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Hedge Contracts (Tables)
12 Months Ended
Dec. 31, 2012
Hedge Contracts (Tables)  
Pretax Gain (Loss) on Derivative Instruments Table
 
 
Year Ended December 31, 2011
Derivative swap contracts
Oil
 
Natural Gas
 
Total
 
(In Thousands)
Amount of pretax gain reclassified from accumulated other comprehensive
 
 
 
 
 
 
 
 
 
 
 
income into product sales revenue (effective portion)
$
1,177
 
 
$
-
 
 
$
1,177
 
Amount of pretax gain (loss) from change in derivative fair value
 
 
 
 
 
 
 
 
 
 
 
recognized in other comprehensive income
 
(7,854)
 
 
 
-
 
 
 
(7,854)
 
Amount of pretax gain (loss) recognized in other income (expense)
 
 
 
 
 
 
 
 
 
 
 
(ineffective portion)
 
(13,947)
 
 
 
-
 
 
 
(13,947)
 
 
 
Year Ended December 31, 2010
Derivative swap contracts
Oil
 
Natural Gas
 
Total
 
(In Thousands)
Amount of pretax gain reclassified from accumulated other comprehensive
 
 
 
 
 
 
 
 
 
 
 
income into product sales revenue (effective portion)
$
22,725
 
 
$
26,214
 
 
$
48,939
 
Amount of pretax gain (loss) from change in derivative fair value
 
 
 
 
 
 
 
 
 
 
 
recognized in other comprehensive income
 
(1,947)
 
 
 
9,118
 
 
 
7,171
 
Amount of pretax gain (loss) recognized in other income (expense)
 
 
 
 
 
 
 
 
 
 
 
(ineffective portion)
 
(152)
 
 
 
-
 
 
 
(152)