SEGMENT REPORTING

12 Months Ended

Dec. 31, 2011

Segment Reporting [Abstract]

SEGMENT REPORTING

NOTE 12.  SEGMENT REPORTING

The Company’s reportable segments include the Black Oil and Refining & Marketing divisions.  Segment information for the years ended December 31, 2011 and 2010, are as follows:

Year Ended December 31, 2011
			Refining &
	Black Oil		Marketing		Total
Revenues	$	20,251,907	$	89,488,350	$	109,740,257
Net income from operations	$	461,310	$	3,513,078	$	3,974,388
Total Assets	$	5,106,644	$	11,627,327	$	16,733,971
Year Ended December 31, 2010
			Refining &
	Black Oil		Marketing		Total
Revenues	$	16,346,493	$	41,794,492	$	58,140,985
Net income from operations	$	812,051	$	334,586	$	1,146,637
Total Assets	$	2,113,508	$	6,025,837	$	8,139,345