Dear all,

I was concerned over the past few months about the strange rising oil prices. The rising oil prices doesn't only put stains on the non-oil producing economies but it also as well affect the economies of the oil producing countries in the absence of clear future plans to what is to come. The undeniable fact is that - whether we like or not - the continuous rising of oil prices endangers the world economy and put it at risk of collapse.

In a search for the real cause to this strange hike of prices, I did a small search over the web and started collecting articles and reports written about the Energy crisis issue in general.

Staring with the cause for this continuous hike in oil prices you might say "ohh yeah, the wars in Iraq and Afghanistan are the cause" but the fact that even before the 2 wars both Iraq (Iraq doesn't produce anything to mention and till today they are still on the same levels of production of the 90s) and Afghanistan (which by the way totally off the map of oil production till now and was not put on the map till after the war started) are still off the oil production map is not deniable.

So why are the prices soaring sky-high? Please I invite you to read the below articles – if you are interested in the issue – and we can discuss our points of view later.