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Maroosis: Does lower oil price mean cheaper asphalt

The ongoing drop in oil has one North Bay councillor thinking the price of asphalt should also be coming down.  George Maroosis says asphalt contains a lot of oil so it makes sense that if oil is dropping so should the cost of asphalt.  City staff couldn’t answer his question so council will discuss this at a committee meeting.  The price of a barrel of oil is down more than a third from a summer high of more than $100 dollars.

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