diff --git a/inject.js b/inject.js
index 2ceceb7..255d811 100644
--- a/inject.js
+++ b/inject.js
@@ -8,9 +8,16 @@ chrome.extension.sendMessage({}, function(response) {
         this.video = target;
         this.initializeControls();
 
-        this.speedIndicator.textContent = this.getSpeed();
+        chrome.storage.sync.get('speed', function(storage) {
+          var speed = storage.speed ? storage.speed : '1.00';
+          target.playbackRate = speed;
+          this.speedIndicator.textContent = speed;
+        }.bind(this));
+
         this.video.addEventListener('ratechange', function(event) {
-          this.speedIndicator.textContent = this.getSpeed();
+          var speed = this.getSpeed();
+          this.speedIndicator.textContent = speed;
+          chrome.storage.sync.set({'speed': speed});
         }.bind(this));
       };
 
diff --git a/manifest.json b/manifest.json
index 6c24c51..825f091 100755
--- a/manifest.json
+++ b/manifest.json
@@ -1,6 +1,6 @@
 {
   "name": "HTML5 Video Playback Speed Controller",
-  "version": "0.1.1",
+  "version": "0.1.2",
   "manifest_version": 2,
   "description": "Lean in and speed up your video learning with handy shortcuts to accelerate, slow-down, and rewind your video via your keyboard.",
   "homepage_url": "https://github.com/igrigorik/videospeed",
@@ -9,7 +9,7 @@
     "48": "icons/icon48.png",
     "128": "icons/icon128.png"
   },
-  "permissions": [ "activeTab" ],
+  "permissions": [ "activeTab", "storage" ],
   "content_scripts": [{
       "all_frames": true,
       "matches": [ "http://*/*", "https://*/*"],
@@ -17,4 +17,4 @@
       "js":  [ "inject.js" ]
     }
   ]
-}
+}
\ No newline at end of file