Gas prices make construction jobs more expensive
June 20, 2007

The rise in gas prices has had some consequences in the construction industry, with contractors raising prices to cover fuel for transportation and operation of moving equipment, and in a peculiar feedback loop, those rising costs of construction may be holding back refinery expansions that would, in turn, help reduce the price of fuel. Engineering News-Record says the effects are blowing holes in the construction budgets for all kinds of projects.

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last revised June 2007