Since the industrial revolution in the late 1700s, there have only been a handful of times when our society has meaningfully changed the way that we use, and the way that we are supplied our energy. Today, the events unfolding around us – economic, political and environmental – signal that we are once again entering a period of such radical change, or an energy 'break point'. Symbolically, today's changes are happening as the world crosses the staggering "Thousand Barrels a Second" threshold of oil consumption.
What are the dynamics of change? What's real and what's wishful thinking when it comes to satisfying our world's insatiable energy needs? How will our world's energy demands be met in the near and long-term future? What are the constraints? Where are the opportunities? And importantly, what does it all mean to producers and service companies in Canada's upstream oil and gas industry.
Chief Energy Economist at ARC Financial Corporation, and Best selling author of A Thousand Barrels a Second: The Coming Oil Breakpoint and the Challenges Facing an Energy Dependent World, Peter Tertzakian will explore these big-picture issues and focus them into implications for the upstream Canadian oil and gas industry.
Best selling author of A Thousand Barrels a Second, published by McGraw-Hill, Peter Tertzakian is the Chief Energy Economist of ARC Financial Corporation, one of the world's leading energy investment firms.
Peter's 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 expert in energy matters.
Often seen and heard through media outlets around the world, Peter's been a featured guest on many high-profile radio and television shows including The Daily Show with Jon Stewart. In print, Peter has been featured in US News and World Report and has contributed editorials to widely read publications like The Globe and Mail and Forbes.com. He also writes a weekly column, ARC Energy Charts, and is a sought after public speaker.
Peter has an undergraduate degree in Geophysics from the University of Alberta, and a graduate degree in Econometrics from the University of Southampton, U.K. He also holds a Master of Science in Management of Technology from the Sloan School of Management at MIT. He currently lives in Calgary, Alberta, one of the world's leading oil and gas centers, with his wife and two children.