[thackney]

Isn’t this like lamenting the loss of jobs in the candle making industry when the light bulb gained market share?

You believe the oil market is out dated? What did you fuel your car with the last time? Have you bought an all electric vehicle?

[MrB]

Not a matter of being outdated.
It’s a matter of supply and demand as indicated by price signals.

There’s less demand for oil industry workers at this time, AS INDICATED BY PRICES.

I’m a Sowell man - his econ books explain exactly what happens. It’s no mystery.