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Inventory (Notes)
6 Months Ended
Jun. 30, 2017
Inventory [Abstract]  
Inventory
Inventory

Inventories consisted of $6.5 million and $8.9 million of refined petroleum products as of June 30, 2017 and December 31, 2016, respectively. Cost of inventory is stated at the lower of cost or net realizable value, with cost determined on a first-in, first-out basis. We recognize lower of cost or net realizable value charges as a component of cost of goods sold in the consolidated statements of income and comprehensive income, which amounted to $0.1 million during both the three and six months ended June 30, 2017, and $0.1 million during both the three and six months ended June 30, 2016.