Although bitumen typically makes up only 4 to 5 percent (by weight) of the pavement mixture, as the pavement's binder, it is also the most expensive part of the cost of the road-paving material.
During bitumen's early use in modern paving, oil refiners gave it away. However, bitumen is a highly traded commodity today. Its prices increased substantially in the early 21st Century. A U.S. government report states:
:"In 2002, asphalt sold for approximately $160 per ton. By the end of 2006, the cost had doubled to approximately $320 per ton, and then it almost doubled again in 2012 to approximately $610 per ton."
The report indicates that an "average" 1-mile (1.6-kilometer)-long, four-lane highway would include "300 tons of asphalt," which, "in 2002 would have cost around $48,000. By 2006 this would have increased to $96,000 and by 2012 to $183,000... an increase of about $135,000 for every mile of highway in just 10 years."