Okay guys. I solved my 'jolting' problem at cruising speeds.
It seems that my K&N OEM replacement filter was indeed sucking up oils from the filter media and contaminating my MAF sensor. The cure was simple enough. Clean the MAF sensor and install a dry paper filter.
Here is a pictorial How To.
Gloves - recommended for dirty engine bays like mine
Flathead screwdriver - Optional, to help with removal of MAF plug
Zip Ties - To reseal air box if the clips are broken, such as mine
Cloth - To wipe down air box and MAF
Electrical contact cleaner: To clean MAF sensor
Difficulty: 0.5 out of 5
Time: Less than 10 minutes
Begin by unplugging the MAF connection by pushing down on the clip with your finger or a flathead screwdriver.
With the air box opened,remove the problem causing oil-based media air filter, by lifting it out of the bottom half of the air box.
Show anger at cause of problem by making a fist and then raising your middle finger, making sure it is pointed at the subject.
Remove new dry paper filter from box.
Install new dry paper filter with the mesh side facing up and replace top half of air box.
Make sure the air box is sealed tight as not to let in excess air which may also result in the continuation of the jolting symptons.
Go for a test drive and cruise at 40-60mph and make sure symptons do not return.
*Disclaimer* This is actually not a 100% serious how to. Actually more of a parody. However, this did solve my problem and the photographs are more for humour value. Please take this into consideration before commenting.