How Can I Work Given the Rising Asphalt Prices?

How Can I Work Given the Rising Asphalt Prices?

December 27, 2019

In recent years, the international petroleum market has become a place of increasing fluctuation. Global tensions and growing demand have created a world where petroleum is an increasingly valuable commodity. For the everyday Iowan, that fact has several influences on daily life.

One popular petroleum-based product, asphalt, has been a popular option for paving residential driveways and commercial parking lots alike for years. It’s easier and faster to install than the concrete alternative, but asphalt is also cheaper. That is rapidly changing. Fear not, however, as there are steps you can take—like investing in asphalt repair in Des Moines, IA—to help mitigate the rising costs of asphalt without sacrificing the health and beauty of your favorite paved spot.

Asphalt prices are going up

In 2004, the average price of asphalt was an agreeable $26 per ton. In 2018, that price had risen to $79 per ton. By the end of 2019, the cost of asphalt per ton is expected to reach as high as $90. Such substantial price increases for asphalt are inevitably passed along to the consumer.

You don’t have to watch your parking lot or driveway fall into ruin, however. There are steps you can take to make sure you avoid the rising price of asphalt.

Get your lot sealed

Commercial parking lot owners will find a lot to love with a sealcoated parking lot. A specialized substance can be applied to your parking lot that adds years to its life by protecting it from the harmful effects of inclement weather.

Schedule sooner rather than later

The price of asphalt is expected to keep rising into next year. So, schedule your asphalt repair in Des Moines, IA now, not later. At the very least, consider an inspection to determine if your driveway or parking lot is in need of repair or resurfacing.

Practice preventative maintenance

Small cracks or divots in your lot or driveway are typically easy and cheap to repair. That can change quickly, however, if your paved area goes untended. To mitigate the cost of rising asphalt prices, it’s an excellent idea to ensure that even minor flaws are addressed as soon as possible.

It’s especially important to take care of preventative maintenance before the worst part of the winter takes hold. Winterizing your lot by sealing cracks and potholes before the first snow can be a massive help in extending the life of your parking lot.

Your secret weapon in paving

There’s another thing you can do to combat the rising price of asphalt repair. When the time comes to engage in asphalt repair in Des Moines, IA, enlist the help of the pros at Pearce Paving.

Founded in 2000, our family owned and operated paving company understands the value of our commercial and residential clients’ dollars. That’s why we work to ensure that we’re satisfying your needs, not padding our bottom line. You deserve knowledgeable, attentive asphalt repair and resurfacing. Isn’t it time that you got it? Pearce Paving is here for you. Visit us online or give us a call today to get a free estimate.

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