EXHIBIT 12.2



UNION OIL COMPANY OF CALIFORNIA AND CONSOLIDATED SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES



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|----------------------------------------------------------------------- |  | ----------------------- | ----- | - | ---- | - | ----- |  | ---- | --- | ---- | - | ----- |  | - | ----- | -
|                                                                        |  | Year ended December 31, |      
|Millions of dollars                                                     |  | 2004                    |       |   | 2003 |   | 2002  |  | 2001 |     | 2000 |  
|Earnings from continuing operations                                     |  | $                       | 1,180 |   |      | $ | 732   |  | $    | 354 |      | $ | 618   |  | $ | 745   |  
|Provision for income taxes                                              |  |                         | 681   |   |      |   | 523   |  |      | 284 |      |   | 453   |  |   | 499   |  
|Minority interests                                                      |  |                         | 11    |   |      |   | 9     |  |      | 6   |      |   | 41    |  |   | 16    |  
|Distributions greater (less) than earnings from equity investments      |  |                         | (16   | ) |      |   | 39    |  |      | 6   |      |   | 69    |  |   | (57   | )
|                                                                        |  |                         |       |   |      |   |       |  |      |     |      |   |       |  |   |       |  
|Earnings subtotal (a)                                                   |  |                         | 1,856 |   |      |   | 1,303 |  |      | 650 |      |   | 1,181 |  |   | 1,203 |  
|Fixed charges included in earnings:                                     |  |                         |       |   |      |   |       |  |      |     |      |   |       |  |   |       |  
|Interest expense                                                        |  |                         | 127   |   |      |   | 190   |  |      | 179 |      |   | 192   |  |   | 210   |  
|Interest portion of rentals (b)                                         |  |                         | 24    |   |      |   | 24    |  |      | 23  |      |   | 19    |  |   | 20    |  
|                                                                        |  |                         |       |   |      |   |       |  |      |     |      |   |       |  |   |       |  
|Fixed charges subtotal                                                  |  |                         | 151   |   |      |   | 214   |  |      | 202 |      |   | 211   |  |   | 230   |  
|Earnings from continuing operations available before fixed charges      |  | $                       | 2,007 |   |      | $ | 1,517 |  | $    | 852 |      | $ | 1,392 |  | $ | 1,433 |  
|                                                                        |  |                         |       |   |      |   |       |  |      |     |      |   |       |  |   |       |  
|Fixed charges:                                                          |  |                         |       |   |      |   |       |  |      |     |      |   |       |  |   |       |  
|Fixed charges included in earnings                                      |  | $                       | 151   |   |      | $ | 214   |  | $    | 202 |      | $ | 211   |  | $ | 230   |  
|Capitalized interest                                                    |  |                         | 65    |   |      |   | 60    |  |      | 46  |      |   | 27    |  |   | 13    |  
|                                                                        |  |                         |       |   |      |   |       |  |      |     |      |   |       |  |   |       |  
|Total fixed charges                                                     |  | $                       | 216   |   |      | $ | 274   |  | $    | 248 |      | $ | 238   |  | $ | 243   |  
|                                                                        |  |                         |       |   |      |   |       |  |      |     |      |   |       |  |   |       |  
|Ratio of earnings from continuing operations to fixed charges           |  |                         | 9.3   |   |      |   | 5.5   |  |      | 3.4 |      |   | 5.8   |  |   | 5.9   |  
|                                                                        |  |                         |       |   |      |   |       |  |      |     |      |   |       |  |   |       |  
|(a)    Includes pre-tax impairment of :                                 |  | $                       | 74    |   |      | $ | 93    |  | $    | 47  |      | $ | 137   |  | $ | 66    |  
|                                                                        |  |                         |       |   |     
|The ratio of earnings, excluding impairment, to fixed charges would be: |  |                         | 9.6   |   |      |   | 5.9   |  |      | 3.6 |      |   | 6.4   |  |   | 6.2   |  
|                                                                        |  |                         |       |   |     
|(b) Calculated as one-third of operating rental expense.                |  |                         |       |   |      |   |       |  |      |     |      |   |       |  |   |       |