john watson did not have a choice. hn: when a good chunk of your revenue disappears overnight, you have to take stock of that. we are taking actions to reduce our spending profile and finish projects under construction. pace the others to see if we can bring costs down. we keep a very strong balance sheet so we can withstand the ups and downs of the commodity market. there are some that have not been in the business as long. have not seen price excursions down that we have. i have seen five drops of 50% or more in the price of oil in my 35 years. >> it is impossible for oil companies to thrive today in $60 oil. they can withstand the pressure for longer than most of their peers. they will be hurt, but smaller guys will be killed. horizontal drilling and hydraulic fracturing has completely changed the energy outlook and perception. it is a game changer that will likely change the industry forever. erik: fracking is why america now produces 70% more oil than it did five years ago and almost as much as saudi arabia it is w

this past year guests included walter isaacson, catch us smiley, ronald kessler and john watson and pulitzer prize winner lawrence wright. coming month we will speak with medea benjamin, a former second lady lynne cheney korea those, hartman, economist and political commentator walter williams and cokie roberts of npr and abc news. this weekend peter schweitzer is our guest, author of nine books including his most recent bestseller clinton cash where he looks at the money made by bill and hillary clinton since leaving the white house. in depth is live on booktv the first sunday of agreement beginning at noon eastern time and you can take part by calling in or sending questions or comments to facebook.com/booktv or on twitter at booktv. all previous in-depth programs are available to watch on our web site go to booktv.org. and now "after words" on booktv elaine lowry brye mother of four military officers talk about what families go to during times of deployment, she discusses her book "be safe, love mom: a military mom's stories of courage, comfort, and surviving life on the homefront" with p

according to oakland police officers john watson. >> reporter: is and what we're talking about the dangersding in a residential neighborhood. >> reporter: of the dozens of boxes containing legal fireworks estimated street value of $50,000 being stored here in the basement of this home 82nd avenue and east oakland. if the"the heat source said it added this for looking at single-family residence small children in this neighborhood with apartment buildings and extremely dangerous for the residents in this area. >> reporter: said there the idea they're living so close to such a potentially explosive situation. "if it would move when off public of the dead. and something was going on here. "looking back with trucks and cars then shooting them last week" >> reporter: pd special investigations unit pendelikon sheriff's office bomb squad converged on the home targetting a pair of alleged illegal fireworks dealers who live there. "domestication regarding illegal cachet of to fireworks and two male adults arrested wolf will phillies for these tragic their crimes. >> chaterine: refers to look at the

it's the same detective from the victorian era, but now john watson is dead and holmes is old and wants> you're not going to die. >> i'm 93. >> i had a great uncle who lived to be 102. >> well then that seals my fate. what are the odds that you would know two men who would live that long? >> well i didn't actually know him. >> at 76, mckellen is one of britain's most celebrated actors. "the rap" says "it's nice to see mckellen in a role that actually demands and rewards his acting abilities" and anthony lane of "the new yorker" writing "the atmosphere that enfolds mr. holmes could not be more sedate." >> he is a fantastic actor. >> can't see enough of him, right? >> we have another movie, "train wreck," it's little different, written by amy schumer and directed by judd apatow. it's a romantic comedy that finds a woman playing the field, finding herself increasingly attracted to one man, though. >> i think we really like each other and we should start dating. >> no i'm saying -- i'm confused. am i not communicating this right? like i -- >> no i hear you. i'm just saying i disagree. do yo

watson in shanghai. good morning, ivan. >> reporter: good morning, john.he chinese stock market finally a bit of good news with 6% growth in the stock market. first good news in weeks. why should we care? first of all, china is the second largest economy in the world. since june 12th when the shanghai stock exchange at its peak it has tumbled more than 30%, wiping out more than $3 trillion in wealth. now a lot of people said before this stock market crash, this stock market was really a bubble. it didn't make sense it was the fastest growing stock market in the world at a time when the chinese economy itself was growing at a slower rate of speed than it enjoyed in the past. that growth anttracted millions of investors. housewives and taxi drivers and university students. a lot of the people did not know a lot about investing in the stock market. a lot of them borrowed money to invest. as they have seen the value of their stock plummet, it has created, according to the chinese government a mood of panic. the government has been pumping to buy up stocks. it

ibm watson is working to make healthcare smarter every day. >>> sweet 16 ohio governor john kasich is the latest republican to throw his hat into the ring for america's upcoming presidential race. let's get out to tracy potts live in washington d.c. what i find is his most prior experience on wall street. >> yeah he has a pretty heavy resume. he comes into this with a resume as well. now he's serving as governor of a key swing state. many times we end the elections saying it's all about ohio. as ohio goes so goes the nation. so kasich is coming into this as a fairly serious candidate but not necessarily one with a lot of support. we have known or suspected for a long time that he was going to jump into this race. he has been included in national polls but he's not not top ten at this point in the national polls which means he may not even make the debate stage in his own state in just a couple of weeks. there's so many candidates that only the top ten will get a chance to debate. the other six will have an earlier debate but not that big primetime debate that everyone is going to be w

this past year guests included walter isaacson, catch us smiley, ronald kessler and john watson and pulitzer prize winner lawrence wright. coming month we will speak with medea benjamin, a former second lady lynne cheney korea those, hartman, economist and political commentator walter williams and cokie roberts of npr and abc news. this weekend peter schweitzer is our guest, author of nine books including his most recent bestseller clinton cash where he looks at the money made by bill and hillary clinton since leaving the white house. in depth is live on booktv the first sunday of agreement beginning at noon eastern time and you can take part by calling in or sending questions or comments to facebook.com/booktv or on twitter at booktv. all previous in-depth programs are available to watch on our web site