Bungi (gogobungi)

Race #663

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Official speed 57.23 wpm (89.53 seconds elapsed during race)
Race Start October 20, 2008 10:15:36pm UTC
Race Finish October 20, 2008 10:17:05pm UTC
Outcome No win (2 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.