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Racer Norbert (norbert)
Race Number 22
Date Sun, 15 Jul 2012 19:55:05 +0000
Speed 90 WPM Try to beat?
Accuracy 100.0%
Rank 1st place (out of 4)
Opponents blueted12 (3rd place)

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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.
The Limits of Power: The End of American Exceptionalism (book) by Andrew Bacevich (see stats)