Derivatives (Tables)

6 Months Ended

Jun. 30, 2023

Derivatives [Abstract]

Schedule of Derivatives not Designated as Hedging Instruments

The classification and amounts of the Company’s derivatives not designated as hedging instruments, and related cash collateral balances, are as follows (in thousands):

	As of June 30, 2023
	Assets			Liabilities
Type of Instrument	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Cash collateral balance	Restricted cash	$	2,351
Commodity contracts	Derivative instruments	$	14,038	Derivative instruments	$	8,396

	As of December 31, 2022
	Assets			Liabilities
Type of Instrument	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Cash collateral balance	Restricted cash	$	13,069
Commodity contracts	Derivative instruments	$	4,973	Derivative instruments	$	6,732

Schedule of Recognized Gains (Losses) for its Derivatives

The classification and amounts of the Company’s recognized gains for its derivatives not designated as hedging instruments are as follows (in thousands):

		Realized Gains
		For the Three Months Ended June 30,
Type of Instrument	Statements of Operations Location	2023		2022
Commodity contracts	Cost of goods sold	$	5,477	$	13,913
		$	5,477	$	13,913

		Realized (Losses) Gains
		For the Six Months Ended June 30,
Type of Instrument	Statements of Operations Location	2023			2022
Commodity contracts	Cost of goods sold	$	(2,226	)	$	29,476
		$	(2,226	)	$	29,476

		Unrealized Gains
		For the Three Months Ended June 30,
Type of Instrument	Statements of Operations Location	2023		2022
Commodity contracts	Cost of goods sold	$	1,474	$	2,706
		$	1,474	$	2,706

		Unrealized Gains (Losses)
		For the Six Months Ended June 30,
Type of Instrument	Statements of Operations Location	2023		2022
Commodity contracts	Cost of goods sold	$	7,400	$	(7,540	)
		$	7,400	$	(7,540	)