Chevron Crude Oil Marketing - North America - November 2007 East of the Rockies Summary

North America Crude Oil Marketing - November 2007 Summary East of the Rockies Bulletins 07-E216 to 07-E236, 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.

POSTINGS WILL BE DISCONTINUED AS OF 8/1/19

* Prices are subject to a Gravity Adjustment Scale

East of the Rockies	E216 11/01	E217 11/02	E218 11/05	E219 11/06	E220 11/07	E221 11/08	E222 11/09	E223 11/12	E224 11/13	E225 11/14	E226 11/15	Gvty Adj*
Altamont Yellow Wax	79.49	81.93	79.98	82.70	82.37	81.46	82.32	80.62	77.17	80.09	79.43	B
Bonito Sour (Onshore)	90.00	92.50	90.50	93.25	93.00	92.00	93.00	91.25	87.75	90.75	90.00	A
Deepwater Sour (Onshore) (30ï¿½)	82.75	85.25	83.25	86.00	85.75	84.75	85.75	84.00	80.50	83.50	82.75	F,G
East Texas	90.00	92.25	90.50	93.00	92.75	92.00	92.75	91.00	87.50	90.50	89.75	none
Eugene Island Sour (Onshore)	90.00	92.50	90.50	93.25	93.00	92.00	93.00	91.25	87.75	90.75	90.00	A
Heavy Louisiana Sweet (Onshore)	92.00	94.50	92.50	95.25	95.00	94.00	95.00	93.25	89.75	92.75	92.00	A
Light Louisiana Sweet (Onshore)	93.75	96.00	94.25	97.00	96.50	95.75	96.50	94.75	91.25	94.25	93.50	A
New Mexico Intermediate	90.25	92.50	90.75	93.25	93.00	92.25	93.00	91.25	87.75	90.75	90.00	none
New Mexico Sour (34ï¿½)	85.50	87.75	86.00	88.50	88.25	87.50	88.25	86.50	83.00	86.00	85.25	none
North Texas Sweet	90.25	92.50	90.75	93.25	93.00	92.25	93.00	91.25	87.75	90.75	90.00	none
Oklahoma Sour	85.50	87.75	86.00	88.50	88.25	87.50	88.25	86.50	83.00	86.00	85.25	none
Oklahoma Sweet	90.25	92.50	90.75	93.25	93.00	92.25	93.00	91.25	87.75	90.75	90.00	none
South Texas Light Sweet	88.25	90.50	88.75	91.25	91.00	90.25	91.00	89.25	85.75	88.75	88.00	none
Southwest Wyoming Sweet	85.49	87.93	85.98	88.70	88.37	87.46	88.32	86.62	83.17	86.09	85.43	E
Uinta Basin Black Wax	79.49	81.93	79.98	82.70	82.37	81.46	82.32	80.62	77.17	80.09	79.43	B
West Texas Intermediate	90.25	92.50	90.75	93.25	93.00	92.25	93.00	91.25	87.75	90.75	90.00	none
West Texas Sour (34ï¿½)	85.50	87.75	86.00	88.50	88.25	87.50	88.25	86.50	83.00	86.00	85.25	none
Western Colorado	83.49	85.93	83.98	86.70	86.37	85.46	86.32	84.62	81.17	84.09	83.43	B

East of the Rockies	E227 11/16	E228 11/19	E229 11/20	E230 11/21	E231 11/23	E232 11/26	E233 11/27	E234 11/28	E235 11/29	E236 11/30	Mthly Avg
Altamont Yellow Wax	81.10	80.64	84.03	83.29	84.18	83.70	80.42	76.62	77.01	74.71	81.1870
Bonito Sour (Onshore)	91.75	91.25	94.50	93.75	94.75	94.25	91.00	87.25	87.50	85.25	91.7667
Deepwater Sour (Onshore) (30ï¿½)	84.50	84.00	87.50	86.75	87.50	87.00	83.75	80.00	80.50	78.00	84.5500
East Texas	91.50	91.00	94.50	93.75	94.50	94.00	90.75	87.00	87.50	85.25	91.5833
Eugene Island Sour (Onshore)	91.75	91.25	94.50	93.75	94.75	94.25	91.00	87.25	87.50	85.25	91.7667
Heavy Louisiana Sweet (Onshore)	93.75	93.25	96.75	96.00	96.75	96.25	93.00	89.25	89.75	87.25	93.8000
Light Louisiana Sweet (Onshore)	95.25	94.75	98.25	97.50	98.25	98.00	94.50	90.75	91.25	89.00	95.3500
New Mexico Intermediate	91.75	91.25	94.75	94.00	94.75	94.25	91.00	87.25	87.75	85.50	91.8333
New Mexico Sour (34ï¿½)	87.00	86.50	90.00	89.25	90.00	89.50	86.25	82.50	83.00	80.75	87.0833
North Texas Sweet	91.75	91.25	94.75	94.00	94.75	94.25	91.00	87.25	87.75	85.50	91.8333
Oklahoma Sour	87.00	86.50	90.00	89.25	90.00	89.50	86.25	82.50	83.00	80.75	87.0833
Oklahoma Sweet	91.75	91.25	94.75	94.00	94.75	94.25	91.00	87.25	87.75	85.50	91.8333
South Texas Light Sweet	89.75	89.25	92.75	92.00	92.75	92.25	89.00	85.25	85.75	83.50	89.8333
Southwest Wyoming Sweet	87.10	86.64	90.03	89.29	90.18	89.70	86.42	82.62	83.01	80.71	87.1870
Uinta Basin Black Wax	81.10	80.64	84.03	83.29	84.18	83.70	80.42	76.62	77.01	74.71	81.1870
West Texas Intermediate	91.75	91.25	94.75	94.00	94.75	94.25	91.00	87.25	87.75	85.50	91.8333
West Texas Sour (34ï¿½)	87.00	86.50	90.00	89.25	90.00	89.50	86.25	82.50	83.00	80.75	87.0833
Western Colorado	85.10	84.64	88.03	87.29	88.18	87.70	84.42	80.62	81.01	78.71	85.1870

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.