Peter Tertzakian
Encyclopedia
Peter Tertzakian is an economist, investment strategist, author and public speaker. He is Chief Energy Economist & Managing Director at ARC Financial Corporation, an energy-focused private equity firm
. With over 25 years in the energy industry
and finance industry, Tertzakian is responsible for strategic investment research. His two books, A Thousand Barrels a Second and The End of Energy Obesity
, both examine the transformation of the global energy sector through economic, environmental and geopolitical pressures. In addition to English, translated versions of his books have been published in Chinese, Japanese and Arabic. Passionate about the history and direction of energy in society, Tertzakian delivers speeches and presentations at events around the world. Over the years he has given advice to corporate leaders, policy makers and students, which have earned him many accolades for his work. His background in geophysics
, economics
, and finance
has established him as an internationally recognized expert in energy matters.
, Alberta
, Peter Tertzakian is now a long-time resident of Calgary
, Alberta
. He lives there with his wife, Janet, and together they have two children, Alexander and André. As a pastime, Tertzakian engages in photography
, where his photographs on energy matters often punctuate his presentations.
from the University of Alberta
, and a graduate degree in Econometrics
from the University of Southampton
, U.K. He also holds an Master of Science
in Management of Technology from the MIT Sloan School of Management
. Tertzakian is an Adjunct Professor with the Haskayne School of Business at the University of Calgary
where he contributes to thought leadership in pressing energy issues. He is also an Industrial Research Fellow with the Institute for Sustainable, Energy, Environment and Economy (ISEEE) at the University of Calgary
. Tertzakian provides advice to the institute, including his knowledge and insight into the nature of energy systems. In addition, Tertzakian sits on the MIT Natural Gas Advisory Committee with the MIT Energy Initiative that focuses on energy demand, infrastructure, geopolitics, research and development.
in 1982 where he spent eight years working in field operations, seismic data processing and geophysical software development. He moved from the oil & gas to the financial sector in 1990 and has since been analyzing technology and energy-related businesses.
Tertzakian became a well-recognized, top-ranked equity analyst amongst a global institutional client base. He was prominently ranked by the Brendan Wood International survey of financial institutions. In particular, he was ranked within Canada:
• No. 1 Special Situations Analyst, Brendan Woods Survey, May 2001
• No. 1 Oil & Gas Services Analyst, Brendan Woods Survey, 2000
• No. 1 Oil & Gas Services Analyst, Greenwich Survey, 2000
• No. 2 Oil & Gas Services Analyst, Brendan Woods Survey, 1999.
Tertzakian joined ARC Financial Corporation in 2002 after 20 years in the energy and finance industry. He is a member of the Executive, Investment and Strategy committees. In addition to directing ARC Financial's economic research, he oversees the publication of the ARC Energy Charts, a weekly journal of energy trends. Tertzakian currently represents ARC on the board of Nexterra Systems Corporation. He is also a Board Chairman of the Honens International Piano Competition
.
and Forbes
. He is a regular columnist with such publications as the Calgary Herald
and the Journal of Canadian Petroleum Technology (the official publication of the Canadian Institute of Mining, Metallurgy and Petroleum
). He has been a featured guest on many high-profile radio and television shows, including an appearance on The Daily Show with Jon Stewart.
Tertzakian’s presentations examine critical energy issues of our time. Tertzakian presents a complete view on our energy situation. He addresses how mankind can bring its energy consumption
under control, as the global energy appetite grows from industrialization, mobilization and wealth creation. He explores how innovation and crisis will drive change in the energy supply, and how policy and technology will drive change in the energy demand.
His advice to corporate leaders and government officials is helping to direct policy in the energy sector. Tertzakian has appeared on a number of panels and advisory boards established by government in Canada and around the world. At ARC Financial Corporation, Tertzakian and his team have produced a series of reports for the Canadian Association of Petroleum Producers
(CAPP) on capital spending in the industry and the fiscal policy issues facing Canadian energy producers.
The asteroid
100077 Tertzakian
has been named in his honour.
