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Inventories (Tables)

3 Months Ended

Mar. 31, 2019

Inventory, Net [Abstract]

Inventory Components

Inventory consists of the following components:



		March 31, 2019				December 31, 2018
		(In thousands)
Crude oil		$	510,548			$	503,705
Other raw materials and unfinished products⁽¹⁾		427,496				360,124
Finished products⁽²⁾		684,747				662,713
Lower of cost or market reserve		(127,792		)		(360,138		)
Process chemicals⁽³⁾		30,864				31,413
Repair and maintenance supplies and other ⁽⁴⁾		142,066				156,562
Total inventory		$	1,667,929			$	1,354,379


(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.


(4)	Includes RINs.