Chevron
North America Crude Oil Marketing - December 2007 Summary East of the Rockies Bulletins 07-E237 to 07-E257, 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 RockiesE237
12/01
E238
12/03
E239
12/04
E240
12/05
E241
12/06
E242
12/07
E243
12/10
E244
12/11
E245
12/12
E246
12/13
E247
12/14
Gvty
Adj*
Altamont Yellow Wax74.7175.3174.3273.4976.7374.7874.3676.5280.8978.7577.77B
Bonito Sour (Onshore)84.7585.2584.2583.5086.2584.2583.7586.0090.5088.2587.25A
Deepwater Sour (Onshore) (30°)78.5079.0078.2577.2580.0078.0077.7579.7584.2582.0081.00F,G
East Texas85.2585.7584.7584.0086.7584.7584.2586.5090.7588.7587.75none
Eugene Island Sour (Onshore)84.7585.2584.2583.5086.2584.2583.7586.0090.2588.2587.25A
Heavy Louisiana Sweet (Onshore)87.7588.2587.2586.5089.2587.2587.0089.0093.5091.2590.25A
Light Louisiana Sweet (Onshore)89.2589.7588.7588.0090.7588.7588.2590.5094.7592.7591.75A
New Mexico Intermediate85.5086.0085.0084.2587.0085.0084.5086.7591.0089.0088.00none
New Mexico Sour (34°)80.7581.2580.2579.5082.2580.2579.7582.0086.2584.2583.25none
North Texas Sweet85.5086.0085.0084.2587.0085.0084.5086.7591.0089.0088.00none
Oklahoma Sour80.7581.2580.2579.5082.2580.2579.7582.0086.2584.2583.25none
Oklahoma Sweet85.5086.0085.0084.2587.0085.0084.5086.7591.0089.0088.00none
Rocky Mountain Condensate           H
South Texas Light Sweet83.5084.0083.0082.2585.0083.0082.5084.7589.0087.0086.00none
Southwest Wyoming Sweet80.7181.3180.3279.4981.7379.7879.3681.5285.8983.7582.77E
Uinta Basin Black Wax74.7175.3174.3273.4975.7373.7873.3675.5279.8977.7576.77B
West Texas Intermediate85.5086.0085.0084.2587.0085.0084.5086.7591.0089.0088.00none
West Texas Sour (34°)80.7581.2580.2579.5082.2580.2579.7582.0086.2584.2583.25none
Western Colorado78.7179.3178.3277.4978.2376.2875.8678.0282.3980.2579.27B
East of the RockiesE248
12/17
E249
12/18
E250
12/19
E251
12/20
E252
12/21
E253
12/24
E254
12/26
E255
12/27
E256
12/28
E257
12/31
Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax77.1376.9977.7477.5679.8180.6382.4783.1282.5082.4878.1652
Bonito Sour (Onshore)86.7586.5087.2587.0089.2590.2592.0092.5092.0092.0087.7419
Deepwater Sour (Onshore) (30°)80.5080.2581.0080.7583.0084.0085.7586.5085.7585.7581.5161
East Texas87.0087.0087.7587.5089.7590.5092.5093.0092.5092.5088.2097
Eugene Island Sour (Onshore)86.5086.5087.2587.0089.2590.0092.0092.5092.0092.0087.7097
Heavy Louisiana Sweet (Onshore)89.7589.5090.2590.0092.2593.2595.0095.7595.0095.0090.7581
Light Louisiana Sweet (Onshore)91.0091.0091.7591.5093.7594.5096.5097.0096.5096.5092.2097
New Mexico Intermediate87.2587.2588.0087.7590.0090.7592.7593.2592.7592.7588.4597
New Mexico Sour (34°)82.5082.5083.2583.0085.2586.0088.0088.5088.0088.0083.7097
North Texas Sweet87.2587.2588.0087.7590.0090.7592.7593.2592.7592.7588.4597
Oklahoma Sour82.5082.5083.2583.0085.2586.0088.0088.5088.0088.0083.7097
Oklahoma Sweet87.2587.2588.0087.7590.0090.7592.7593.2592.7592.7588.4597
Rocky Mountain Condensate  0.000.000.000.000.000.000.000.00.0000
South Texas Light Sweet85.2585.2586.0085.7588.0088.7590.7591.2590.7590.7586.4597
Southwest Wyoming Sweet82.1381.9982.7482.5684.8185.6387.4788.1287.5087.4883.3265
Uinta Basin Black Wax76.1375.9976.7476.5678.8179.6381.4782.1281.5081.4877.3265
West Texas Intermediate87.2587.2588.0087.7590.0090.7592.7593.2592.7592.7588.4597
West Texas Sour (34°)82.5082.5083.2583.0085.2586.0088.0088.5088.0088.0083.7097
Western Colorado78.6378.4979.2479.0681.3182.1383.9784.6284.0083.9880.0684
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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