SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2013

Schedule of the Company's reportable segment information

Segment information for the three months ended March 31, 2013 and 2012 is as follows:

THREE MONTHS ENDED MARCH 31, 2013

			Refining &
	Black Oil		Marketing		Total
Revenues	$	24,423,055	$	8,831,746	$	33,254,801

Net income from operations	$	1,110,210	$	101,464	$	1,211,674

Total Assets	$	45,572,502	$	3,765,563	$	49,338,065


THREE MONTHS ENDED MARCH 31, 2012

			Refining &
	Black Oil		Marketing		Total
Revenues	$	24,160,235	$	10,667,704	$	34,827,939

Net income from operations	$	994,537	$	695,780	$	1,690,317

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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