Inventories (Tables)

3 Months Ended

Mar. 31, 2020

Inventory Disclosure [Abstract]

Schedule of Inventories

Inventories at March 31, 2020 consisted of the following (in thousands):

	Titled Inventory		Supply and Offtake Agreements (1)		Total
Crude oil and feedstocks	$	34,527	$	73,706	$	108,233
Refined products and blendstock	76,506		72,426		148,932
Warehouse stock and other (2)	62,375		—		62,375
Total	$	173,408	$	146,132	$	319,540

Inventories at December 31, 2019 consisted of the following (in thousands):

	Titled Inventory		Supply and Offtake Agreements (1)		Total
Crude oil and feedstocks	$	117,717	$	148,303	$	266,020
Refined products and blendstock	127,966		158,737		286,703
Warehouse stock and other (2)	63,149		—		63,149
Total	$	308,832	$	307,040	$	615,872

________________________________________________________

(1) Please read Note 9—Inventory Financing Agreements for further information.

(2)

Includes $17.8 million and $19.1 million of RINs and environmental credits as of March 31, 2020 and December 31, 2019, respectively.