Alon USA Energy, Inc. - FORM 10-K - EX-12.1

Exhibit 12.1

ALON USA ENERGY, INC. AND SUBSIDIARIES
Statement of Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)


	Fiscal Year Ended December 31,
	2010			2009			2008			2007		2006
Ratio of Earnings to Fixed Charges:
Earnings:
Income (loss) before income tax expense (benefit), non-controlling interest in income (loss) of subsidiaries, accumulated dividends on preferred stock of subsidiary and income (loss) from equity earnings (losses) of investees	$	(228,524	)	$	(191,642	)	$	157,427		$	144,937	$	256,416

Add:
Fixed charges		110,197			127,123			89,450			57,925		35,832
Amortization of capitalized interest		469			425			344			394		441
Distributions from equity investees		6,681			19,167			2,774			9,301		2,422
Less:
Interest capitalized		(1,004	)		(1,692	)		(3,417	)		—		—


Total earnings	$	(112,181	)	$	(46,619	)	$	246,578		$	212,557	$	295,111


Fixed charges:
Interest expense, net	$	94,939		$	111,137		$	67,550		$	47,747	$	30,658
Interest capitalized		1,004			1,692			3,417			—		—
Rental expense interest factor (A)		14,254			14,294			18,483			10,178		5,174

Total fixed charges	$	110,197		$	127,123		$	89,450		$	57,925	$	35,832


Ratio of earnings to fixed charges		(B	)		(B	)		2.8x			3.7x		8.2x


(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 years ended December 31, 2010 and 2009, our ratio of earnings to fixed charges was less than one-to-one, and our coverage deficiency was approximately $222.4 million and $173.7 million, respectively.

Alon USA Energy, Inc. - FORM 10-K - EX-12.1 - March 15, 2011