Chevron
North America Crude Oil Marketing - March 2008 Summary East of the Rockies Bulletins 08-E43 to 08-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 RockiesE43
03/01
E44
03/03
E45
03/04
E46
03/05
E47
03/06
E48
03/07
E49
03/10
E50
03/11
E51
03/12
E52
03/13
E53
03/14
Gvty
Adj*
Altamont Yellow Wax88.3488.9586.0291.0292.4792.1594.9095.7596.9297.3397.21B
Bonito Sour (Onshore)102.00102.7599.75104.75105.75105.50108.25109.00110.25110.50110.50A
Deepwater Sour (Onshore) (30°)95.2595.7592.7597.7598.7598.50101.25102.00103.25103.50103.50F,G
East Texas98.2598.7596.00101.00102.00101.50104.25105.25106.25106.75106.75none
Eugene Island Sour (Onshore)102.00102.5099.50104.50105.50105.25108.00108.75110.00110.50110.25A
Heavy Louisiana Sweet (Onshore)104.50105.00102.00107.00108.00107.75110.50111.25112.50113.00112.75A
Light Louisiana Sweet (Onshore)105.00105.50102.50107.50108.50108.25111.00111.75113.00113.50113.25A
New Mexico Intermediate98.5099.0096.25101.25102.25101.75104.50105.50106.50107.00107.00none
New Mexico Sour (34°)93.7594.2591.5096.5097.5097.0099.75100.75101.75102.25102.25none
North Texas Sweet98.5099.0096.25101.25102.25101.75104.50105.50106.50107.00107.00none
Oklahoma Sour93.7594.2591.5096.5097.5097.0099.75100.75101.75102.25102.25none
Oklahoma Sweet98.5099.0096.25101.25102.25101.75104.50105.50106.50107.00107.00none
Rocky Mountain Condensate80.8481.4578.5283.5284.4784.1586.9087.7588.9289.3389.21H
South Texas Light Sweet96.5097.0094.2599.25100.2599.75102.50103.50104.50105.00105.00none
Southwest Wyoming Sweet93.3493.9591.0296.0296.9796.6599.40100.25101.42101.83101.71E
Uinta Basin Black Wax87.3487.9585.0290.0291.4791.1593.9094.7595.9296.3396.21B
West Texas Intermediate98.5099.0096.25101.25102.25101.75104.50105.50106.50107.00107.00none
West Texas Sour (34°)93.7594.2591.5096.5097.5097.0099.75100.75101.75102.25102.25none
Western Colorado89.8490.4587.5292.5293.9793.6596.4097.2598.4298.8398.71B
East of the RockiesE54
03/17
E55
03/18
E56
03/19
E57
03/20
E58
03/24
E59
03/25
E60
03/26
E61
03/27
E62
03/28
E63
03/31
Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax92.6896.4291.4888.8487.8688.2292.9094.5892.6288.5892.0665
Bonito Sour (Onshore)106.00109.75104.75102.00101.00101.50106.25107.75105.75101.75105.3871
Deepwater Sour (Onshore) (30°)99.00102.7597.7595.2594.2594.5099.25100.7599.0094.7598.4677
East Texas102.00105.75101.0098.2597.2597.75102.25104.00102.0098.00101.5645
Eugene Island Sour (Onshore)105.75109.50104.50102.00101.00101.25106.00107.75105.75101.75105.2419
Heavy Louisiana Sweet (Onshore)108.25112.00107.00104.50103.50103.75108.50110.25108.25104.25107.7419
Light Louisiana Sweet (Onshore)108.75112.50107.50105.00104.00104.25109.00110.75108.75104.75108.2419
New Mexico Intermediate102.25106.00101.2598.5097.5098.00102.50104.25102.2598.25101.8145
New Mexico Sour (34°)97.50101.2596.5093.7592.7593.2597.7599.5097.5093.5097.0645
North Texas Sweet102.25106.00101.2598.5097.5098.00102.50104.25102.2598.25101.8145
Oklahoma Sour97.50101.2596.5093.7592.7593.2597.7599.5097.5093.5097.0645
Oklahoma Sweet102.25106.00101.2598.5097.5098.00102.50104.25102.2598.25101.8145
Rocky Mountain Condensate84.6888.4283.4880.8479.8680.2284.9086.5884.6280.5884.1471
South Texas Light Sweet100.25104.0099.2596.5095.5096.00100.50102.25100.2596.2599.8145
Southwest Wyoming Sweet97.18100.9295.9893.3492.3692.7297.4099.0897.1293.0896.6471
Uinta Basin Black Wax91.6895.4290.4887.8486.8687.2291.9093.5891.6287.5891.0665
West Texas Intermediate102.25106.00101.2598.5097.5098.00102.50104.25102.2598.25101.8145
West Texas Sour (34°)97.50101.2596.5093.7592.7593.2597.7599.5097.5093.5097.0645
Western Colorado94.1897.9292.9890.3489.3689.7294.4096.0894.1290.0893.5665
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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