Chevron
North America Crude Oil Marketing - March 2007 Summary East of the Rockies Bulletins 07-E42 to 07-E63, 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 RockiesE42
03/01
E43
03/02
E44
03/05
E45
03/06
E46
03/07
E47
03/08
E48
03/09
E49
03/12
E50
03/13
E51
03/14
E52
03/15
E53
03/16
Gvty
Adj*
Altamont Yellow Wax48.6548.2946.7248.6949.8249.6448.0546.9145.9346.1645.5545.11B
Bonito Sour (Onshore)60.7560.5059.0059.5060.7560.5058.7557.7556.7557.0056.2556.00A
Deepwater Sour (Onshore) (30°)55.2554.7553.2553.7555.0054.7553.2552.0051.0051.2550.7550.25F,G
East Texas58.5058.0056.5057.0058.2558.0056.5055.2554.2554.5054.0053.50none
Eugene Island Sour (Onshore)60.0059.7558.0058.7559.7559.7558.0057.0056.0056.2555.5055.00A
Heavy Louisiana Sweet (Onshore)63.0062.5061.0061.5062.7562.5061.0059.7558.7559.0058.5058.00A
Light Louisiana Sweet (Onshore)63.2563.0061.2562.0063.0063.0061.2560.2559.2559.5058.7558.25A
New Mexico Intermediate58.7558.2556.7557.2558.5058.2556.7555.5054.5054.7554.2553.75none
New Mexico Sour (34°)54.0053.5052.0052.5053.7553.5052.0050.7549.7550.0049.5049.00none
North Texas Sweet58.7558.2556.7557.2558.5058.2556.7555.5054.5054.7554.2553.75none
Oklahoma Sour57.0956.7355.1655.7856.9156.7355.1454.0053.0253.2552.6452.20none
Oklahoma Sweet61.0860.7259.1559.7760.9060.7259.1357.9957.0157.2456.6356.19none
South Texas Light Sweet56.7556.2554.7555.2556.5056.2554.7553.5052.5052.7552.2551.75none
Southwest Wyoming Sweet58.2557.8956.3256.6957.8257.6456.0554.9153.9354.1653.5553.11E
Uinta Basin Black Wax48.6548.2946.7248.6949.8249.6448.0546.9145.9346.1645.5545.11B
West Texas Intermediate58.7558.2556.7557.2558.5058.2556.7555.5054.5054.7554.2553.75none
West Texas Sour (34°)54.0053.5052.0052.5053.7553.5052.0050.7549.7550.0049.5049.00none
Western Colorado55.2054.8453.2754.3955.5255.3453.7552.6151.6351.8651.2550.81B
East of the RockiesE54
03/19
E55
03/20
E56
03/21
E57
03/22
E58
03/23
E59
03/26
E60
03/27
E61
03/28
E62
03/29
E63
03/30
 Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax44.5944.7347.6149.6950.2850.9150.9352.0854.0353.87 48.5668
Bonito Sour (Onshore)55.5055.5058.5060.5061.0061.7561.7563.0064.7564.75 59.6048
Deepwater Sour (Onshore) (30°)49.7550.0052.7554.7555.5056.0056.0057.2559.2559.00 53.9355
East Texas53.0053.2556.0058.0058.7559.2559.2560.5062.5062.25 57.1855
Eugene Island Sour (Onshore)54.5054.7557.5059.7560.2561.0061.0062.0064.0063.75 58.7742
Heavy Louisiana Sweet (Onshore)57.5057.7560.5062.5063.2563.7563.7565.0067.0066.75 61.6855
Light Louisiana Sweet (Onshore)57.7558.0060.7563.0063.5064.2564.2565.2567.2567.00 62.0242
New Mexico Intermediate53.2553.5056.2558.2559.0059.5059.5060.7562.7562.50 57.4355
New Mexico Sour (34°)48.5048.7551.5053.5054.2554.7554.7556.0058.0057.75 52.6855
North Texas Sweet53.2553.5056.2558.2559.0059.5059.5060.7562.7562.50 57.4355
Oklahoma Sour51.6851.8254.7056.7857.3758.0058.0259.1761.1260.96 55.8745
Oklahoma Sweet55.6755.8158.6960.7761.3661.9962.0163.1665.1164.95 59.8645
South Texas Light Sweet51.2551.5054.2556.2557.0057.5057.5058.7560.7560.50 55.4355
Southwest Wyoming Sweet52.5952.7355.6157.6958.2858.9158.9360.0862.0361.87 56.8248
Uinta Basin Black Wax44.5944.7347.6149.6950.2850.9150.9352.0854.0353.87 48.5668
West Texas Intermediate53.2553.5056.2558.2559.0059.5059.5060.7562.7562.50 57.4355
West Texas Sour (34°)48.5048.7551.5053.5054.2554.7554.7556.0058.0057.75 52.6855
Western Colorado50.2950.4353.3155.3955.9856.6156.6357.7859.7359.57 54.4039
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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