if it was me, i'd replace the bank 1 sensor and see what happens from there, autozone has o2 sensor tools that they'll loan you.
98.5 SVT
91 Escort GT (almost sold)
96 ATX Zetec (i brake to watch you swerve)
FS: SVT rear sway bar
WTB: Very cheap beater
CEG Dragon Run - October 13-15