On Mar 18, 11:09 am, "Lew Hodgett" wrote:

You'll be lucky if there is only one (1) price increase in April.

That's what they are saying.

After all , shingles are mostly asphalt as in oil based.

Actually, it is smaller part of the composition of a standard
laminated fiberglass shingle than one might think:

http://www.ciwmb.ca.gov/ConDemo/Shingles/

And remember, the apshaltic/coal residues used in shingle manufacture
are actually the by products of refining. And 25% of the overall cost
of goods to manufacture doesn't amount to much.

Even when they factor in the transportation costs, the .40 a gallon
raise per gallon of fuel doesn't translate in direct proportion to the
price we are seeing at the vendor.

And average truck brings in 190 or so squares of roofing. If they go
up on their prices about 20% in 4 months, that means an increase of
pricing to my supplier of a little over $1000. Owens Corning already
charges (and adjusts to fuel pricing - per load!) of $175,
to defray fuel costs from Houston/Temple. That will buy them their
entire fuel to the vendor, there and back.

Nawww... there is some monkey shines going on. That $1000 went in
part to cover the 25% cost of material in a shingle, but where did the
other 75% go with all fuel charges covered? And BTW, I also pay my
vendor to deliver and roof load as well as a fuel charge.

But again, who can stop it? I just call for prices, and then put a 15
day start clause in my short contracts to make sure I can be covered
on the costs.

Robert