SECURED & ENCRYPTED

The Friday Cover

Hippopotamus
After two days of Disney Crowds it was a much needed peace and tranquility. Information technology is altering all of our lives; we cover search engines, keyboards, storage, networks, online security etc. This means the following:. This was actually my first time kayaking and i have to admit, we did pretty good! Stop the damn blame game, it is pure bullshit. In , President Nelson Mandela formally requested the repatriation of her remains.

Through the 1950s, Africans and Native Americans Were Kept In Zoos As Exhibit

Prohibition

The water and scenery were gorgeous and it was such a wonderful adventure! Saw a huge snapping turtle in the crystal clear water and had fun with the GoPro. Definitely made memories for a lifetime! Austin was a great guide! Uyen Phuong BN T Austin was an awesome, patient and helpful guide. The weather was sort of chilly in such early morning, but the water was warmer than the air, which was a good thing. I really enjoyed our company- a group of friendly tourists from England.

It was very nice that Austin let us take some breaks along the way as we were paddling against the current. Crystal clear water and the clear kayaks scored! It was so cool that you could see the bottom of the water and plenty of fishes swimming underneath. I would highly recommend this tour to small groups seeking new, fun and personal activities. The blue water was gorgeous. The kayaks are so cool and the guide was so fun! Zo Zo the dog was an added bonus!

Austin was friendly, a fabulous guide, very skilled, and he taught us quickly how to kayak. The water was beautiful and clear, and we had a wonderful time! I knew that it would be amazing, but it was beyond anything I could have imagined. Thanks for an amazing time!! He took good care of his guests. Weather was great and the scenery was beautiful!

Highly recommend this activity! I love it, Austin was grate with us and very patient with us. I will be back soon!! Hunter was a great guide and Zozo was so adorable. It was a gorgeous day, we spent plenty of time at the sandbar enjoying the water. Hunter took multiple pictures for us and helped out some of the group when they were struggling. The kayaks were perfect and so cool to use especially when we went back downstream.

Will definitely be bringing more friends back! Firstly I think I need to frame the situation. My girlfriend and I have been planing this Florida trip for months; unbeknownst to her, I was planning to give her an engagement ring. I had it all planned, I was going to do it on an adventure kayaking tour with Get up and go. But of course I waited till it was about 2weeks from our trip and I reached out with a message to see if I could coordinate with the team to make it happen.

So I put together a back up plan and decided we would go on a hot air ballon instead. Not my first plan because we are a go couple and this felt a little cheesy, but hey had to be something better than Olive Garden lol.. I reached out to Justin again, only to find there had been a cancellation and a tour was available for my day!

Whelp in perfect shape for my luck for this day, my bloodsugar starts to crash about halfway into the paddle. At this point all plans are off and this is going to happen one way or the other!

We all got a good laugh and we were able to make it back to base safe and sound. Sorry for the long winded story, but I had to share; the team really made this experience so personal, and it turned out to be such a beautiful event, one spontaneous moment to the next. Thank you Get Up and Go Kayaking! Just got back from doing this and the weather was just perfect, water was crystal clear, and enjoying the group who I went with.

Got to meet with a blogger who traveled all the way from Europe who went on the tour. Our tour guide was super friendly, laidback and very helpful. I liked the location a lot and was able to see few wildlife along the way that was a real treat!

The kayaks where crystal clear in the water and you were able to see fish as you went down the river. For someone who is a beginner at kayaking it was a lot of fun and we got to take a few breaks along the way which was very helpful. The place is so beautiful. We got to see wildlife, crystal clear water, and had a little time out of the kayak playing in that water too. Melissa Saunders Jackson T I was worried it would be cold going first thing in the morning, but it was perfect. Our guide was great and super helpful especially cause he let my 6 year old ride with him.

