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Ask Brazilians about the problem, though, and you will hear a very different view -- one that offers an insight into the twists that economic logic produces when a third world country confronts globalized pricing and distribution of a product that it consumes with a passion.
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Increased demand, strained infrastructure, and globalized markets could drive price volatility for natural gas in the medium- and long-term.
We live in an increasingly globalized and globalizing world.
Daily price data could also help economists examine the relationship of exchange rates and prices: In a highly globalized economy, how much do the daily shifts in exchange rates affect the prices of imported goods?
A globalized world economy also keeps prices in check.
With greater access to information, buyers, in turn, might get a better price in a more globalized market, increasing competitiveness all around.
A globalized world economy needs global power sources.
Globalized supply chains, volatile energy and material prices, increased carbon regulations and competitive marketing pressure for environmental sustainability are driving supply chain decision makers to reduce carbon emissions.
"Over the next few years, a globalized gas market will exert a moderating influence on gas prices here in the United States".
HOUSTON — The decline in crude oil prices gets all the headlines, but the first globalized natural gas glut in history is driving an even more drastic collapse in the cost of gas that cooks food, heats homes and runs factories in the United States and many other countries.
As natural gas markets become more globalized due to the rise of U.S. LNG exports and the phasing out of oil-linked pricing contracts, Henry Hub prices will become more susceptible to shocks from abroad.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com