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Cost Quote by Mitt Romney

“I understand that in some industries, the input cost of energy is a major factor in whether an industry is going to locate in the United States or go elsewhere.” quote by Mitt Romney
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“I understand that in some industries, the input cost of energy is a major factor in whether an industry is going to locate in the United States or go elsewhere.”

Mitt Romney

About This Quote

Source Speech: Economic Policy Remarks, Mitt Romney, 2012

Energy costs heavily influence where companies choose to locate, affecting US competitiveness.

In simple terms: High energy costs can drive firms abroad.

Key Takeaway

Consider energy pricing in strategic planning.

Themes

economics energy location policy

Mood

analytical concerned

Type

policy economic

When to use this quote

  • business expansion
  • manufacturing site selection
  • policy advocacy

Key Concepts

cost analysis industrial strategy global competition

Questions to Reflect On

  • How do tax incentives compare to energy costs?
  • What alternative energy sources could offset costs?
A Different Perspective

Energy cost is one of many factors; other incentives matter.

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