We consent to the reference to our firm under the caption
“Experts” and to the inclusion in
the Pre-Effective Amendment No. 5 to the Registration Statement (Form S-1 No.
333-124950) and
related Prospectus of United States Oil Fund, LP (formerly New York Oil ETF, LP) of our report
dated
March 1, 2006 on our audit of the financial statements of United States Oil Fund, LP as of
December 31, 2005 and our report dated
March 1, 2006 on our audit of the consolidated financial
statements of Victoria Bay Asset Management, LLC and subsidiary as of
December 31, 2005 and for the
period from
June 23, 2005 (inception) through
December 31, 2005.