Would highly recommend and will definitely be coming again when we next visit the area- thank you Justin! The scenery was beautiful…challenging at times due to fallen vegetation from the hurricane. Austin was a wonderful guide! It was so nice to spend this time together, kayaking as a family, and we will definitely be back to do the bioluminescent tour!!! The river was beautiful, our tour guide was SOO nice, and the experience was overall something I will never forget.

Definitely something everyone should do when on vacation in florida!! We thoroughly enjoyed the entire experience. Austin was friendly, helpful and super relaxed. He was assisted by gorgeous Zozo, the super chill three legged dog. The crystal clear water and the scenery are absolutely beautiful.

There was a part we could get out of the kayak and wade in the warm water and take photos. We saw fish, birds, turtles and even a little alligator. The small group size is ideal. Highly recommend these tours. Would definitely do it again! Lots of fun and special. On time funny, great hands on experience and we got to see turtles.

What a phenomenal day! We had a blast saw three gators even! Austin definitely deserves a five star review, he was awesome!

Thank You Austin for a perfect day! We will for sure be back! Hope to make it back out in the future! I had an eye opening experience here! This changed my life! Such great people my whole family had such an amazing time, we will def be back next time we visit florida! Kids said it was better than mickey mouse haha!

I was so upset, I tried to contact them and the line kept ring to a voicemail. So I emailed them to see if there was anything we could do? The weather was perfect and the water was clear and warm. We saw an abundance of wildlife including a baby alligator. The kayaks and equipment looked brand new and our favourite part of the tour was swimming on the sand bar. Our guide, Austin, was kind, knowledgeable and patient. Thanks for a great day, Austin! Austin was so kind and we had a great time.

Lindsay Bunn Rogers T Thank you Get Up And Go for the perfect family outing. Austin is a friendly, kind, and helpful guy and the perfect ambassador for your company. We were on the tour with three other couples and Austin engaged everyone and by the end of the tour we were one big happy family.

Thanks for a wonderful afternoon and a great adventure! Kasey Kay Straw T My friend and I visiting from Minnesota trying to get away from single digit weather. We had Austin and he was so much fun. Easy going and comfortable. The group we were with were just as fun. Either way something I would completely recommend and hope to do again in the future! We went for the Rock Spring. The Guide was really helpful as this was first time kayaking experience. My kids and my husband and I really enjoyed the serenity of the nature and our guide was so nice.

My kids had a blast on the rope swing too! Tibor Istvan Dusnoki T Justin and Austin were both so nice and helpful! They took the time to answer questions, take pictures during the tour and to stop wherever we liked.

Karalynn Leann Langewisch T In some parts of the water you could see the fish through the kayak! Fantastic tour, Very happy people and eexcellent guiding. Perfect time of the year to go. Our guide Penny was top notch. Weather perfect not to hot. No gator sightings but we held a good size turtle. Would definitely go back!! He was a great guide and made us feel really comfortable. This was my first time kayaking, and he did a great job of setting a manageable pace with plenty of breaks for us to relax and look around.

I would definitely book again! Marie Lynn McCullouch T We had a fantastic time. Amazing opportunity to see the wildlife. Otters, fish, turtles, and several alligators. For the money…this is a great buy! Austin, our guide was friendly and fun! Thank you for the most wonderful experience Shannon Lee Norris T My friends and I had a trip booked for Florida for about 2 months out at the time so I sent the video to them and they were all on board.

I am a somewhat experienced kayaker, however my friends are not. Austin, our tour guide, was wonderful and patient with us. He took my one friend in his kayak there were three of us- two person kayaks and showed her the ins and outs of kayaking. I felt so bad because Austin had to climb into the water in his joggers to flip the boat back over but he was totally cool and calm about it and told us not to worry. The sights and the water were amazing, weather was great and we got so many laughs and great photos out of the day.

I come to Orlando every year and wanted to try something new this year. I am so glad I came across the Facebook video for get up and go. It was one of the coolest experiences. We already talking about next year trying one of the other tours like the bioluminescent one. Austin was great and extremely helpful and laid back. I would recommend this to anyone.

