Inventories

The major components of inventories were as follows:



	September 30, 2015		December 31, 2014
Petroleum products	$	14,500	$	30,108
Crude oil	28,352		7,266
Caustic soda	3,265		2,850
NaHS	2,952		6,603
Other	—		2
Total	$	49,069	$	46,829

Inventories are valued at the lower of cost or market. The market value of inventories was below recorded costs by approximately $1.1 million and $6.6 million at September 30, 2015 and December 31, 2014, respectively; therefore we reduced the value of inventory in our Condensed Consolidated Financial Statements for this difference.