Chevron
North America Crude Oil Marketing - June 2008 Summary East of the Rockies Bulletins 08-E107 to 08-E128, 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 RockiesE107
06/01
E108
06/02
E109
06/03
E110
06/04
E111
06/05
E112
06/06
E113
06/09
E114
06/10
E115
06/11
E116
06/12
E117
06/13
E118
06/16
Gvty
Adj*
Altamont Yellow Wax115.35115.76112.31110.30115.79126.54122.35119.31124.38124.74122.86122.61B
Bonito Sour (Onshore)127.00127.50124.00122.00127.50138.25134.00131.00136.00136.50134.50134.25A
Deepwater Sour (Onshore) (30°)120.50121.00117.50115.50121.00131.75127.50124.50129.50130.00128.00127.75F,G
East Texas123.75124.25120.75118.75124.25135.00130.75127.75132.75133.25131.25131.00none
Eugene Island Sour (Onshore)127.00127.50124.00122.00127.50138.25134.00131.00136.00136.50134.50134.25A
Heavy Louisiana Sweet (Onshore)130.00130.50127.00125.00130.50141.25137.00134.00139.00139.50137.50137.25A
Light Louisiana Sweet (Onshore)130.25130.75127.25125.25130.75141.50137.25134.25139.25139.75137.75137.50A
New Mexico Intermediate124.00124.50121.00119.00124.50135.25131.00128.00133.00133.50131.50131.25none
New Mexico Sour (34°)119.25119.75116.25114.25119.75130.50126.25123.25128.25128.75126.75126.50none
North Texas Sweet124.00124.50121.00119.00124.50135.25131.00128.00133.00133.50131.50131.25none
Oklahoma Sour119.25119.75116.25114.25119.75130.50126.25123.25128.25128.75126.75126.50none
Oklahoma Sweet124.00124.50121.00119.00124.50135.25131.00128.00133.00133.50131.50131.25none
Rocky Mountain Condensate106.35106.76103.31101.30106.79117.54113.35110.31115.38115.74113.86113.61H
South Texas Light Sweet122.00122.50119.00117.00122.50133.25129.00126.00131.00131.50129.50129.25none
Southwest Wyoming Sweet118.85119.26115.81113.80119.29130.04125.85122.81127.88128.24126.36124.61E
Uinta Basin Black Wax114.35114.76111.31109.30114.79125.54121.35118.31123.38123.74121.86121.61B
West Texas Intermediate124.00124.50121.00119.00124.50135.25131.00128.00133.00133.50131.50131.25none
West Texas Sour (34°)119.25119.75116.25114.25119.75130.50126.25123.25128.25128.75126.75126.50none
Western Colorado115.85116.26112.81110.80116.29127.04122.85119.81124.88125.24123.36123.11B
East of the RockiesE119
06/17
E120
06/18
E121
06/19
E122
06/20
E123
06/23
E124
06/24
E125
06/25
E126
06/26
E127
06/27
E128
06/30
 Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax122.01124.68119.93122.62124.74125.00122.55127.64128.21128.00 122.6047
Bonito Sour (Onshore)133.75136.25131.50134.25136.50136.75134.25139.25140.00139.75 134.2917
Deepwater Sour (Onshore) (30°)127.25129.75125.00127.75130.00130.25127.75132.75133.50133.25 127.7917
East Texas130.50133.00128.25131.00133.25133.50131.00136.00136.75136.50 131.0417
Eugene Island Sour (Onshore)133.75136.50131.75134.25136.50136.75134.25139.25140.00139.75 134.3083
Heavy Louisiana Sweet (Onshore)136.75139.25134.50137.25139.50139.75137.25142.25143.00142.75 137.2917
Light Louisiana Sweet (Onshore)137.00139.75135.00137.50139.75140.00137.50142.50143.25143.00 137.5583
New Mexico Intermediate130.75133.25128.50131.25133.50133.75131.25136.25137.00136.75 131.2917
New Mexico Sour (34°)126.00128.50123.75126.50128.75129.00126.50131.50132.25132.00 126.5417
North Texas Sweet130.75133.25128.50131.25133.50133.75131.25136.25137.00136.75 131.2917
Oklahoma Sour126.00128.50123.75126.50128.75129.00126.50131.50132.25132.00 126.5417
Oklahoma Sweet130.75133.25128.50131.25133.50133.75131.25136.25137.00136.75 131.2917
Rocky Mountain Condensate113.01115.68110.93113.62115.74116.00113.55118.64119.21119.00 113.6047
South Texas Light Sweet128.75131.25126.50129.25131.50131.75129.25134.25135.00134.75 129.2917
Southwest Wyoming Sweet124.01126.68121.93124.62126.74127.00124.55129.64130.21130.00 125.3547
Uinta Basin Black Wax121.01123.68118.93121.62123.74124.00121.55126.64127.21127.00 121.6047
West Texas Intermediate130.75133.25128.50131.25133.50133.75131.25136.25137.00136.75 131.2917
West Texas Sour (34°)126.00128.50123.75126.50128.75129.00126.50131.50132.25132.00 126.5417
Western Colorado122.51125.18120.43123.12125.24125.50123.05128.14128.71128.50 123.1047
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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