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Inventory Financing Agreements (Tables)

6 Months Ended

Jun. 30, 2022

Schedule Obligations Under Inventory Financing Agreements

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



	June 30, 2022		December 31, 2021
Supply and Offtake Agreement	$	933,001	$	569,158
Washington Refinery Intermediation Agreement	256,447		168,546
Obligations under inventory financing agreements	$	1,189,448	$	737,704

Schedule of Inventory Intermediation Fees

The following table summarizes the inventory intermediation fees, which are included in Cost of revenues (excluding depreciation) on our condensed consolidated statements of operations, and Interest expense and financing costs, net related to the intermediation agreements (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Net fees and expenses:
Supply and Offtake Agreement
Inventory intermediation fees	$	28,522	$	5,280	$	39,445	$	9,050
Interest expense and financing costs, net	1,858		478		3,102		1,324
Washington Refinery Intermediation Agreement
Inventory intermediation fees	$	750	$	765	$	1,500	$	1,736
Interest expense and financing costs, net	2,943		1,134		4,897		2,111