Aqueous crumb rubber composition

U.S. Pat. Nos. 5,539,029 and 5,811,477 disclose aqueous asphalt emulsion compositions containing rubber particles and polymer latex in specific ratios and methods for preparing and using the rubber-containing asphalt emulsions. The methods of preparing the emulsions are advantageous over previous methods of mixing rubber particles with asphalt at temperatures above 300° F., and typically between about 350° F. and 500° F. Such high temperature mixing is environmentally disadvantageous, especially when air pollution standards are violated. A fluid or semifluid additive composition useful for asphalt paving comprises between about 10% and about 50% crumb rubber, about 10% and about 50% petroleum hydrocarbon having at least about 50% aromatics, between about 10% and about 50% surface active clay, and water, by weight.