Oil drop could help economy
Oct. 17 - A 50 percent drop in crude oil prices from their all time highs is likely to keep the U.S. economy from being in much worse shape, analysts said on Friday.
While the steep drop in oil is beneficial to the consumer, OPEC may move to cut production to prevent prices from falling further.
Conway Gittens reports from New York.
SPEAKER: Fadel Gheit, oil and gas analyst, Oppenheimer
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