CHEVRON CORP — Director's Dealing 2008

May 9, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2008-05-07

Reporting Person: WATSON JOHN S (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-05-07	Common Stock	S	2700	$95.41	Disposed	220266	Direct
2008-05-07	Common Stock	S	1401	$95.42	Disposed	218865	Direct
2008-05-07	Common Stock	S	1300	$95.43	Disposed	217565	Direct
2008-05-07	Common Stock	S	1400	$95.44	Disposed	216165	Direct
2008-05-07	Common Stock	S	1499	$95.46	Disposed	214666	Direct
2008-05-07	Common Stock	S	400	$95.47	Disposed	214266	Direct
2008-05-07	Common Stock	S	400	$95.48	Disposed	213866	Direct
2008-05-07	Common Stock	S	1100	$95.49	Disposed	212766	Direct
2008-05-07	Common Stock	S	1200	$95.5	Disposed	211566	Direct
2008-05-07	Common Stock	S	900	$95.51	Disposed	210666	Direct
2008-05-07	Common Stock	S	1900	$95.52	Disposed	208766	Direct
2008-05-07	Common Stock	S	400	$95.53	Disposed	208366	Direct
2008-05-07	Common Stock	S	1250	$95.54	Disposed	207116	Direct
2008-05-07	Common Stock	S	1900	$95.55	Disposed	205216	Direct
2008-05-07	Common Stock	S	2400	$95.56	Disposed	202816	Direct
2008-05-07	Common Stock	S	1550	$95.57	Disposed	201266	Direct
2008-05-07	Common Stock	S	2800	$95.58	Disposed	198466	Direct
2008-05-07	Common Stock	S	1600	$95.59	Disposed	196866	Direct
2008-05-07	Common Stock	S	1650	$95.6	Disposed	195216	Direct
2008-05-07	Common Stock	S	1565	$95.61	Disposed	193651	Direct
2008-05-07	Common Stock	S	3350	$95.62	Disposed	190301	Direct
2008-05-07	Common Stock	S	2214	$95.63	Disposed	188087	Direct
2008-05-07	Common Stock	S	3521	$95.64	Disposed	184566	Direct
2008-05-07	Common Stock	S	2500	$95.65	Disposed	182066	Direct
2008-05-07	Common Stock	S	2700	$95.66	Disposed	179366	Direct
2008-05-07	Common Stock	S	2100	$95.67	Disposed	177266	Direct
2008-05-07	Common Stock	S	4399	$95.68	Disposed	172867	Direct
2008-05-07	Common Stock	S	5400	$95.69	Disposed	167467	Direct

Footnotes

F1: The Form 4 is two of five being filed to report transactions occurring on May 7, 2008.