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Inventories (Tables)

6 Months Ended

Jun. 30, 2019

Inventory, Net [Abstract]

Inventory Components

Inventories consist of the following components:



		June 30, 2019				December 31, 2018
		(In thousands)
Crude oil		$	526,419			$	503,705
Other raw materials and unfinished products⁽¹⁾		341,708				360,124
Finished products⁽²⁾		747,151				662,713
Lower of cost or market reserve		(175,593		)		(360,138		)
Process chemicals⁽³⁾		35,852				31,413
Repair and maintenance supplies and other ⁽⁴⁾		161,044				156,562
Total inventory		$	1,636,581			$	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.