Genesis Energy (GEL) S-3/A Shelf registration (amended)

Exhibit 12.1

RATIO OF EARNINGS TO FIXED CHARGES

	Year Ended December 31,															Six Months Ended
	2012			2013			2014			2015			2016			June 30, 2017
	(in thousands, except ratio)
Pre-tax income from continuing operations before adjustment for noncontrolling interests in consolidated subsidiaries or income or loss from equity investees	$	73,787		$	62,174		$	65,912		$	371,122		$	66,480		$	39,315
Capitalized interest		(3,891	)		(13,324	)		(13,785	)		(17,068	)		(26,576	)		(11,907	)
Depreciation of capitalized interest		302			1,190			2,109			3,247			5,019			2,907
Distributions from 50% or less owned companies carried at equity		38,809			46,564			75,528			97,468			87,220			40,191
Adjustedpre-tax income from continuing operations before adjustment for noncontrolling interests in consolidated subsidiaries or income or loss from equity investees	$	109,007		$	96,604		$	129,764		$	454,769		$	132,143		$	70,506
Fixed charges
Interest on long-term debt	$	40,923		$	48,583		$	66,772		$	99,730		$	138,737		$	74,091
Capitalized interest		3,891			13,324			13,785			17,068			26,576			11,907
Rental expenses representative of an interest factor		5,383			6,919			9,485			9,208			10,477			5,238
Total fixed charges	$	50,197		$	68,826		$	90,042		$	126,006		$	175,790		$	91,236
Adjustedpre-tax income from continuing operations before adjustment for noncontrolling interests in consolidated subsidiaries or income or loss from equity investees plus total fixed charges	$	159,204		$	165,430		$	219,806		$	580,775		$	307,933		$	161,742
RATIO OF EARNINGS TO FIXED CHARGES		3.2			2.4			2.4			4.6			1.8			1.8