v2.4.0.6

INVENTORIES (Tables)

3 Months Ended

Mar. 31, 2012

INVENTORIES [Abstract]

Schedule of Inventory Table [Text Block]

Inventories consisted of the following:

	March 31, 2012				December 31, 2011
	(Thousands of Dollars)
Crude oil	$	270,351			$	157,297
Finished products	493,826				421,288
Materials and supplies	9,831				9,200
Total	$	774,008			$	587,785

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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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