The original content of Democracy Now! Headlines appears under the Creative Commons BY-NC-ND 3.0 License (United States). For more, including their other shows and media, visit www.democracynow.org. October 17, 2008 OPEC Calls for Emergency Meeting as Oil Drops Below $70 ------------------------------------------------------- Oil has dropped below $70 a barrel for the first time in fourteen months. The Organization of the Petroleum Exporting Countries, OPEC, is calling for an emergency meeting amidst predictions the price could fall to $50 before the end of the year. .