Quarterly report pursuant to Section 13 or 15(d)

PLANT, PIPELINE AND EQUIPMENT (Tables)

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PLANT, PIPELINE AND EQUIPMENT (Tables)
6 Months Ended
Jun. 30, 2014
PLANT, PIPELINE AND EQUIPMENT [Abstract]  
Plant, Pipeline and Equipment
Plant, pipeline and equipment at June 30, 2014, and December 31, 2013, consisted of the following:

   
June 30, 2014
   
December 31, 2013
 
   
(thousands of dollars)
 
Platinum catalyst
  $ 1,612     $ 1,612  
Land
    1,577       1,577  
Plant, pipeline and equipment
    73,458       71,115  
Construction in progress
    2,606       824  
Total plant, pipeline and equipment
    79,253       75,128  
  Less accumulated depreciation and amortization
    (36,031 )     (33,203 )
Net plant, pipeline and equipment
  $ 43,222     $ 41,925