Our reportable business segments consist of the pipeline, storage and fuels marketing segments. Our segments represent strategic business units that offer different services and products. We evaluate the performance of each segment based on its respective operating income (loss), before general and administrative expenses and certain non-segmental depreciation and amortization expense. General and administrative expenses are not allocated to the operating segments since those expenses relate primarily to the overall management at the entity level. Our principal operations include the transportation of petroleum products and anhydrous ammonia, and the terminalling, storage and marketing of petroleum products.



	Three Months Ended March 31,
	2020			2019
	(Thousands of Dollars)
Revenues:
Pipeline	$	195,681		$	156,251
Storage	123,217			103,500
Fuels marketing	73,902			88,079
Consolidation and intersegment eliminations	(9		)	(4		)
Total revenues	$	392,791		$	347,826

Operating (loss) income:
Pipeline	$	(122,924	)	$	67,304
Storage	48,579			32,218
Fuels marketing	6,443			1,925
Consolidation and intersegment eliminations	—			(32		)
Total segment operating (loss) income	(67,902		)	101,415
General and administrative expenses	22,971			25,691
Other depreciation and amortization expense	2,186			2,119
Total operating (loss) income	$	(93,059	)	$	73,605



	March 31, 2020		December 31, 2019
	(Thousands of Dollars)
Pipeline	$	3,655,177	$	3,884,819
Storage	2,044,386		2,082,832
Fuels marketing	31,263		31,064
Total segment assets	5,730,826		5,998,715
Other partnership assets	146,994		187,277
Total consolidated assets	$	5,877,820	$	6,185,992