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.. .