Chevron
North America Crude Oil Marketing - June 2006 Summary East of the Rockies Bulletins 06-E107 to 06-E128, 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 RockiesE107
06/01
E108
06/02
E109
06/05
E110
06/06
E111
06/07
E112
06/08
E113
06/09
E114
06/12
E115
06/13
E116
06/14
E117
06/15
E118
06/16
Gvty
Adj*
Altamont Yellow Wax66.8468.8369.1069.0067.3266.8568.1366.8665.0665.6466.0066.38B
Bonito Sour (Onshore)66.7568.7569.0069.0067.2566.7568.0066.7565.0065.5066.0066.25A
Deepwater Sour (Onshore) (30°)61.7563.7564.0064.0062.2561.7563.0061.7560.0060.5061.0061.25F,G
East Texas66.7568.7569.0069.0067.2566.7568.0066.7565.0065.5066.0066.25none
Eugene Island Sour (Onshore)66.5068.5068.7568.5067.0066.5067.7566.5064.7565.2565.5066.00A
Heavy Louisiana Sweet (Onshore)70.0072.0072.2572.2570.5070.0071.2570.0068.2568.7569.2569.50A
Light Louisiana Sweet (Onshore)70.5072.5072.7572.5071.0070.5071.7570.5068.5069.2569.5070.00A
New Mexico Intermediate67.0069.0069.2569.2567.5067.0068.2567.0065.2565.7566.2566.50none
New Mexico Sour (34°)62.2564.2564.5064.5062.7562.2563.5062.2560.5061.0061.5061.75none
North Texas Sweet67.0069.0069.2569.2567.5067.0068.2567.0065.2565.7566.2566.50none
Oklahoma Sour64.2366.2266.4966.3964.7164.2465.5264.2562.4563.0363.3963.77none
Oklahoma Sweet68.9270.9171.1871.0869.4068.9370.2168.9467.1467.7268.0868.46none
South Texas Light Sweet65.0067.0067.2567.2565.5065.0066.2565.0063.2563.7564.2564.50none
Southwest Wyoming Sweet71.0973.0873.3573.2571.5771.1072.3871.1169.3169.8970.2570.63E
Uinta Basin Black Wax61.3463.3363.6063.5061.8261.3562.6361.3659.5660.1460.5060.88B
West Texas Intermediate67.0069.0069.2569.2567.5067.0068.2567.0065.2565.7566.2566.50none
West Texas Sour (34°)62.2564.2564.5064.5062.7562.2563.5062.2560.5061.0061.5061.75none
Western Colorado65.3467.3367.6067.5065.8265.3566.6365.3663.5664.1464.5064.88B
East of the RockiesE119
06/19
E120
06/20
E121
06/21
E122
06/22
E123
06/23
E124
06/26
E125
06/27
E126
06/28
E127
06/29
E128
06/30
 Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax65.4865.4466.8367.3467.3768.3068.4268.6970.0270.43 67.5250
Bonito Sour (Onshore)65.5065.2566.7567.2567.2568.2568.2568.5070.0070.25 67.4250
Deepwater Sour (Onshore) (30°)60.5060.2561.7562.2562.2563.2563.2563.5065.0065.25 62.4250
East Texas65.5065.2566.7567.2567.2568.2568.2568.5070.0070.25 67.4250
Eugene Island Sour (Onshore)65.0065.0066.5067.0067.0068.0068.0068.2569.7570.00 67.1500
Heavy Louisiana Sweet (Onshore)68.7568.7570.0070.5070.5071.5071.5072.0073.2573.50 70.6917
Light Louisiana Sweet (Onshore)69.0069.0070.5071.0071.0071.7572.0072.2573.5074.00 71.1250
New Mexico Intermediate65.7565.5067.0067.5067.5068.5068.5068.7570.2570.50 67.6750
New Mexico Sour (34°)61.0060.7562.2562.7562.7563.7563.7564.0065.5065.75 62.9250
North Texas Sweet65.7565.5067.0067.5067.5068.5068.5068.7570.2570.50 67.6750
Oklahoma Sour62.8762.8364.2264.7364.7665.6965.8166.0867.4167.82 64.9150
Oklahoma Sweet67.5667.5268.9169.4269.4570.3870.5070.7772.1072.51 69.6050
South Texas Light Sweet63.7563.5065.0065.5065.5066.5066.5066.7568.2568.50 65.6750
Southwest Wyoming Sweet69.7369.6971.0871.5971.6272.5572.6772.9474.2774.68 71.7750
Uinta Basin Black Wax59.9859.9461.3361.8461.8762.8062.9263.1964.5264.93 62.0250
West Texas Intermediate65.7565.5067.0067.5067.5068.5068.5068.7570.2570.50 67.6750
West Texas Sour (34°)61.0060.7562.2562.7562.7563.7563.7564.0065.5065.75 62.9250
Western Colorado63.9863.9465.3365.8465.8766.8066.9267.1968.5268.93 66.0250
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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