Dave I never thought about it that way but it kinda makes cents especially since there is no fuel in the combustion chamber.
Durwood, actually its not because of the fuel, the same thing will happen with a completely dry cylinder. The air molecules are heavier under pressure, the heavier molecules require more energy to get them excited to the point where they release an electron to start the ionization process. Effectively raising the resistance of the air path. If the ignition system is weak you will not get current flow, no spark.
However, Once the electron IS released it does not like to be (loose) and it combines with another oxygen molecule, forming O3 (ozone) which conducts the electricity very well. The spark energy is then dissipated through the ionized air path. Ignition

, Lots of other stuff happens as the fuel mixture ignites, resistance wise, but for this discussion we don,t care and the merc ignition does not care.