v3.22.2.2
Inventories (Tables)
9 Months Ended
Sep. 30, 2022
Inventory Disclosure [Abstract]  
Schedule of Inventory Components
Inventories consist of the following components:
September 30,
2022
December 31, 2021
(In thousands)
Crude oil$866,995 $630,873 
Other raw materials and unfinished products (1)
830,489 530,067 
Finished products (2)
1,431,746 726,930 
Lower of cost or market reserve(51,578)(8,739)
Process chemicals (3)
50,280 43,025 
Repair and maintenance supplies and other (4)
309,220 199,972 
Total inventory$3,437,152 $2,122,128 

(1)Other raw materials and unfinished products include feedstocks and blendstocks, other than crude.
(2)Finished products include gasolines, jet fuels, diesels, renewable diesels, lubricants, asphalts, LPG’s and residual fuels.
(3)Process chemicals include additives and other chemicals.
(4)Includes RINs.