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The Infrastructure Investment and Jobs Act of 2021 allocates $110 billion to build and repair roads and bridges. The Inflation Reduction Act of 2022 spends hundreds of billions on renewable energy, with the ultimate goal of eliminating fossil fuels. But how are we going to build roads without oil?
According to Federal Highway Administration data, 94% of U.S. road miles are paved with asphalt, which constitutes the bottom of the bottom of the oil barrel. We don’t refine oil merely to make asphalt. It’s a byproduct left behind in the process of making fuel. And it isn’t the only one.
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