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SEGMENT REPORTING (Tables)
6 Months Ended
Jun. 30, 2012
Segment Reporting [Abstract]  
Company reportable segments
SIX MONTHS ENDED JUNE 30, 2012  
   
        Refining &      
    Black Oil   Marketing   Total  
Revenues   $18,524,464   $47,596,668   $66,121,132
               
Income from operations   $ 571,715   $ 950,116   $1,521,831
               
Total Assets   $ 8,813,701   $ 10,188,592   $ 19,002,293
               
   
SIX MONTHS ENDED JUNE 30, 2011  
   
        Refining &      
    Black Oil   Marketing   Total  
Revenues   $8,848,149   $39,251,614   $48,099,763  
               
Income from operations   $ 39,632   $ 2,664,111   $2,703,743  

 

THREE MONTHS ENDED JUNE 30, 2012
 
        Refining &    
    Black Oil   Marketing   Total
Revenues   $9,924,088   $21,369,105   $31,293,193
             
Income (loss) from operations   $ 249,502   $ (417,988)   $ (168,486)

 

THREE MONTHS ENDED JUNE 30, 2011
 
        Refining &    
    Black Oil   Marketing   Total
Revenues   $4,446,043   $23,344,817   $27,790,860
             
Income from operations   $ 37,630   $ 1,421,272   $1,458,902