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PLANT, PIPELINE AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2014
PLANT, PIPELINE AND EQUIPMENT [Abstract]  
Plant, Pipeline and Equipment
Plant, pipeline and equipment include the following at December 31:

   
2014
  
2013
 
   
(thousands of dollars)
 
Platinum catalyst
 $1,612  $1,612 
Land
  4,577   1,577 
Plant, pipeline and equipment
  95,351   71,115 
Construction in progress
  11,590   824 
Total plant, pipeline and equipment
  113,130   75,128 
    Less accumulated depreciation
  (39,319)  (33,203)
Net plant, pipeline and equipment
 $73,811  $41,925