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

When it dropped below $80 in 2014 a great many PhD Chemists were laid off from research projects as well as chemical plant construction died from lack of funds due oil and oil service companies plow profits into developing such things.

That last thing that a friend who was one of those research scientists did was make the first ever single wall carbon nanotube wire. Small high profit chemical plants for new processes also declared bankruptcy before being completed