, Tertzakian employs the metaphor of "energy obesity" to characterize the soaring of global energy consumption or “appetite”. Like cheap junk food, long-term availability of cheap energy has allowed industrialized countries, especially the United States and Canada, to become accustomed to a lifestyle of overconsumption: fuel efficient cars have been traded in for gas-guzzling SUVs; houses have been built increasingly larger and farther away from where people work; and lifestyles depend on central heat and air conditioning, year-round access to fresh fruits and vegetables, and cheap foreign-made consumer items. Any energy saved with technological advances in efficiency, is promptly consumed.
which he defines as "the lopsided relationship between how much raw energy is available at the primary source — for example, at an oil well — and the small fraction of energy that is actually put to useful work at the consuming end. The Asymmetry Principle
states that a unit of energy saved at the consumer level amplifies into multiple units of energy saved at the source. In effect, the Asymmetry Principle
exposes the high levels of inefficiency in society’s energy systems and highlights the tremendous leverage offered by efficiency gains and conservation in mitigating source energy consumption."
is well-suited as twenty-first century fuel as economies transition to a "low carb" energy diet. Natural gas as a fossil fuel
produces almost 25% less carbon dioxide
per unit of energy input than oil and almost 50% less than coal. Innovation in the area of hydraulic fracturing
(“fracking”) has opened huge reserve potential in the area of unconventional gas with reservoirs of various geologic types including shales, tight gas and coal beds. Geologists have not arrived at any definitive numbers based on the new capabilities, but Tertzakian considers that the United States alone has 1,000 trillion cubic feet (Tcf) of exploitable natural gas, the equivalent of 166 billion barrels of oil. Tertzakian cautions against too much faith in the role renewable energy
forms such as wind, solar and biofuels can play in the short- and mid-term owing to limitations on their scaling up to take market share away from the entrenched incumbents such as oil and coal. As the cleanest of the hydrocarbons, natural gas appears set to play a role of ever-increasing importance in the world's energy supply mix.
, offshore drilling
, efficiency gains and carbon tax
es, the vast new demands being placed on the world's resources by the ever wealthier 5.8 billion people of the developing world — in particular, China
and India
— means global demand for affordable, clean, and secure energy can't be achieved by following old paradigm approaches. Tertzakian alters the perspective by assessing energy consumption as a function of our socio-economic template and infrastructure
. This leads to refreshing new insights that reveal how some of the most promising solutions will come unexpectedly from outside of the energy sector itself. In The End of Energy Obesity, Tertzakian shows how information and communication technologies
are developing at a rate that far exceeds energy efficiency improvements in combustion engine
based propulsion. In fact, certain ICT innovations such as Cisco's telepresence
and Skype
telephony dissolve our sense of geographic distance through virtualization processes and hold great promise in making many forms of petroleum-dependent transportation redundant.
Private equity firm
A private equity firm is an investment manager that makes investments in the private equity of operating companies through a variety of loosely affiliated investment strategies including leveraged buyout, venture capital, and growth capital...
. With over 25 years in the energy industry
Energy industry
The energy industry is the totality of all of the industries involved in the production and sale of energy, including fuel extraction, manufacturing, refining and distribution...
and finance industry, Tertzakian is responsible for strategic investment research. His two books, A Thousand Barrels a Second and The End of Energy Obesity
The End of Energy Obesity
The End of Energy Obesity: Breaking Today's Energy Addiction for a Prosperous and Secure Tomorrow by Calgary-based energy economist Peter Tertzakian outlines the unsustainable nature of current global energy demand growth and identifies potential solutions, many of which come unexpectedly from...
, both examine the transformation of the global energy sector through economic, environmental and geopolitical pressures. In addition to English, translated versions of his books have been published in Chinese, Japanese and Arabic. Passionate about the history and direction of energy in society, Tertzakian delivers speeches and presentations at events around the world. Over the years he has given advice to corporate leaders, policy makers and students, which have earned him many accolades for his work. His background in geophysics
Geophysics
Geophysics is the physics of the Earth and its environment in space; also the study of the Earth using quantitative physical methods. The term geophysics sometimes refers only to the geological applications: Earth's shape; its gravitational and magnetic fields; its internal structure and...
, economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
, and finance
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...
has established him as an internationally recognized expert in energy matters.
Personal
Raised in EdmontonEdmonton
Edmonton is the capital of the Canadian province of Alberta and is the province's second-largest city. Edmonton is located on the North Saskatchewan River and is the centre of the Edmonton Capital Region, which is surrounded by the central region of the province.The city and its census...
