--- title: "Meaning & Key Takeaway of: I understand that in some industries, the…" description: "\"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 e..." image: "https://sms4smile.com/quotes/i/41a/mitt-romney-268_cost_i-understand-that-in-some-industries-the_1432776.png" --- # I understand that in some industries, the input cost of… ![“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](https://sms4smile.com/quotes/i/41a/mitt-romney-268_cost_i-understand-that-in-some-industries-the_1432776.png) [Download](https://sms4smile.com/quotes/i/41a/mitt-romney-268_cost_i-understand-that-in-some-industries-the_1432776.png) [Open image](https://sms4smile.com/quotes/i/41a/mitt-romney-268_cost_i-understand-that-in-some-industries-the_1432776.png) > “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](https://sms4smile.com/quotes/author/mitt-romney/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. 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. ★ ★ ★ ★ ★ No ratings yet [Energy](https://sms4smile.com/quotes/about/energy/) [Industry](https://sms4smile.com/quotes/about/industry/) [Locate](https://sms4smile.com/quotes/about/locate/) [United states](https://sms4smile.com/quotes/about/united-states/) ## Related quotes > [Let's take energy, for instance. I understand that in some industries, the input cost of energy is a major factor in whether an industry…](https://sms4smile.com/quotes/mitt-romney/let-s-take-energy-for-instance-i-understand-that-in-some-industries/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [I mean we will have some of the best and brightest men and women in the country. We have some of the most entrepreneurial…](https://sms4smile.com/quotes/kevin-faulconer/i-mean-we-will-have-some-of-the-best-and-brightest-men-and-women-in/) [Kevin Faulconer](https://sms4smile.com/quotes/author/kevin-faulconer/) > [When you increase the cost of energy, jobs go elsewhere.](https://sms4smile.com/quotes/heather-wilson/when-you-increase-the-cost-of-energy-jobs-go-elsewhere/) [Heather Wilson](https://sms4smile.com/quotes/author/heather-wilson/) > [For too many families in St. Louis and across the country, the high cost of energy means having to choose between keeping the heat…](https://sms4smile.com/quotes/cori-bush/for-too-many-families-in-st-louis-and-across-the-country-the-high/) [Cori Bush](https://sms4smile.com/quotes/author/cori-bush/) > [The people of the United States don't recognize it, but the oil industry has given the greatest gift to the people of the nation,…](https://sms4smile.com/quotes/anonymous/the-people-of-the-united-states-don-t-recognize-it-but-the-oil/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [The U.K. is already disadvantaged on the wholesale cost of energy, and then it puts taxes on it. Anybody who's an energy user is…](https://sms4smile.com/quotes/jim-ratcliffe/the-u-k-is-already-disadvantaged-on-the-wholesale-cost-of-energy-and/) [Jim Ratcliffe](https://sms4smile.com/quotes/author/jim-ratcliffe/) > [And Americans have always stood ready to pay the cost in energy and treasure which are needed to make those goals a reality.](https://sms4smile.com/quotes/lyndon-b-johnson/and-americans-have-always-stood-ready-to-pay-the-cost-in-energy-and/) [Lyndon B. 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And I don't…](https://sms4smile.com/quotes/colin-hanks/everyone-in-my-industry-the-movie-industry-is-looking-at-the-music/) [Colin Hanks](https://sms4smile.com/quotes/author/colin-hanks/) > [Our industry is going through quite a wave of innovation and it's being powered by a phenomenon which is referred to as the cloud.](https://sms4smile.com/quotes/steve-ballmer/our-industry-is-going-through-quite-a-wave-of-innovation-and-it-s/) [Steve Ballmer](https://sms4smile.com/quotes/author/steve-ballmer/) > [The cost of energy is directly related to the cost of hiring workers and running a business.](https://sms4smile.com/quotes/martha-roby/the-cost-of-energy-is-directly-related-to-the-cost-of-hiring-workers/) [Martha Roby](https://sms4smile.com/quotes/author/martha-roby/) > [I think the cost of energy will come down when we make this transition to renewable energy.](https://sms4smile.com/quotes/al-gore/i-think-the-cost-of-energy-will-come-down-when-we-make-this/) [Al Gore](https://sms4smile.com/quotes/author/al-gore/) ## More by Mitt Romney > [I look at what's happening around the world and I see Iran four years closer to a bomb. I see the Middle East with…](https://sms4smile.com/quotes/mitt-romney/i-look-at-what-s-happening-around-the-world-and-i-see-iran-four-years/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [I would like to have campaign spending limits.](https://sms4smile.com/quotes/mitt-romney/i-would-like-to-have-campaign-spending-limits/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [I