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Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2022
Accounting Policies [Abstract]  
Business interruption insurance The following table sets forth the impact of this business interruption insurance by income statement caption for the three and nine months ended September 30, 2022:
September 30, 2022
(Thousands of dollars)
Commodity sales revenue (a)$17,618 
Services revenue$1,249 
Cost of sales and fuel$2,856 
(a) - Represents third-party fractionation costs. Pursuant to ASC 606 our third-party fractionation agreements are considered commodity sales contracts as a third-party assumed control of the NGL raw feed prior to performing the fractionation services. Therefore, incurred costs associated with these third-party fractionation agreements were recorded as a reduction of the commodity sales price in commodity sales rather than as costs of sales and fuel.