Wish I had your optimism. I think the days of three-digit oil are over, never to return...as least in my lifetime. I hold because I don't need the cash. The only short to mid-term jump would be due to M & A.
Awilco reminds me of Citi back before its 1-10 RS. Same trading habits except on bigger volume.
As I said, I'm just sitting with my position right now. With the loss I sustained from the huge drop, I gain nothing by selling. My goal now is to minimize that. I don't believe it will ever get back to my cost basis.
The Pope understands demographics, and sees the faithful no longer fall for the scam of a small aristocracy living like kings telling others they are sinners, while they themselves believe they are not subject to the same doctrines.