[emblem21]

Consuming oil means you are engaging in economic activity. If oil is cheap, then the profits from that economic activity should be higher across the aggregate of labor.

If oil is cheap and it is not being consumed, then the profits to be had through its consumption are not high enough. If the oil is cheap and it is being consumed, then the profits to be had through its consumption are too low.

If the profits of oil consumption are not high enough, then what we are actually describing is a labor shortage because the human cost of living has deterred additional oil consumption. Thus, labor that does not have to shoulder such costs of living (robotic) CAN consume oil and achieve profits to sustain its own consumption.

So if oil is cheap and no one is buying it, it is because we have a labor shortage for that particular oil price point.