Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES (Details)

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INVENTORIES (Details) (USD $)
Sep. 30, 2014
Dec. 31, 2013
INVENTORIES [Abstract]    
Raw material $ 3,802,000 $ 2,403,000
Petrochemical products 8,154,000 9,660,000
Total inventory 11,956,000 12,063,000
Excess of current cost over LIFO value 1,700,000 1,500,000
Collateral Inventory 4,300,000 4,900,000
Products in transit $ 5,600,000 $ 4,400,000