believe in my Mormon faith, and I endeavor to live by it. My faith is the faith of my fathers - I will…](https://sms4smile.com/quotes/mitt-romney/i-believe-in-my-mormon-faith-and-i-endeavor-to-live-by-it-my-faith-is/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [America's military is second to none in the world. We're blessed with terrific soldiers, and extraordinary technology and intelligence. But the idea of a…](https://sms4smile.com/quotes/mitt-romney/america-s-military-is-second-to-none-in-the-world-we-re-blessed-with/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [And a special thank you to the citizens of Massachusetts: You are paying all the taxes, creating all the jobs, raising all the children.…](https://sms4smile.com/quotes/mitt-romney/and-a-special-thank-you-to-the-citizens-of-massachusetts-you-are/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [When I was elected governor of my state, I had a legislature 87 percent Democrat. It was not lost on me that to get…](https://sms4smile.com/quotes/mitt-romney/when-i-was-elected-governor-of-my-state-i-had-a-legislature-87/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [I saw the young man over there with eggs Benedict, with hollandaise sauce. And I was going to suggest to you that you serve…](https://sms4smile.com/quotes/mitt-romney/i-saw-the-young-man-over-there-with-eggs-benedict-with-hollandaise/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [I've been a hunter pretty much all my life.](https://sms4smile.com/quotes/mitt-romney/i-ve-been-a-hunter-pretty-much-all-my-life/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [I think Mitt Romney has demonstrated repeatedly he has a penchant for - for secrecy, doesn't seem to have any interest in actually showing…](https://sms4smile.com/quotes/mitt-romney/i-think-mitt-romney-has-demonstrated-repeatedly-he-has-a-penchant-for/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [If I were to offer advice to any president of the United States, it would be this: do whatever you can do to keep…](https://sms4smile.com/quotes/mitt-romney/if-i-were-to-offer-advice-to-any-president-of-the-united-states-it/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [I was too important to go to Vietnam.](https://sms4smile.com/quotes/mitt-romney/i-was-too-important-to-go-to-vietnam/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [America has not dictated to other nations. We have freed other nations from dictators.](https://sms4smile.com/quotes/mitt-romney/america-has-not-dictated-to-other-nations-we-have-freed-other-nations/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [The right course is for the Palestinians and the Israelis to sit down at the table together. The Palestinians need to recognize that the…](https://sms4smile.com/quotes/mitt-romney/the-right-course-is-for-the-palestinians-and-the-israelis-to-sit-down/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [If I'm President of the United States, when I'm President of the United States, we will stand with Israel.](https://sms4smile.com/quotes/mitt-romney/if-i-m-president-of-the-united-states-when-i-m-president-of-the/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [President Obama instituted the most anti-growth, anti-investment, anti-jobs measures that we have seen in our lifetime. Now he called his agenda ambitious, I call…](https://sms4smile.com/quotes/mitt-romney/president-obama-instituted-the-most-anti-growth-anti-investment-anti/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) [Explore all 781 Mitt Romney quotes ](https://sms4smile.com/quotes/author/mitt-romney/) ## More Cost quotes > [The costs of the Bush-Obama wars in Iraq and Afghanistan are now estimated to run as high as $4.4 trillion - a major victory…](https://sms4smile.com/quotes/noam-chomsky/the-costs-of-the-bush-obama-wars-in-iraq-and-afghanistan-are-now/) [Noam Chomsky](https://sms4smile.com/quotes/author/noam-chomsky/) > [I would borrow money all day long, if the cost of borrowing is less than the expected return.](https://sms4smile.com/quotes/brad-schneider/i-would-borrow-money-all-day-long-if-the-cost-of-borrowing-is-less/) [Brad Schneider](https://sms4smile.com/quotes/author/brad-schneider/) > [I do not want to live at the cost of the life even of a snake. I should let him bite me to death…](https://sms4smile.com/quotes/mahatma-gandhi/i-do-not-want-to-live-at-the-cost-of-the-life-even-of-a-snake-i/) [Mahatma Gandhi](https://sms4smile.com/quotes/author/mahatma-gandhi/) > [What a thrill. You know you've entered new territory when you realise that your outfit cost more than your film.](https://sms4smile.com/quotes/jessica-yu/what-a-thrill-you-know-you-ve-entered-new-territory-when-you-realise/) Jessica Yu > [ \[Photography is \] likewise even French impressionists. So the Sculls