INVENTORY (Tables)

3 Months Ended

Mar. 31, 2023

Inventory Disclosure [Abstract]

Schedule of Inventory

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

	As of March 31, 2023		As of December 31, 2022
Crude oil	$	46,807	$	59,131
Refined products	139,443		74,311
Re-refined products	1,776		2,031
Total hydrocarbon inventories	$	188,026	$	135,473

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

	March 31, 2023		December 31, 2022
Obligations under inventory financing agreement	$	107,905	$	119,189
Unamortized financing cost	(1,000)		(1,250)
Obligations under inventory financing agreement, net	$	106,905	$	117,939