Adams Resources and Energy, Inc. and its subsidiaries engage in the marketing of crude oil, natural gas, and petroleum products in Houston, Texas. It also provides tank truck transportation of liquid chemicals, and exploration and production of oil and gas. The company purchases crude oil and natural gas, and arranges sales and deliveries to refiners and other customers in Texas and Louisiana with additional operations in Michigan. In addition, it markets branded and unbranded refined petroleum products, such as motor fuels and lubricants. The company transports liquid chemicals on a ‘for hire' basis throughout the continental United States and Canada. Further, Adams Resources also engages in the exploration and development of domestic oil and gas properties primarily in the Louisiana and Texas Gulf Coast. As of December 31, 2006, it had proved reserves of 396 barrels of crude oil and 8,300 thousand cubic feet of natural gas. The company was founded in 1973 and is headquartered in Houston, Texas.