SEGMENT REPORTING

9 Months Ended

Sep. 30, 2014

Segment Reporting [Abstract]

SEGMENT REPORTING

SEGMENT REPORTING

The Company’s reportable segments include the Black Oil, Refining & Marketing and Recovery divisions.  Segment information for the three and nine months ended September 30, 2014 and 2013 is as follows:

NINE MONTHS ENDED SEPTEMBER 30, 2014
	Black Oil		Refining & Marketing		Recovery			Total
Revenues	$	124,884,174	$	58,000,951	$	13,447,671		$	196,332,796
Income (loss) from operations	$	388,035	$	1,768,043	$	(1,482,431	)	$	673,647

NINE MONTHS ENDED SEPTEMBER 30, 2013
	Black Oil		Refining & Marketing		Recovery		Total
Revenues	$	65,412,393	$	38,979,504	$	10,804,953	$	115,196,850
Income from operations	$	1,276,173	$	2,260,834	$	2,092,510	$	5,629,517

THREE MONTHS ENDED SEPTEMBER 30, 2014
	Black Oil			Refining & Marketing		Recovery			Total
Revenues	$	52,434,252		$	19,655,674	$	4,813,590		$	76,903,516
Income (loss) from operations	$	(749,043	)	$	229,260	$	(606,902	)	$	(1,126,685	)

THREE MONTHS ENDED SEPTEMBER 30, 2013
	Black Oil			Refining & Marketing		Recovery		Total
Revenues	$	22,719,678		$	15,913,554	$	8,197,415	$	46,830,647
Income (loss) from operations	$	(791,121	)	$	1,158,637	$	2,021,504	$	2,389,020