500 Profits Run Out of Gas

There are a few events that have had profound impacts on the landscape of American business: The tech meltdown following the turn of the century is one, as is the financial crisis that struck half a decade later. Now we’re witnessing another: the collapse in the price of oil and virtually all other commodities—a convulsion that sent earnings for the Fortune 500’s energy sector into a wrenching reversal, with reverberations through every major industry.

Fortune Magazine, June 2016