Chevron
North America Crude Oil Marketing - August 2007 Summary East of the Rockies Bulletins 07-E150 to 07-E172, 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 RockiesE150
08/01
E151
08/02
E152
08/03
E153
08/06
E154
08/07
E155
08/08
E156
08/09
E157
08/10
E158
08/13
E159
08/14
E160
08/15
E161
08/16
Gvty
Adj*
Altamont Yellow Wax65.0365.3662.9859.5659.9259.6559.0958.9759.1259.8860.8358.50B
Bonito Sour (Onshore)79.2579.7578.2575.0075.2575.0074.5074.2574.5075.2576.2573.75A
Deepwater Sour (Onshore) (30°)72.2572.5071.0067.7568.0067.7567.2567.0067.2568.0069.0066.75F,G
East Texas73.0073.2572.0068.5068.7568.5068.0068.0068.0068.7569.7567.50none
Eugene Island Sour (Onshore)79.0079.2578.0074.5075.0074.7574.0074.0074.0074.7575.7573.50A
Heavy Louisiana Sweet (Onshore)81.0081.2579.7576.5076.7576.5076.0075.7576.0076.7577.7575.25A
Light Louisiana Sweet (Onshore)81.2581.7580.2577.0077.2577.0076.5076.2576.5077.2578.2575.75A
New Mexico Intermediate73.2573.5072.2568.7569.0068.7568.2568.2568.2569.0070.0067.75none
New Mexico Sour (34°)68.5068.7567.5064.0064.2564.0063.5063.5063.5064.2565.2563.00none
North Texas Sweet73.2573.5072.2568.7569.0068.7568.2568.2568.2569.0070.0067.75none
Oklahoma Sour68.5068.7567.5064.0064.2564.0063.5063.5063.5064.2565.2563.00none
Oklahoma Sweet73.2573.5072.2568.7569.0068.7568.2568.2568.2569.0070.0067.75none
South Texas Light Sweet71.2571.5070.2566.7567.0066.7566.2566.2566.2567.0068.0065.75none
Southwest Wyoming Sweet72.0372.3669.4866.0666.4266.1565.5965.4765.6266.3867.3365.00E
Uinta Basin Black Wax65.0365.3662.9859.5659.9259.6559.0958.9759.1259.8860.8358.50B
West Texas Intermediate73.2573.5072.2568.7569.0068.7568.2568.2568.2569.0070.0067.75none
West Texas Sour (34°)68.5068.7567.5064.0064.2564.0063.5063.5063.5064.2565.2563.00none
Western Colorado68.5368.8667.4864.0664.4264.1563.5963.4763.6264.3865.3363.00B
East of the RockiesE162
08/17
E163
08/20
E164
08/21
E165
08/22
E166
08/23
E167
08/24
E168
08/27
E169
08/28
E170
08/29
E171
08/30
E172
08/31
Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax59.4858.6256.9756.7657.3358.5959.4759.2361.0160.8661.5459.9610
Bonito Sour (Onshore)74.7574.0072.2572.0072.7574.0074.7574.5076.2576.2576.7575.2177
Deepwater Sour (Onshore) (30°)67.5066.7565.0065.0065.5066.7567.5067.2569.2569.0069.7568.0081
East Texas68.5067.5066.0065.7566.2567.5068.5068.2570.0069.7570.5068.8548
Eugene Island Sour (Onshore)74.5073.5072.0071.7572.2573.5074.5074.2576.0075.7576.5074.8710
Heavy Louisiana Sweet (Onshore)76.2575.5073.7573.7574.2575.5076.2576.0078.0077.7578.5076.7500
Light Louisiana Sweet (Onshore)76.7576.0074.2574.0074.7576.0076.7576.5078.2578.2578.7577.2177
New Mexico Intermediate68.7567.7566.2566.0066.5067.7568.7568.5070.2570.0070.7569.1048
New Mexico Sour (34°)64.0063.0061.5061.2561.7563.0064.0063.7565.5065.2566.0064.3548
North Texas Sweet68.7567.7566.2566.0066.5067.7568.7568.5070.2570.0070.7569.1048
Oklahoma Sour64.0063.0061.5061.2561.7563.0064.0063.7565.5065.2566.0064.3548
Oklahoma Sweet68.7567.7566.2566.0066.5067.7568.7568.5070.2570.0070.7569.1048
South Texas Light Sweet66.7565.7564.2564.0064.5065.7566.7566.5068.2568.0068.7567.1048
Southwest Wyoming Sweet65.9865.1263.4763.2663.8365.0965.9765.7367.5167.3668.0466.4932
Uinta Basin Black Wax59.4858.6256.9756.7657.3358.5959.4759.2361.0160.8661.5459.9610
West Texas Intermediate68.7567.7566.2566.0066.5067.7568.7568.5070.2570.0070.7569.1048
West Texas Sour (34°)64.0063.0061.5061.2561.7563.0064.0063.7565.5065.2566.0064.3548
Western Colorado63.9863.1261.4761.2661.8363.0963.9763.7365.5165.3666.0464.3965
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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