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INVENTORY (Tables)
12 Months Ended
Dec. 31, 2023
Inventory Disclosure [Abstract]  
Schedule of Inventory
The following table describes the Company's inventory balances by category as of December 31, 2023 and 2022 (in thousands):
As of December 31 2023As of December 31, 2022
Crude oil$60,702 $59,131 
Renewable feedstocks27,450 — 
Refined products91,911 74,311 
Re-refined products2,057 2,031 
Total inventory$182,120 $135,473 
The following table summarizes our outstanding obligations under our inventory financing agreements (in thousands):
December 31, 2023December 31, 2022
Obligations under inventory financing agreement$141,343 $119,189 
Unamortized financing cost(250)(1,250)
Obligations under inventory financing agreement, net$141,093 $117,939