Chevron
North America Crude Oil Marketing - June 2007 Summary California Bulletins 07-CA101 to 07-CA120, with Monthly Averages

Chevron has changed its posted prices as shown below:

Effective 7:00 AM on the above listed effective date, subject to change without notice, Chevron will pay the following prices per barrel for crude oil and condensate delivered for its account into the custody of its authorized carrier or receiving agent. Prices are subject to deduction for transportation and other charges where applicable. Prices for oil apply to quantities measured by approved automatic custody transfer facilities or 100% tank table with customary adjustment of volume and gravity for temperature and full deduction for sediment and water.

* Prices are subject to a Gravity Adjustment Scale
CaliforniaAPICA101
06/01
CA102
06/04
CA103
06/05
CA104
06/06
CA105
06/07
CA106
06/08
CA107
06/11
CA108
06/12
CA109
06/13
CA110
06/14
CA111
06/15
Buena Vista Hills61.5562.7062.1062.4563.4061.2562.4561.8562.7564.1564.50
Coalinga56.3057.4556.8557.2058.1556.0057.2056.6057.5058.9059.25
Huntington Beach57.8058.9558.3558.7059.6557.5058.7058.1059.0060.4060.75
Kettleman Hills64.9566.1065.5065.8566.8064.6565.8565.2566.1567.5567.90
Lost Hills63.2564.4063.8064.1565.1062.9564.1563.5564.4565.8566.20
McKittrick55.5556.7056.1056.4557.4055.2556.4555.8556.7558.1558.50
Midway Sunset55.5556.7056.1056.4557.4055.2556.4555.8556.7558.1558.50
Seal Beach62.5563.7063.1063.4564.4062.2563.4562.8563.7565.1565.50
Gravity AdjustmentPrice Adjustment $/bbl/Tenth°API
Above 40.0°API0.00000.00000.00000.00000.00000.00000.00000.00000.00000.00000.0000
34.0° to 40.0°API0.01000.01000.01000.01000.01000.01000.01000.01000.01000.01000.0100
Below 34.0°API0.04250.04250.04250.04250.04250.04250.04250.04250.04250.04250.0425
CaliforniaAPICA112
06/18
CA113
06/20
CA114
06/21
CA115
06/22
CA116
06/25
CA117
06/26
CA118
06/27
CA119
06/28
CA120
06/29
 Mthly
Avg
Buena Vista Hills65.6064.7065.4065.9566.0564.6565.8566.4567.55 64.0333
Coalinga60.3559.4560.1560.7060.8059.4060.6061.2062.30 58.7833
Huntington Beach61.8560.9561.6562.2062.3060.9062.1062.7063.80 60.2833
Kettleman Hills69.0068.1068.8069.3569.4568.0569.2569.8570.95 67.4333
Lost Hills67.3066.4067.1067.6567.7566.3567.5568.1569.25 65.7333
McKittrick59.6058.7059.4059.9560.0558.6559.8560.4561.55 58.0333
Midway Sunset59.6058.7059.4059.9560.0558.6559.8560.4561.55 58.0333
Seal Beach66.6065.7066.4066.9567.0565.6566.8567.4568.55 65.0333
Gravity AdjustmentPrice Adjustment $/bbl/Tenth°API
Above 40.0°API0.00000.00000.00000.00000.00000.00000.00000.00000.0000 0.0000
34.0° to 40.0°API0.01000.01000.01000.01000.01000.01000.01000.01000.0100 0.0100
Below 34.0°API0.04250.04250.04250.04250.04250.04250.04250.04250.0425 0.0425
Note: Prices in $/bbl

Measurement
The prices are based upon computation of quantities by mutually acceptable automatic measuring equipment in accordance with the latest ASTM Standards and API Manual of Petroleum Measurement Standards (MPMS) generally accepted in the petroleum industry with deductions for full sediment, water and other impurities.

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