Concrete set posts keep the wood wet, as the concrete sucks in the moisture in the soil around it. It them wicks up the post, causing wet/dry cycles at the level on the post where the open air can dry it somewhat. It's like bog oak can be used as lumber 20,000 years after the tree submerged, but if a branch was sticking up above the water, it's no longer around.
The best fencepost in this area is a "hedge" post, it's osage orange inthe rough, but they last a very long time when just bedded in dirt.