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That s the top story this morning in money. shell buying bg group, a british firm with prized oil fields off the coast of brazil. it s a $70 billion deal. if completed, it would add 25% to shell s oil and gas reserves and 20% to production. energy prices of course have cratered from over $100 a barrel last summer to about $50 a barrel now. and that puts producers in a crunch. bigger firms use this they swoop in maybe to take over. shell just the latest to add to its expansive portfolio. and rock-bottom oil prices also mean layoffs in the oil patch. since june there have been more than 50,000 oil job cuts in the u.s. that s because of the falling price of oil. this is cnn money analysis for you, folks. layoffs in the first quarter in oil, in energy jobs in the u.s. are up almost 4,000%. in many cases, those are very decent-paying jobs too. so we keep saying there was so much action in petroleum ....
Anything that s going to get you caught. you want to make sure you don t have any red flags, but fewer audits and they re not really answering your phone calls. when we get audited, we re going to blame you. this morning, shell is buying bg with prized oil fields off the coast of brazil. this is a $70 billion deal. 7-0 billion. if completed, it would add 25% to shell s oil and gas reserves. energy prices have tumbled to about 50 bucks right now. bigger firms swoop in to take over. shell just the latest to add to its expansive fort toll yoeportfolio. since june there have been more than 50,000 oil job cuts in the u.s. because of that crash in price of oil. that s according to analysis from cnn money. layoffs are up almost 4,000% in the first quarter. wow! that s what happens. look you had $100 oil and just ....
Provide the basics like how to get tax forms and where to get online information. audits are down but so is patience. running out. patience is in short supply. big oil getting even bigger. the big story, shell is buying bg group, a british firm with prized oil fields off the coast of brazil. the biggest oil merger in something like 20 years. this is a $70 billion deal. we like to call that a super merger. if completed, it will add 25% to shell s gas reserves and 20% to production. oil prices have tumbled. that s what you call a crash in a commodity from $100 a barrel last summer to $50 a barrel now. that puts some producers in a crunch. bigger firms can swoop in to take over. shell just the latest to add to its expansive portfolio. rock-bottom prices also mean more layoffs for people who work in the oil industry. since june there have been more than 50,000 oil job cuts in the u.s. thanks to falling oil. this is a cnn money analysis. layoffs are up almost 4,000% in ....