2010-04-02

Asphalt Needs Petroleum

Your car needs petroleum for more reasons than you might know. The gasoline it burns comes from crude oil, but did you know the asphalt that surfaces many of the roads you drive on also needs crude oil to make? The price of oil is now in the middle eighty dollar range. The price of gasoline is reaching three dollars a gallon. The rapidly developing economies of India, China, Brazil and others are beginning to compete with the US for the global oil supply. And all of the world's asphalt roads are clamoring for their share of crude oil. No surprise that the price of gas is high and rising. The surprise is that there are still a lot of people who think it will go back down, to the way it was ten years ago in 2000, when 80 dollar oil was considered impossible.

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