Inventories (Tables)

6 Months Ended

Jun. 30, 2020

Inventory Disclosure [Abstract]

Schedule of Inventories

Inventories at June 30, 2020 consisted of the following (in thousands):

	Titled Inventory		Supply and Offtake Agreements (1)		Total
Crude oil and feedstocks	$	94,718	$	98,118	$	192,836
Refined products and blendstock	85,881		85,454		171,335
Warehouse stock and other (2)	63,508		—		63,508
Total	$	244,107	$	183,572	$	427,679

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

	Titled Inventory		Supply and Offtake Agreements (1)		Total
Crude oil and feedstocks	$	117,717	$	148,303	$	266,020
Refined products and blendstock	127,966		158,737		286,703
Warehouse stock and other (2)	63,149		—		63,149
Total	$	308,832	$	307,040	$	615,872

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(1) Please read Note 9—Inventory Financing Agreements for further information.

(2)

Includes $17.8 million and $19.1 million of RINs and environmental credits as of June 30, 2020 and December 31, 2019, respectively. RINs and environmental obligations of $68.9 million and $22.8 million are included in Other accrued liabilities on our condensed consolidated balance sheets as of June 30, 2020 and December 31, 2019, respectively.