Met this morning a 70 billion merger. Royal dutch shell buying bg group. Will this finally trigger energy . Tesla upgrades the model s with a starting price of 74,900. More features a larger battery has tesla shares moving higher in the premarket. It is earning season. Alcoa set to report tonight. Apple watch review season. Were going to preview both in just a minute. First up Royal Dutch Shell striking a me da deal to buy bg group. Shell says the combination would add 25 to its proven oil and gas reserves and make it the Worlds Largest producer of liquefied national gas. Heres what shells ceo told cnbc europe about the deal this morning. This is not a bat on the oil price. This deal works in a whole range of oil and gas prices. Of course we still believe in the longer run in a few years time we will see the longterm fundamentals we assert itself. We will see Higher Oil Prices than what we see at the moment. Of course, this deal will look not just very good it will look fantastic. Jim
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