Does motor oil dripping from a vehicle harm asphalt (driveway)?

The dripping vehicle- a Jeep - drips a small amount of dirty oil on my driveway when parked on it overnight. It leaves stains that I cannot remove, no matter what product I use (tried 5-6) but my main concern is the possible corrosive effect of oil on asphalt. I understood that oil does damage asphalt but the owner of the Jeep says it doesn't - that oil is so close to asphalt, in the heirarchy of distillation, that it won't harm it. Who is correct?

Answers:

From: www.drivesdirectltd.co.uk

Yes it does. If you sealed it with our Liquid Asphalt Sealant it would create a fuel resistant coating which would add about five years to the life of your drive and create a consistant colour throughout. Available in Grey / Black, Red or a delightful green!

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