Chevron
North America Crude Oil Marketing - March 2006 Summary East of the Rockies Bulletins 06-E42 to 06-E64, 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. For information on Chevron's most recent posted prices, call Brandon Larsen 832-854-2964.

* Prices are subject to a Gravity Adjustment Scale
East of the RockiesE42
03/01
E43
03/02
E44
03/03
E45
03/06
E46
03/07
E47
03/08
E48
03/09
E49
03/10
E50
03/13
E51
03/14
E52
03/15
E53
03/16
Gvty
Adj*
Altamont Yellow Wax59.4760.8661.1759.9159.0857.5257.9757.4659.2760.6059.6761.08B
Bonito Sour (Onshore)57.0058.5058.7557.5056.7555.0055.5055.0056.7558.2557.2558.75A
Deepwater Sour (Onshore) (30°)52.0053.5053.7552.5051.7550.2550.5050.0052.0053.2552.2553.75F,G
East Texas58.5059.7560.0058.7558.0056.5057.0056.5058.2559.5058.5060.00none
Eugene Island Sour (Onshore)56.7558.0058.5057.2556.2554.7555.2554.7556.5057.7557.0058.25A
Heavy Louisiana Sweet (Onshore)59.5061.0061.2560.0059.2557.5058.0057.5059.2560.7559.7561.25A
Light Louisiana Sweet (Onshore)61.0062.2562.5061.2560.5059.0059.5059.0060.7562.0061.0062.50A
New Mexico Intermediate58.7560.0060.2559.0058.2556.7557.2556.7558.5059.7558.7560.25none
New Mexico Sour (34°)54.0055.2555.5054.2553.5052.0052.5052.0053.7555.0054.0055.50none
North Texas Sweet58.7560.0060.2559.0058.2556.7557.2556.7558.5059.7558.7560.25none
Oklahoma Sour52.0753.4653.7752.5151.6850.1250.5750.0651.8753.2052.2753.68none
Oklahoma Sweet60.5361.9262.2360.9760.1458.5859.0358.5260.3361.6660.7362.14none
South Texas Light Sweet56.7558.0058.2557.0056.2554.7555.2554.7556.5057.7556.7558.25none
Southwest Wyoming Sweet62.7264.1164.4263.1662.3360.7761.2260.7162.5263.8562.9264.33E
Uinta Basin Black Wax52.9754.3654.6753.4152.5851.0251.4750.9652.7754.1053.1754.58B
West Texas Intermediate58.7560.0060.2559.0058.2556.7557.2556.7558.5059.7558.7560.25none
West Texas Sour (34°)54.0055.2555.5054.2553.5052.0052.5052.0053.7555.0054.0055.50none
Western Colorado62.4663.8564.1657.4156.5855.0255.4754.9651.7753.1052.1753.58B
East of the RockiesE54
03/17
E55
03/20
E56
03/21
E57
03/22
E58
03/23
E59
03/24
E60
03/27
E61
03/28
E62
03/29
E63
03/30
E64
03/31
Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax60.2757.9258.0759.2761.4161.7661.6663.5763.9564.6564.1360.3884
Bonito Sour (Onshore)57.7555.5055.7556.7559.0059.2559.2561.2561.5062.2561.7557.9516
Deepwater Sour (Onshore) (30°)53.0050.5050.7552.0054.0054.5054.2556.2556.5057.2556.7553.0242
East Texas59.2556.7557.0058.2560.2560.7560.5062.5062.7563.5063.0059.3145
Eugene Island Sour (Onshore)57.5055.2555.2556.5058.7559.0059.0060.7561.2562.0061.2557.6452
Heavy Louisiana Sweet (Onshore)60.2558.0058.2559.2561.5061.7561.7563.7564.0064.7564.2560.4516
Light Louisiana Sweet (Onshore)61.7559.2559.5060.7562.7563.2563.0065.0065.2566.0065.5061.8145
New Mexico Intermediate59.5057.0057.2558.5060.5061.0060.7562.7563.0063.7563.2559.5645
New Mexico Sour (34°)54.7552.2552.5053.7555.7556.2556.0058.0058.2559.0058.5054.8145
North Texas Sweet59.5057.0057.2558.5060.5061.0060.7562.7563.0063.7563.2559.5645
Oklahoma Sour52.8750.5250.6751.8754.0154.3654.2656.1756.5557.2556.7352.9884
Oklahoma Sweet61.3358.9859.1360.3362.4762.8262.7264.6365.0165.7165.1961.4484
South Texas Light Sweet57.5055.0055.2556.5058.5059.0058.7560.7561.0061.7561.2557.5645
Southwest Wyoming Sweet63.5261.1761.3262.5264.6665.0164.9166.8267.2067.9067.3863.6384
Uinta Basin Black Wax53.7751.4251.5752.7754.9155.2655.1657.0757.4558.1557.6353.8884
West Texas Intermediate59.5057.0057.2558.5060.5061.0060.7562.7563.0063.7563.2559.5645
West Texas Sour (34°)54.7552.2552.5053.7555.7556.2556.0058.0058.2559.0058.5054.8145
Western Colorado52.7750.4250.5751.7753.9154.2654.1656.0756.4557.1556.6355.7094
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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