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Derivative Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2011
Derivative Financial Instruments [Abstract] 
Schedule Of NYMEX Contracts And Butane Price Swap Purchase Agreements
Type of Contract/Accounting Methodology
 
Product Represented by the Contract and Associated Barrels
 
Maturity Dates
NYMEX - Cash Flow Hedges
 
0.6million barrels of refined petroleum products
 
Between October and December 2011
NYMEX - Fair Value Hedges
 
0.7million barrels of crude oil
 
Between October 2011 and November 2013
NYMEX - Economic Hedges
 
2.3million barrels of refined petroleum products
 
Between October 2011 and April 2012
Butane Swap Agreements
 
0.3 million barrels of butane
 
Between October 2011 and March 2012
Derivative Gains (Losses) Included In Accumulated Other Comprehensive Loss ("AOCL")
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
Derivative Activity Included in AOCL
2010
 
2011
 
2010
 
2011
Beginning balance
$
3,407

 
$
7,856

 
$
1,743

 
$
3,325

Net gain (loss) on commodity hedges
(179
)
 
6,539

 
(468
)
 
11,152

Reclassification of net gain on interest rate cash flow hedges to interest expense
(41
)
 
(41
)
 
(123
)
 
(123
)
Reclassification of net loss (gain) on commodity hedges to product sales revenues
(1,068
)
 
(1,493
)
 
967

 
(1,493
)
Ending balance
$
2,119

 
$
12,861

 
$
2,119

 
$
12,861

Derivatives And Hedging-Fair Value Hedges
Derivative  Instrument
 
Location of Gain
Recognized on
Derivative
 
Amount of Gain
Recognized on
Derivative
 
Amount of Interest
Expense Recognized on
Fixed-Rate Debt (Related
Hedged Item)
 
 
 
 
Three Months Ended
 
Nine Months Ended
 
Three Months Ended
 
Nine Months Ended
 
 
 
 
Sept. 30, 2010
 
Sept. 30, 2011
 
Sept. 30, 2010
 
Sept. 30, 2011
 
Sept. 30, 2010
 
Sept. 30, 2011
 
Sept. 30, 2010
 
Sept. 30, 2011
Interest rate swap agreements
 
Interest expense
 
$

 
$
264

 
$
4,604

 
$
1,275

 
$

 
$
(1,333
)
 
$
(17,277
)
 
$
(7,556
)
Derivatives And Hedging-Cash Flow Hedges
 
 
Three Months Ended September 30, 2010
Effective Portion
Derivative Instrument
 
Amount of Loss
Recognized in
AOCL on Derivative
 
Location of Gain 
Reclassified from
AOCL into Income
 
Amount of Gain Reclassified
from AOCL into Income
Interest rate swap agreements
 
 
$

 
 
Interest expense
 
 
$
41

 
NYMEX commodity contracts
 
 
(179
)
 
 
Product sales revenues
 
 
1,068

 
Total cash flow hedges
 
 
$
(179
)
 
 
Total
 
 
$
1,109

 
 
 
Three Months Ended September 30, 2011
Effective Portion
Derivative Instrument
 
Amount of Gain
Recognized in
AOCL on Derivative
 
Location of Gain
Reclassified from
AOCL into Income
 
Amount of Gain Reclassified
from AOCL into Income
Interest rate swap agreements
 
 
$

 
 
Interest expense
 
 
$
41

 
NYMEX commodity contracts
 
 
6,539

 
 
Product sales revenues
 
 
1,493

 
Total cash flow hedges
 
 
$
6,539

 
 
Total
 
 
$
1,534

 

 
 
 
Nine Months Ended September 30, 2010
Effective Portion
Derivative Instrument
 
Amount of Loss
Recognized in
AOCL on Derivative
 
Location of Gain (Loss) 
Reclassified from
AOCL into Income
 
Amount of Gain (Loss) Reclassified
from AOCL into Income
Interest rate swap agreements
 
 
$

 
 
Interest expense
 
 
$
123

 
NYMEX commodity contracts
 
 
(468
)
 
 
Product sales revenues
 
 
(967
)
 
Total cash flow hedges
 
 
$
(468
)
 
 
Total
 
 
$
(844
)
 
 
 
Nine Months Ended September 30, 2011
Effective Portion
Derivative Instrument
 
Amount of Gain
Recognized in
AOCL on Derivative
 
Location of Gain
Reclassified from
AOCL into Income
 
Amount of Gain Reclassified
from AOCL into Income
Interest rate swap agreements
 
 
$

 
 
Interest expense
 
 
$
123

 
NYMEX commodity contracts
 
 
11,152

 
 
Product sales revenues
 
 
1,493

 
Total cash flow hedges
 
 
$
11,152

 
 
Total
 
 
$
1,616

 
Derivatives And Hedging-Overall-Subsequent Measurement
 
 
 
Amount of Gain (Loss)
Recognized on Derivative
 
 
 
Three Months  Ended
September 30,
 
Nine Months Ended September 30,
Derivative Instrument
Location of Gain (Loss)
Recognized on Derivative
 
2010
 
2011
 
2010
 
2011
NYMEX commodity contracts
Product sales revenues
 
$
(8,466
)
 
$
28,579

 
$
8,366

 
$
(7,604
)
NYMEX commodity contracts
Operating expenses
 

 
(923
)
 

 
598

Butane swap contracts
Product purchases
 

 
(50
)
 

 
(889
)
 
Total
 
$
(8,466
)
 
$
27,606

 
$
8,366

 
$
(7,895
)
Derivatives And Hedging-Designated
 
December 31, 2010
 
Asset Derivatives
 
Liability Derivatives
Derivative Instrument
Balance Sheet Location
 
Fair Value
 
Balance Sheet Location
 
Fair Value
NYMEX commodity contracts
Other noncurrent assets
 
$

 
Other noncurrent liabilities
 
$
4,920

 
September 30, 2011
 
Asset Derivatives
 
Liability Derivatives
Derivative Instrument
Balance Sheet Location
 
Fair Value
 
Balance Sheet Location
 
Fair Value
NYMEX commodity contracts
Energy commodity derivatives contracts, net
 
$
8,689

 
Energy commodity derivatives contracts, net
 
$

NYMEX commodity contracts
Other noncurrent assets
 
1,030

 
Other noncurrent liabilities
 

 
Total
 
$
9,719

 
Total
 
$

Derivatives And Hedging-Nondesignated
 
December 31, 2010
 
Asset Derivatives
 
Liability Derivatives
Derivative Instrument
Balance Sheet Location
 
Fair Value
 
Balance Sheet Location
 
Fair Value
NYMEX commodity contracts
Energy commodity derivatives contracts, net
 
$

 
Energy commodity derivatives contracts, net
 
$
11,790

 
September 30, 2011
 
Asset Derivatives
 
Liability Derivatives
Derivative Instrument
Balance Sheet Location
 
Fair Value
 
Balance Sheet Location
 
Fair Value
NYMEX commodity contracts
Energy commodity derivatives contracts, net
 
$
28,497

 
Energy commodity derivatives contracts, net
 
$

Butane swap contracts
Energy commodity derivatives contracts, net
 

 
Energy commodity derivatives contracts, net
 
981

 
Total
 
$
28,497

 
Total
 
$
981