United Refining S-4/A Registration of securities issued in business combination transactions (amended)

Exhibit 12

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(in thousands except ratios)

	06		07		08			09		10			6 mos. ended 2/28/2010			6 mos. ended 2/28/2011			LTM ended 2/28/2011
FIXED CHARGES (1)
Interest expensed and capitalized	$	24,645	$	28,178	$	36,934		$	36,006	$	35,177		$	17,183		$	17,792		$	35,786
Amortized premiums related to indebtness		1,429		1,083		424			385		333			167			166			332
Operating lease expense		10,876		11,094		11,564			11,342		12,107			5,541			6,068			12,634
Estimate of interest within rental expense		3,622		3,694		3,851			3,777		4,032			1,845			2,021			4,207
Total Fixed Charges		29,696		32,955		41,209			40,168		39,542			19,195			19,979			40,325
EARNINGS (1)
ADD
Pretax income (loss)		108,463		145,386		(85,390	)		64,262		(114,780	)		(75,690	)		(12,201	)		(51,291	)
Fixed Charges		29,696		32,955		41,209			40,168		39,542			19,195			19,979			40,325
TOTAL EARNINGS	$	138,159	$	178,341	$	(44,181	)	$	104,430	$	(75,238	)	$	(56,495	)	$	7,778		$	(10,966	)
RATIO OF EARNINGS TO FIXED CHARGES		4.7		5.4		—			2.6		—			—			—			—

(1) Represents amounts attributable to United Refining Company’s stockholder.