INVENTORY (Tables)

6 Months Ended

Jun. 30, 2024

Inventory Disclosure [Abstract]

Schedule of Inventory

The following table describes the Company's inventory balances by category (in thousands):

	As of June 30, 2024		As of December 31, 2023
Crude oil	$	69,245	$	60,702
Renewable feedstocks	—		27,450
Refined products	54,871		91,911
Re-refined products	2,203		2,057
Total hydrocarbon inventories	$	126,319	$	182,120

The following table summarizes our outstanding obligations under our inventory financing agreements (in thousands):

	As of June 30, 2024		As of December 31, 2023
Obligations under inventory financing agreements	$	108,728	$	141,343
Unamortized financing cost	—		(250)
Obligations under inventory financing agreements, net	$	108,728	$	141,093