Chevron
North America Crude Oil Marketing - August 2006 Summary East of the Rockies Bulletins 06-E149 to 06-E171, 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 RockiesE149
08/01
E150
08/02
E151
08/03
E152
08/04
E153
08/07
E154
08/08
E155
08/09
E156
08/10
E157
08/11
E158
08/14
E159
08/15
E160
08/16
Gvty
Adj*
Altamont Yellow Wax71.4172.3171.9671.2673.4872.8170.3568.0068.3567.5367.0565.89B
Bonito Sour (Onshore)71.2572.2571.7571.2573.2572.7572.7570.5070.7570.0069.5068.25A
Deepwater Sour (Onshore) (30°)66.7567.5067.2566.5068.7568.0068.2565.7566.2565.2564.7563.75F,G
East Texas71.2572.2572.0071.2573.5072.7572.7570.5070.7570.0069.5068.25none
Eugene Island Sour (Onshore)71.0071.7571.5070.7573.0072.2572.5070.0070.5069.5069.0068.00A
Heavy Louisiana Sweet (Onshore)74.5075.5075.0074.5076.5076.0076.0073.7574.0073.2572.7571.50A
Light Louisiana Sweet (Onshore)75.0076.0075.5074.7577.0076.5076.5074.0074.5073.5073.2572.00A
New Mexico Intermediate71.5072.5072.2571.5073.7573.0073.0070.7571.0070.2569.7568.50none
New Mexico Sour (34°)66.7567.7567.5066.7569.0068.2568.2566.0066.2565.5065.0063.75none
North Texas Sweet71.5072.5072.2571.5073.7573.0073.0070.7571.0070.2569.7568.50none
Oklahoma Sour69.2770.1769.8269.1271.3470.6770.7168.3668.7167.8967.4166.25none
Oklahoma Sweet73.5674.4674.1173.4175.6374.9675.0072.6573.0072.1871.7070.54none
South Texas Light Sweet69.5070.5070.2569.5071.7571.0071.0068.7569.0068.2567.7566.50none
Southwest Wyoming Sweet75.1676.0675.7175.0177.2376.5676.6074.2574.6073.7873.3072.14E
Uinta Basin Black Wax65.4166.3165.9665.2667.4866.8166.0563.7064.0563.2362.7561.59B
West Texas Intermediate71.5072.5072.2571.5073.7573.0073.0070.7571.0070.2569.7568.50none
West Texas Sour (34°)66.7567.7567.5066.7569.0068.2568.2566.0066.2565.5065.0063.75none
Western Colorado69.9170.8170.4669.7671.9871.3171.3569.0069.3568.5368.0566.89B
East of the RockiesE161
08/17
E162
08/18
E163
08/21
E164
08/22
E165
08/23
E166
08/24
E167
08/25
E168
08/28
E169
08/29
E170
08/30
E171
08/31
Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax64.0665.1466.4566.6365.7666.3666.5164.6163.7164.0364.2667.7561
Bonito Sour (Onshore)66.5067.5068.7569.0068.2568.7569.0067.0066.0066.5066.7569.5242
Deepwater Sour (Onshore) (30°)61.7563.0064.2564.5063.5064.2564.2562.5061.5061.7562.0064.9032
East Texas66.5067.5068.7569.0068.2568.7569.0067.0066.2566.5066.7569.5484
Eugene Island Sour (Onshore)66.0067.2568.5068.7567.7568.5068.5066.7565.7566.0066.2569.1532
Heavy Louisiana Sweet (Onshore)69.7570.7572.0072.2571.5072.0072.2570.2569.2569.7570.0072.7742
Light Louisiana Sweet (Onshore)70.2571.2572.5072.7571.7572.5072.5070.7569.7570.0070.2573.1855
New Mexico Intermediate66.7567.7569.0069.2568.5069.0069.2567.2566.5066.7567.0069.7984
New Mexico Sour (34°)62.0063.0064.2564.5063.7564.2564.5062.5061.7562.0062.2565.0484
North Texas Sweet66.7567.7569.0069.2568.5069.0069.2567.2566.5066.7567.0069.7984
Oklahoma Sour64.4265.5066.8166.9966.1266.7266.8764.9764.0764.3964.6267.4710
Oklahoma Sweet68.7169.7971.1071.2870.4171.0171.1669.2668.3668.6868.9171.7610
South Texas Light Sweet64.7565.7567.0067.2566.5067.0067.2565.2564.5064.7565.0067.7984
Southwest Wyoming Sweet70.3171.3972.7072.8872.0172.6172.7670.8669.9670.2870.5173.3610
Uinta Basin Black Wax59.7660.8462.1562.3361.4662.0662.2160.3159.4159.7359.9663.0174
West Texas Intermediate66.7567.7569.0069.2568.5069.0069.2567.2566.5066.7567.0069.7984
West Texas Sour (34°)62.0063.0064.2564.5063.7564.2564.5062.5061.7562.0062.2565.0484
Western Colorado65.0666.1467.4567.6366.7667.3667.5165.6164.7165.0365.2668.1110
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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