Sure, it was a very common thing I used to see when I was a mechanic. People would love their bikes to death by oiling them before every ride. A wet chain attracts a lot of dirt and grit, which effectively acts like a grinding paste. This wears everything out prematurely.

The magic chain oil hawkers of the present day exacerbate this with their recommendations. "Must be reapplied every 100 miles," is an example from one well known manufacturer. Pttthhh. Ridiculous. Better to err on the dry side.