Inventories (Tables)

3 Months Ended

Mar. 31, 2019

Inventory Disclosure [Abstract]

Schedule of inventories

Inventories at March 31, 2019 consisted of the following (in thousands):

	Titled Inventory		Supply and Offtake Agreements (1)		Total
Crude oil and feedstocks	$	83,849	$	114,057	$	197,906
Refined products and blendstock	113,471		140,683		254,154
Warehouse stock and other (2)	47,459		—		47,459
Total	$	244,779	$	254,740	$	499,519

Inventories at December 31, 2018 consisted of the following (in thousands):

	Titled Inventory		Supply and Offtake Agreements(1)		Total
Crude oil and feedstocks	$	7,000	$	117,877	$	124,877
Refined products and blendstock	62,401		100,175		162,576
Warehouse stock and other (2)	34,612		—		34,612
Total	$	104,013	$	218,052	$	322,065

________________________________________________________

(1) Please read Note 8—Inventory Financing Agreements for further information.

(2) Includes $3.8 million and $5.0 million of RINs and environmental credits as of March 31, 2019 and December 31, 2018, respectively.