Peter Tertzakian
Peter Tertzakian
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...
built chains complex created deeper everywhere farther feed introduce massive oil people reaches short substitute supply system time trying
From airplanes to lawnmowers, oil is everywhere in our society. Complex supply chains have been created to feed this addiction, and it reaches farther and deeper than most people realize. Trying to introduce a new supply chain in a short time to substitute for this massive system that's been built over 150 years is unrealistic.
consuming demand difficult growing issues volatile
It's very volatile right now. On one hand, we're consuming a lot, consumption and demand are growing globally, and these geo-political issues are very difficult to tame.
consumer factor major types
There's a major differentiating factor between consumer electronics and other types of technology, and that's time.