This is something everyone should do if they are in the area. Great tour guide that allowed space for you to feel like your on your own but will follow along your side you if you need additional help. Super relaxing and so much freaking fun. Thanks to our guide Hunter for keeping it so fun! First time kayaking and Hunter made us feel like pros! Thank you for putting this cool event together, I highly recommend this to anyone who loves nature, is adventurous and wants to try something new!

Def recommend this to everyone! Austin was relaxed and very accommodating as our guide with instruction when needed to make for a smooth trip. We enjoyed the 10am paddle and mostly had the river to ourselves. Justin worked out our reservation with prompt responses to questions emailed via the contact link. As the name of the company suggests…get up and go kayaking is a must do when in central Florida!

Thanks for a great time! Natalie Marie Grilli T Penny was lots of fun and very knowledgeable about the area and helpful with great directions and tips on how to use the kayaks. This was a perfect length of a trip in such a gorgeous location! We are so glad we went. Being from northern Michigan we have tons of lakes and rivers to kayak but this was nothing like anything we get to experience back at home.

Austin was the perfect guide: The kayaks were lightweight and easy to maneuver. The scenery was spectacular, on a great stretch of clear water.

Our tour guide Hunter was very friendly and knowledgeable. The clear water reflecting the trees is breathtaking, which makes the journey very peaceful and serene. The wild life makes it exciting not knowing what you may see or be able to pet.

It was an awesome day. The water was beautiful. We saw a lot of wild life and the rope swing at the end was fun! Our tour guide was really informative and offered plenty of opportunities to slow down and enjoy the scenery. Definitely worth the trip! We unfortunately had a very cold and windy day but Justin did not let that stop our trip, he was very helpful and very knowledgeable about the surroundings and throughout the entire paddle.

Thanks again for this trip, we will definitely be visiting again if we find ourselves in Orlando. Was so much fun and the surrounding nature and wildlife was breathtaking. I seriously recommend it too anyone who appreciates the beauty of the outdoors and enjoys some good fun!! The guide today was great at making us all have fun!!!! It was beautiful and the water was very clear.

I recommend it to anyone who loves outdoor activities. Justin was a great guide and he also took good pictures for us. It was a great experience. The air was a bit chilly, so the water was warmer than the air. Austin, our guide, and he was great. Our tour was only his second. He was very patient with us and the other couple who had some difficulties getting past some of the downed tree tops. He gave us plenty of opportunities to rest as we paddled against the current on the way out.

The trip was very scenic and serene, even with the hurricane damage that the area sustained. We would definitely do it again. Took my daughter and wife and had a wonderful time.

There was plenty to see in the river and the guide we had Hunter was excellent in showing us all the spots. We recommend it to anyone. It was exactly what I was looking for with my children. Something outside and away from the theme parks. Justin was very personable and friendly and knew a ton about the area including plant and animal life. Justin had been so accommodating even though we ended up late due to unforeseen circumstances, keeping in contact with us they had everything set up for our group to catch up to our tour guide Penny who had set of with another couple of people prior to our late arrival!

We caught up a little way down the springs. The views were amazing and the water was warm and clear which made for an awesome trip. Fun to navigate through the downed trees due to the recent unfortunate hurricane too.

All in all a great trip and a hidden gem! Both Justin Owner and Penny were incredibly helpful and made us feel welcome the whole time! Also thanks to the other two on our trip who were equally great as we know we held you up a little waiting for us!

After two days of Disney Crowds it was a much needed peace and tranquility. The scenery was great and the guide was great as well. It was a great way to end the week in Florida. If I ever get back I will definitely book again. Thanks for the fun! Had never gone kayaking before this, but it was a really sweet first time to try it. The views were amazing and the water was beautiful.

Justin was a great guide and really helped us make the most of our day trip down to Orlando. There is a lot to see on the tour, between the wildlife and nature. This tour is a must if in the area!!