, Alberta
Alberta
Alberta is a province of Canada. It had an estimated population of 3.7 million in 2010 making it the most populous of Canada's three prairie provinces...
, Peter Tertzakian is now a long-time resident of Calgary
Calgary
Calgary is a city in the Province of Alberta, Canada. It is located in the south of the province, in an area of foothills and prairie, approximately east of the front ranges of the Canadian Rockies...
, Alberta
Alberta
Alberta is a province of Canada. It had an estimated population of 3.7 million in 2010 making it the most populous of Canada's three prairie provinces...
. He lives there with his wife, Janet, and together they have two children, Alexander and André. As a pastime, Tertzakian engages in photography
Photography
Photography is the art, science and practice of creating durable images by recording light or other electromagnetic radiation, either electronically by means of an image sensor or chemically by means of a light-sensitive material such as photographic film...
, where his photographs on energy matters often punctuate his presentations.
Education and Qualifications
Peter Tertzakian has an undergraduate degree in GeophysicsGeophysics
Geophysics is the physics of the Earth and its environment in space; also the study of the Earth using quantitative physical methods. The term geophysics sometimes refers only to the geological applications: Earth's shape; its gravitational and magnetic fields; its internal structure and...
from the University of Alberta
University of Alberta
The University of Alberta is a public research university located in Edmonton, Alberta, Canada. Founded in 1908 by Alexander Cameron Rutherford, the first premier of Alberta and Henry Marshall Tory, its first president, it is widely recognized as one of the best universities in Canada...
, and a graduate degree in Econometrics
Econometrics
Econometrics has been defined as "the application of mathematics and statistical methods to economic data" and described as the branch of economics "that aims to give empirical content to economic relations." More precisely, it is "the quantitative analysis of actual economic phenomena based on...
from the University of Southampton
University of Southampton
The University of Southampton is a British public university located in the city of Southampton, England, a member of the Russell Group. The origins of the university can be dated back to the founding of the Hartley Institution in 1862 by Henry Robertson Hartley. In 1902, the Institution developed...
, U.K. He also holds an Master of Science
Master of Science
A Master of Science is a postgraduate academic master's degree awarded by universities in many countries. The degree is typically studied for in the sciences including the social sciences.-Brazil, Argentina and Uruguay:...
in Management of Technology from the MIT Sloan School of Management
MIT Sloan School of Management
The MIT Sloan School of Management is the business school of the Massachusetts Institute of Technology, in Cambridge, Massachusetts....
. Tertzakian is an Adjunct Professor with the Haskayne School of Business at the University of Calgary
University of Calgary
The University of Calgary is a public research university located in Calgary, Alberta, Canada. Founded in 1966 the U of C is composed of 14 faculties and more than 85 research institutes and centres.More than 25,000 undergraduate and 5,500 graduate students are currently...
where he contributes to thought leadership in pressing energy issues. He is also an Industrial Research Fellow with the Institute for Sustainable, Energy, Environment and Economy (ISEEE) at the University of Calgary
University of Calgary
The University of Calgary is a public research university located in Calgary, Alberta, Canada. Founded in 1966 the U of C is composed of 14 faculties and more than 85 research institutes and centres.More than 25,000 undergraduate and 5,500 graduate students are currently...
. Tertzakian provides advice to the institute, including his knowledge and insight into the nature of energy systems. In addition, Tertzakian sits on the MIT Natural Gas Advisory Committee with the MIT Energy Initiative that focuses on energy demand, infrastructure, geopolitics, research and development.
Career
Peter Tertzakian began his career as a geophysicist with the Chevron CorporationChevron Corporation
Chevron Corporation is an American multinational energy corporation headquartered in San Ramon, California, United States and active in more than 180 countries. It is engaged in every aspect of the oil, gas, and geothermal energy industries, including exploration and production; refining,...
in 1982 where he spent eight years working in field operations, seismic data processing and geophysical software development. He moved from the oil & gas to the financial sector in 1990 and has since been analyzing technology and energy-related businesses.
