Chevron
North America Crude Oil Marketing - July 2007 Summary East of the Rockies Bulletins 07-E128 to 07-E149, 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 RockiesE128
07/01
E129
07/02
E130
07/03
E131
07/05
E132
07/06
E133
07/09
E134
07/10
E135
07/11
E136
07/12
E137
07/13
E138
07/16
E139
07/17
Gvty
Adj*
Altamont Yellow Wax59.1859.5959.9160.3161.3160.6961.3161.0661.0062.4362.6562.52B
Bonito Sour (Onshore)73.0073.2573.7574.0075.0074.5075.0074.7574.7576.2576.5076.25A
Deepwater Sour (Onshore) (30°)66.5067.0067.2567.7568.7568.0068.7568.5068.5069.7570.0070.00F,G
East Texas67.0067.5067.7568.2569.2568.5069.2569.0069.0070.2570.5070.50none
Eugene Island Sour (Onshore)72.7573.0073.5073.7574.7574.2574.7574.5074.5076.0076.2576.00A
Heavy Louisiana Sweet (Onshore)74.5074.7575.2575.5076.5076.0076.5076.2576.2577.7578.0077.75A
Light Louisiana Sweet (Onshore)75.5076.0076.2576.5077.5077.0077.5077.2577.2578.7579.0078.75A
New Mexico Intermediate67.2567.7568.0068.5069.5068.7569.5069.2569.2570.5070.7570.75none
New Mexico Sour (34°)62.5063.0063.2563.7564.7564.0064.7564.5064.5065.7566.0066.00none
North Texas Sweet67.2567.7568.0068.5069.5068.7569.5069.2569.2570.5070.7570.75none
Oklahoma Sour66.1966.6066.9267.3268.3267.7068.3268.0768.0169.4469.6669.53none
Oklahoma Sweet69.7070.1170.4370.8371.8371.2171.8371.5871.5272.9573.1773.04none
South Texas Light Sweet65.2565.7566.0066.5067.5066.7567.5067.2567.2568.5068.7568.75none
Southwest Wyoming Sweet66.6867.0967.4167.8168.8168.1968.8168.5668.0069.4369.6569.52E
Uinta Basin Black Wax59.1859.5959.9160.3161.3160.6961.3161.0661.0062.4362.6562.52B
West Texas Intermediate67.2567.7568.0068.5069.5068.7569.5069.2569.2570.5070.7570.75none
West Texas Sour (34°)62.5063.0063.2563.7564.7564.0064.7564.5064.5065.7566.0066.00none
Western Colorado62.1862.5962.9163.3164.3163.6964.3164.0664.5065.9366.1566.02B
East of the RockiesE140
07/18
E141
07/19
E142
07/20
E143
07/23
E144
07/24
E145
07/25
E146
07/26
E147
07/27
E148
07/30
E149
07/31
 Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax63.5564.4264.0763.3962.0664.3863.4565.5265.3366.71 62.6261
Bonito Sour (Onshore)77.2578.2577.7577.2575.7578.2577.2579.2579.0080.50 76.3790
Deepwater Sour (Onshore) (30°)71.0071.7571.5070.7569.5071.7570.7573.0072.7574.00 70.0242
East Texas71.5072.2572.0071.2570.0072.2571.2573.5073.2574.75 70.5323
Eugene Island Sour (Onshore)77.0078.0077.5077.0075.5078.0077.0079.0078.7580.25 76.1290
Heavy Louisiana Sweet (Onshore)78.7579.7579.2578.7577.2579.5078.7580.7580.5082.00 77.8710
Light Louisiana Sweet (Onshore)79.7580.7580.5079.7578.2580.7579.7581.7581.7583.00 78.9194
New Mexico Intermediate71.7572.5072.2571.5070.2572.5071.5073.7573.5075.00 70.7823
New Mexico Sour (34°)67.0067.7567.5066.7565.5067.7566.7569.0068.7570.25 66.0323
North Texas Sweet71.7572.5072.2571.5070.2572.5071.5073.7573.5075.00 70.7823
Oklahoma Sour70.5671.4371.0870.4069.0771.3970.4672.5372.3473.72 69.6361
Oklahoma Sweet74.0774.9474.5973.9172.5874.9073.9776.0475.8577.23 73.1461
South Texas Light Sweet69.7570.5070.2569.5068.2570.5069.5071.7571.5073.00 68.7823
Southwest Wyoming Sweet70.5571.4271.0770.3969.0671.3870.4572.5272.3373.71 69.8035
Uinta Basin Black Wax63.5564.4264.0763.3962.0664.3863.4565.5265.3366.71 62.6261
West Texas Intermediate71.7572.5072.2571.5070.2572.5071.5073.7573.5075.00 70.7823
West Texas Sour (34°)67.0067.7567.5066.7565.5067.7566.7569.0068.7570.25 66.0323
Western Colorado67.0567.9267.5766.8965.5667.8866.9569.0268.8370.21 65.9487
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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