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PLANT, PIPELINE AND EQUIPMENT (Tables)
9 Months Ended
Sep. 30, 2016
PLANT, PIPELINE AND EQUIPMENT [Abstract]  
Plant, Pipeline and Equipment
Plant, pipeline and equipment consisted of the following:

   
September 30, 2016
  
December 31, 2015
 
   
(thousands of dollars)
 
Platinum catalyst
 $1,612  $1,612 
Land
  5,376   4,577 
Plant, pipeline and equipment
  153,529   128,302 
Construction in progress
  22,207   8,980 
Total plant, pipeline and equipment
  182,724   143,471 
  Less accumulated depreciation
  (52,986)  (46,564)
Net plant, pipeline and equipment
 $129,738  $96,907