Asphalt Shingles

Monday, 28 September, 2009

In the Early 1800s asphalt shingles were and invented. They provided more protection than the conventional wooden shingle. Homeowners really enjoyed their life expectancy and how easy they were to install. Today more homes asphalt shingles installed than any other roofing material produced throughout the world.

Although, asphalt shingles or becoming more expensive due to the oil shortage. When the oil companies produce gasoline the 10% that is left in the bottom of the barrel is asphalt. With paving companies and shingle manufacturers competing for product, it is easy to see why roofing shingles have increased 80% over the past two years.

Homeowners and roofing contractors have been the ones who have suffered. Most roofing companies have had to cut their profits in order to compensate for the higher price of asphalt shingles. There are a few companies who are recycling old shingles to help bring down the cost of asphalt.

Home Depot has really stepped up to the plate by cutting prices during the storm season. The asphalt shingles can be purchased much cheaper at Home Depot during the storm season. This has helped the homeowners and roofing companies weather the financial storm.There are shingle manufacturers that are looking for other alternatives such as polymer shingles.

There have been many companies go out of business due to the price of asphalt material. Pres. Obama will hopefully step in and give all of the roofing companies a bail out. I thought I would throw that in there to light in the conversation. Although I am making light of the situation it is no laughing matter that roofing companies continue to go under due to corporate greed.

Our roofing company plans to do everything within our power to keep providing high quality roofing and material no matter how much the price of asphalt shingles rise. As an alternative our company is looking to install metal roofs until our prices come down.

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