Quarterly report pursuant to sections 13 or 15(d)

INVENTORIES (Details)

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INVENTORIES (Details) (USD $)
Sep. 30, 2012
Dec. 31, 2011
INVENTORIES [Abstract]    
Raw material $ 4,144,000 $ 3,400,000
Petrochemical products 6,181,000 6,056,000
Total inventory 10,325,000 9,456,000
Excess of current cost over LIFO value 1,800,000 2,300,000
Collateral Inventory 5,100,000 4,800,000
Products in transit $ 2,900,000 $ 2,000,000