Investing in Oil and Gas Production, Other Forms of Energy Production

PIMCO managing director of commodities and real assets, David Boulden. He says companies are more concerned about their cost management than CapEx spending. Investors want to be paid for the risk that they're taking in energy investments, he says. More growth in renewables is going to lead to lower prices but base load generation has been damaged by too much reliance on intermittent sources like wind or solar.