REVENUES

Disaggregation of Revenue

The following table presents our revenues disaggregated by revenue source:



	Three Months Ended June 30, 2019
	Black Oil		Refining & Marketing		Recovery		Total
Primary Geographical Markets
Northern United States	$	9,880,565	$	—	$	—	$	9,880,565
Southern United States	28,027,246		3,277,402		2,472,079		33,776,727
	$	37,907,811	$	3,277,402	$	2,472,079	$	43,657,292
Sources of Revenue
Petroleum products	$	37,907,811	$	3,277,402	$	642,596	$	41,827,809
Metals	—		—		1,829,483		1,829,483
Total revenues	$	37,907,811	$	3,277,402	$	2,472,079	$	43,657,292



	Six Months Ended June 30, 2019
	Black Oil		Refining & Marketing		Recovery		Total
Primary Geographical Markets
Northern United States	$	19,204,348	$	—	$	—	$	19,204,348
Southern United States	51,518,650		6,136,023		6,118,983		63,773,656
	$	70,722,998	$	6,136,023	$	6,118,983	$	82,978,004
Sources of Revenue
Petroleum products	$	70,722,998	$	6,136,023	$	1,854,113	$	78,713,134
Metals	—		—		4,264,870		4,264,870
Total revenues	$	70,722,998	$	6,136,023	$	6,118,983	$	82,978,004



	Three Months Ended June 30, 2018
	Black Oil		Refining & Marketing		Recovery		Total
Primary Geographical Markets
Northern United States	$	10,115,827	$	—	$	—	$	10,115,827
Southern United States	28,353,304		4,392,870		4,055,769		36,801,943
	$	38,469,131	$	4,392,870	$	4,055,769	$	46,917,770
Sources of Revenue
Petroleum products	$	38,469,131	$	4,392,870	$	683,270	$	43,545,271
Metals	—		—		3,372,499		3,372,499
Total revenues	$	38,469,131	$	4,392,870	$	4,055,769	$	46,917,770



	Six Months Ended June 30, 2018
	Black Oil		Refining & Marketing		Recovery		Total
Primary Geographical Markets
Northern United States	$	18,953,057	$	—	$	—	$	18,953,057
Southern United States	51,753,320		10,068,111		7,511,477		69,332,908
	$	70,706,377	$	10,068,111	$	7,511,477	$	88,285,965
Sources of Revenue
Petroleum products	$	70,706,377	$	10,068,111	$	1,060,412	$	81,834,900
Metals	—		—		6,451,065		6,451,065
Total revenues	$	70,706,377	$	10,068,111	$	7,511,477	$	88,285,965

Petroleum products- We derive a majority of our revenues from the sale of recovered/re-refined petroleum products, which include Base Oil, VGO (Vacuum Gas Oil), Pygas, Gasoline, Cutterstock and Fuel Oils.

Metals- Consist of recoverable ferrous and non-ferrous recyclable metals from manufacturing and consumption. Scrap metal can be recovered from pipes, barges, boats, building supplies, surplus equipment, tanks, and other items consisting of metal composition. These materials are segregated, processed, cut-up and sent back to a steel mill for re-purposing.