SEGMENT REPORTING

12 Months Ended

Dec. 31, 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 years ended December 31, 2014 , 2013 and 2012, are as follows:

YEAR ENDED DECEMBER 31, 2014
	Black Oil			Refining & Marketing			Recovery			Total
Revenues	$	170,912,949		$	72,695,922		$	15,295,996		$	258,904,867
Net loss from operations	$	(6,524,843	)	$	(318,107	)	$	(3,651,671	)	$	(10,494,621	)
Total Assets	$	122,691,362		$	4,471,858		$	6,659,011		$	133,822,231
YEAR ENDED DECEMBER 31, 2013
	Black Oil			Refining & Marketing			Recovery			Total
Revenues	$	89,120,218		$	55,729,434		$	17,117,600		$	161,967,252
Net income from operations	$	1,057,254		$	3,044,773		$	2,949,176		$	7,051,203
Total Assets	$	48,172,680		$	8,817,544		$	7,556,132		$	64,546,356
YEAR ENDED DECEMBER 31, 2012
	Black Oil			Refining & Marketing			Recovery			Total
Revenues	$	89,132,373		$	44,335,551		$	1,105,319		$	134,573,243
Net income (loss) from operations	$	(764,246	)	$	3,162,150		$	(6,654	)	$	2,391,250
Total Assets	$	44,581,361		$	4,254,082		$	266,934		$	49,102,377