Vice President in Energy, TD Securities
Dr. Amir Azar is Vice President in Energy at TD Securities. Prior to TD Securities, Dr. Azar served as a Relationship Manager and Assistant Vice President at Sumitomo Mitsui Banking Corporation, leading the development of corporate advisory pitches for Fortune 500 clients. Dr. Azar holds a Ph.D. in engineering from the City University of New York and a Master of International Affairs from Columbia University. Prior to energy, Dr. Azar’s research was focused on application of satellite images in water resources with published papers and proceedings in IEEE International Geoscience and Remote Sensing Symposium (IGARSS) and Journal of American Water Resource Association (JAWRA).
US oil production rose 74 percent, from 5.4 million barrels per day in 2009 to 9.4 million barrels per day in 2015, with shale oil driving more than 92 percent of the growth. The rapid expansion of shale oil and gas production in the United States from 2009 to 2014 has been associated with a period of historically low interest rates and sustained high oil prices.