View Pit Stop page for race #352 by peterfromtaiwan — Ghost race
View profile for peter (peterfromtaiwan)
Official speed | 47.89 wpm (107.00 seconds elapsed during race) |
---|---|
Race Start | July 30, 2010 6:45:02pm UTC |
Race Finish | July 30, 2010 6:46:49pm UTC |
Outcome | No win (2 of 4) |
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. |