re: Oil is up nearly 70% since the election, a record in the modern era

Meh, an older friend began to set himself up to breakeven two years ago for $24/Bbl. Last March he began buying oilfields for CASH. Not his first rodeo. For instance, Marathon's stake in a Libyan oilfield which never missed a beat, was offered to him in 2014. He declined

Point being the only people really hurt were those highly leveraged which means many oil companies.