CGA also released "North American Natural Gas Supply: Increasingly Unconventional". This short paper examines the facts underpinning North America's long-term, abundant supply of natural gas.

"Abundant gas supplies, falling demand, storage levels at full capacity and forecasts of above normal temperatures this winter all mean that natural gas remains the lowest cost fuel choice for many heating, industrial, and power generation applications," said Mike Cleland, President and Chief Executive Officer of the Canadian Gas Association.

Most Canadian natural gas distribution utilities have adjusted their rates downward to reflect current spot market prices. Given that the price on bills lags the spot market, natural gas consumers can expect to benefit from the current low price environment at least over the early half of the upcoming winter heating season.

"Natural gas distribution utilities are required by regulation to pass on the exact natural gas commodity cost to customers without markup. Utilities also take steps to ensure that consumer energy bills are as affordable as possible," said Cleland. "These efforts include storing gas for use in winter months, hedging the price of winter supplies, and supporting energy efficiency programs."

The Canadian Gas Association (CGA) is the voice of Canada's natural gas delivery industry. CGA members are gas distribution companies, transmission companies, related equipment manufacturers, and other service providers involved in the delivery of natural gas in Canada. Visit www.cga.ca to read these two documents.

SOURCE: Canadian Gas Association

Paula Dunlop, Director, Communications, Canadian Gas Association, (613) 748-0057 ext.
341, (613) 614-3280, pdunlop@cga.ca

To listen to the live Webcast event, please enter http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2817100 in your web browser.

For a complete listing of upcoming and archived webcasts available through CNW Group, please visit our events calendar at http://www.newswire.ca/en/webcast/index.cgi. CNW's webcast of earnings calls is consistent with Market Regulation Services Inc. (RS) objectives of providing investors with material information broadly and quickly.

The presentations which presented by President and CEO, J. Cameron Bailey, as well as his most recent article on natural gas supply and demand are included here:

- Opportunities in North American Natural Gas - http://media3.marketwire.com/docs/1005gas.pdf

- Fortress Energy Company Presentation - CEEPIC - http://media3.marketwire.com/docs/1005ceepic.pdf

- Could the Math Be Wrong? - http://media3.marketwire.com/docs/1005math.pdf

SOURCE: Fortress Energy Inc.

Fortress Energy Inc.
J. Cameron Bailey
President & CEO
(403) 398-3345
cbailey@fortressenergy.ca
www.fortressenergy.ca
CEEPIC
Gordon Aldcorn
galdcorn@ceepic.ca