Chevron Crude Oil Marketing - North America - April 2009 East of the Rockies Summary

North America Crude Oil Marketing - April 2009 Summary East of the Rockies Bulletins 09-E65 to 09-E85, 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	E65 04/01	E66 04/02	E67 04/03	E68 04/06	E69 04/07	E70 04/08	E71 04/09	E72 04/13	E73 04/14	E74 04/15	E75 04/16	Gvty Adj*
Altamont Yellow Wax	36.39	40.64	40.51	39.05	37.15	37.38	40.24	39.05	38.41	38.25	38.98	B
Bonito Sour (Onshore)	46.25	50.50	50.50	49.00	47.00	47.25	50.25	48.00	47.25	47.25	47.75	A
Deepwater Sour (Onshore) (30ï¿½)	45.25	49.50	49.25	47.75	46.00	46.25	49.00	46.75	46.25	46.00	46.75	F,G
East Texas	44.75	49.00	49.00	47.50	45.50	45.75	48.75	46.50	45.75	45.75	46.50	none
Eugene Island Sour (Onshore)	46.25	50.50	50.25	48.75	47.00	47.25	50.00	47.75	47.25	47.00	47.75	A
Heavy Louisiana Sweet (Onshore)	47.75	52.00	51.75	50.25	48.50	48.75	51.50	49.25	48.75	48.50	49.25	A
Light Louisiana Sweet (Onshore)	49.00	53.25	53.00	51.50	49.75	50.00	52.75	50.50	50.00	49.75	50.50	A
New Mexico Intermediate	45.00	49.25	49.25	47.75	45.75	46.00	49.00	46.75	46.00	46.00	46.75	none
New Mexico Sour (34ï¿½)	40.25	44.50	44.50	43.00	41.00	41.25	44.25	42.00	41.25	41.25	42.00	none
North Texas Sweet	45.00	49.25	49.25	47.75	45.75	46.00	49.00	46.75	46.00	46.00	46.75	none
Oklahoma Sour	40.25	44.50	44.50	43.00	41.00	41.25	44.25	42.00	41.25	41.25	42.00	none
Oklahoma Sweet	45.00	49.25	49.25	47.75	45.75	46.00	49.00	46.75	46.00	46.00	46.75	none
Rocky Mountain Condensate	29.39	33.64	33.51	32.05	30.15	30.38	33.24	33.05	32.41	32.25	32.98	H
South Texas Light Sweet	43.00	47.25	47.25	45.75	43.75	44.00	47.00	44.75	44.00	44.00	44.75	none
Southwest Wyoming Sweet	35.39	39.64	39.51	38.05	36.15	36.38	39.24	38.55	37.91	37.75	38.48	E
Uinta Basin Black Wax	35.39	39.64	39.51	38.05	36.15	36.38	39.24	38.05	37.41	37.25	37.98	B
West Texas Intermediate	45.00	49.25	49.25	47.75	45.75	46.00	49.00	46.75	46.00	46.00	46.75	none
West Texas Sour (34ï¿½)	40.25	44.50	44.50	43.00	41.00	41.25	44.25	42.00	41.25	41.25	42.00	none
Western Colorado	36.14	40.39	40.26	38.80	36.90	37.13	39.99	39.05	38.41	38.25	38.98	B

East of the Rockies	E76 04/17	E77 04/20	E78 04/21	E79 04/22	E80 04/23	E81 04/24	E82 04/27	E83 04/28	E84 04/29	E85 04/30	Mthly Avg
Altamont Yellow Wax	39.33	34.88	35.51	37.85	38.62	40.55	39.14	38.92	39.97	40.12	39.0813
Bonito Sour (Onshore)	48.25	43.75	44.50	46.75	47.50	49.50	48.00	47.75	48.75	49.00	48.4000
Deepwater Sour (Onshore) (30ï¿½)	47.00	42.75	43.25	45.75	46.50	48.25	47.00	46.75	47.75	48.00	47.2583
East Texas	46.75	42.25	43.00	45.25	46.00	48.00	46.50	46.25	47.50	47.50	46.9167
Eugene Island Sour (Onshore)	48.00	43.75	44.25	46.50	47.50	49.25	48.00	47.75	48.75	49.00	48.2500
Heavy Louisiana Sweet (Onshore)	49.50	45.25	45.75	48.00	49.00	50.75	49.50	49.25	50.25	50.50	49.7500
Light Louisiana Sweet (Onshore)	50.75	46.50	47.00	49.50	50.25	52.00	50.75	50.50	51.50	51.75	51.0083
New Mexico Intermediate	47.00	42.50	43.25	45.50	46.25	48.25	46.75	46.50	47.75	47.75	47.1667
New Mexico Sour (34ï¿½)	42.25	37.75	38.50	40.75	41.50	43.50	42.00	41.75	43.00	43.00	42.4167
North Texas Sweet	47.00	42.50	43.25	45.50	46.25	48.25	46.75	46.50	47.75	47.75	47.1667
Oklahoma Sour	42.25	37.75	38.50	40.75	41.50	43.50	42.00	41.75	43.00	43.00	42.4167
Oklahoma Sweet	47.00	42.50	43.25	45.50	46.25	48.25	46.75	46.50	47.75	47.75	47.1667
Rocky Mountain Condensate	33.33	28.88	29.51	31.85	32.62	34.55	33.14	32.92	33.97	34.12	32.6813
South Texas Light Sweet	45.00	40.50	41.25	43.50	44.25	46.25	44.75	44.50	45.75	45.75	45.1667
Southwest Wyoming Sweet	38.83	34.38	35.01	37.35	38.12	40.05	38.64	38.42	39.47	39.62	38.3813
Uinta Basin Black Wax	38.33	33.88	34.51	36.85	37.62	39.55	38.14	37.92	38.97	39.12	38.0813
West Texas Intermediate	47.00	42.50	43.25	45.50	46.25	48.25	46.75	46.50	47.75	47.75	47.1667
West Texas Sour (34ï¿½)	42.25	37.75	38.50	40.75	41.50	43.50	42.00	41.75	43.00	43.00	42.4167
Western Colorado	39.33	34.88	35.51	37.85	38.62	40.55	39.14	38.92	39.97	40.12	38.9813

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.