Asphalt Weekly Monitor
- Major East Coast supplier reduces rack prices, effective February 1.
- Some Gulf Coast region retail rack prices decline.
- Most US wholesale prices remained steady this week – except for the Rockies.
- Rocky Mountain wholesale prices firm modestly this week.
- Many Rocky Mountain State asphalt prices ease on February reductions from suppliers.
- West Coast asphalt prices decline in California as supplier reduce prices for February.
- March WTI crude oil contracts closed the week at $40.17 per barrel – down again.
- Senate drafts $827 billion stimulus package following House Bill, as negotiations continue.
- United Steelworkers Union and refiners negotiate a contract – making strike very unlikely.
