Inflation and commodity pricing's toll on infrastructure projects.

[Frank J. Lehnerz]

Even though many bikeway projects end up being as simple as a slurry seal plus paint and/or posts, the increase in commodities, (particularly petroleum which is used to make the binder for asphalt concrete) will add to the costs of these projects.

From the LA Times:

https://enewspaper.latimes.com/infinity/article_share.aspx?guid=0fbfb988-2fcc-4680-80d3-1b9337ca2e34

And to add insult to injury - Ecuador - one of CA's largest sources of foreign petroleum has potentially put a stop to exportations. 

The recent election in neighboring Colombia also spells potential issues as do the issues in Libya.

This is all on top of the current major geo-policial conflict going on between Ukraine and Russia. 

Things are going to continue to get interesting. 

Frank