Quarterly report pursuant to sections 13 or 15(d)

PLANT, PIPELINE AND EQUIPMENT (Tables)

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PLANT, PIPELINE AND EQUIPMENT (Tables)
3 Months Ended
Mar. 31, 2013
PLANT, PIPELINE AND EQUIPMENT [Abstract]  
Plant, Pipeline and Equipment
 
Plant, pipeline and equipment at March 31, 2013, and December 31, 2012, consisted of the following:
 

   
March 31, 2013
   
December 31, 2012
 
   
(thousands of dollars)
 
Platinum catalyst
  $ 1,612     $ 1,612  
Land
    1,577       1,577  
Plant, pipeline and equipment
    65,298       64,356  
Construction in progress
    1,484       937  
Total plant, pipeline and equipment
    69,971       68,482  
  Less accumulated depreciation and amortization
    (29,283 )     (28,062 )
Plant, pipeline and equipment, net
  $ 40,688     $ 40,420