bought pop. It was politics, and they moved with it. And I think that… ](https://sms4smile.com/quotes/garry-winogrand/photography-is-likewise-even-french-impressionists-so-the-sculls/) [Garry Winogrand](https://sms4smile.com/quotes/author/garry-winogrand/) > [What has drug addiction done for me? It's cost me my career, my fortune and basically my sex life when I found out I…](https://sms4smile.com/quotes/robbin-crosby/what-has-drug-addiction-done-for-me-it-s-cost-me-my-career-my-fortune/) Robbin Crosby > [I agreed a long time ago, I would not live at any cost. If I am moved or forced away from what I think…](https://sms4smile.com/quotes/maya-angelou/i-agreed-a-long-time-ago-i-would-not-live-at-any-cost-if-i-am-moved/) [Maya Angelou](https://sms4smile.com/quotes/author/maya-angelou/) > [I believe that government is too large, costs too much, spends too much, and has too much regulatory power in our lives.](https://sms4smile.com/quotes/tim-walberg/i-believe-that-government-is-too-large-costs-too-much-spends-too-much/) [Tim Walberg](https://sms4smile.com/quotes/author/tim-walberg/) > [One reason for the tremendous increase in health-care costs in the U.S. is managerial neglect of the "hotel services" by the people who dominate…](https://sms4smile.com/quotes/peter-drucker/one-reason-for-the-tremendous-increase-in-health-care-costs-in-the-u/) [Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/) > [They brought on someone who cost more than our stadium.](https://sms4smile.com/quotes/brendan-rodgers/they-brought-on-someone-who-cost-more-than-our-stadium/) [Brendan Rodgers](https://sms4smile.com/quotes/author/brendan-rodgers/) > [When the government pays, health care's lack of affordability becomes a self-fulfilling prophecy. In health care, as in other things, government is the high-cost…](https://sms4smile.com/quotes/arnold-kling/when-the-government-pays-health-care-s-lack-of-affordability-becomes/) [Arnold Kling](https://sms4smile.com/quotes/author/arnold-kling/) > [“In your goals to go the extra mile, prepare to pay an extra cost. Excellence is to be exceptional, surpassing, more competent and a…](https://sms4smile.com/quotes/israelmore-ayivor/in-your-goals-to-go-the-extra-mile-prepare-to-pay-an-extra-cost/) [Israelmore Ayivor](https://sms4smile.com/quotes/author/israelmore-ayivor/) > [First impressions are often the truest, as we find (not infrequently) to our cost, when we have been wheedled out of them by plausible…](https://sms4smile.com/quotes/william-hazlitt/first-impressions-are-often-the-truest-as-we-find-not-infrequently-to/) [William Hazlitt](https://sms4smile.com/quotes/author/william-hazlitt/) > [The term 'cost shifting,' as I use it, refers to those items in a university's budget that used to be reimbursed by the federal…](https://sms4smile.com/quotes/anonymous/the-term-cost-shifting-as-i-use-it-refers-to-those-items-in-a/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Beauty's a doubtful good, a glass, a flower, Lost, faded, broken, dead within an hour; And beauty, blemish'd once, for ever's lost, In spite…](https://sms4smile.com/quotes/william-shakespeare/beauty-s-a-doubtful-good-a-glass-a-flower-lost-faded-broken-dead/) [William Shakespeare](https://sms4smile.com/quotes/author/william-shakespeare/) Browse all 3,987 Cost quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "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.", "creator": { "@type": "Person", "name": "Mitt Romney" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/mitt-romney/i-understand-that-in-some-industries-the-input-cost-of-energy-is-a/", "about": { "@type": "Thing", "name": "Cost" }, "@id": "https://sms4smile.com/quotes/mitt-romney/i-understand-that-in-some-industries-the-input-cost-of-energy-is-a/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/41a/mitt-romney-268_cost_i-understand-that-in-some-industries-the_1432776.png", "contentUrl": "https://sms4smile.com/quotes/i/41a/mitt-romney-268_cost_i-understand-that-in-some-industries-the_1432776.png", "url": "https://sms4smile.com/quotes/i/41a/mitt-romney-268_cost_i-understand-that-in-some-industries-the_1432776.png", "width": 1080, "height": 1080, "caption": "“I understand that in some industries, the input cost of energy is a major factor in whether an industry is…” — Mitt Romney", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Mitt Romney", "item": "https://sms4smile.com/quotes/author/mitt-romney/" }, { "@type": "ListItem", "position": 4, "name": "I understand that in some industries,...", "item": "https://sms4smile.com/quotes/mitt-romney/i-understand-that-in-some-industries-the-input-cost-of-energy-is-a/" } ], "@id": "https://sms4smile.com/quotes/mitt-romney/i-understand-that-in-some-industries-the-input-cost-of-energy-is-a/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```