Tertzakian became a well-recognized, top-ranked equity analyst amongst a global institutional client base. He was prominently ranked by the Brendan Wood International survey of financial institutions. In particular, he was ranked within Canada:
• No. 1 Special Situations Analyst, Brendan Woods Survey, May 2001
• No. 1 Oil & Gas Services Analyst, Brendan Woods Survey, 2000
• No. 1 Oil & Gas Services Analyst, Greenwich Survey, 2000
• No. 2 Oil & Gas Services Analyst, Brendan Woods Survey, 1999.
Tertzakian joined ARC Financial Corporation in 2002 after 20 years in the energy and finance industry. He is a member of the Executive, Investment and Strategy committees. In addition to directing ARC Financial's economic research, he oversees the publication of the ARC Energy Charts, a weekly journal of energy trends. Tertzakian currently represents ARC on the board of Nexterra Systems Corporation. He is also a Board Chairman of the Honens International Piano Competition
Honens International Piano Competition
Canada's Honens International Piano Competition is a leader in discovering and launching the careers of young concert pianists. It searches for Complete Artists – 21st century musicians for 21st century audiences – and awards its Laureates the competition world's largest cash prize and most...
.
Moving the Energy Debate Forward
Constantly analyzing energy trends, Peter Tertzakian is often quoted and seen in the media. In print, Tertzakian has been featured in US News and World Report and has contributed editorials to widely read publications like The Globe and MailThe Globe and Mail
The Globe and Mail is a nationally distributed Canadian newspaper, based in Toronto and printed in six cities across the country. With a weekly readership of approximately 1 million, it is Canada's largest-circulation national newspaper and second-largest daily newspaper after the Toronto Star...
and Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
. He is a regular columnist with such publications as the Calgary Herald
Calgary Herald
The Calgary Herald is a daily newspaper published in the Canadian city of Calgary, Alberta.- History :The paper was first published on August 31, 1883 by Andrew Armour and Thomas Braden as The Calgary Herald, Mining and Ranche Advocate and General Advertiser. It started as a weekly paper with only...
and the Journal of Canadian Petroleum Technology (the official publication of the Canadian Institute of Mining, Metallurgy and Petroleum
Canadian Institute of Mining, Metallurgy and Petroleum
The Canadian Institute of Mining, Metallurgy and Petroleum is a technical society of professionals in the Canadian minerals, metals, materials and energy industries. It was founded in 1898. In 2006, the organization had 12,000 national members...
). He has been a featured guest on many high-profile radio and television shows, including an appearance on The Daily Show with Jon Stewart.
Tertzakian’s presentations examine critical energy issues of our time. Tertzakian presents a complete view on our energy situation. He addresses how mankind can bring its energy consumption
World energy resources and consumption
]World energy consumption in 2010: over 5% growthEnergy markets have combined crisis recovery and strong industry dynamism. Energy consumption in the G20 soared by more than 5% in 2010, after the slight decrease of 2009. This strong increase is the result of two converging trends...
under control, as the global energy appetite grows from industrialization, mobilization and wealth creation. He explores how innovation and crisis will drive change in the energy supply, and how policy and technology will drive change in the energy demand.
His advice to corporate leaders and government officials is helping to direct policy in the energy sector. Tertzakian has appeared on a number of panels and advisory boards established by government in Canada and around the world. At ARC Financial Corporation, Tertzakian and his team have produced a series of reports for the Canadian Association of Petroleum Producers
Canadian Association of Petroleum Producers
The Canadian Association of Petroleum Producers is the voice of the upstream Canadian oil and natural gas industry. The members of CAPP produce 90% of the petroleum production in Canada.-Background:...
(CAPP) on capital spending in the industry and the fiscal policy issues facing Canadian energy producers.
The asteroid
Asteroid
Asteroids are a class of small Solar System bodies in orbit around the Sun. They have also been called planetoids, especially the larger ones...
100077 Tertzakian
100077 Tertzakian
100077 Tertzakian is a Main-belt asteroid discovered on August 7, 1992 by A. Lowe on plates taken at Palomar.- External links :*- References :...
has been named in his honour.
