SEGMENT REPORTING (Tables)

9 Months Ended

Sep. 30, 2013

Segment Reporting Tables

Schedule of the Company's reportable segment information

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

NINE MONTHS ENDED SEPTEMBER 30, 2013
			Refining &
	Black Oil		Marketing		Total
Revenues	$	76,217,346	$	38,979,504	$	115,196,850
Net income from operations	$	3,368,683	$	2,260,834	$	5,629,517

NINE MONTHS ENDED SEPTEMBER 30, 2012
				Refining &
	Black Oil			Marketing		Total
Revenues	$	69,576,917		$	32,739,785	$	102,316,702
Net income (loss) from operations	$	(720,854	)	$	2,661,563	$	1,940,709

THREE MONTHS ENDED SEPTEMBER 30, 2013
			Refining &
	Black Oil		Marketing		Total
Revenues	$	30,917,093	$	15,913,554	$	46,830,647
Net income from operations	$	1,230,383	$	1,158,637	$	2,389,020

THREE MONTHS ENDED SEPTEMBER 30, 2012
				Refining &
	Black Oil			Marketing		Total
Revenues	$	23,107,903		$	13,087,667	$	36,195,570
Net income (loss) from operations	$	(1,320,428	)	$	1,739,306	$	418,878