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SEGMENT REPORTING
 12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
SEGMENT REPORTING
SEGMENT REPORTING
The Company’s reportable segments include the Black Oil, Refining and Marketing and Recovery divisions.  Segment information for the years ended December 31, 2016 and 2015 are as follows:
YEAR ENDED DECEMBER 31, 2016
 
 
Black Oil
 
Refining and Marketing
 
Recovery
 
Total
Revenues
 
$
76,634,940

 
$
13,154,777

 
$
8,289,197

 
$
98,078,914

Net loss from operations
 
$
(8,849,055
)
 
$
(402,317
)
 
$
(861,142
)
 
$
(10,112,514
)
Total Assets
 
$
80,774,533

 
$
1,573,395

 
$
4,638,040

 
$
86,985,968

 
 
 
 
 
 
 
 
 
YEAR ENDED DECEMBER 31, 2015
 
 
Black Oil
 
Refining and Marketing
 
Recovery
 
Total
Revenues
 
$
103,890,188

 
$
31,154,066

 
$
11,898,207

 
$
146,942,461

Net loss from operations
 
$
(15,957,969
)
 
$
363,708

 
$
1,501,220

 
$
(14,093,041
)
Total Assets
 
$
87,326,506

 
$
1,845,669

 
$
4,472,641

 
$
93,644,816