Sentences with phrase «when oil prices spiked»
In fact, locking in oil contracts at a lower price helped save Southwestern Airlines millions of dollars when oil prices spiked and hurt all other major airlines.
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To those of us far from Wall Street it seems the sort of action that would put GM in the same position it was in 12 years ago, when an economic downturn or a change in automotive tastes due to something like a spike in oil prices could lead to serious cash shortage.
The practice of imposing fuel surcharges blossomed around 2004 when world oil prices spiked.
The practice of imposing fuel surcharges blossomed around 2004 when world oil prices spiked.
When lawmakers get into partisan tangles over legislation and a bill dies a slow procedural death, as happened with a climate bill in the Senate this week, the result is ugly and incremental, and doesn't compete well with news of spiking oil prices.
Over-hyped reserves of oil - bearing shale and OPEC's deliberate overproduction (to starve U.S. frackers) temporarily wiped the 2008 oil price spike from Americans» memory, and they'll be caught off guard when it returns.