Chevron
North America Crude Oil Marketing - May 2001 Summary East of the Rockies Bulletins 01-E85 to 01-E106, with Monthly Averages

Chevron has changed its posted prices as shown below:

Effective 7:00 a.m. on the date(s) indicated, and subject to change without notice and subject to the terms and conditions of its division orders or other contracts, Chevron will pay the following prices ($/bbl) for oil at 40.0° API and above, except as noted below, delivered into pipelines for its account into the custody of its authorized carrier or receiving agent. The posted prices for crude oil transported by truck or barge will be the following prices less appropriate trucking or barge cost. The posted prices for crude oil received off shore will be the following prices less appropriate transportation and quality costs to get the crude on shore. Regarding technical issues of Chevron's most recent posted prices, call Christine Mathwig 832-854-5159.

* Prices are subject to a Gravity Adjustment Scale
East of the RockiesE85
05/01
E86
05/02
E87
05/03
E88
05/04
E89
05/07
E90
05/08
E91
05/09
E92
05/10
E93
05/11
E94
05/14
E95
05/15
E96
05/16
Gvty
Adj*
Altamont Yellow Wax28.9427.8028.4528.3627.7727.3928.2328.5228.5528.7128.9828.86B
Bonito Sour (Onshore)28.0026.7527.2527.0026.5026.2527.0027.5027.2526.7527.0027.00A
Deepwater Sour (Onshore) (30°)22.7521.5022.0021.7521.2521.5022.5023.0022.7522.5022.7522.75F,G
East Texas28.0826.9427.5927.5026.9126.5327.3727.6627.6927.8528.1228.00none
Eugene Island Sour (Onshore)27.0026.0026.5025.7525.5025.2526.5026.7526.5026.0026.2526.25A
Heavy Louisiana Sweet (Onshore)29.2528.2528.7528.2528.0027.7528.7529.2529.0028.5028.2528.00A
Light Louisiana Sweet (Onshore)29.2528.0028.5028.2527.7527.5028.5028.7528.5028.0028.2528.00A
New Mexico Intermediate28.2627.1227.7727.6827.0926.7127.5527.8427.8728.0328.3028.18none
New Mexico Sour (34°)24.9323.7924.4424.3523.7623.3824.2224.5124.5424.7024.9724.85none
North Texas Sweet27.8426.7027.3527.2626.6726.2927.1327.4227.4527.6127.8827.76none
Oklahoma Sour24.9323.7924.4424.3523.7623.3824.2224.5124.5424.7024.9724.85none
Oklahoma Sweet28.5727.4328.0827.9927.4027.0227.8628.1528.1828.3428.6128.49none
South Texas Light Sweet26.9325.7926.4426.3525.7625.3826.2226.5126.5426.7026.9726.85none
Southwest Wyoming Sweet29.7428.6029.2529.1628.5728.1929.0329.3229.3529.5129.7829.66E
Uinta Basin Black Wax25.6924.5525.2025.1124.5224.1424.9825.2725.3025.4625.7325.61B
West Texas Intermediate27.6926.5527.2027.1126.5226.1426.9827.2727.3027.4627.7327.61none
West Texas Sour (34°)24.3723.2323.8823.7923.2022.8223.6623.9523.9824.1424.4124.29none
Western Colorado29.7328.5929.2429.1528.5628.1829.0229.3129.3429.5029.7729.65B
East of the RockiesE97
05/17
E98
05/18
E99
05/21
E100
05/22
E101
05/23
E102
05/24
E103
05/25
E104
05/29
E105
05/30
E106
05/31
 Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax28.9129.9129.9829.7429.5828.4128.3828.6628.5528.37 28.7042
Bonito Sour (Onshore)27.0028.0028.0027.7527.7526.5026.5026.7526.5026.50 27.0806
Deepwater Sour (Onshore) (30°)22.7523.7523.7523.5023.5022.2522.2522.5022.2522.25 22.5484
East Texas28.0529.0529.1228.8828.7227.5527.5227.8027.6927.51 27.8442
Eugene Island Sour (Onshore)26.2527.2527.2527.0027.0025.7525.7526.0026.0025.75 26.2742
Heavy Louisiana Sweet (Onshore)28.0029.0029.0028.7528.7527.5027.5027.7527.5027.50 28.3306
Light Louisiana Sweet (Onshore)28.0029.0029.2529.0028.7527.5027.5027.7527.7527.50 28.2339
New Mexico Intermediate28.2329.2329.3029.0628.9027.7327.7027.9827.8727.69 28.0242
New Mexico Sour (34°)24.9025.9025.9725.7325.5724.4024.3724.6524.5424.36 24.6942
North Texas Sweet27.8128.8128.8828.6428.4827.3127.2827.5627.4527.27 27.6042
Oklahoma Sour24.9025.9025.9725.7325.5724.4024.3724.6524.5424.36 24.6942
Oklahoma Sweet28.5429.5429.6129.3729.2128.0428.0128.2928.1828.00 28.3342
South Texas Light Sweet26.9027.9027.9727.7327.5726.4026.3726.6526.5426.36 26.6942
Southwest Wyoming Sweet29.7130.7130.7830.5430.3829.2129.1829.4629.3529.17 29.5042
Uinta Basin Black Wax25.6626.6626.7326.4926.3325.1625.1325.4125.3025.12 25.4542
West Texas Intermediate27.6628.6628.7328.4928.3327.1627.1327.4127.3027.12 27.4542
West Texas Sour (34°)24.3425.3425.4125.1725.0123.8423.8124.0923.9823.80 24.1342
Western Colorado29.7030.7030.7730.5330.3729.2029.1729.4529.3429.16 29.4942
Note: Prices in $/bbl

Measurement
The prices are based upon computation of quantities by mutually acceptable automatic measuring equipment in accordance with provisions of API Standard 1101 or from 100% tank tables with corrections of volume and gravity for temperature to 60°F in accordance with ASTM D-1250 and supplements thereto, if any, and with deductions for full sediment, water and other impurities. Only merchantable oil acceptable to the receiving agency designated by Chevron and containing not more than 1% sediment and water will be accepted.

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