XML 63 R29.htm IDEA: XBRL DOCUMENT v2.4.0.8
Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2013
Commitments and Contingencies Disclosure [Abstract]  
Summary Of Purchase And Sale Commitments
We account for derivatives at fair value with the exception of commitments which have been designated as normal purchases and sales for which we do not record assets or liabilities related to these agreements until the product is purchased or sold. At September 30, 2013, such commitments included the following (in thousands):
 
Volume
(Barrels)
 
Value
Fixed price purchases
202

 
$
20,324

Fixed price sales
330

 
$
34,749

Floating price purchases
18,016

 
$
1,781,247

Floating price sales
18,600

 
$
1,814,662