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.”
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.
Consider energy pricing in strategic planning.
Themes
Mood
Type
When to use this quote
- business expansion
- manufacturing site selection
- policy advocacy
Key Concepts
Questions to Reflect On
- How do tax incentives compare to energy costs?
- What alternative energy sources could offset costs?
Energy cost is one of many factors; other incentives matter.