Dear Scott Tolliver,
Good day! Thank you for posting to the Microsoft Community. We are happy to assist you.
As per your description, it seems you are having concerns with permissions in SharePoint lists—owners cannot create personal views, and users with edit permissions cannot create views on different lists or sites.
Generally, the site owner has full control with all permissions included. We've conducted a quick test on our end and could not reproduce the issue with an owner role. However, the issue can be reproduced if a user is assigned a custom permission level that includes "Manage Personal Views - Create, change, and delete personal views of lists." without "Manage Lists - Create and delete lists, add or remove columns in a list, and add or remove public views of a list." selected.
For your reference: On-premises SharePoint Server user permissions and permission levels - SharePoint Server | Microsoft Learn
Customize permissions for a SharePoint list or library - Microsoft Support

Given that the issue can be reproduced with different sites, users and owner of the site, it is likely related to the tenant background service, which needs to be checked from the backend. As forum support, we may not have enough permissions and resources to directly check the backend environment, more resources need to be involved to assist further.
In this situation, we sincerely recommend you contact your Microsoft 365 administrator and follow the steps in this article to create a support ticket with Online Support. The support team there has higher permissions and can remotely check the situation on your side, collect logs, and help troubleshoot. This would be a more efficient way to handle this case for you.
For reference: How do I find my Microsoft 365 admin?
If my understanding above is not consistent with yours, please feel free to post back and clarify.
We apologize for the inconvenience once again. Your patience and understanding are highly appreciated. Stay safe and healthy!
Sincerely,
Rhoda | Microsoft Community Moderator