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Follow on Google News | San Antonio Asphalt Paving, 24-7 Under Pressure - Asphalt articleHere is an article from seekingalpha.com called: 7 Ways to Profit from Asphalt and Highway Construction by Guest Author: Robert Williams, PhD, P.E.
In addition, President Obama is going to re-surface all of the U.S. deteriorating freeways and highways – using asphalt of course. You may wish to consider investing in some of the asphalt companies identified in this article. However, most asphalt involved companies are large conglomerates and certainly the asphalt producers are the major oil and gas conglomerates some of which are listed below. If you have not even thought of where the asphalt comes from, you should be aware that it is derived from crude oil refining which primarily produces your gasoline and diesel which you also use every day. In order to be ready for road surfacing, asphalt needs to be transported from the refineries to road construction companies that combine it with various rock aggregates to provide the hard surface that you drive on. This thick black substance is only liquid at temperatures above 300 degrees Fahrenheit and requires specially designed and dedicated trucks to transport the asphalt while maintaining its temperature. I have been involved with various refinery automation projects including asphalt truck loading racks, where asphalt is sold by refinery truck weigh scales (weight out minus weight in) with computer controlled and data processing for product loading authorization and custody transfer accounting / billing for each load. If we have international readers you should be aware that we are talking about bitumen, but not tarmac or coal tar. Tar is derived from coal and was the original road surfacing material when it was available from coal gas processing which has long been replaced by natural gas. These coal tar roads date back to the early 1800s when John McAdam started the road surfacing referred to as tarmac or macadam roads. Apart from the major oil companies shown in group stock charts as asphalt producers there are a large number of privately- and publicly-owned companies involved in getting the asphalt onto the roads, or car parks, or roofs. Some of these non-private companies are listed here with a brief description and their earnings estimates. According to your personalized investing criteria listed in your Trading Plan you should evaluate and exercise your due diligence as to potential investment opportunities. This is who, what, where, why and how but not the when. Link to article http://seekingalpha.com/ # # # San Antonio Asphalt Paving, 24-7 Under Pressure Provides services related to asphalt work, patch work, asphalt repair, seal coating, crack sealing, striping, pavement markings and lot maintenance. Visit our website at www.sanantonioasphaltpaving.com End
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