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

North America Crude Oil Marketing - December 2007 Summary East of the Rockies Bulletins 07-E237 to 07-E257, 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	E237 12/01	E238 12/03	E239 12/04	E240 12/05	E241 12/06	E242 12/07	E243 12/10	E244 12/11	E245 12/12	E246 12/13	E247 12/14	Gvty Adj*
Altamont Yellow Wax	74.71	75.31	74.32	73.49	76.73	74.78	74.36	76.52	80.89	78.75	77.77	B
Bonito Sour (Onshore)	84.75	85.25	84.25	83.50	86.25	84.25	83.75	86.00	90.50	88.25	87.25	A
Deepwater Sour (Onshore) (30ï¿½)	78.50	79.00	78.25	77.25	80.00	78.00	77.75	79.75	84.25	82.00	81.00	F,G
East Texas	85.25	85.75	84.75	84.00	86.75	84.75	84.25	86.50	90.75	88.75	87.75	none
Eugene Island Sour (Onshore)	84.75	85.25	84.25	83.50	86.25	84.25	83.75	86.00	90.25	88.25	87.25	A
Heavy Louisiana Sweet (Onshore)	87.75	88.25	87.25	86.50	89.25	87.25	87.00	89.00	93.50	91.25	90.25	A
Light Louisiana Sweet (Onshore)	89.25	89.75	88.75	88.00	90.75	88.75	88.25	90.50	94.75	92.75	91.75	A
New Mexico Intermediate	85.50	86.00	85.00	84.25	87.00	85.00	84.50	86.75	91.00	89.00	88.00	none
New Mexico Sour (34ï¿½)	80.75	81.25	80.25	79.50	82.25	80.25	79.75	82.00	86.25	84.25	83.25	none
North Texas Sweet	85.50	86.00	85.00	84.25	87.00	85.00	84.50	86.75	91.00	89.00	88.00	none
Oklahoma Sour	80.75	81.25	80.25	79.50	82.25	80.25	79.75	82.00	86.25	84.25	83.25	none
Oklahoma Sweet	85.50	86.00	85.00	84.25	87.00	85.00	84.50	86.75	91.00	89.00	88.00	none
Rocky Mountain Condensate												H
South Texas Light Sweet	83.50	84.00	83.00	82.25	85.00	83.00	82.50	84.75	89.00	87.00	86.00	none
Southwest Wyoming Sweet	80.71	81.31	80.32	79.49	81.73	79.78	79.36	81.52	85.89	83.75	82.77	E
Uinta Basin Black Wax	74.71	75.31	74.32	73.49	75.73	73.78	73.36	75.52	79.89	77.75	76.77	B
West Texas Intermediate	85.50	86.00	85.00	84.25	87.00	85.00	84.50	86.75	91.00	89.00	88.00	none
West Texas Sour (34ï¿½)	80.75	81.25	80.25	79.50	82.25	80.25	79.75	82.00	86.25	84.25	83.25	none
Western Colorado	78.71	79.31	78.32	77.49	78.23	76.28	75.86	78.02	82.39	80.25	79.27	B

East of the Rockies	E248 12/17	E249 12/18	E250 12/19	E251 12/20	E252 12/21	E253 12/24	E254 12/26	E255 12/27	E256 12/28	E257 12/31	Mthly Avg
Altamont Yellow Wax	77.13	76.99	77.74	77.56	79.81	80.63	82.47	83.12	82.50	82.48	78.1652
Bonito Sour (Onshore)	86.75	86.50	87.25	87.00	89.25	90.25	92.00	92.50	92.00	92.00	87.7419
Deepwater Sour (Onshore) (30ï¿½)	80.50	80.25	81.00	80.75	83.00	84.00	85.75	86.50	85.75	85.75	81.5161
East Texas	87.00	87.00	87.75	87.50	89.75	90.50	92.50	93.00	92.50	92.50	88.2097
Eugene Island Sour (Onshore)	86.50	86.50	87.25	87.00	89.25	90.00	92.00	92.50	92.00	92.00	87.7097
Heavy Louisiana Sweet (Onshore)	89.75	89.50	90.25	90.00	92.25	93.25	95.00	95.75	95.00	95.00	90.7581
Light Louisiana Sweet (Onshore)	91.00	91.00	91.75	91.50	93.75	94.50	96.50	97.00	96.50	96.50	92.2097
New Mexico Intermediate	87.25	87.25	88.00	87.75	90.00	90.75	92.75	93.25	92.75	92.75	88.4597
New Mexico Sour (34ï¿½)	82.50	82.50	83.25	83.00	85.25	86.00	88.00	88.50	88.00	88.00	83.7097
North Texas Sweet	87.25	87.25	88.00	87.75	90.00	90.75	92.75	93.25	92.75	92.75	88.4597
Oklahoma Sour	82.50	82.50	83.25	83.00	85.25	86.00	88.00	88.50	88.00	88.00	83.7097
Oklahoma Sweet	87.25	87.25	88.00	87.75	90.00	90.75	92.75	93.25	92.75	92.75	88.4597
Rocky Mountain Condensate			0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	.0000
South Texas Light Sweet	85.25	85.25	86.00	85.75	88.00	88.75	90.75	91.25	90.75	90.75	86.4597
Southwest Wyoming Sweet	82.13	81.99	82.74	82.56	84.81	85.63	87.47	88.12	87.50	87.48	83.3265
Uinta Basin Black Wax	76.13	75.99	76.74	76.56	78.81	79.63	81.47	82.12	81.50	81.48	77.3265
West Texas Intermediate	87.25	87.25	88.00	87.75	90.00	90.75	92.75	93.25	92.75	92.75	88.4597
West Texas Sour (34ï¿½)	82.50	82.50	83.25	83.00	85.25	86.00	88.00	88.50	88.00	88.00	83.7097
Western Colorado	78.63	78.49	79.24	79.06	81.31	82.13	83.97	84.62	84.00	83.98	80.0684

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.