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Inventories (Tables)
3 Months Ended
Mar. 31, 2015
Inventory, Net [Abstract]  
Inventory Components
Inventory consists of the following components:
 
 
March 31,
2015
 
December 31, 2014
 
 
(In thousands)
Crude oil
 
$
575,714

 
$
581,592

Other raw materials and unfinished products(1)
 
199,608

 
204,467

Finished products(2)
 
614,546

 
531,523

Lower of cost or market reserve
 
(390,932
)
 
(397,478
)
Process chemicals(3)
 
4,563

 
4,028

Repair and maintenance supplies and other
 
112,179

 
110,999

Total inventory
 
$
1,115,678

 
$
1,035,131


(1)
Other raw materials and unfinished products include feedstocks and blendstocks, other than crude.
(2)
Finished products include gasolines, jet fuels, diesels, lubricants, asphalts, LPG’s and residual fuels.
(3)
Process chemicals include additives and other chemicals.