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UNITED
STATES NATURAL GAS FUND, LP
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(Exact
name of registrant as specified in its charter)
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Delaware
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001-33096
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20-5576760
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(State
or other jurisdiction
of
incorporation)
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(Commission
File Number)
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(I.R.S.
Employer
Identification
No.)
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1320
Harbor Bay Parkway, Suite 145
Alameda,
California 94502
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(Address
of principal executive offices)
(Zip
Code)
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Registrant's
telephone number, including area code
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(510)
522-3336
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Not
Applicable
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(Former
name or former address, if changed since last report)
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UNITED
STATES NATURAL GAS FUND, LP
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Date:
July 20, 2007
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By:
Victoria Bay Asset Management, LLC, its general partner
By:
/s/Nicholas D. Gerber
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Name: Nicholas
D. Gerber
Title: Chief
Executive Officer
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United
States Natural Gas Fund, LP
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||||
Monthly
Account Statement
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||||
For
the Month Ended June 30, 2007
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||||
Statement
of Income (Loss)
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||||
Income
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||||
Net
Realized Trading Gain (Loss)
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$
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(1,531,690
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)
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Unrealized
Gain (Loss) on Market Value of Futures
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(8,116,980
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)
|
||
ETF
Transaction Fees
|
5,000
|
|||
Interest
Income
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172,687
|
|||
Total
Income (Loss)
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$
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(9,470,983
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)
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Expenses
|
||||
Investment
Advisory Fee
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$
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24,712
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||
Brokerage
Commissions
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6,161
|
|||
NYMEX
License Fee
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1,648
|
|||
Non-interested
Directors' Fees and Expenses
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1,209
|
|||
Total
Expenses
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$
|
33,730
|
||
Net
Gain (Loss)
|
$
|
(9,504,713
|
)
|
|
Statement
of Changes in Net Asset Value
|
||||
Net
Asset Value Beginning of Period 6/1/07
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$
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36,198,426
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||
Additions
(800,000 Units)
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39,189,749
|
|||
Withdrawals
(100,000 Units)
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(4,997,970
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)
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||
Net
Gain (Loss)
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(9,504,713
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)
|
||
Net
Asset Value End of Period
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$
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60,885,492
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||
Net
Asset Value Per Unit (1,400,000 Units)
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$
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43.49
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To
the Limited Partners of United States Natural Gas Fund,
LP:
|
||||
That
pursuant to Section 4.22(h) of the Commodities Exchange Act,
the
undersigned represents that,
|
||||
to
the best of his knowledge and belief, the information contained
in the
Account Statement for the period
|
||||
ended
June 30, 2007 is accurate and complete.
|
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/s/
Nicholas D. Gerber
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Nicholas
D. Gerber
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President
and Chief Executive Officer
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Victoria
Bay Asset Management, LLC, General Partner of United States Natural
Gas
Fund, LP
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||||
Victoria
Bay Asset Management, LLC
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1320
Harbor Bay Parkway
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Suite
145
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Alameda,
CA 94502
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