Chevron
North America Crude Oil Marketing - December 2013 Summary East of the Rockies Bulletins 13-E232 to 13-E252, 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 RockiesE232
12/02
E233
12/03
E234
12/04
E235
12/05
E236
12/06
E237
12/09
E238
12/10
E239
12/11
E240
12/12
E241
12/13
E242
12/16
Gvty
Adj*
Altamont Yellow Wax76.8279.0480.2080.3880.6580.3481.5180.4480.5079.6080.48
Rocky Mountain Condensate81.8284.0485.2085.3885.6585.3486.5185.4485.5084.6085.48
Southwest Wyoming Sweet85.3287.5488.7088.8889.1588.8490.0188.9489.0088.1088.98
Uinta Basin Black Wax75.8278.0479.2079.3879.6579.3480.5179.4479.5078.6079.48
Western Colorado82.8285.0486.2086.3886.6586.3487.5186.4486.5085.6086.48
East of the RockiesE243
12/17
E244
12/18
E245
12/19
E246
12/20
E247
12/23
E248
12/24
E249
12/26
E250
12/27
E251
12/30
E252
12/31
Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax80.2280.8081.7782.3281.9182.2282.5583.3282.2981.4280.9355
Rocky Mountain Condensate85.2285.8086.7787.3286.9187.2287.5588.3287.2986.4285.9355
Southwest Wyoming Sweet88.7289.3090.2790.8290.4190.7291.0591.8290.7989.9289.4355
Uinta Basin Black Wax79.2279.8080.7781.3280.9181.2281.5582.3281.2980.4279.9355
Western Colorado86.2286.8087.7788.3287.9188.2288.5589.3288.2987.4286.9355
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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