SEGMENT REPORTING

6 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

SEGMENT REPORTING

NOTE 10.  SEGMENT REPORTING

The Company’s reportable segments include the Black Oil and Refining & Marketing divisions.  Segment information for the six months ended June 30, 2013 and 2012 is as follows:

SIX MONTHS ENDED JUNE 30, 2013
			Refining &
	Black Oil		Marketing		Total
Revenues	$	45,300,254	$	23,065,950	$	68,366,204
Net income from operations	$	2,118,396	$	1,102,197	$	3,220,593
Total Assets	$	44,458,742	$	7,950,933	$	52,409,675
SIX MONTHS ENDED JUNE 30, 2012
			Refining &
	Black Oil		Marketing		Total
Revenues	$	46,469,015	$	19,652,117	$	66,121,132
Net income from operations	$	706,749	$	815,082	$	1,521,831

THREE MONTHS ENDED JUNE 30, 2013
			Refining &
	Black Oil		Marketing		Total
Revenues	$	20,877,198	$	14,234,204	$	35,111,402
Net income from operations	$	1,045,077	$	963,842	$	2,008,919

THREE MONTHS ENDED JUNE 30, 2012
				Refining &
	Black Oil			Marketing		Total
Revenues	$	22,308,780		$	8,984,413	$	31,293,193
Net income (loss) from operations	$	(403,789	)	$	235,303	$	(168,486	)