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“If you buy our view that we’re not going to be going back below $3 (U.S) [per million British thermal units], at least on a sustained basis, for the next couple of years, that puts a lot of the North American resource back in paying economic territory. It wasn’t going to happen at $2 or $2.25,” Mr. King said. “And a lot of that gas is still going to be needed, wind and solar aside.”

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