Books Price Comparison (Including Amazon) - Guaranteed Lowest Prices on Books


A Thousand Barrels a Second: The Coming Oil Break Point and the Challenges Facing an Energy Dependent World

A Thousand Barrels a Second: The Coming Oil Break Point and the Challenges Facing an Energy Dependent World
Author: Peter Tertzakian
ISBN 13: 9780071492607
ISBN 10: 71492607
Edition: 1
Publisher: McGraw-Hill Education
Publication Date: 2007-05-30
Format: Paperback
Pages: 288
List Price: $27.00

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


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


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


  • 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


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 challenges with

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.

Peter Tertzakian is Chief

Energy Economist of ARC

Financial Corporation, one of

the world's leading private

equity firms focused on

energy. His background in

geophysics, economics,

and finance, combined with

his entrepreneurial spirit,

helped him rise from the trenches of hands-on oil

exploration fieldwork to become an internationally

recognized, top-ranked analyst with corporate and

institutional following in boardrooms internationally.

Tertzakian publishes ARC Energy Charts, a weekly

synopsis of world energy trends.

For more information visit


Library Journal

Economist Tertzakian (director, ARC Financial Corp.) paints a grim picture of the current state of energy in the world, providing ample historical context and raising important questions about energy use in the past, present, and future. The author refreshingly reminds us that there is still plenty of oil in the ground, but it's getting harder to access. His discussion of energy supply chains is illuminating as he makes the case that a "break point" in the system is inevitable and could cause an energy crisis. While much of what Tertzakian states is not new (e.g., the need to conserve energy resources and embrace new energy solutions), he reminds us how technology using hydrogen and other "renewable" resources might help fill the resource gap. He also points out that although the United States has long been the number one energy-using country, China may soon overtake us, with geopolitical implications; Russia may prove a more powerful energy supplier than any of the Middle Eastern countries in the future. Being an economist, Tertzakian provides a great deal of data, which may overwhelm the reader, but there is no mistaking his point that "our birthright of abundant, reliable energy is coming to an end" and that our energy options are rapidly dwindling. Highly recommended for all public libraries and business collections.-Richard Drezen, Washington Post, New York City Bureau Copyright 2006 Reed Business Information.