The challenges low oil prices bring to the Waste and Recycling Industry

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Posted April 19, 2016

Low oil prices may come as a relief at the pump, but they’ve had a damaging effect on the waste and recycling industry. As oil prices continue to bounce along at their lowest levels in more than a decade, the cost of virgin materials has dropped below that of recycled materials, which is decreasing demand by manufacturers for recycled goods. Originally posted by Waste 360 March 16, 2016


 

 

 

http://waste360.com/business-operations/challenges-low-oil-prices-bring-waste-and-recycling-industry?NL=WST-001&Issue=WST-001_20160319_WST-001_513&sfvc4enews=42&cl=article_4&utm_rid=CPEQW000004462671&utm_campaign=7054&utm_medium=email&elq2=fb12c9d0b80940fb99f27b4a3a030013

 

The price of oil has been on a downward dive for a couple of years. This has been great for some businesses and not so for others. One industry hit especially hard is the recycling business.

http://www.npr.org/2016/01/14/463010138/low-oil-prices-interfere-with-what-recyclers-are-paid-for-plastic