Chevron Crude Oil Marketing - North America - November 2010 East of the Rockies Summary

North America Crude Oil Marketing - November 2010 Summary East of the Rockies Bulletins 10-E213 to 10-E233, 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	E213 11/01	E214 11/02	E215 11/03	E216 11/04	E217 11/05	E218 11/08	E219 11/09	E220 11/10	E221 11/11	E222 11/12	E223 11/15	Gvty Adj*
Altamont Yellow Wax	68.95	69.90	70.69	72.49	72.85	73.06	72.72	73.81	73.81	70.88	70.86	B
Bonito Sour (Onshore)	83.00	84.00	84.75	86.50	87.00	87.25	86.75	88.00	88.00	85.00	85.00	A
Deepwater Sour (Onshore) (30ï¿½)	81.50	82.50	83.25	85.00	85.50	85.50	85.25	86.25	86.25	83.50	83.50	F,G
East Texas	79.25	80.25	81.00	83.00	83.25	83.50	83.25	84.25	84.00	81.25	81.25	none
Eugene Island Sour (Onshore)	83.25	84.25	85.00	86.75	87.25	87.25	87.00	88.00	88.00	85.25	85.25	A
Heavy Louisiana Sweet (Onshore)	84.25	85.25	86.00	87.75	88.25	88.50	88.00	89.25	89.25	86.25	86.25	A
Light Louisiana Sweet (Onshore)	85.25	86.25	87.00	88.75	89.25	89.50	89.00	90.25	90.25	87.25	87.25	A
New Mexico Intermediate	79.50	80.50	81.25	83.25	83.50	83.75	83.50	84.50	84.25	81.50	81.50	none
New Mexico Sour (34ï¿½)	74.75	75.75	76.50	78.50	78.75	79.00	78.75	79.75	79.50	76.75	76.75	none
North Texas Sweet	79.50	80.50	81.25	83.25	83.50	83.75	83.50	84.50	84.25	81.50	81.50	none
Oklahoma Sour	74.75	75.75	76.50	78.50	78.75	79.00	78.75	79.75	79.50	76.75	76.75	none
Oklahoma Sweet	79.50	80.50	81.25	83.25	83.50	83.75	83.50	84.50	84.25	81.50	81.50	none
Rocky Mountain Condensate	70.45	71.40	72.19	73.99	74.35	74.56	74.22	75.31	75.31	72.38	72.36	H
South Texas Light Sweet	77.50	78.50	79.25	81.25	81.50	81.75	81.50	82.50	82.25	79.50	79.50	none
Southwest Wyoming Sweet	74.70	75.65	76.44	78.24	78.60	78.81	78.47	79.56	79.56	76.63	76.61	E
Uinta Basin Black Wax	67.95	68.90	69.69	71.49	71.85	72.06	71.72	72.81	72.81	69.88	69.86	B
West Texas Intermediate	79.50	80.50	81.25	83.25	83.50	83.75	83.50	84.50	84.25	81.50	81.50	none
West Texas Sour (34ï¿½)	74.75	75.75	76.50	78.50	78.75	79.00	78.75	79.75	79.50	76.75	76.75	none
Western Colorado	71.20	72.15	72.94	74.74	75.10	75.31	74.97	76.06	76.06	73.13	73.11	B

East of the Rockies	E224 11/16	E225 11/17	E226 11/18	E227 11/19	E228 11/22	E229 11/23	E230 11/24	E231 11/26	E232 11/29	E233 11/30	Mthly Avg
Altamont Yellow Wax	68.34	66.44	67.85	67.65	67.74	67.25	69.86	69.76	71.73	70.11	70.2963
Bonito Sour (Onshore)	82.50	80.50	82.00	81.75	81.75	81.25	84.00	83.75	85.75	84.25	84.3917
Deepwater Sour (Onshore) (30ï¿½)	81.00	79.00	80.50	80.25	80.25	79.75	82.50	82.25	84.25	82.75	82.8667
East Texas	78.75	76.75	78.25	78.00	78.00	77.50	80.25	80.00	82.00	80.50	80.6500
Eugene Island Sour (Onshore)	82.75	80.75	82.25	82.00	82.00	81.50	84.25	84.00	86.00	84.50	84.6167
Heavy Louisiana Sweet (Onshore)	83.75	81.75	83.25	83.00	83.00	82.50	85.25	85.00	87.00	85.50	85.6417
Light Louisiana Sweet (Onshore)	84.75	82.75	84.25	84.00	84.00	83.75	86.25	86.25	88.00	86.50	86.6750
New Mexico Intermediate	79.00	77.00	78.50	78.25	78.25	77.75	80.50	80.25	82.25	80.75	80.9000
New Mexico Sour (34ï¿½)	74.25	72.25	73.75	73.50	73.50	73.00	75.75	75.50	77.50	76.00	76.1500
North Texas Sweet	79.00	77.00	78.50	78.25	78.25	77.75	80.50	80.25	82.25	80.75	80.9000
Oklahoma Sour	74.25	72.25	73.75	73.50	73.50	73.00	75.75	75.50	77.50	76.00	76.1500
Oklahoma Sweet	79.00	77.00	78.50	78.25	78.25	77.75	80.50	80.25	82.25	80.75	80.9000
Rocky Mountain Condensate	69.84	67.94	69.35	69.15	69.24	68.75	71.36	71.26	73.23	71.61	71.7963
South Texas Light Sweet	77.00	75.00	76.50	76.25	76.25	75.75	78.50	78.25	80.25	78.75	78.9000
Southwest Wyoming Sweet	74.09	72.19	73.60	73.40	73.49	73.00	75.61	75.51	77.48	75.86	76.0463
Uinta Basin Black Wax	67.34	65.44	66.85	66.65	66.74	66.25	68.86	68.76	70.73	69.11	69.2963
West Texas Intermediate	79.00	77.00	78.50	78.25	78.25	77.75	80.50	80.25	82.25	80.75	80.9000
West Texas Sour (34ï¿½)	74.25	72.25	73.75	73.50	73.50	73.00	75.75	75.50	77.50	76.00	76.1500
Western Colorado	70.59	68.69	70.10	69.90	69.99	69.50	72.11	72.01	73.98	72.36	72.5463

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.