Energy Break Points
Tertzakian coined the term "energy break point" to describe historical junctures when unsustainable pressures on a dominant energy regime (i.e. wood, coal) lead to its replacement. The mechanics of the entire break point process is described in detail in A Thousand Barrels a Second and is illustrated in Figure 1.1. Energy consumption behavior is regulated by an energy evolution cycle. As revealed by the First Principle of Energy Consumption every economy uses more energy as it grows. Whether wood, coal or crude oil, primary resources are exploited as the economy expands, energy consumption increases and dependencies form. As a new energy source or carrier takes root in a society, a frenzy of new products and services proliferate to take advantage of the opportunities. Eventually, the primary energy resource becomes scarce, and pressure from a variety of forces — including environmental concerns, geopolitical competition, social trends, policy decisions, and business behaviors — begins to build. Although these forces eventually rebalance within a new regime, Tertzakian feels that with global oil consumption exceeding one thousand barrels per second, a dramatic break point with far-reaching consequences is at hand. In comparison to the manageable break point period experienced during the oil shocks of the 1970s, today's predicament has the potential to be longer, more confusing and unmanageable because there are no radical technologies or simple fuel substitutions available.Energy Obesity
In The End of Energy ObesityThe End of Energy Obesity
The End of Energy Obesity: Breaking Today's Energy Addiction for a Prosperous and Secure Tomorrow by Calgary-based energy economist Peter Tertzakian outlines the unsustainable nature of current global energy demand growth and identifies potential solutions, many of which come unexpectedly from...
, Tertzakian employs the metaphor of "energy obesity" to characterize the soaring of global energy consumption or “appetite”. Like cheap junk food, long-term availability of cheap energy has allowed industrialized countries, especially the United States and Canada, to become accustomed to a lifestyle of overconsumption: fuel efficient cars have been traded in for gas-guzzling SUVs; houses have been built increasingly larger and farther away from where people work; and lifestyles depend on central heat and air conditioning, year-round access to fresh fruits and vegetables, and cheap foreign-made consumer items. Any energy saved with technological advances in efficiency, is promptly consumed.
The Asymmetry Principle
As a conceptual tool to assess the gains available through raising efficiency, Tertzakian introduces the Asymmetry PrincipleAsymmetry Principle
The Asymmetry Principle was developed by economist Peter Tertzakian, and was first presented in his book The End of Energy Obesity published in 2009. Historically, each energy crisis has brought society to a solutions crossroad: find more or use less...
which he defines as "the lopsided relationship between how much raw energy is available at the primary source — for example, at an oil well — and the small fraction of energy that is actually put to useful work at the consuming end. The Asymmetry Principle
Asymmetry Principle
The Asymmetry Principle was developed by economist Peter Tertzakian, and was first presented in his book The End of Energy Obesity published in 2009. Historically, each energy crisis has brought society to a solutions crossroad: find more or use less...
states that a unit of energy saved at the consumer level amplifies into multiple units of energy saved at the source. In effect, the Asymmetry Principle
Asymmetry Principle
The Asymmetry Principle was developed by economist Peter Tertzakian, and was first presented in his book The End of Energy Obesity published in 2009. Historically, each energy crisis has brought society to a solutions crossroad: find more or use less...
exposes the high levels of inefficiency in society’s energy systems and highlights the tremendous leverage offered by efficiency gains and conservation in mitigating source energy consumption."
Natural Gas
Tertzakian argues that natural gasNatural gas
Natural gas is a naturally occurring gas mixture consisting primarily of methane, typically with 0–20% higher hydrocarbons . It is found associated with other hydrocarbon fuel, in coal beds, as methane clathrates, and is an important fuel source and a major feedstock for fertilizers.Most natural...
is well-suited as twenty-first century fuel as economies transition to a "low carb" energy diet. Natural gas as a fossil fuel
Fossil fuel
Fossil fuels are fuels formed by natural processes such as anaerobic decomposition of buried dead organisms. The age of the organisms and their resulting fossil fuels is typically millions of years, and sometimes exceeds 650 million years...
produces almost 25% less carbon dioxide
Carbon dioxide
Carbon dioxide is a naturally occurring chemical compound composed of two oxygen atoms covalently bonded to a single carbon atom...
per unit of energy input than oil and almost 50% less than coal. Innovation in the area of hydraulic fracturing
Hydraulic fracturing
Considerable controversy surrounds the current implementation of hydraulic fracturing technology in the United States. Hydraulic fracturing, or fracking, is the process of utilizing pressurized water, or some other liquid, to fracture rock layers and release petroleum, natural gas, or other...
