Dakota Plains S-3 Shelf registration

Exhibit 12.1

Ratio of Earnings to Fixed Charges
(dollar amounts in thousands)

	Six Months Ended			Year Ended December 31,
	June 30, 2013			2012			2011			2010			2009			2008
Earnings
Pretax loss from continuing operations	$	(5,671,145	)	$	(17,303,806	)	$	(11,668,849	)	$	(36,302	)	$	(84,266	)	$	-
Plus:
Fixed Charges-Interest Expense		1,583,198			29,212,260			3,372,400			15,702			19,147			-
Distributed Income of Equity Investees		3,065,548			1,113,463			1,952,210			659,102			-			-
Minus:
Interest capitalized		-			-			-			-			-			-
Total Earnings	$	(1,022,399	)	$	13,021,917		$	(6,344,239	)	$	638,502		$	(65,119	)	$	-
Fixed Charges
Interest expense and capitalized	$	1,583,198		$	29,212,260		$	3,372,400		$	15,702		$	19,147		$	-
Amortized premiums, discounts and capitalized expense related to indebtedness		-			-			-			-			-			-
Estimate of interest within rental expense		-			-			-			-			-			-
Total Fixed Charges	$	1,583,198		$	29,212,260		$	3,372,400		$	15,702		$	19,147		$	-
Ratio of Earnings to Fixed Charges		(0.65)x			0.45x			(1.88)x			40.66x			(3.40)x			(A)

(A) Neither our company nor its predecessor businesses existed during 2008.