ABOUT THE APP
This app contains Asphalt Unlimited, LLC's proprietary algorithm that pulls the daily closing prices of a variety of energy products from the NYMEX and provides an asphalt projection that mirrors the coker values of asphalt. It has been back-tested against 13 years of coker values and it produced a correlation (r-value) of 0.989069. Almost a perfect, positive correlation. This gives the projection a basis in reality of today’s cash prices.
The values produced by the app are a retail (rack) projection and are also tailored to specific geographies in the 48 contiguous United States. The prices are given in ranges and are suggestive of what is a reasonable value to include in a bid.
This method was created by Brian Lawrence. Brian has purchased over 2 million tons of asphalt over 13 years for a major highway contractor in Georgia. All annual subscribers to the app also have unlimited access to consulting with Brian and his expertise in buying, selling, bidding, and pricing liquid asphalt. See asphaltunlimitedllc.com.
This app contains Asphalt Unlimited, LLC's proprietary algorithm that pulls the daily closing prices of a variety of energy products from the NYMEX and provides an asphalt projection that mirrors the coker values of asphalt. It has been back-tested against 13 years of coker values and it produced a correlation (r-value) of 0.989069. Almost a perfect, positive correlation. This gives the projection a basis in reality of today’s cash prices.
The values produced by the app are a retail (rack) projection and are also tailored to specific geographies in the 48 contiguous United States. The prices are given in ranges and are suggestive of what is a reasonable value to include in a bid.
This method was created by Brian Lawrence. Brian has purchased over 2 million tons of asphalt over 13 years for a major highway contractor in Georgia. All annual subscribers to the app also have unlimited access to consulting with Brian and his expertise in buying, selling, bidding, and pricing liquid asphalt. See asphaltunlimitedllc.com.
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