Lower Input Costs
A safe, reliable energy supply will provide Nebraska farmers, ranchers and manufacturers with a stable supply of energy -- that means less price volatility and lower input costs.
Canadian oil sands will also provide a steady supply of oil that will help stabilize the input costs of U.S. fuel production — which helps every consumer, employer and family in America.
The Importance of Energy Supply to Input Cost Stability
The figure below is a prime example of why Nebraskans need Canadian oil sands. The expenditures on fuel in the agriculture sector have been rising and have been erratic for the past 25 years. Disruptions to petroleum supplies caused by politics, weather or other unseen circumstances often lead to spikes in input costs. This in turn, negatively affects businesses - especially small businesses which rely on stable budgets to remain profitable. A steady supply of energy, such as Canadian oil sands would help to taper energy input cost volatility.
Source: Nebraska Energy Office
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