As a direct consequence, the price for a barrel of the black goo has reached a level last seen before the panic spike in 2008.
Immersion had been dead money for most of the last decade, excluding a sharp spike leading into the broad market top in 2007.
Especially in light of the recession-caused spike in spending in the last quarter of the Bush administration (people often forget that TARP was signed into law by President Bush in October 2008), it is more meaningful to compare annual average spending amounts across administrations rather than the dollar increase from the start to the finish.
The daily OBV (not shown) shows a positive volume spike last week so the OBV is still above its recent lows.
Back in 1988, when the last drought caused a price spike, silos held 4.8 billion bushels, or six years' worth.
Attention to the gun-control debate came as Chicago experienced a spike in homicides last year and was reignited in the wake of the school shooting in Connecticut.
The working group was first set up last year when we saw a spike in oil prices and prices at the pump for Americans.
Also technically, the unusual spike-up of the last five days has the major indexes already short-term overbought above their 21-day moving averages, the opposite of their short-term oversold condition two weeks ago.
Husky doubled its earnings last year as a result of the oil price spike.
On a shoe he made last year, a spike juts from the top of the foot like a rhinoceros horn.
That is until the last few days, when the turmoil in Egypt spread to oil-producing countries and caused a sharp spike-up in oil prices.
We went through another spike in gas prices, just like last year, and the year before that.
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Sandy caused the price of gasoline futures to climb 10 cents to 15 cents a gallon, and a similar increase could unfold at the pump, Mr. Daco said, adding that any price spike would last just days.
The Labor Department is reporting a spike in weekly jobless claims, up 28, 000 last week to a seasonally adjusted 385, 000.
Spike would frequently comment on the pages of his 400 friends, including Arthur Landon, who last week posted a picture of Harry passed out in the sand on Necker Island.
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The number of black-hat intrusions is rising: in the U.S., the Department of Homeland Security has reported a spike fifty thousand between October and March, up ten thousand from the same period last year.
In France, the contentious debate over the same-sex marriage bill has coincided with a spike in reported incidents of homophobic abuse, the gay rights group SOS Homophobie told BFM-TV last week.
So while a spike in sales so far this year is certainly a good thing the increase is compared to a period last year that saw severe losses.
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