Havana, June 30 (AIN) Cuban President Fidel Castro warned Caribbean heads of state about an upcoming energy crisis and environmental problems caused by uncontrolled exploitation of natural resources and the "crazy waste" of oil-derived energy, according to the press of the Venezuelan Presidency.

"The crisis is more serious and deeper than imagined", said the Cuban President during his speech at the inaugural session of the First PetroCaribe Energy Summit of Caribbean Heads of State and Government, which held sessions Wednesday in the Venezuelan locality of Puerto La Cruz, in the state of Anzoástegui, with the attendance of 15 Caribbean nations.

Fidel Castro said that political and economic problems facing the governments of the western continent add to the situation that stems from the energy crisis. "Fuel begins to be scarce, that has been proved by irrefutable studies", said Fidel Castro.

President Castro said that the crisis is just around the corner, "it will take place during the current decade", he said. Reserves are no longer enough and the current offer can not meet the demand due to the crazy waste of oil, stemming from extreme consumption.

No Caribbean country will be able to purchase oil once its price reach 100 dollars a barrel, said Fidel Castro.

"The US administration knows this problem very well, or there would be no explanation to such a crazy and brutal war, which Washington has waged in that part of the world (meaning Iraq) with no cause at all and by deceiving the whole world and the US people. They (The US) do know more than all of us about the existence of oil reserves; they know that the largest oil wells were already found and there are few left, said Fidel Castro.

In his speech, President Castro said that it will be difficult to find a more generous man than President Hugo Chavez. "He has been accused of giving away Venezuela's oil, those are intrigues, lies, campaigns, which can not mirror his greatness, his sense of responsibility with this hemisphere" said the Cuban President.

"I have known President Chavez for 10 years, I´m aware of his sensitiveness, his generosity and his sense of duty. I wish that there were some leaders like him in the world", said the Cuban Revolution leader.

Fidel Castro said that the survival of our countries will not be possible without the unity or relationship, which is being promoted by Venezuelan President Hugo Chavez.