"Oil is a very important component of economic growth"
About this Quote
The intent is pragmatic and broadcast-friendly: tie energy abundance to prosperity in a way that investors, executives, and viewers can immediately translate into market logic. In TV economics, “growth” is the moral good, the scoreboard, the dopamine hit. “Component” keeps it technocratic, as if the economy is a machine with interchangeable parts, not a contested system where winners and losers are chosen by regulation, geopolitics, and externalized costs.
The subtext is the era’s core bargain: we want cheap mobility, stable supply chains, and low prices, and we prefer not to look too closely at what underwrites them. It also gestures at America’s recurring anxiety about dependence and control - pipelines, OPEC decisions, war risk - while framing oil as the remedy rather than the vulnerability.
In context, a journalist saying this isn’t just describing the economy; she’s reinforcing the market narrative that energy policy should be judged by quarterly outcomes. The line works because it’s unassailable on the surface, and quietly prescriptive underneath.
Quote Details
| Topic | Business |
|---|---|
| Source | Help us find the source |
| Cite | Cite this Quote |
Citation Formats
APA Style (7th ed.)
Bartiromo, Maria. (n.d.). Oil is a very important component of economic growth. FixQuotes. https://fixquotes.com/quotes/oil-is-a-very-important-component-of-economic-114500/
Chicago Style
Bartiromo, Maria. "Oil is a very important component of economic growth." FixQuotes. Accessed February 1, 2026. https://fixquotes.com/quotes/oil-is-a-very-important-component-of-economic-114500/.
MLA Style (9th ed.)
"Oil is a very important component of economic growth." FixQuotes, https://fixquotes.com/quotes/oil-is-a-very-important-component-of-economic-114500/. Accessed 1 Feb. 2026.