Penny and Justin are very patient with newbies, knowledgable in region and animals and made the trip fun. We saw wildlife, had the opportunity to go for a dip in the crystal clear water and had more then enough photo stops. Will definitely be come back!! Highly recommend it to everyone. My friend and I had a blast enjoyed some laughs while enjoying such a great scenery and even saw some beautiful wildlife.

Justin and penny were both great guides, keep doing a great job! Our tour guide Justin was great and fun and he knew a lot about the area. The clear kayaks are so cool and unique, and the tour is beautiful. We did the Winter Park tour. The views, wildlife, weather, overall experience — it was all first class! Justin is a top bloke, delivering a top experience.

Thanks for everything Justin — a big thumbs up from your new buddies in Ireland! Had such a good time with a small group traveling down Rock Springs! I had the pleasure of partnering with Hunter who made this once in a lifetime event something that I would love to do again. Our guide was both friendly and knowledgeable and managed to get us up close to birds of prey, herons, turtles and even a couple of alligators.

The kayaks were light and easy to paddle and the surroundings were amazing. Thankyou to all at get up and go kayaking for an amazing experience…Keith Dawn Carew T The clear kayaks are awesome!! Had fun on the rope swing and the water felt refreshing.

Will defintely be doing it again soon!! We drove almost 4 hours just to experience this. Man was it worth it.

This is a experience me and my family will never forget!!! Do not forget to do the rope swing!! While paddling down the stream, we could clearly see swimming fishes and turtles below the kayak, and different kinds of waterfowls on the water.

It was so relaxing, we let quiet stream tenderly push us sliding under the shade of big oak trees. Occasionally those alligators resting on the shore may stare at us as if to blame us why we were there…No doubt, this is one of the must visit places in Orlando area.

Needless to say, Justin, the tour guide, also the owner of the program, is a very knowledgeable and friendly person. He is a real five stars tour guide. What a fantastic experience! It was absolutely gorgeous with so many fish, turtles, and abundant vegetation.

I even had fun on the rope swing a couple of times. He was very knowledgeable about the local wildlife and very friendly. He made the trip that much more enjoyable. We will definitely take future guests on this trip. We also hope to try the Bioluminescent trip next year. It was truly a unique experience. One that should not be missed. Justin and his tour guide Alex, were very professional and extremely knowledgeable.

Everything went so smoothly and the trip was so relaxing. The clear kayaks are awesome. I was glad we got to see some of the wildlife around the area. I would definitely recommend this trip to anyone heading down to Florida, It was perfect. It was such a fun and unique experience. Justin was super helpful and knowledgable. We saw couples of baby alligators and many turtles. Being an outdoor person, I was searching for things to do besides theme parks. This tour was exactly what I hope for.

I recommended this tour to everyone who plans to visit Orlando. I would definitely come back to do the Bioluminescent tour. We had a blast on the water. Justin is an excellent tour guide and we will for sure be doing another tour in the near future. Justin was our guide and he was so wonderful. We had no isseues booking and they even sent me pictures of the water conditions prior to booking so I could make sure it was what I was looking for.

Great customer servcice and the actual kayak tour was beautiful. We got to see some wildlife and Justin made sure everything went smoothly. Some of us even dud the rope swing at the end, I highly recommend…. Had a fantastic time! Thanks for everything Justin! Highly recommend him if ur looking for an adventure. Beth Hendricks Roberts T Justin is amazing and so easy to work with. The trip was incredible.

So peaceful and fun, even for those who have never kayaked before! Justin was an awesome, knowledgeable tour guide and I highly recommend the bioluminescent trip! It was such an amazing thing to see , he answered all questions and gave such a great tour.

We will definitely come back and do it again! Carolina Ortiz Camargo T I was an incredible experience, and Justin was a great guide! I highly recommend this. Sonya Schmid Geatros T He is a wonderful, personable and knowledgeable guide. I highly recommend his company to anyone contemplating a kayaking adventure. I look forward to being back in Florida and trying out his other tours! Justin was super helpful and fun! It poured while we were out but it made it an extra adventure!

