Transparent and colorable elastomeric compositions are provided. The transparent elastomeric compositions can be covulcanized with rubbers such as polybutadiene, polyisoprene, styrene-butadiene rubber, styrene-isoprene-butadiene rubber, isoprene-butadiene rubber, or natural rubber and polybutene processing oil. The colorable rubber compositions have sufficient properties to function as a reinforcing member in a shoe sole or automobile tire. Preferably, both the transparent and colorable elastomeric compositions include at least one copolymer of a C₄ to C₇ isoolefin and a p-methylstyrene, silica and a high cis-polybutadiene rubber.