|3 Months Ended|
Mar. 31, 2017
|Inventory Disclosure [Abstract]|
Carrying value of inventories consisted of the following:
The market value of our refined products, asphalt and blendstock inventories exceeded LIFO costs by $6,402 and $4,390 at March 31, 2017 and December 31, 2016, respectively. The market value of our crude oil inventories exceeded LIFO costs, net of the fair value hedged items, by $13,100 and $13,154 at March 31, 2017 and December 31, 2016, respectively.
The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.
Reference 1: http://www.xbrl.org/2003/role/presentationRef