The Bioluminescent tour was absolutely beautiful and much enjoyed being able to see different wildlife such as the comb jellyfish, also having fun catching them. In such a clear night with no light pollution around, being able to look up and see shooting stars and the milky way shining bright; I was able to also paddle and see a galaxy of Bioluminescent below. To my very charismatic tour guide Justin! Loved every minute can recommend!!! I recently paddled the winter park experience and it really was worth it.

The clear kayaks make it an even more unique experience than it already is. Justin was friendly, easy to get on with and was very patient with everyone. It was a lovely day out, Justin was a great guide and I would also like mention how excellent Get Up and Go are with their communication and correspondence. Daniel Ragnar Drury T We would love to do it again when we return. Being in the clear kayaks was fantastic, getting up close to the manatees plus seeing herons, jelly fish, dolphins and other wildlife was great whilst paddling around.

The fabulous part of the trip was some of the manatees actually interacted with us, they wanted to be touched, licked the bottom of the kayaks and followed us around. What an amazing adventure and lifetime opportunity! Justin was very friendly and gave us a brilliant experience. He even gave us a chance to cancel due to the water not being clear but we are definitely glad we decided to still do it!

Justin was such an awesome tour guide! Our tour guide, Justin, was not only patient with our kayaking inexperience, but also extremely kind, and accommodating! Once my sister and I got the hang of kayaking by ourselves Justin had to get us help us A LOT in the beginning , it was smooth sailing for the rest of the trip.

I would highly recommend this amazing company to anyone who is looking a great, new adventure. Thank you Justin for the great experience, you rock! They have clear kayaks and that makes a huge difference because you can see more of it though the kayak, not only when you paddle. Justin is also very nice and provided an excellent service. We drove up to Rock Springs tour in his awesome kayaks. It is just beautiful up there. Justin is extremely accommodating, patient with the beginner kayakers and knowledgeable of the wildlife and area.

Thank you again Justin! I recommend this tour your gonna have fun. Justin was awesome, very instructive on what we had to do. Nikki Harnett Deamer T Being able to see the water under and immediately around the kayak glowing added so much to the experience.

Very knowledgeable and easy going. It made for a great birthday outing! Justin is super nice and professional. My son and I had the Best time. Plus the clear kayaks are awe inspiring. We WILL be back! The serenity you feel paddling through the fresh spring water is indescribable- especially on the clear kayaks! You can see right through to the bottom of the water. Our tour guide and owner Justin was absolutely amazing.

Not only did he give us an amazing tour, he allowed us to hop out and swim, jump off the rope swing, took pictures for us in the best spots, gave us tons of information on the Springs, and showed us lots of wild life deer, turtle, baby alligators, fish, and even some beautiful trees.

Once the tour was over, Justin sent us all the amazing footage from his GoPro as well. If you are looking for a peaceful, fun, personal tour of the Springs, this is the way to go!

We can not wait to book the bioluminescent tour soon. Justin does a great job with his clear kayaks. We had so much fun. Thanks Justin for the tour. It was a blast! Definitely should put bug spray on before launch and bring it with you.

Justin was an awesome guide throughout the tour. Even though we maaaaay have sunk one of our kayaks, he was a trooper and helped us back on. Lol Would definitely re-book for future trips! For a bunch of amateurs, 3 adults and 3 kids, Justin handled our group well! Loved every minute of it. Brenda Ingram Wells T You may have seen bioluminescence at the beach before, but I promise this is different. The refuge is far from any light pollution, and the bio is so concentrated in this area that it is utter magic.

When you disturb a school of fish they dart around, leaving shooting-stars of green sparkles under the water. We watched a mating herd of about 7 manatees for about an hour from the boat ramp before the tour began. You can clearly see one another. My kids, who have kayaked in bioluminescence many times, said this was definitely the best version because of the small group and the clear kayaks. Another word about Justin specifically. I made a stupid scheduling mistake. With a larger company it would have been more difficult to fix, or I may have been out of luck entirely and my family visiting from another state would have just missed out on this experience.

