What I mean here is that every time oil & gas prices spike, it will inspire another wave of solar + storage + electricity substitution investment somewhere. That infrastructure is functionally permanent, and each wave of deployment will drive costs further down learning curves.
If you're oil & gas, orchestrating chaotic near-term price spikes may be more profitable than accepting gradual, organized long-term electricity substitution. But it seems like it probably also brings the end-game forward.