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SEGMENT REPORTING (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Revenues $ 31,293,193 $ 27,790,860 $ 66,121,132 $ 48,099,763  
Income from operations (168,486) 1,458,902 1,521,831 2,703,743  
Total Assets 19,002,293   19,002,293   16,733,971
Black Oil
         
Revenues 9,924,088 4,446,043 18,524,464 8,848,149  
Income from operations 249,502 37,630 571,715 39,632  
Total Assets 8,813,701   8,813,701    
Refining & Marketing
         
Revenues 21,369,105 23,344,817 47,596,668 39,251,614  
Income from operations (417,988) 1,421,272 950,116 2,664,111  
Total Assets $ 10,188,592   $ 10,188,592