The problem isn’t necessarily that a man in Massachusetts went out and patched some holes in his street himself, at his own expense. The town prefers to use hot asphalt instead of the patching material he used. The core problem is that he happens be the sales manager for the company that sells that patching material. [More]
Kiplinger says that in the near future, if you’re driving down a rural or less-traveled road, you might find yourself driving on gravel. Road asphalt has doubled in price over the past three years and shows no signs of coming back down, so some states–Michigan, Minnesota, Indiana, Vermont, and Pennsylvania to begin with–are looking for ways to cut corners. Gravel costs $20 a ton compared to asphalt’s current $400/ton price.