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Inventories (Tables)
 3 Months Ended
Mar. 31, 2025
Inventory Disclosure [Abstract]  
Schedule of Inventories
Inventories at March 31, 2025, and December 31, 2024, consisted of the following (in thousands):
Titled Inventory
Inventory Intermediation Agreement (1)
Total
March 31, 2025
Crude oil and feedstocks$114,688 $201,617 $316,305 
Refined products and blendstock512,717 — 512,717 
Warehouse stock and other (2)230,570 — 230,570 
Total$857,975 $201,617 $1,059,592 
December 31, 2024
Crude oil and feedstocks$124,910 $178,070 $302,980 
Refined products and blendstock504,456 — 504,456 
Warehouse stock and other (2)281,882 — 281,882 
Total$911,248 $178,070 $1,089,318 
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(1)Please read Note 8—Inventory Financing Agreements for further information.
(2)Includes $138.0 million and $195.0 million of RINs and environmental credits, reported at the lower of cost or net realizable value, as of March 31, 2025, and December 31, 2024, respectively. Our renewable volume obligation and other gross environmental credit obligations of $217.8 million and $232.0 million are included in Other accrued liabilities on our condensed consolidated balance sheets as of March 31, 2025, and December 31, 2024, respectively.