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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Gains and Losses on Derivative Instruments (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Hedge Ineffectiveness    
Ineffectiveness excluding the time value component on fair value hedging instruments:    
Net gain (loss) in income $ 9,939 $ (8,423)
Futures contracts for refined products    
Derivatives designated as fair value hedging instruments:    
Futures contracts for refined products (2,900)  
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 (2,255) 7,055
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 (27) (5)
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 5,115 2,639
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 214 (156)
Derivatives NOT Designated as Hedging Instruments | Cost of product sales | Futures contracts for refined products    
Derivatives NOT designated as hedging instruments:    
Gains (losses) on derivative instruments recognized in income (1,482) 8,705
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) 647 1,066
Time value excluded from hedge assessment 9,292 (9,489)
Derivatives Designated as Hedging Instruments | Cost of product sales | Futures contracts for refined products    
Derivatives designated as fair value hedging instruments:    
Futures contracts for refined products 1,613 (17,847)
Derivatives Designated as Hedging Instruments | Cost of product sales | Physical inventory - hedged items    
Derivatives designated as fair value hedging instruments:    
Physical inventory - hedged items $ 8,326 $ 9,424