In 2006, world oil consumption will exceed one. thousand barrels
per second. The news marks an. important change that will have a
far-reaching. impact on world economies, investments, and business.
profitability..
In "A Thousand Barrels a Second," Chief Energy. Economist of ARC
Financial Peter Tertzakian. delivers a provocative look at the
future of oil and. offers fresh insight into what it will take. to
rebalance our energy needs and seize new. opportunities..
Tertzakian provides a unique analysis of shifts in. energy
trends, describing how past critical junctures. -what he calls
energy break points-developed, . evolved, and shaped nations;
changed consumer. behavior; and launched or ruined businesses..
With the world already consuming 85 million. barrels of oil a day,
Tertzakian answers the top. questions that business leaders, policy
makers, . investors, and concerned citizens are asking him. as we
approach the coming break point: . . Are today's high oil and gas
prices. part of a routine business cycle, or are. there more
profound forces at play?. Have we entered a new multi-polar. world
where energy is the primary. source of geopolitical tension?. Are
hybrid vehicles our only solution. against high gasoline prices?.
Is China's growing thirst for energy. sustainable?. What sort of
global landscape will. emerge from the turmoil?. Which government
policies work and. which do not?. Will nuclear power and coal save
the. day-again?. .
Tertzakian also offers a realistic, informed look. into the
volatile future of our energy supply chains. and how our
consumption patterns may evolve, . revealing how governments,
businesses, and even. individuals can meet the coming
challengeswith. better solutions and innovations..
Serving as a sobering yet hopeful wake-up call, . this book
shows how the lessons of history will. help us find our way toward
a better, more. secure energy future.. .
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