Rule 424(b)(3)
File No. 333-3803
PRICING SUPPLEMENT NO. 4, DATED JULY 7, 1999
(To Prospectus dated September 30, 1996
and Prospectus Supplement dated September 30, 1996)
NATIONAL FUEL GAS COMPANY
(Medium-Term Notes, Series D)
Trade Date: July 7, 1999
Principal Amount: $100,000,000
Price to Public: 99.981%
Issue Date: July 12, 1999 (the Offered Notes
will bear interest from July 12, 1999)
Maturity Date: August 1, 2004
Interest Rate: 6.82%
Interest Payment Dates: February 1 and August 1, commencing
February 1, 2000
Proceeds to the Company: $99,481,000
Redemption Terms: Non-redeemable
Repayable at the option of holder: Yes No x
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Repayment Date: N/A
Repayment Price: N/A
Election Period: N/A
Other Terms: N/A
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UNDERWRITING
Subject to the terms and conditions set forth in a
Terms Agreement, dated July 7, 1999, between PaineWebber
Incorporated (Purchaser) and the Company (Terms Agreement), the
Purchaser has agreed to purchase from the Company, and the
Company has agreed to sell to the Purchaser, as principal,
$100,000,000 principal amount of Offered Notes.
Under the terms and conditions of the Terms Agreement,
the Company has agreed that from the date of this Pricing
Supplement through the Issue Date set forth above, it will not
offer for sale, issue or sell, or enter into any agreement to
offer for sale, issue or sell, any securities of the Company
having terms substantially similar to those of the Offered Notes.
In connection with the offering of the Offered Notes,
the Purchaser may engage in transactions that stabilize, maintain
or otherwise affect the price of the Offered Notes.
Specifically, the Purchaser may overallot in connection with the
offering of the Offered Notes, creating a short position. In
addition, the Purchaser may bid for and purchase Offered Notes in
the open market to cover short positions or to stabilize the
price of the Offered Notes. Finally, the Purchaser may reclaim
selling concessions allowed for distributing the Offered Notes in
the offering of the Offered Notes, if the Purchaser repurchases
previously distributed Offered Notes in covering transactions,
stabilization transactions or otherwise. Any of these activities
may stabilize or maintain the market price of the Offered Notes
above independent market levels. The Purchaser is not required
to engage in any of these activities, and may end any of them at
any time.
