Asphalt Weekly Monitor
- US Senate approves $8 billion for Highway Trust Fund.
- Wholesale paving asphalt prices continue declining in the Midwest and Rockies.
- Asphalt prices have been at, or above coker alternative values for weeks in most markets.
- Major East Coast suppliers reduce rack prices by an additional $50/ST in Northeast.
- Gulf Coast retail asphalt rack prices weaken in many markets.
- Texas Coast slammed by Hurricane Ike– refineries and oil rigs shut down in advance.
- WTI crude oil prices dip below $100 per barrel on Friday.
