Chevron
North America Crude Oil Marketing - April 2008 Summary East of the Rockies Bulletins 08-E64 to 08-E85, 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 RockiesE64
04/01
E65
04/02
E66
04/03
E67
04/04
E68
04/07
E69
04/08
E70
04/09
E71
04/10
E72
04/11
E73
04/14
E74
04/15
E75
04/16
Gvty
Adj*
Altamont Yellow Wax87.9891.8390.8393.2397.0996.5098.8798.1198.1499.76101.79102.93B
Bonito Sour (Onshore)99.25103.00102.00104.50107.25106.75109.00108.25108.25110.00112.00113.00A
Deepwater Sour (Onshore) (30°)93.2597.0096.0098.50101.25100.75103.00102.25102.50104.00106.00107.25F,G
East Texas97.50101.25100.25102.75105.50105.00107.25106.50106.50108.25110.25111.25none
Eugene Island Sour (Onshore)99.00102.75101.75104.25107.00106.50108.75108.00108.00109.75111.75112.75A
Heavy Louisiana Sweet (Onshore)102.50106.25105.25107.75110.50110.00112.25111.50111.50113.25115.25116.50A
Light Louisiana Sweet (Onshore)103.00106.75105.75108.25111.00110.50112.75112.00112.00113.75115.75116.75A
New Mexico Intermediate97.75101.50100.50103.00105.75105.25107.50106.75106.75108.50110.50111.50none
New Mexico Sour (34°)93.0096.7595.7598.25101.00100.50102.75102.00102.00103.75105.75106.75none
North Texas Sweet97.75101.50100.50103.00105.75105.25107.50106.75106.75108.50110.50111.50none
Oklahoma Sour93.0096.7595.7598.25101.00100.50102.75102.00102.00103.75105.75106.75none
Oklahoma Sweet97.75101.50100.50103.00105.75105.25107.50106.75106.75108.50110.50111.50none
Rocky Mountain Condensate79.9883.8382.8385.2388.0987.5089.8789.1189.1490.7692.7993.93H
South Texas Light Sweet95.7599.5098.50101.00103.75103.25105.50104.75104.75106.50108.50109.50none
Southwest Wyoming Sweet92.4896.3395.3397.73100.59100.00102.37101.61101.64103.26105.29106.43E
Uinta Basin Black Wax86.9890.8389.8392.2396.0995.5097.8797.1197.1498.76100.79101.93B
West Texas Intermediate97.75101.50100.50103.00105.75105.25107.50106.75106.75108.50110.50111.50none
West Texas Sour (34°)93.0096.7595.7598.25101.00100.50102.75102.00102.00103.75105.75106.75none
Western Colorado89.4893.3392.3394.7397.5997.0099.3798.6198.64100.26102.29103.43B
East of the RockiesE76
04/17
E77
04/18
E78
04/21
E79
04/22
E80
04/23
E81
04/24
E82
04/25
E83
04/28
E84
04/29
E85
04/30
 Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax102.86104.69105.48107.37106.30104.06106.52106.75103.63101.46 100.3780
Bonito Sour (Onshore)113.00114.75115.75117.50116.50114.25116.75117.00113.75111.50 110.7500
Deepwater Sour (Onshore) (30°)107.00109.00109.75111.50110.50108.25110.75111.00107.75105.75 104.8167
East Texas111.25113.00114.00115.75114.75112.50115.00115.25112.00110.00 109.0083
Eugene Island Sour (Onshore)112.75114.50115.50117.25116.25114.00116.50116.75113.50111.50 110.5083
Heavy Louisiana Sweet (Onshore)116.25118.25119.00120.75119.75117.50120.00120.25117.00115.00 114.0417
Light Louisiana Sweet (Onshore)116.75118.50119.50121.25120.25118.00120.50120.75117.50115.25 114.5000
New Mexico Intermediate111.50113.25114.25116.00115.00112.75115.25115.50112.25110.25 109.2583
New Mexico Sour (34°)106.75108.50109.50111.25110.25108.00110.50110.75107.50105.50 104.5083
North Texas Sweet111.50113.25114.25116.00115.00112.75115.25115.50112.25110.25 109.2583
Oklahoma Sour106.75108.50109.50111.25110.25108.00110.50110.75107.50105.50 104.5083
Oklahoma Sweet111.50113.25114.25116.00115.00112.75115.25115.50112.25110.25 109.2583
Rocky Mountain Condensate93.8695.6996.4898.3797.3095.0697.5297.7594.6392.46 91.5780
South Texas Light Sweet109.50111.25112.25114.00113.00110.75113.25113.50110.25108.25 107.2583
Southwest Wyoming Sweet106.36108.19108.98110.87109.80107.56110.02110.25107.13104.96 104.0780
Uinta Basin Black Wax101.86103.69104.48106.37105.30103.06105.52105.75102.63100.46 99.3780
West Texas Intermediate111.50113.25114.25116.00115.00112.75115.25115.50112.25110.25 109.2583
West Texas Sour (34°)106.75108.50109.50111.25110.25108.00110.50110.75107.50105.50 104.5083
Western Colorado103.36105.19105.98107.87106.80104.56107.02107.25104.13101.96 101.0780
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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