0001144204-08-037616.txt : 20080630 0001144204-08-037616.hdr.sgml : 20080630 20080630170601 ACCESSION NUMBER: 0001144204-08-037616 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080630 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080630 DATE AS OF CHANGE: 20080630 FILER: COMPANY DATA: COMPANY CONFORMED NAME: United States Gasoline Fund, LP CENTRAL INDEX KEY: 0001396878 STANDARD INDUSTRIAL CLASSIFICATION: [6221] IRS NUMBER: 208837263 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33975 FILM NUMBER: 08926647 BUSINESS ADDRESS: STREET 1: 1320 HARBOR BAY PARKWAY STREET 2: SUITE 145 CITY: ALAMEDA STATE: CA ZIP: 94502 BUSINESS PHONE: (415) 584-1927 MAIL ADDRESS: STREET 1: 1320 HARBOR BAY PARKWAY STREET 2: SUITE 145 CITY: ALAMEDA STATE: CA ZIP: 94502 8-K 1 v118450_8k.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): June 30, 2008

	UNITED STATES GASOLINE FUND, LP
	(Exact name of registrant as specified in its charter)

Delaware	001-33975	20-8837263
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)
	1320 Harbor Bay Parkway, Suite 145 Alameda, California 94502
	(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code	(510) 522-3336

	Not Applicable
	(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4c))

Item 7.01. Regulation FD Disclosure.

On June 30, 2008, United States Gasoline Fund, LP (the “Registrant”) issued its monthly account statement for the month ended May 31, 2008, which is presented in the form of a Statement of Income (Loss) and a Statement of Changes in Net Asset Value, as required pursuant to Part 4.22 of the Commodities Futures Trading Commission rules. A copy of the monthly account statement is furnished as Exhibit 99.1 to this Current Report on Form 8-K and also can be found on the Registrant’s website at www.unitedstatesgasolinefund.com. The information furnished in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit 99.1 Monthly Account Statement of the Registrant for the month ended May 31, 2008.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	UNITED STATES GASOLINE FUND, LP
	By: United States Commodity Funds LLC, its general partner

Date: June 30, 2008	By:	/s/ Nicholas D. Gerber
	Name:	Nicholas D. Gerber
	Title:	President and Chief Executive Officer

EX-99.1 2 v118450_ex99-1.htm Unassociated Document

Exhibit 99.1

United States Gasoline Fund, LP

Monthly Account Statement

For the Month Ended May 31, 2008

*Statement of Income (Loss)*

Income
Realized Trading Gain (Loss)	$	1,624,392
Unrealized Gain (Loss) on Market Value of Futures		785,400
Interest Income		27,298
ETF Transaction Fees		2,000
Total Income (Loss)	$	2,439,090

Expenses
Investment Advisory Fee	$	9,656
K-1 Tax Expense		73,055
Audit Fees		21,444
Brokerage Commissions		1,543
NYMEX License Fee		565
Non-interested Directors' Fees and Expenses		334
Total Expenses		106,597
K-1 Tax Expense Waiver		(68,485	)
Audit Fees Waiver		(21,178	)
Net Expenses	$	16,934
Net Gain (Loss)	$	2,422,156



*Statement of Changes in Net Asset Value*


Net Asset Value Beginning of Period 5/1/08	$	16,153,489
Additions (200,000 Units)		12,546,852
Net Gain (Loss)		2,422,156

Net Asset Value End of Period	$	31,122,497
Net Asset Value Per Unit (500,000 Units)	$	62.24

To the Limited Partners of United States Gasoline Fund, LP:

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 month ended May 31, 2008 is accurate and complete.

/s/ Nicholas D. Gerber

Nicholas D. Gerber

President and Chief Executive Officer

United States Commodity Funds LLC, General Partner of United States Gasoline Fund, LP

United States Commodity Funds LLC

1320 Harbor Bay Parkway

Suite 145

Alameda, CA 94502