Chevron Crude Oil Marketing - North America - October 2007 California Summary

North America Crude Oil Marketing - October 2007 Summary California Bulletins 07-CA184 to 07-CA206, 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	CA184 10/01	CA185 10/02	CA186 10/03	CA187 10/04	CA188 10/05	CA189 10/08	CA190 10/09	CA191 10/10	CA192 10/11	CA193 10/12	CA194 10/15	CA195 10/16
Buena Vista Hills	75.20	75.05	74.95	76.40	76.15	73.95	75.20	76.20	78.00	78.60	81.05	82.50
Coalinga	69.85	69.70	69.60	71.05	70.80	68.60	69.85	70.85	72.65	73.25	75.70	77.15
Huntington Beach	71.40	71.25	71.15	72.60	72.35	70.15	71.40	72.40	74.20	74.80	77.25	78.70
Kettleman Hills	78.70	78.55	78.45	79.90	79.65	77.45	78.70	79.70	81.50	82.10	84.55	86.00
Lost Hills	76.95	76.80	76.70	78.15	77.90	75.70	76.95	77.95	79.75	80.35	82.80	84.25
McKittrick	69.10	68.95	68.85	70.30	70.05	67.85	69.10	70.10	71.90	72.50	74.95	76.40
Midway Sunset	69.10	68.95	68.85	70.30	70.05	67.85	69.10	70.10	71.90	72.50	74.95	76.40
Seal Beach	76.20	76.05	75.95	77.40	77.15	74.95	76.20	77.20	79.00	79.60	82.05	83.50

California	CA196 10/17	CA197 10/18	CA198 10/19	CA199 10/22	CA200 10/23	CA201 10/24	CA202 10/25	CA203 10/26	CA204 10/29	CA205 10/30	CA206 10/31	Mthly Avg
Buena Vista Hills	82.30	84.35	83.45	82.35	80.05	81.85	85.20	86.40	88.05	84.85	88.90	80.6516
Coalinga	76.95	79.00	78.10	77.00	74.70	76.50	79.85	81.05	82.70	79.50	83.55	75.3016
Huntington Beach	78.50	80.55	79.65	78.55	76.25	78.05	81.40	82.60	84.25	81.05	85.10	76.8516
Kettleman Hills	85.80	87.85	86.95	85.85	83.55	85.35	88.70	89.90	91.55	88.35	92.40	84.1516
Lost Hills	84.05	86.10	85.20	84.10	81.80	83.60	86.95	88.15	89.80	86.60	90.65	82.4016
McKittrick	76.20	78.25	77.35	76.25	73.95	75.75	79.10	80.30	81.95	78.75	82.80	74.5516
Midway Sunset	76.20	78.25	77.35	76.25	73.95	75.75	79.10	80.30	81.95	78.75	82.80	74.5516
Seal Beach	83.30	85.35	84.45	83.35	81.05	82.85	86.20	87.40	89.05	85.85	89.90	81.6516

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.