Oil prices, oil production: OPEC calls meeting to counter falling price of crude

Remember all the predictions that we’d soon see $200 a barrel oil? Ahhhh, those were the old days. Oil prices fell below $70 a barrel yesterday for the first time in 14 months. That’s less than half its record high just three months ago. OPEC members have decided to hold an emergency meeting next week in Vienna to figure out how to shore up prices. Guest: Carola Hoyos, chief energy correspondent for the Financial Times