Inventories (Tables)

12 Months Ended

Dec. 31, 2021

Inventory Disclosure [Abstract]

Schedule of Inventory, Current

Inventories at December 31, 2021 and 2020 consisted of the following (in thousands):

	Titled Inventory		Supply and Offtake Agreement (1)		Total
December 31, 2021
Crude oil and feedstocks	$	102,085	$	199,282	$	301,367
Refined products and blendstock	179,737		142,872		322,609
Warehouse stock and other (2)	166,341		—		166,341
Total	$	448,163	$	342,154	$	790,317
December 31, 2020
Crude oil and feedstocks	$	88,307	$	75,340	$	163,647
Refined products and blendstock	112,146		83,601		195,747
Warehouse stock and other (2)	70,461		—		70,461
Total	$	270,914	$	158,941	$	429,855

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(1)Please read Note 11—Inventory Financing Agreements for further information.

(2)Includes $120.1 million and $26.7 million of RINs and environmental credits, reported at the lower of cost or NRV, as of December 31, 2021 and 2020, respectively. Our renewable volume obligation and other gross environmental credit obligations of $311.0 million and $150.5 million, reported at market value, are included in Other accrued liabilities on our consolidated balance sheets as of December 31, 2021 and 2020, respectively.