Chevron
North America Crude Oil Marketing - July 2006 Summary East of the Rockies Bulletins 06-E129 to 06-E148, 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 RockiesE129
07/01
E130
07/05
E131
07/06
E132
07/07
E133
07/10
E134
07/11
E135
07/12
E136
07/13
E137
07/14
E138
07/17
E139
07/18
Gvty
Adj*
Altamont Yellow Wax70.4371.6971.6470.5970.1170.6671.4573.2073.5371.8070.04B
Bonito Sour (Onshore)70.0071.2571.2570.0069.7570.2571.0072.7573.0071.2569.50A
Deepwater Sour (Onshore) (30°)65.7567.0067.0065.7565.5066.0066.7568.5068.7567.0065.25F,G
East Texas70.2571.5071.5070.5070.0070.5071.2573.0073.5071.7570.00none
Eugene Island Sour (Onshore)69.7571.0070.7569.7569.2569.7570.7572.5072.7571.0069.25A
Heavy Louisiana Sweet (Onshore)73.2574.5074.2573.2572.7573.2574.2576.0076.2574.5072.75A
Light Louisiana Sweet (Onshore)73.7575.0074.7573.7573.2573.7574.7576.5076.7575.0073.25A
New Mexico Intermediate70.5071.7571.7570.7570.2570.7571.5073.2573.7572.0070.25none
New Mexico Sour (34°)65.7567.0067.0066.0065.5066.0066.7568.5069.0067.2565.50none
North Texas Sweet70.5071.7571.7570.7570.2570.7571.5073.2573.7572.0070.25none
Oklahoma Sour67.3068.5668.5167.4666.9867.5368.3270.0770.4068.6766.91none
Oklahoma Sweet73.0874.3474.2973.2472.7673.3174.1075.8576.1874.4572.69none
South Texas Light Sweet68.5069.7569.7568.7568.2568.7569.5071.2571.7570.0068.25none
Southwest Wyoming Sweet74.1875.4475.3974.3473.8674.4175.2076.9577.2875.5573.79E
Uinta Basin Black Wax64.4365.6965.6464.5964.1164.6665.4567.2067.5365.8064.04B
West Texas Intermediate70.5071.7571.7570.7570.2570.7571.5073.2573.7572.0070.25none
West Texas Sour (34°)65.7567.0067.0066.0065.5066.0066.7568.5069.0067.2565.50none
Western Colorado68.9370.1970.1469.0968.6169.1669.9571.7072.0370.3068.54B
East of the RockiesE140
07/19
E141
07/20
E142
07/21
E143
07/24
E144
07/25
E145
07/26
E146
07/27
E147
07/28
E148
07/31
 Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax69.1669.5870.9371.5570.2570.4471.0469.7470.90 70.9548
Bonito Sour (Onshore)68.7569.0070.5071.0069.7570.0070.5069.2570.50 70.4758
Deepwater Sour (Onshore) (30°)64.5064.7566.2566.7565.5065.7566.2565.0066.25 66.2258
East Texas69.0069.5070.7571.5070.2570.2571.0069.7570.75 70.8468
Eugene Island Sour (Onshore)68.2568.7570.2570.7569.5069.7570.2569.0070.00 70.1855
Heavy Louisiana Sweet (Onshore)71.7572.2573.7574.2573.0073.2573.7572.5073.50 73.6855
Light Louisiana Sweet (Onshore)72.2572.7574.2574.7573.5073.7574.2573.0074.00 74.1855
New Mexico Intermediate69.2569.7571.0071.7570.5070.5071.2570.0071.00 71.0968
New Mexico Sour (34°)64.5065.0066.2567.0065.7565.7566.5065.2566.25 66.3468
North Texas Sweet69.2569.7571.0071.7570.5070.5071.2570.0071.00 71.0968
Oklahoma Sour66.0366.4567.8068.4267.1267.3167.9166.6167.77 67.8248
Oklahoma Sweet71.8172.2373.5874.2072.9073.0973.6972.3973.55 73.6048
South Texas Light Sweet67.2567.7569.0069.7568.5068.5069.2568.0069.00 69.0968
Southwest Wyoming Sweet72.9173.3374.6875.3074.0074.1974.7973.4974.65 74.7048
Uinta Basin Black Wax63.1663.5864.9365.5564.2564.4465.0463.7464.90 64.9548
West Texas Intermediate69.2569.7571.0071.7570.5070.5071.2570.0071.00 71.0968
West Texas Sour (34°)64.5065.0066.2567.0065.7565.7566.5065.2566.25 66.3468
Western Colorado67.6668.0869.4370.0568.7568.9469.5468.2469.40 69.4548
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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