PLANT, PIPELINE AND EQUIPMENT (Tables)

6 Months Ended

Jun. 30, 2014

PLANT, PIPELINE AND EQUIPMENT [Abstract]

Plant, Pipeline and Equipment

Plant, pipeline and equipment at June 30, 2014, and December 31, 2013, consisted of the following:

	June 30, 2014			December 31, 2013
	(thousands of dollars)
Platinum catalyst	$	1,612		$	1,612
Land		1,577			1,577
Plant, pipeline and equipment		73,458			71,115
Construction in progress		2,606			824
Total plant, pipeline and equipment		79,253			75,128
Less accumulated depreciation and amortization		(36,031	)		(33,203	)
Net plant, pipeline and equipment	$	43,222		$	41,925