Chevron
North America Crude Oil Marketing - July 2008 Summary East of the Rockies Bulletins 08-E129 to 08-E150, 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 RockiesE129
07/01
E130
07/02
E131
07/03
E132
07/07
E133
07/08
E134
07/09
E135
07/10
E136
07/11
E137
07/14
E138
07/15
E139
07/16
E140
07/17
Gvty
Adj*
Altamont Yellow Wax128.97131.57133.29129.37123.04123.05128.65132.08132.18125.74121.60116.29B
Bonito Sour (Onshore)140.25142.75144.50140.50135.25135.25140.75144.25144.25138.00133.75128.50A
Deepwater Sour (Onshore) (30°)134.25136.75138.50134.50129.25129.25135.00138.25138.50132.00127.75122.50F,G
East Texas137.50140.00141.75137.75132.50132.50138.00141.50141.50135.25131.00125.75none
Eugene Island Sour (Onshore)140.75143.50145.00141.25135.75135.75141.50145.00145.00138.50134.50129.00A
Heavy Louisiana Sweet (Onshore)143.75146.25148.00144.00138.75138.75144.25147.75147.75141.50137.25132.00A
Light Louisiana Sweet (Onshore)144.25147.00148.75144.75139.50139.50145.00148.50148.50142.00138.00132.75A
New Mexico Intermediate137.75140.25142.00138.00132.75132.75138.25141.75141.75135.50131.25126.00none
New Mexico Sour (34°)133.00135.50137.25133.25128.00128.00133.50137.00137.00130.75126.50121.25none
North Texas Sweet137.75140.25142.00138.00132.75132.75138.25141.75141.75135.50131.25126.00none
Oklahoma Sour133.00135.50137.25133.25128.00128.00133.50137.00137.00130.75126.50121.25none
Oklahoma Sweet137.75140.25142.00138.00132.75132.75138.25141.75141.75135.50131.25126.00none
Rocky Mountain Condensate119.97122.57124.29120.37115.04115.05120.65124.08124.18117.74113.60108.29H
South Texas Light Sweet135.75138.25140.00136.00130.75130.75136.25139.75139.75133.50129.25124.00none
Southwest Wyoming Sweet130.97133.57135.29131.37126.04126.05131.65135.08135.18128.74124.60119.29E
Uinta Basin Black Wax127.97130.57132.29128.37122.04122.05127.65131.08131.18124.74120.60115.29B
West Texas Intermediate137.75140.25142.00138.00132.75132.75138.25141.75141.75135.50131.25126.00none
West Texas Sour (34°)133.00135.50137.25133.25128.00128.00133.50137.00137.00130.75126.50121.25none
Western Colorado129.47132.07133.79129.87124.54124.55130.15133.58133.68127.24123.10117.79B
East of the RockiesE141
07/18
E142
07/21
E143
07/22
E144
07/23
E145
07/24
E146
07/25
E147
07/28
E148
07/29
E149
07/30
E150
07/31
 Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax115.88118.04114.95111.44112.49110.26111.73109.19113.77111.08 121.6442
Bonito Sour (Onshore)128.00130.25127.25123.75124.75122.50124.00121.50126.00123.25 133.6210
Deepwater Sour (Onshore) (30°)122.00124.25121.25117.75118.75116.50118.00115.50120.00117.25 127.6371
East Texas125.25127.50124.25120.75122.00119.75121.25118.50123.25120.50 130.8468
Eugene Island Sour (Onshore)128.75130.75127.75124.25125.25123.00124.50122.00126.50124.00 134.2177
Heavy Louisiana Sweet (Onshore)131.50133.75130.75127.25128.25126.00127.50125.00129.50126.75 137.1210
Light Louisiana Sweet (Onshore)132.25134.50131.25127.75128.75126.75128.00125.50130.25127.50 137.8145
New Mexico Intermediate125.50127.75124.50121.00122.25120.00121.50118.75123.50120.75 131.0968
New Mexico Sour (34°)120.75123.00119.75116.25117.50115.25116.75114.00118.75116.00 126.3468
North Texas Sweet125.50127.75124.50121.00122.25120.00121.50118.75123.50120.75 131.0968
Oklahoma Sour120.75123.00119.75116.25117.50115.25116.75114.00118.75116.00 126.3468
Oklahoma Sweet125.50127.75124.50121.00122.25120.00121.50118.75123.50120.75 131.0968
Rocky Mountain Condensate107.88110.04106.95103.44104.49102.26103.73101.19105.77103.08 113.4184
South Texas Light Sweet123.50125.75122.50119.00120.25118.00119.50116.75121.50118.75 129.0968
Southwest Wyoming Sweet118.88121.04117.95114.44115.49113.26114.73112.19116.77114.08 124.4184
Uinta Basin Black Wax114.88117.04113.95110.44111.49109.26110.73108.19112.77110.08 120.6442
West Texas Intermediate125.50127.75124.50121.00122.25120.00121.50118.75123.50120.75 131.0968
West Texas Sour (34°)120.75123.00119.75116.25117.50115.25116.75114.00118.75116.00 126.3468
Western Colorado117.38119.54116.45112.94113.99111.76113.23110.69115.27112.58 122.9184
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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