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Inventories (Tables)
6 Months Ended
Jun. 30, 2015
Inventory, Net [Abstract]  
Inventory Components
Inventory consists of the following components:
 
 
June 30,
2015
 
December 31, 2014
 
 
(In thousands)
Crude oil
 
$
508,984

 
$
581,592

Other raw materials and unfinished products(1)
 
191,102

 
204,467

Finished products(2)
 
617,996

 
531,523

Lower of cost or market reserve
 
(255,452
)
 
(397,478
)
Process chemicals(3)
 
4,903

 
4,028

Repair and maintenance supplies and other
 
122,385

 
110,999

Total inventory
 
$
1,189,918

 
$
1,035,131


(1)
Other raw materials and unfinished products include feedstocks and blendstocks, other than crude.
(2)
Finished products include gasolines, jet fuels, diesels, lubricants, asphalts, LPG’s and residual fuels.
(3)
Process chemicals include additives and other chemicals.