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Financial Instruments And Risk Management (Tables)
12 Months Ended
Dec. 31, 2013
Financial Instruments And Risk Management [Abstract]  
Fair Value Of Derivative Instruments Not Designated As Hedging Instruments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2013

 

December 31, 2012

 

 

Asset Derivatives

 

Liabilitiy Derivatives

 

Asset Derivatives

 

Liabilitiy Derivatives

 

 

Balance

 

 

 

 

Balance

 

 

 

 

Balance

 

 

 

 

Balance

 

 

 

 

 

Sheet

 

Fair

 

Sheet

 

Fair

 

Sheet

 

Fair

 

Sheet

 

Fair

(Thousands of dollars)

 

Location

 

Value

 

Location

 

Value

 

Location

 

Value

 

Location

 

Value

Commodity derivative contracts

 

Accounts

 

 

 

 

Accounts

 

 

 

 

Accounts

 

 

 

 

Accounts

 

 

 

 

 

Receivable

 

$

224 

 

Payable

 

$

291 

 

Receivable

 

$

3,043 

 

Payable

 

$

102 

 

Recognized Gains And Losses For Derivative Instruments Not Designated As Hedging Instruments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount of Gain (Loss) Recognized

 

 

 

 

 

in Income on Derivative

(Thousands of dollars)

 

Statement of Income

 

 

 

Type of Derivative Contract

 

Location

 

 

2013

 

2012

Commodity

 

Fuel and ethanol costs

 

 

 

 

 

 

 

 

 

of goods sold

 

 

$

8,516 

 

$

(38,283)

 

Summary Of Offsetting Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross Amounts

 

Net Amounts of

 

 

Gross Amounts

 

Offset in the

 

Assets Presented in

 

 

of Recognized

 

Combined

 

the Combined

(Thousands of dollars)

 

Assets

 

Balance Sheet

 

Balance Sheet

At December 31, 2013

 

 

 

 

 

 

 

 

 

Commodity derivatives

 

$

233 

 

$

(9)

 

$

224 

 

 

 

 

 

 

 

 

 

 

At December 31, 2012

 

 

 

 

 

 

 

 

 

Commodity derivatives

 

$

6,727 

 

$

(3,684)

 

$

3,043 

 

Summary Of Offsetting Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross Amounts

 

Net Amounts of

 

 

Gross Amounts

 

Offset in the

 

Liabilities Presented

 

 

of Recognized

 

Consolidated

 

in the Consolidated

(Thousands of dollars)

 

Liabilities

 

Balance Sheet

 

Balance Sheet

At December 31, 2013

 

 

 

 

 

 

 

 

 

Commodity derivatives

 

$

300 

 

$

(9)

 

$

291 

 

 

 

 

 

 

 

 

 

 

At December 31, 2012

 

 

 

 

 

 

 

 

 

Commodity derivatives

 

$

3,786 

 

$

(3,684)

 

$

102