For a sense of the economic whiplash that America’s corporate leaders have faced since the Covid-19 pandemic began, consider how weird things got for oil and lumber. There was a day in April 2020 when Texas crude sold for less than nothing—$37 less, in futures trading. Roads had emptied, refineries had shut down, and oil tanks at a key Oklahoma trading hub were so full that no one wanted to take delivery of the stuff.
Now, oil is over $70 a barrel. This past May, the price of two-by-fours—a cut of wood used by builders—hit...
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June 26, 2021 at 07:59AM
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Top CEOs of 2021: Barron’s Latest List of Stellar Corporate Leaders - Barron's
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