STATEMENTS OF CASH FLOWS

9 Months Ended

Sep. 30, 2011

STATEMENTS OF CASH FLOWS [Abstract]

STATEMENTS OF CASH FLOWS

STATEMENTS OF CASH FLOWS

Changes in current assets and liabilities were as follows:

	Nine Months Ended September 30,
	2011			2010
	(Thousands of Dollars)
Decrease (increase) in current assets:
Receivable from NuStar Energy	$	(470	)	$	(11,854	)
Income tax receivable	1,157			4,993
Other receivables	(31		)	(143		)
Other current assets	54			177
Increase (decrease) in current liabilities:
Accounts payable	274			240
Accrued compensation expense	(5,109		)	9,521
Accrued liabilities	98			(284		)
Income tax payable	(302		)	—
Taxes other than income tax	(321		)	(1		)
Changes in current assets and liabilities	$	(4,650	)	$	2,649

Cash flows related to interest and income tax were as follows:

	Nine Months Ended September 30,
	2011		2010
	(Thousands of Dollars)
Cash paid for interest	$	312	$	687
Cash paid (refunded) for income tax	$	536	$	(3,895	)