He went beyond what I expected, moving his schedule around VERY last minute and was gracious about it. I have got to say that i loved the see through kayaks. The tour was very fun a peaceful. Beauty around every turn. He was a real cool guide and i would recommend a tour with him to anybody wanting a one of a kind experience!!

I want to go again already! Lol Kaitlyn Grace T Justin took us out right on schedule and was very knowledgeable about the area. He was a great instructor during the tricky parts of the trip and very patient with us.

He even stored our bags and phones in a dry bag just in case of an accidental tip over. To cap it off, the same evening he emailed me great photos from our adventure! We were trying to book it for the 16th because it was going to be my birthday adventure, but it also happened to be Easter so we booked for the following Sunday. I was extremely paranoid that we were going to get rained out, but that never happened.

It was occasionally overcast so it provided some good shade while we were paddling against the current. Justin was extremely patient and very nimble on the kayak. Justin is a really awesome guy and he was patient and kind. Beautiful wildlife, clear water, and overall a experience you really never imagined you could get in Orlando. He was very knowledgeable about the animals we saw and where to find them, plant life and just the area in general.

He was very patient with lots of picture taking and we never felt rushed. It was a wonderful adventure and incredible way to experience such a beautiful area. So much would have been missed had we not had the clear kayaks. Erin Bartolomei- Cothern T Highly recommend this tour!

Melissa Mouriz Redon T The experience exceeded my expectations. Rock Springs run was beautiful, and our trip was fantastic! Justin was so nice and helpful. I am used to kayaking solo in a much heavier kayak, so kayaking tandem in a clear one was a bit tricky at first. Justin patiently coached us along, and helped us navigate the trickier areas. I highly recommend Get Up and Go!

He is an amazing instructor-guide, extremely patient and knows every little inch of the springs. It was our first experience kayaking and he was very kind and knowledgeable guiding us. We will be scheduling another tour soon!! Justin was a tremendous help in getting us acclimated to the kayak and he did it with a great sense of humor and patience. We went on the Rock Springs tour and it was beautiful! He was very patient with us and helped explain how to navigate through the springs.

The clear kayaks are super cool and different and make for great pictures. The United States and many countries in the western world showed support for Israel. In reaction to the support of Israel, several Arab exporting nations joined by Iran imposed an embargo on the countries supporting Israel. While these nations curtailed production by five million barrels per day, other countries were able to increase production by a million barrels.

The net loss of four million barrels per day extended through March of It represented 7 percent of the free world production. Any doubt that the ability to influence and in some cases control crude oil prices had passed from the United States to OPEC was removed as a consequence of the Oil Embargo. The extreme sensitivity of prices to supply shortages, became all too apparent when prices increased percent in six short months. When adjusted for inflation world oil prices were in a period of moderate decline.

In contrast, non-OPEC production increased from 25 million barrels per day to 31 million barrels per day. Crises in Iran and Iraq In and , events in Iran and Iraq led to another round of crude oil price increases. The Iranian revolution resulted in the loss of 2.

At one point production almost halted. However, revolution's impact on prices would have been limited and of relatively short duration had it not been for subsequent events. In fact, shortly after the revolution, Iranian production was up to four million barrels per day. In September , Iran already weakened by the revolution was invaded by Iraq. By November, the combined production of both countries was only a million barrels per day.

It was down 6. As a consequence, worldwide crude oil production was 10 percent lower than in The loss of production from the combined effects of the Iranian revolution and the Iraq-Iran War caused crude oil prices to more than double. Over three decades later Iran's production is only two-thirds of the level reached under the government of Reza Pahlavi, the former Shah of Iran.

Iraq's production is now increasing, but remains a million barrels below its peak before the Iraq-Iran War. Iran Oil production - June Click on graph for larger view Iraq Oil production - June Click on graph for larger view. The rapid increase in crude prices from to would have been less was it not for United States energy policy during the post Embargo period. The obvious result of the price controls was that U.

