mike (mima)

Race #1363

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Official speed 70.07 wpm (73.13 seconds elapsed during race)
Race Start October 25, 2008 12:23:38am UTC
Race Finish October 25, 2008 12:24:51am UTC
Outcome Win (1 of 5)
Points 0.00
Text #232 (Length: 427 characters)

Prior to the 1970's, because the United States had long been the world's number one producer of petroleum, American companies determined the global price of oil. In 1972, domestic oil production peaked and then began its inexorable, irreversible decline. The year before, the prerogative of setting the price of crude oil had passed into the hands of a new producer group, the Organization of the Petroleum Exporting Countries.