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 12 – 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 14)
 
 
350
 
 
 
350
 
Accrued federal income taxes
 
 
-
 
 
 
315
 
Other liabilities
 
 
558
 
 
 
538
 
Total
 
$
2,687
 
 
$
2,944