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Inventories (Tables)

6 Months Ended

Jun. 30, 2016

Inventory, Net [Abstract]

Inventory Components

Inventory consists of the following components:



		June 30, 2016				December 31, 2015
		(In thousands)
Crude oil		$	534,399			$	518,922
Other raw materials and unfinished products⁽¹⁾		293,367				214,832
Finished products⁽²⁾		477,124				603,568
Lower of cost or market reserve		(429,862		)		(624,457		)
Process chemicals⁽³⁾		5,186				4,477
Repair and maintenance supplies and other		140,809				124,527
Total inventory		$	1,021,023			$	841,869


(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.