uk approves shale gas drilling, page-3

From bpt thread.....welcome back auto !

"Hi guys - when I read the posts I was preparing myself to loan up tomorrow buy my take on the article i although a good step this is not the long term oil linked gas sale BPT talked about. Seems they couldn't negotiate on a LT gas price. I think we will see ave gas prices as part of this deal. It's a little dissaponting because a good gas sale deal would have flowed on to the shale gas potential.
Is my thinking and interoperation right. Is 2.5-3 per gigajule not dissimilar to today's eastern market gas prices?"

Good to have some constructive criticism.