a lot of experience with a multi national royal dutch shell. >> royal dutch shell i don't really want you in that but i would like you in, by the way, is pioneer, which is doing big equity offering to be able to buy double points pioneer is doing great that's the one you want to own and that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightening round is sponsored by td ameritrade >> announcer: coming up, at the center of business and politics is america's potential cramer is digging into a compelling take by jamie diamond and giving his thoughts on the future of the american economy, next you going to place it? not until i'm sure. why don't you call td ameritrade for a strategy gut check? what's that? you run it by an expert, you talk about the risk and potential profit and loss. could've used that before i hired my interior decorator. voila! maybe a couple throw pillows would help. get a strategy gut check from our trade desk. ♪♪ >>> everyone who plows through jamie diamond's 67-page annual letter can have a different take away you can read it

that has taken 13 he is a dutch court earlier this year ruled that the nigerian subsidiary off royal dutch shell is liable for oil spills in nigeria's funny style niger delta was ordered to clean up the area and pay the people compensation but the teen up awful goni land could take the is and the company can still appeal the ruling if it obvious fred move on went to the niger delta to speak to those affected by they give off pollution oil and gasoline this made me angry as in the hole to me this is all good news around in nigeria as all you reach niger delta but for the people even the leeches have become their cause that begins of massive oil spills an oil pollution have destroyed would tough and drive recruits disputes have heat the poorest had used some sick crime is their own. since 10 point. 0 forms are good. as well it's actually called north 1st secret so important for those going to those homes and you can go oh. my from. he is a member of a gang that could not for ransom and attack oil pipelines so he wants to conceal his identity he blames puppet and corruption for the region's securit

that has taken 13 is a dutch court earlier this year ruled that the nigerian subsidiary off royal dutch shell is liable for oil spills in nigeria's finest while niger delta was ordered to clean up the area and pay the people compensation but the teen up awful goni land could take yes and the company can still appeal the ruling give up his freedom of all went to the niger delta to speak to those affected by they give off pollution oil and the gusts of the this major leaguers in the hall to me this is all good news i'm in nigeria as all you reach niger delta but for the people or even the leeches have become their cause deacon's of massive oil spills an oil pollution have destroyed would tough and drive recruits this feels have heat the poorest have dissed some sick crime is the only option. since one of my. partner forms are good. for the month to go north so 1st you care somebody. was going to lose from doesn't give you go oh. more from. he is a member of a gang that kidnapped for ransom and attack oil pipelines so he wants to conceal his identity he blames paul bettany corruption for the reg

. >>> time for the check on more big money moevers first up, royal dutch shell.ting forecast and sell of assets. shell raising the dividend the outlook remains uncertain because of the pandemic. stock up 1.5%. stock number two e-b e-bay. revenue jumping 40% in the first quarter because everyone was shopping online. the stock is now down 5.5% the outlook came in below estimates. finally, mgm resorts casino operator reporting a first quarter loss revenue dropping 27% primarily due to lockdowns no surprise there. some mid week closures and at a few properties mgm believes it will be operating at pre-pandemic levels in the first half of next year if not sooner. that stock up 2%. >>> up next, the fed keeping the money easing policy in place leaving your money more room to run. >>> and a programming note do not miss the cnbc small business playbook on may 4th some of the most trusted business voices with advice and opportunities for you. stick around >>> huge fan of clubhouse and tiktok and linkedin. for all of the b2b businesses, these are three places you don't need

royal dutch shell saw off it rise by more than expected, allowing the dutch energy company to pay down shell was helped by a sharp recovery and the prices of oil, natural gas, and chemicals. caterpillar reported first-quarter earnings that beat estimates. the world's biggest maker of mining and construction equipment says the rebounding economy drove demand for its signature yellow machines. . sales were flat in north america , but rose in other regions. that is your latest business flash. alix: brent nearing $70 on signs of stronger demand in key markets, despite what is happening in india. joining us for a look on the ground is doug suttles, ovintiv ceo. ovintiv is a u.s.-based wheel and gas producer. it is great --l and gas producer. it is great to have you with us. if you said six months ago brent would be at $70, i would have called you crazy. that's probably why i am not in the market. you have been selling off non-core assets to get your financial liquidity position in a good place. now you have oil at $70. what do you do with all of this extra money? doug: it's a great place to

to that end, i looked at royal dutch shell coming out recently saying they're going to cut fossil fuel production by 55% over the next decade while stepping up its buildout of electric charging stations. what does this mean for oil giants? let's start with that. >> well, first of all, happy earth day, liz. and, david, good to see you again. there's gown to be, certainly -- going to be, certainly are, business opportunitieses on the battery storage side in particular. a lot of the large, traditional oil companies are looking to reinvest in solar and wind. the president laid out a very ambitious goal today, 50% in ten years. i don't think the technology is there today to get us to that point, so there's going to need to be a lot of investment in newer technologies, lighter weight materials if that's going to occur. but i really think at the end of the day in order to insure that would occur, he's going to have to turn to congress for some bipartisan legislation. the obama regulation for the electric power sector got stalled by the supreme court. our replacement regulation got stalled in

a case that has taken 13 is a court earlier this year ruled that the nigerian subsidiary off royal dutch shell is liable for oil spills in nigeria's finest al niger delta was ordered to clean up the area and pay the people compensation but the teen up awful goni land could take yes and the company can still appeal the ruling elite of his friend move on went to the niger delta to speak to those affected by they give off pollution oil and gasoline this made me think i was in the hole to me this is a new ground in nigeria as all you reach niger delta but for the people or even the reaches have become their cause you can see of massive oil spills an oil pollution have destroyed would tough and drive recruits this feels have heat the poorest had used some sick crime is there on an ocean. since 10.2. percent from the start. of months to grow your 1st new car so important for those who can do something and you can go oh. my family. he's a member of a gang that could not for ransom and attack oil pipelines so he wants to conceal his identity he blames poor butt and corruption for the region's insecuri