The Russian invasion of Ukraine continues to disrupt the global oil market. While we saw a slight drop in gas prices in recent days, they remain near record highs.
“It is a perfect storm as far as road costs,” said Craig Bryson, the senior communications manager with the Road Commission in Michigan.
Plus, while the commission currently has contracts locked in for asphalt, prices are going up. The reason? Asphalt is made with petroleum. R and R does commercial and municipal asphalt work, often building our roads. Taulbee says the company’s challenge is operating with locked-in contracts as costs increase.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Russia-Ukraine war: Russia may try to split country, Ukraine intel suggestsUkraine’s military intelligence chief says that Russia could try to break Ukraine in two.
Read more »
Russia-Ukraine live updates: Ukraine intel chief says Russia plans 'Korean scenario'Firefighters battle blaze at apartment building in Makariv, Ukraine.
Read more »
Russia-Ukraine live updates: Russian forces 'largely static' in north, UK saysUkrainian emergency responders rushed to put out a fire raging at an oil depot in Lviv, as a result of shelling in the area.
Read more »
‘Whole world’ is freaked out during Russia-Ukraine crisis: Bunker company officialLawrence Jones tours a fallout bunker amid a boon in sales on ‘Cross Country.’
Read more »
Ukraine Says New Red Cross Office In Russia Will Legitimize Moscow’s Alleged Abduction Of CiviliansThe Red Cross is reportedly planning to build an office in Rostov-on-Don, which is temporarily housing thousands of Ukrainians extracted from the warzone.
Read more »