Energy Transfer Operating (ET+E) 10-Q 2008 Q2 Quarterly report

Exhibit 12.1

STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(UNAUDITED)

Sunoco Logistics Partners L.P.

	Six Months Ended June 30, 2008
Fixed Charges:
Interest cost and debt expense	$	17,406
Interest allocable to rental expense (a)		984
Total	$	18,390
Earnings:
Income before income tax expense	$	88,826
Equity in income of less than 50 percent owned affiliated companies		(11,880	)
Dividends received from less than 50 percent owned affiliated companies		10,915
Fixed charges		18,390
Interest capitalized		(1,636	)
Amortization of previously capitalized interest		123
Total	$	104,738
Ratio of Earnings to Fixed Charges		5.70

(a) Represents one-third of the total operating lease rental expense which is that portion deemed to be interest.