Annual report pursuant to section 13 and 15(d)

ACCRUED LIABILITIES

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ACCRUED LIABILITIES
12 Months Ended
Dec. 31, 2012
ACCRUED LIABILITIES [Abstract]  
ACCRUED LIABILITIES
NOTE 13 – ACCRUED LIABILITIES


Accrued liabilities at December 31 are summarized as follows:
 
2012
   
2011
 
   
(thousands of dollars)
 
Accrued state taxes
  $ 197     $ 188  
Accrued payroll
    1,035       1,130  
Accrued officers' compensation
    547       423  
Accrued environmental costs (Note 15)
    350       350  
Accrued federal income taxes
    -       315  
Other liabilities
    558       538  
   Total
  $ 2,687     $ 2,944