For mental health reasons, we hardly ever watch CNBC anymore. But glancing at it this afternoon, at one point we saw three separate live graphics displaying the price of crude oil. So much screen space was taken up by live oil trackers, there wasn’t enough space left to show the chart of whatever alternative energy company they were pumping.

Was oil making a new high today? Did the U.S. unilaterally attack another country?  Did someone accidentally double-park in the Strait of Hormuz?  No.

If you feel like it’s been impossible to get away from oil and oil-related stories for too many years to count, that’s because you’re right. The CXO blog has a nice report up on a momentum-based sector investing strategy, and as they explain, the primary reason the strategy massively outperforms the S&P over the