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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 ....