Detailed text transcripts for TV channel - FOXNEWS - 20150412:14:26:00
>> i think you're seeing that, the service companies are the leading indicator because the effort has dropped off. you see the big service companies cutting back. we're having to make some personnel reductions around the world. you see other companies announcing that as well. so yes that's coming and we're all watching to see how long does $50 or $55 oil persist. >> which is why we saw a major deal announced this week, shell oil acquiring bg group for $70 billion in cash and stock, a monster deal by anybody's standards. were you surprised? >> not as surprised. the companies have mutually attra...