In "The Outsiders," the death of Ponyboy's parents is a significant event that shapes his life and character. S.E. Hinton's novel tells us that Pony's parents died in a car accident, leaving him and his brothers, Sodapop and Darry, to fend for themselves. The exact details of the accident are not given, but Ponyboy describes the aftermath of the event as follows: "I could hardly remember how they looked, but I remembered how they smelled and how happy I was when they took me to the movies or to the park or when I was asleep in bed with them" (Chapter 1).
The tragic loss of his parents weighs heavily on Ponyboy throughout the novel, and he often reflects on their absence. It also contributes to the sense of isolation that he feels, especially since his older brother Darry has to act as his guardian and sometimes feels like a strict disciplinarian to Ponyboy. However, it is also the love and loyalty of his brothers and the other members of the Greaser gang that help him through this difficult time.
The theme of loss and the importance of family are central to "The Outsiders," and the death of Ponyboy's parents serves as a powerful reminder of these themes. As Ponyboy reflects, "I could picture hundreds and hundreds of boys living on the wrong sides of cities, boys with black eyes who jumped at their own shadows. Hundreds of boys who maybe watched sunsets and looked at stars and ached for something better. I could see boys going down under streetlights because they were mean and tough and hated the world, and it was too late to tell them that there was still good in it, and they wouldn't believe you if you did." (Chapter 12)
In conclusion, the death of Ponyboy's parents in "The Outsiders" is a crucial event that shapes the protagonist's life and character. The lack of parental guidance and support contributes to the sense of isolation and loss that Ponyboy feels, but it is also the love and loyalty of his brothers and friends that help him through this difficult time.