03/22/2026
How are you navigating the volatility of oil prices this season?
Just in March alone oil prices have ranged from $88-119/ barrel. There is seemingly no end in sight to this volatility based on the current geopolitical tensions in the Middle East. This leads to the question of how everyone is planning to navigate the costs when it comes to vendors, customers and everything else in between.
Heres a few points we have come up with to start the conversation!!
Pricing Model Adjustments: Are dynamic pricing clauses, material escalation clauses, or shorter bid validity periods becoming more prevalent?
Supply Chain Management: What strategies are proving effective in mitigating material cost risks? Are any members exploring hedging options for fuel or asphalt , or are you focusing more on strengthening long-term supplier agreements?
Operational Efficiency Enhancements: Beyond standard practices, how are you planning to reduce fuel consumption, optimize logistics, or enhance productivity to help offset costs.
Client Communication and Education: How are you effectively communicating these market realities to clients to manage expectations and reinforce the value proposition of quality asphalt maintenance?
2026 is definitely going to be another challenging year but as a collective I think we can all come up with effective and innovative ways to navigate through the rocky times and make it a huge success for us all .
We are looking foreward to hearing everyone's thoughts and ideas!!!