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SEGMENT REPORTING
 12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
SEGMENT REPORTING
SEGMENT REPORTING
The Company’s reportable segments include the Black Oil, Refining and Marketing and Recovery segments.  Segment information for the years ended December 31, 2019 and 2018 are as follows:
YEAR ENDED DECEMBER 31, 2019
 
 
Black Oil
 
Refining and Marketing
 
Recovery
 
Total
Revenues
 
$
139,269,164

 
$
12,957,767

 
$
11,138,634

 
$
163,365,565

Income (loss) from operations
 
$
433,901

 
$
(576,487
)
 
$
(2,631,458
)
 
$
(2,774,044
)
Total assets
 
$
114,976,772

 
$
1,101,470

 
$
4,681,677

 
$
120,759,919

 
 
 
 
 
 
 
 
 
YEAR ENDED DECEMBER 31, 2018
 
 
Black Oil
 
Refining and Marketing
 
Recovery
 
Total
Revenues
 
$
143,836,981

 
$
22,935,482

 
$
13,948,198

 
$
180,720,661

Income (loss) from operations
 
$
3,561,223

 
$
(2,250,924
)
 
$
(821,951
)
 
$
488,348

Total assets
 
$
76,540,888

 
$
1,407,002

 
$
6,212,518

 
$
84,160,408