Chevron Crude Oil Marketing - North America - April 2001 California Summary

North America Crude Oil Marketing - April 2001 Summary California Bulletins 01-CA21 to 01-CA27, with Monthly Averages

Chevron has changed its posted prices as shown below:

Effective 7:00 AM on the above listed effective date, subject to change without notice, Chevron will pay the following prices per barrel for crude oil and condensate delivered for its account into the custody of its authorized carrier or receiving agent. Prices are subject to deduction for transportation and other charges where applicable. Prices for oil apply to quantities measured by approved automatic custody transfer facilities or 100% tank table with customary adjustment of volume and gravity for temperature and full deduction for sediment and water.

* Prices are subject to a Gravity Adjustment Scale

California	CA21 04/02	CA22 04/04	CA23 04/10	CA24 04/16
Asphalto	22.50	23.50	25.00	25.50
Belridge Hvy (under 28ï¿½)	19.40	20.40	21.90	22.40
Belridge Lt (over 28ï¿½)	22.35	23.35	24.85	25.35
Buena Vista Hills	21.45	22.45	23.95	24.45
Cal Canal	23.30	24.30	25.80	26.30
Coalinga	19.70	20.70	22.20	22.70
Cymric	19.10	20.10	21.60	22.10
Huntington Beach	20.20	21.20	22.70	23.20
Kern River	19.25	20.25	21.75	22.25
Kettleman Hills	22.70	23.70	25.20	25.70
Lost Hills	22.30	23.30	24.80	25.30
McKittrick	19.25	20.25	21.75	22.25
Midway Sunset	19.25	20.25	21.75	22.25
Montebello	21.00	22.00	23.50	24.00
Pt Arguello (onshore)	15.90	16.90	18.40	18.90
Railroad Gap	22.40	23.40	24.90	25.40
Seal Beach	21.85	22.85	24.35	24.85

California	CA25 04/20	CA26 04/24	CA27 04/26	Mthly Avg
Asphalto	25.00	24.50	25.25	24.5417
Belridge Hvy (under 28ï¿½)	21.90	21.40	22.15	21.4417
Belridge Lt (over 28ï¿½)	24.85	24.35	25.10	24.3917
Buena Vista Hills	23.95	23.45	24.20	23.4917
Cal Canal	25.80	25.30	26.05	25.3417
Coalinga	22.20	21.70	22.45	21.7417
Cymric	21.60	21.10	21.85	21.1417
Huntington Beach	22.70	22.20	22.95	22.2417
Kern River	21.75	21.25	22.00	21.2917
Kettleman Hills	25.20	24.70	25.45	24.7417
Lost Hills	24.80	24.30	25.05	24.3417
McKittrick	21.75	21.25	22.00	21.2917
Midway Sunset	21.75	21.25	22.00	21.2917
Montebello	23.50	23.00	23.75	23.0417
Pt Arguello (onshore)	18.40	17.90	18.65	17.9417
Railroad Gap	24.90	24.40	25.15	24.4417
Seal Beach	24.35	23.85	24.60	23.8917

Note: Prices in $/bbl

Measurement
The prices are based upon computation of quantities by mutually acceptable automatic measuring equipment in accordance with the latest ASTM Standards and API Manual of Petroleum Measurement Standards (MPMS) generally accepted in the petroleum industry with deductions for full sediment, water and other impurities.