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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Gains and Losses of Derivative Instruments Recognized in Income (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Hedge Ineffectiveness    
Ineffectiveness excluding the time value component on fair value hedging instruments:    
Net loss in income $ (7,729) $ (26,859)
Futures Contracts    
Derivatives designated as fair value hedging instruments:    
Futures contracts for refined products 33,700  
Derivatives NOT Designated as Hedging Instruments | Product sales | Physical fixed price derivative contracts    
Derivatives NOT designated as hedging instruments:    
Gains (losses) on derivative instruments recognized in income 35,667 50,293
Derivatives NOT Designated as Hedging Instruments | Product sales | Physical index derivative contracts    
Derivatives NOT designated as hedging instruments:    
Gains (losses) on derivative instruments recognized in income (268) (73)
Derivatives NOT Designated as Hedging Instruments | Cost of product sales | Physical fixed price derivative contracts    
Derivatives NOT designated as hedging instruments:    
Gains (losses) on derivative instruments recognized in income 12,489 4,352
Derivatives NOT Designated as Hedging Instruments | Cost of product sales | Physical index derivative contracts    
Derivatives NOT designated as hedging instruments:    
Gains (losses) on derivative instruments recognized in income 101 (849)
Derivatives NOT Designated as Hedging Instruments | Cost of product sales | Futures contracts for refined petroleum products    
Derivatives NOT designated as hedging instruments:    
Gains (losses) on derivative instruments recognized in income (6,559) (14,151)
Derivatives Designated as Hedging Instruments | Cost of product sales | Hedge Ineffectiveness    
Ineffectiveness excluding the time value component on fair value hedging instruments:    
Fair value hedge ineffectiveness (excluding time value) 2,162 40
Time value excluded from hedge assessment (9,891) (26,899)
Derivatives Designated as Hedging Instruments | Cost of product sales | Futures contracts for refined petroleum products | Futures Contracts    
Derivatives designated as fair value hedging instruments:    
Futures contracts for refined products 75,974 117,283
Derivatives Designated as Hedging Instruments | Cost of product sales | Physical inventory - hedged items    
Derivatives designated as fair value hedging instruments:    
Physical inventory - hedged items $ (83,703) $ (144,142)