v2.4.0.6

INVENTORIES (Tables)

12 Months Ended

Dec. 31, 2011

INVENTORIES [Abstract]

Schedule of Inventory Table [Text Block]

Inventories consisted of the following:

	December 31,
	2011				2010
	(Thousands of Dollars)
Crude oil	$	157,297			$	122,945
Finished products	421,288				281,197
Materials and supplies	9,200				9,395
Total	$	587,785			$	413,537

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- Definition

Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Topic

-SubTopic

-Publisher SEC

-Number 210

-Article 5

-Subparagraph a,b,c

-Name Regulation S-X (SX)

-Paragraph 6

-Section 2

+ Details

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