The impact has been so profound, and wholesale prices pushed down so low, that few coal generators in Australia made a profit last year.
"Deregulation of the European and Asian markets since 1997, following the United States in 1978, has made air travel affordable to a much greater percentage of the population, thanks to a profound drop in prices — and airline yields and profits.
Although the euro may eventually have a profound effect by improving price transparency and allowing big cost savings, these benefits lie largely in the future.
She had an uncanny ability to pack so much news and good feeling into one message, discussing with profound insight the local price of hay and rage at what she deemed the violent indifference to the local price of hay, weather reports ("we woke this morning to our first white world tho it's melting fast now") and news of black bear and nearsighted moose sightings.
And that will have a paradoxical but profound impact on the price of a steak.
Officials said they still expected to have a final rule in place by May 2012.Scott Segal, a utility industry lobbyist in Washington, said that the E.P.A.'s caution signaled an understanding that the new rule would have a profound impact on the price, supply and reliability of the electricity by forcing extensive modifications to, or the shutdown of, dozens of older power plants.
A shift in the oil price, however profound, isn't likely to unpick that.
Rising house prices have profound effects on an economy that tries to get out of a recession, both because the wealth effect boosts domestic consumption and because higher house prices stimulate new construction.
In "On the Blanket," a history of hunger strikes during the Troubles, Tim Pat Coogan notes that the decision to stop force-feeding the Prices had profound consequences, because the British government was effectively signalling that "henceforth any prisoner on hunger strike would be allowed to die".
