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INVENTORIES (Details) (USD $)
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Jun. 30, 2012
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Dec. 31, 2011
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| INVENTORIES [Abstract] | ||
| Raw material | $ 2,857,000 | $ 3,400,000 |
| Petrochemical products | 5,910,000 | 6,056,000 |
| Total inventory | 8,767,000 | 9,456,000 |
| Excess of current cost over LIFO value | 600,000 | 2,300,000 |
| Collateral Inventory | 3,300,000 | 4,800,000 |
| Products in transit | $ 2,500,000 | $ 2,000,000 |
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- Definition
The amount of inventories as collateral in the entity's line of credit. No definition available.
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- Definition
The excess of replacement or current cost over the stated LIFO (last in first out) inventory value when the LIFO inventory method is utilized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount as of the balance sheet date of finished goods inventories for petroleum products, crude oil, petrochemical products, and other oil and gas inventories. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Carrying amount (lower of cost or market) as of the balance sheet date of inventories less all valuation and other allowances. Excludes noncurrent inventory balances (expected to remain on hand past one year or one operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Gross amount of unprocessed items to be consumed in the manufacturing or production process. Also includes purchased parts that will be used as components of a finished product. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Gross amount of merchandise or supplies to which the entity holds the title but does not hold physical possession because the goods are currently being transported. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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