Chevron Crude Oil Marketing - North America - July 2008 East of the Rockies Summary

North America Crude Oil Marketing - July 2008 Summary East of the Rockies Bulletins 08-E129 to 08-E150, 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	E129 07/01	E130 07/02	E131 07/03	E132 07/07	E133 07/08	E134 07/09	E135 07/10	E136 07/11	E137 07/14	E138 07/15	E139 07/16	E140 07/17	Gvty Adj*
Altamont Yellow Wax	128.97	131.57	133.29	129.37	123.04	123.05	128.65	132.08	132.18	125.74	121.60	116.29	B
Bonito Sour (Onshore)	140.25	142.75	144.50	140.50	135.25	135.25	140.75	144.25	144.25	138.00	133.75	128.50	A
Deepwater Sour (Onshore) (30ï¿½)	134.25	136.75	138.50	134.50	129.25	129.25	135.00	138.25	138.50	132.00	127.75	122.50	F,G
East Texas	137.50	140.00	141.75	137.75	132.50	132.50	138.00	141.50	141.50	135.25	131.00	125.75	none
Eugene Island Sour (Onshore)	140.75	143.50	145.00	141.25	135.75	135.75	141.50	145.00	145.00	138.50	134.50	129.00	A
Heavy Louisiana Sweet (Onshore)	143.75	146.25	148.00	144.00	138.75	138.75	144.25	147.75	147.75	141.50	137.25	132.00	A
Light Louisiana Sweet (Onshore)	144.25	147.00	148.75	144.75	139.50	139.50	145.00	148.50	148.50	142.00	138.00	132.75	A
New Mexico Intermediate	137.75	140.25	142.00	138.00	132.75	132.75	138.25	141.75	141.75	135.50	131.25	126.00	none
New Mexico Sour (34ï¿½)	133.00	135.50	137.25	133.25	128.00	128.00	133.50	137.00	137.00	130.75	126.50	121.25	none
North Texas Sweet	137.75	140.25	142.00	138.00	132.75	132.75	138.25	141.75	141.75	135.50	131.25	126.00	none
Oklahoma Sour	133.00	135.50	137.25	133.25	128.00	128.00	133.50	137.00	137.00	130.75	126.50	121.25	none
Oklahoma Sweet	137.75	140.25	142.00	138.00	132.75	132.75	138.25	141.75	141.75	135.50	131.25	126.00	none
Rocky Mountain Condensate	119.97	122.57	124.29	120.37	115.04	115.05	120.65	124.08	124.18	117.74	113.60	108.29	H
South Texas Light Sweet	135.75	138.25	140.00	136.00	130.75	130.75	136.25	139.75	139.75	133.50	129.25	124.00	none
Southwest Wyoming Sweet	130.97	133.57	135.29	131.37	126.04	126.05	131.65	135.08	135.18	128.74	124.60	119.29	E
Uinta Basin Black Wax	127.97	130.57	132.29	128.37	122.04	122.05	127.65	131.08	131.18	124.74	120.60	115.29	B
West Texas Intermediate	137.75	140.25	142.00	138.00	132.75	132.75	138.25	141.75	141.75	135.50	131.25	126.00	none
West Texas Sour (34ï¿½)	133.00	135.50	137.25	133.25	128.00	128.00	133.50	137.00	137.00	130.75	126.50	121.25	none
Western Colorado	129.47	132.07	133.79	129.87	124.54	124.55	130.15	133.58	133.68	127.24	123.10	117.79	B

East of the Rockies	E141 07/18	E142 07/21	E143 07/22	E144 07/23	E145 07/24	E146 07/25	E147 07/28	E148 07/29	E149 07/30	E150 07/31	Mthly Avg
Altamont Yellow Wax	115.88	118.04	114.95	111.44	112.49	110.26	111.73	109.19	113.77	111.08	121.6442
Bonito Sour (Onshore)	128.00	130.25	127.25	123.75	124.75	122.50	124.00	121.50	126.00	123.25	133.6210
Deepwater Sour (Onshore) (30ï¿½)	122.00	124.25	121.25	117.75	118.75	116.50	118.00	115.50	120.00	117.25	127.6371
East Texas	125.25	127.50	124.25	120.75	122.00	119.75	121.25	118.50	123.25	120.50	130.8468
Eugene Island Sour (Onshore)	128.75	130.75	127.75	124.25	125.25	123.00	124.50	122.00	126.50	124.00	134.2177
Heavy Louisiana Sweet (Onshore)	131.50	133.75	130.75	127.25	128.25	126.00	127.50	125.00	129.50	126.75	137.1210
Light Louisiana Sweet (Onshore)	132.25	134.50	131.25	127.75	128.75	126.75	128.00	125.50	130.25	127.50	137.8145
New Mexico Intermediate	125.50	127.75	124.50	121.00	122.25	120.00	121.50	118.75	123.50	120.75	131.0968
New Mexico Sour (34ï¿½)	120.75	123.00	119.75	116.25	117.50	115.25	116.75	114.00	118.75	116.00	126.3468
North Texas Sweet	125.50	127.75	124.50	121.00	122.25	120.00	121.50	118.75	123.50	120.75	131.0968
Oklahoma Sour	120.75	123.00	119.75	116.25	117.50	115.25	116.75	114.00	118.75	116.00	126.3468
Oklahoma Sweet	125.50	127.75	124.50	121.00	122.25	120.00	121.50	118.75	123.50	120.75	131.0968
Rocky Mountain Condensate	107.88	110.04	106.95	103.44	104.49	102.26	103.73	101.19	105.77	103.08	113.4184
South Texas Light Sweet	123.50	125.75	122.50	119.00	120.25	118.00	119.50	116.75	121.50	118.75	129.0968
Southwest Wyoming Sweet	118.88	121.04	117.95	114.44	115.49	113.26	114.73	112.19	116.77	114.08	124.4184
Uinta Basin Black Wax	114.88	117.04	113.95	110.44	111.49	109.26	110.73	108.19	112.77	110.08	120.6442
West Texas Intermediate	125.50	127.75	124.50	121.00	122.25	120.00	121.50	118.75	123.50	120.75	131.0968
West Texas Sour (34ï¿½)	120.75	123.00	119.75	116.25	117.50	115.25	116.75	114.00	118.75	116.00	126.3468
Western Colorado	117.38	119.54	116.45	112.94	113.99	111.76	113.23	110.69	115.27	112.58	122.9184

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.