(“fracking”) has opened huge reserve potential in the area of unconventional gas with reservoirs of various geologic types including shales, tight gas and coal beds. Geologists have not arrived at any definitive numbers based on the new capabilities, but Tertzakian considers that the United States alone has 1,000 trillion cubic feet (Tcf) of exploitable natural gas, the equivalent of 166 billion barrels of oil. Tertzakian cautions against too much faith in the role renewable energy
Renewable energy
Renewable energy is energy which comes from natural resources such as sunlight, wind, rain, tides, and geothermal heat, which are renewable . About 16% of global final energy consumption comes from renewables, with 10% coming from traditional biomass, which is mainly used for heating, and 3.4% from...
forms such as wind, solar and biofuels can play in the short- and mid-term owing to limitations on their scaling up to take market share away from the entrenched incumbents such as oil and coal. As the cleanest of the hydrocarbons, natural gas appears set to play a role of ever-increasing importance in the world's energy supply mix.
Dissolving Distance
Despite the hope being placed in renewable energy forms, clean-tech devicesClean technology
Clean technology includes recycling, renewable energy , information technology, green transportation, electric motors, green chemistry, lighting, Greywater, and many other appliances that are now more energy efficient. It is a means to create electricity and fuels, with a smaller environmental...
, offshore drilling
Offshore drilling
Offshore drilling refers to a mechanical process where a wellbore is drilled through the seabed. It is typically carried out in order to explore for and subsequently produce hydrocarbons which lie in rock formations beneath the seabed...
, efficiency gains and carbon tax
Carbon tax
A carbon tax is an environmental tax levied on the carbon content of fuels. It is a form of carbon pricing. Carbon is present in every hydrocarbon fuel and is released as carbon dioxide when they are burnt. In contrast, non-combustion energy sources—wind, sunlight, hydropower, and nuclear—do not...
es, the vast new demands being placed on the world's resources by the ever wealthier 5.8 billion people of the developing world — in particular, China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
and India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
— means global demand for affordable, clean, and secure energy can't be achieved by following old paradigm approaches. Tertzakian alters the perspective by assessing energy consumption as a function of our socio-economic template and infrastructure
Infrastructure
Infrastructure is basic physical and organizational structures needed for the operation of a society or enterprise, or the services and facilities necessary for an economy to function...
. This leads to refreshing new insights that reveal how some of the most promising solutions will come unexpectedly from outside of the energy sector itself. In The End of Energy Obesity, Tertzakian shows how information and communication technologies
Information and communication technologies
Information and communications technology or information and communication technology, usually abbreviated as ICT, is often used as an extended synonym for information technology , but is usually a more general term that stresses the role of unified communications and the integration of...
are developing at a rate that far exceeds energy efficiency improvements in combustion engine
Internal combustion engine
The internal combustion engine is an engine in which the combustion of a fuel occurs with an oxidizer in a combustion chamber. In an internal combustion engine, the expansion of the high-temperature and high -pressure gases produced by combustion apply direct force to some component of the engine...
based propulsion. In fact, certain ICT innovations such as Cisco's telepresence
Telepresence
Telepresence refers to a set of technologies which allow a person to feel as if they were present, to give the appearance of being present, or to have an effect, via telerobotics, at a place other than their true location....
and Skype
Skype
Skype is a software application that allows users to make voice and video calls and chat over the Internet. Calls to other users within the Skype service are free, while calls to both traditional landline telephones and mobile phones can be made for a fee using a debit-based user account system...
telephony dissolve our sense of geographic distance through virtualization processes and hold great promise in making many forms of petroleum-dependent transportation redundant.
Published works
- A Thousand Barrels a Second: The Coming Oil Break Point and the Challenges Facing an Energy Dependent World (2006). ISBN 0071492607; ISBN 978-0071492607.
- The End of Energy ObesityThe End of Energy ObesityThe End of Energy Obesity: Breaking Today's Energy Addiction for a Prosperous and Secure Tomorrow by Calgary-based energy economist Peter Tertzakian outlines the unsustainable nature of current global energy demand growth and identifies potential solutions, many of which come unexpectedly from...
: Breaking Today's Energy Addiction for a Prosperous and Secure Tomorrow (2009). ISBN 0470435445; ISBN 978-0470435441.