But we do. Unless you are saying it’s possible for all humans to enjoy the lifestyle of an oil sheik?
That question is a poor example, but I'll answer it anyways:
Yes.
Take an Oil Sheikh from the 1960's, when the oil boom just got going. Compare them to an upper middle class American right now, and there won't be all that much difference in creature comforts.
Compare an oil sheikh from the 90's and onward, and you'd need to go to the top 1% of Americans to be able to compete.
However, if we avoid a social and economic collapse, and especially if we can also throw off the ball-and-chain of socialism, maybe in another 40-60 years your average middle class person in a modern nation will be living much like an oil sheikh does now. I'd expect it to take longer than that, probably another hundred years or more, but it's far from impossible.
There's finite material wealth in the universe, but the ability to access and effectively utilize that wealth is growing over time with technology and population.
Not everybody can live like the richest man in the world, because by definition there's only one richest man in the world, there's only 1000 '1000 richest men in the world,' etc. But zero-sum thinking encourages the idea that there
must be winners and losers, when in fact everyone
can come out ahead in a healthy economy.
Did the rest of the world become poorer because we bought oil from Oil Sheikhs?
Not remotely, on the contrary the purchase of cheap oil in vast quantities has been critical to the prosperity of the modern world. Just about everybody came out ahead on that exchange.
Did some people come out more ahead than other people?
Absolutely, that oil sheikh is richer than the millions of people who put gas in their cars, bough plastics made from petroleum products, etc, but he did not
gain that wealth at their expense.
Both benefited.
Can an argument be made that if it wasn't for crippling bureaucratic nonsense from the greens, America could have used its own oil reserves to fuel our economy instead, and thus America would have been even wealthier than otherwise?
That is absolutely possible, and I think the EPA should be just about abolished and most Federal Bureaucracy voided in order to see if that's true or not.
But the problem there isn't that we traded with other countries for oil, it's a political problem, not an economic one, and trading with other countries for oil was better than not having any at all due to internal political stupidity.
Resources in this universe are finite (scarcity), but as our ability to make effective use of them grows, that scarcity becomes less sharp, and everybody can come out ahead.
Can, not
will. Humans rarely live up to ideals.