By Daniel Politi
Posted Friday, Oct. 17, 2008, at 6:26 AM ET
The Los Angeles Times and New York Times lead with, while theWall Street Journal fronts, the continuing downward spiral of oil prices, which dropped below $70 a barrel for the first time in 14 months. Some predict oil could fall to as low as $50 a barrel before the end of the year, although that seems unlikely, considering that OPEC has called for an emergency meeting next week.
If they bring new-found Oil on to the market now, like Lindsay Williams has revealed might happen, we most likely will see a full collapse of the Dollar, breaking down OPEC in it's fall.
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