Exhibit 12.1
ALON USA ENERGY, INC. AND SUBSIDIARIES
Statement Regarding Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)
                                         
    Fiscal Year Ended December 31,  
    2009     2008     2007     2006     2005  
Ratio of Earnings to Fixed Charges:
                                       
Earnings:
                                       
Income before income tax expense (benefit), minority interest in income (loss) of subsidiaries, accumulated dividends on preferred stock of subsidiary and income (loss) from equity earnings (losses) of investees
  $ (191,642 )   $ 157,427     $ 144,937     $ 256,416     $ 174,212  
 
Add:
                                       
Fixed charges
    121,232       83,663       52,889       35,832       23,998  
Amortization of capitalized interest
    425       344       394       441       311  
Distributions from equity investees
    19,167       2,774       9,301       2,422       1,617  
Less:
                                       
Interest capitalized
    (1,692 )     (3,417 )                 (927 )
 
                             
Total earnings
  $ (52,510 )   $ 240,791     $ 52,038     $ 295,111     $ 199,211  
 
                             
 
                                       
Fixed charges:
                                       
Interest expense, net
  $ 111,137     $ 67,550     $ 47,747     $ 30,658     $ 19,326  
Interest capitalized
    1,692       3,417                   927  
Rental expense interest factor (A)
    8,403       12,696       5,142       5,174       3,745  
 
                             
Total fixed charges
  $ 121,232     $ 83,663     $ 52,889     $ 35,832     $ 23,998  
 
                             
Ratio of earnings to fixed charges
    (B )     2.9x       3.9x       8.2x       8.3x  
 
                             
 
(A)   The interest portion of rental expense represents one-third of rents, which is deemed representative of the interest portion of rental expense.
 
(B)   For the year ended December 31, 2009, our ratio of earnings to fixed charges was less than one-to-one, and our coverage deficiency was approximately $173.7 million.