Chevron
North America Crude Oil Marketing - August 2008 Summary East of the Rockies Bulletins 08-E151 to 08-E171, 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 RockiesE151
08/01
E152
08/04
E153
08/05
E154
08/06
E155
08/07
E156
08/08
E157
08/11
E158
08/12
E159
08/13
E160
08/14
E161
08/15
Gvty
Adj*
Altamont Yellow Wax112.10108.41106.17105.58107.02102.20101.45100.01103.00102.01100.77B
Bonito Sour (Onshore)124.25120.50118.25117.75119.25114.25113.50112.25115.25114.25113.00A
Deepwater Sour (Onshore) (30°)119.25115.50113.25112.50114.00109.25108.50107.00110.00109.00107.75F,G
East Texas121.50117.75115.50115.00116.50111.50110.75109.50112.50111.50110.25none
Eugene Island Sour (Onshore)124.50120.75118.50117.75119.25114.50113.75112.25115.25114.25113.00A
Heavy Louisiana Sweet (Onshore)127.00123.25121.00120.50121.75117.00116.25114.75117.75116.75115.50A
Light Louisiana Sweet (Onshore)128.00124.25122.00121.50123.00118.00117.25116.00119.00118.00116.75A
New Mexico Intermediate121.75118.00115.75115.25116.75111.75111.00109.75112.75111.75110.50none
New Mexico Sour (34°)117.00113.25111.00110.50112.00107.00106.25105.00108.00107.00105.75none
North Texas Sweet121.75118.00115.75115.25116.75111.75111.00109.75112.75111.75110.50none
Oklahoma Sour117.00113.25111.00110.50112.00107.00106.25105.00108.00107.00105.75none
Oklahoma Sweet121.75118.00115.75115.25116.75111.75111.00109.75112.75111.75110.50none
Rocky Mountain Condensate104.10100.4198.1797.5899.0294.2093.4592.0194.0093.0191.77H
South Texas Light Sweet119.75116.00113.75113.25114.75109.75109.00107.75110.75109.75108.50none
Southwest Wyoming Sweet115.10111.41109.17108.58110.02105.20104.45103.01104.00103.01101.77E
Uinta Basin Black Wax111.10107.41105.17104.58106.02101.20100.4599.01102.00101.0199.77B
West Texas Intermediate121.75118.00115.75115.25116.75111.75111.00109.75112.75111.75110.50none
West Texas Sour (34°)117.00113.25111.00110.50112.00107.00106.25105.00108.00107.00105.75none
Western Colorado113.60109.91107.67107.08108.52103.70102.95101.51103.00102.01100.77B
East of the RockiesE162
08/18
E163
08/19
E164
08/20
E165
08/21
E166
08/22
E167
08/25
E168
08/26
E169
08/27
E170
08/28
E171
08/29
Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax99.87101.53101.98108.18101.59102.11103.27105.15102.59102.46103.7319
Bonito Sour (Onshore)112.00113.75114.25120.25113.75114.25115.50117.25114.75114.75115.9032
Deepwater Sour (Onshore) (30°)107.00108.50109.00115.25108.75109.25110.25112.25109.75109.50110.7903
East Texas109.25111.00111.50117.50111.00111.50112.75114.50112.00112.00113.1532
Eugene Island Sour (Onshore)112.25113.75114.25120.50114.00114.50115.50117.50115.00114.75116.0403
Heavy Louisiana Sweet (Onshore)114.75116.25116.75123.00116.50117.00118.00120.00117.50117.25118.5484
Light Louisiana Sweet (Onshore)115.75117.50118.00124.00117.50118.00119.25121.00118.50118.25119.6290
New Mexico Intermediate109.50111.25111.75117.75111.25111.75113.00114.75112.25112.25113.4032
New Mexico Sour (34°)104.75106.50107.00113.00106.50107.00108.25110.00107.50107.50108.6532
North Texas Sweet109.50111.25111.75117.75111.25111.75113.00114.75112.25112.25113.4032
Oklahoma Sour104.75106.50107.00113.00106.50107.00108.25110.00107.50107.50108.6532
Oklahoma Sweet109.50111.25111.75117.75111.25111.75113.00114.75112.25112.25113.4032
Rocky Mountain Condensate90.8792.5392.9899.1892.5993.1194.2796.1593.5993.4695.1190
South Texas Light Sweet107.50109.25109.75115.75109.25109.75111.00112.75110.25110.25111.4032
Southwest Wyoming Sweet100.87102.53100.98107.18100.59101.11102.27104.15101.59101.46104.7319
Uinta Basin Black Wax98.87100.53100.98107.18100.59101.11102.27104.15101.59101.46102.7319
West Texas Intermediate109.50111.25111.75117.75111.25111.75113.00114.75112.25112.25113.4032
West Texas Sour (34°)104.75106.50107.00113.00106.50107.00108.25110.00107.50107.50108.6532
Western Colorado99.87101.53101.98108.18101.59102.11103.27105.15102.59102.46104.3126
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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