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Inventories
 6 Months Ended
Jun. 30, 2024
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories at June 30, 2024 and December 31, 2023, consisted of the following (in thousands):
Titled Inventory
Inventory Intermediation Agreement (1)
Supply and Offtake Agreement (1)Total
June 30, 2024
Crude oil and feedstocks$188,057 $228,407 $— $416,464 
Refined products and blendstock594,041 — — 594,041 
Warehouse stock and other (2)247,832 — — 247,832 
Total$1,029,930 $228,407 $— $1,258,337 
December 31, 2023
Crude oil and feedstocks$175,307 $— $168,549 $343,856 
Refined products and blendstock358,236 — 133,684 491,920 
Warehouse stock and other (2)324,619 — — 324,619 
Total$858,162 $— $302,233 $1,160,395 
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(1)Please read Note 9—Inventory Financing Agreements for further information.
(2)Includes $160.1 million and $237.6 million of RINs and environmental credits, reported at the lower of cost or net realizable value, as of June 30, 2024 and December 31, 2023, respectively. Our renewable volume obligation and other gross environmental credit obligations of $164.0 million and $286.9 million are included in Other accrued liabilities on our condensed consolidated balance sheets as of June 30, 2024 and December 31, 2023, respectively.
As of June 30, 2024 and December 31, 2023, there was no reserve for the lower of cost or net realizable value of inventory. As of June 30, 2024 and December 31, 2023, the current replacement cost exceeded the LIFO inventory carrying value by approximately $54.7 million and $36.1 million, respectively.