In effect, the domestic petroleum industry was subsidizing the U. Did the policy achieve its goal? In the short-term, the recession induced by the crude oil price spike was somewhat less severe because U. However, it had other effects as well. In the absence of price controls, U. Higher petroleum prices faced by consumers would have resulted in lower rates of consumption: Fuel substitution away from petroleum to natural gas for electric power generation would have occurred earlier.

Consequently, the United States would have been less dependent on imports in and the price increase in response to Iranian and Iraqi supply interruptions would have been significantly less.

OPEC has seldom been effective at controlling prices. Often described as a cartel, OPEC does not fully satisfy the definition. One of the primary requirements of a cartel is a mechanism to enforce member quotas. An elderly Texas oil man posed a rhetorical question: The Texas Railroad Commission could control prices because the state could enforce cutbacks on producers.

The only enforcement mechanism that ever existed in OPEC is Saudi spare capacity and that power resides with a single member not the organization as a whole. During the period of rapidly increasing prices, Saudi Arabia's oil minister Ahmed Yamani repeatedly warned other members of OPEC that high prices would lead to a reduction in demand. His warnings fell on deaf ears. Surging prices caused several reactions among consumers: These factors along with a global recession caused a reduction in demand which led to lower crude prices.

Unfortunately for OPEC only the global recession was temporary. Nobody rushed to remove insulation from their homes or to replace energy efficient equipment and factories -- much of the reaction to the oil price increase of the end of the decade was permanent and would never respond to lower prices with increased consumption of oil. Higher prices in the late s also resulted in increased exploration and production outside of OPEC.

From to non-OPEC production increased 6 million barrels per day. Despite lower oil prices during that period new discoveries made in the s continued to come online. OPEC was faced with lower demand and higher supply from outside the organization. From to , OPEC attempted to set production quotas low enough to stabilize prices.

These attempts resulted in repeated failure, as various members of OPEC produced beyond their quotas. During most of this period Saudi Arabia acted as the swing producer cutting its production in an attempt to stem the free fall in prices. In August , the Saudis tired of this role. They linked their oil price to the spot market for crude and by early increased production from two million barrels per day to five million.

Despite the fall in prices Saudi revenue remained about the same with higher volumes compensating for lower prices. The price of crude oil spiked in with the lower production, uncertainty associated with the Iraqi invasion of Kuwait and the ensuing Gulf War.

The proximity to the world's largest oil producer helped to shape the reaction. Russian Crude Oil Production Click on graph for larger view. OPEC continued to have mixed success in controlling prices. There were mistakes in timing of quota changes as well as the usual problems in maintaining production discipline among member countries. The price increases came to a rapid end in and when the impact of the economic crisis in Asia was either ignored or underestimated by OPEC.

The rapid growth in Asian economies came to a halt. In , Asian Pacific oil consumption declined for the first time since The combination of lower consumption and higher OPEC production sent prices into a downward spiral. In response, OPEC cut quotas by 1. The price continued down through December Prices began to recover in early As usual not all of the quotas were observed, but between early and the middle of OPEC production dropped by about three million barrels per day. With minimal Y2K problems and growing U.

Prices finally started down following another quota increase of , effective November 1, Russian production increases dominated non-OPEC production growth from to and was responsible for most of the non-OPEC increase since the turn of the century. Once again it appeared that OPEC overshot the mark.

In response OPEC once again entered into a series of reductions in member quotas cutting 3. In the absence of the September 11, terrorist attacks, this would have been sufficient to moderate or even reverse the downward trend.

In the wake of the attack, crude oil prices plummeted. Spot prices for the U. Under normal circumstances a drop in price of this magnitude would have resulted in another round of quota reductions. It then reduced its quota by 1. By midyear the non-OPEC members were restoring their production cuts but prices continued to rise as U.

Delete history, cache, and cookies