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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
REVENUE FROM OPERATIONS        
Refined product sales $ 87,846,757 $ 106,541,284 $ 310,938,981 $ 320,025,559
Pipeline operations 56,900 78,909 178,793 229,162
Oil and gas sales    200    200
Total revenue from operations 87,903,657 106,620,393 311,117,774 320,254,921
COST OF OPERATIONS        
Cost of refined products sold 83,876,239 105,314,208 292,154,207 317,508,586
Refinery operating expenses 2,496,514 2,629,518 8,092,738 8,099,371
Pipeline operating expenses 50,100 40,813 139,542 122,592
Lease operating expenses 7,041 16,797 21,037 58,088
General and administrative expenses 253,437 387,100 1,049,981 1,333,203
Depletion, depreciation and amortization 393,871 337,156 1,175,643 997,671
Abandonment expense   8    51,360
Accretion expense 53,731 28,173 158,264 84,513
Total cost of operations 87,130,933 108,753,773 302,791,412 328,255,384
Income (loss) from operations 772,724 (2,133,380) 8,326,362 (8,000,463)
OTHER INCOME (EXPENSE)        
Tank rental and easement revenue 282,516 278,349 1,055,882 835,048
Interest and other income 1,813 668 45,411 2,480
Interest expense (214,407) (226,374) (675,586) (788,143)
Loss on disposal of property and equipment (4,400)    (4,400)   
Total other income 65,522 52,643 421,307 49,385
Income (loss) before income taxes 838,246 (2,080,737) 8,747,669 (7,951,078)
Income tax expense, current (22,199)    (298,792)   
Net income (loss) $ 816,047 $ (2,080,737) $ 8,448,877 $ (7,951,078)
Income (loss) per common share        
Basic $ 0.08 $ (0.20) $ 0.81 $ (0.76)
Diluted $ 0.08 $ (0.20) $ 0.81 $ (0.76)
Weighted average number of common shares outstanding:        
Basic 10,446,218 10,421,731 10,439,684 10,450,906
Diluted 10,446,218 10,421,731 10,439,684 10,450,906