Do the Oilers not have an AHL affiliate? Why in the world do they continue to play 18 year old kids in the NHL? I'm willing to bet half those blue chip prospects never see their potential or it isn't realized on the Oilers. The one big thing they are missing with all these high draft picks is the fact that they need to be developed.
I know you're kidding, but the answer to the bolded question is:
Yes, they have one -- they actually OWN the Oklahoma City Barons franchise (though it is managed in most part by a local team, as I understand it). So they have full control, theory, over management of the ice time, system, etc, of their own AHL team.
Recently, the Oilers also outright PURCHASED the ECHL Bakersfield franchise as well, leading some to wonder whether they're hoping to effectively swap the franchises for either 2015-16 or 2016-17, putting their AHL team in Bakersfield to go with theorized teams in Stockton and Ontario, etc, and putting the ECHL franchise into Oklahoma City to partner with Wichita, Tulsa, Missouri, and Allen.
The Kings moving the Monarchs to Ontario or San Diego would be part of this theory, of course...