Is the mere depletion of the natural resources playing a key role in the price rise? To certain extend I could agree, but there is certain backstage character which influence the price rise more. In this article I would like to point out some unique features which have affected the prices rise in the whole country. What I feel that prices are not rising because there is need but demand is being created for them, and to some extend there is abnormal ups and downs in market, so business class is uncertain about these trends that how are they going to behave in coming days. Since Rome was not built in one day, hence oil prices have risen after a number of sequence of events. If we take examples from history, then we can easily conclude that prices normally increases after the war and this time it is none other than US war against Iraq. But this time what have surprised me that USA economy still growing at a good pace after the war.

In US, many traders are making huge amounts of money by betting on the direction of prices. As a result they are causing forced rise in prices. Not only this there is lot of political instability which is causing more market fluctuation for example despite oil output being at a six-year high, Iraq is still beset by violence while militant groups in Nigeria’s main oil-producing region have recently impeded about a quarter of its output. In India, we have instability at the center so inflation is at its peak. The political instability has made very difficult to control the price rise. What I feel, that this is time to look beyond, and looking beyond means that rise for the cause not to rise to make a cause.