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Racer Matthew (elessardan)
Race Number 134
Date Mon, 31 Dec 2012 22:26:34 +0000
Speed 78 WPM Try to beat?
Accuracy 93.6%
Rank 2nd place (out of 4)
Opponents colbey92 (3rd place) jeapers11 (1st 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)