I think UK shale is a just a hype and we investors in AJL made huge errors believe in it.
But you made a good point. The Natural gas supply security problem has not changed and the issue of cost to the tax and bill payers on the Imported gas remains an issue as recently reported. You can sign 20 years contract to buy imported gas to ensure security of supply but it ain't going to be cheap even from the long term partner like Norway. . Almost unaffordable as reported recently by the breakdown in negotiation with Norway over price.
