the asphalt world. In July of
2008 crude oil traded at an all time high of $147 per barrel, and by
December traded down to $32 per barrel. Asphalt prices doubled and
tripled during the paving season affecting all market participants.
This extreme market volatility impacted supply and distribution
channels so that many asphalt consumers were forced to secure new
sources of supply and evaluate their existing supplier
relationships.
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