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                                                     |  | 2003                    |       | 2002 |   | 2001 |  | 2000 |       |  | 1999 |      
|Earnings from continuing operations                                     |  | $                       | 744   |      | $ | 361  |  | $    | 626   |  | $    | 746   |   |  | $ | 141 |  
|Provision for income taxes                                              |  |                         | 531   |      |   | 287  |  |      | 457   |  |      | 500   |   |  |   | 128 |  
|Minority interests                                                      |  |                         | 9     |      |   | 6    |  |      | 41    |  |      | 16    |   |  |   | 16  |  
|Distributions (less than) greater than earnings from equity investments |  |                         | 39    |      |   | 6    |  |      | 69    |  |      | (57   | ) |  |   | (4  | )
|                                                                        |  |                         |       |      |   |      |  |      |       |  |      |       |   |  |   |     |  
|Earnings subtotal(a)                                                    |  |                         | 1,323 |      |   | 660  |  |      | 1,193 |  |      | 1,205 |   |  |   | 281 |  
|                                                                        |  |                         |       |      |  
|Fixed charges included in earnings:                                     |  |                         |       |      |   |      |  |      |       |  |      |       |   |  |   |     |  
|Interest expense                                                        |  |                         | 190   |      |   | 179  |  |      | 192   |  |      | 210   |   |  |   | 199 |  
|Interest portion of rentals(b)                                          |  |                         | 24    |      |   | 23   |  |      | 19    |  |      | 20    |   |  |   | 22  |  
|                                                                        |  |                         |       |      |   |      |  |      |       |  |      |       |   |  |   |     |  
|Fixed charges subtotal                                                  |  |                         | 214   |      |   | 202  |  |      | 211   |  |      | 230   |   |  |   | 221 |  
|                                                                        |  |                         |       |      |  
|Earnings from continuing operations available before fixed charges      |  | $                       | 1,537 |      | $ | 862  |  | $    | 1,404 |  | $    | 1,435 |   |  | $ | 502 |  
|                                                                        |  |                         |       |      |   |      |  |      |       |  |      |       |   |  |   |     |  
|Fixed charges:                                                          |  |                         |       |      |   |      |  |      |       |  |      |       |   |  |   |     |  
|Fixed charges included in earnings                                      |  |                         | 214   |      |   | 202  |  |      | 211   |  |      | 230   |   |  |   | 221 |  
|Capitalized interest                                                    |  |                         | 60    |      |   | 46   |  |      | 27    |  |      | 13    |   |  |   | 16  |  
|                                                                        |  |                         |       |      |   |      |  |      |       |  |      |       |   |  |   |     |  
|Total fixed charges                                                     |  | $                       | 274   |      | $ | 248  |  | $    | 238   |  | $    | 243   |   |  | $ | 237 |  
|                                                                        |  |                         |       |      |   |      |  |      |       |  |      |       |   |  |   |     |  
|Ratio of earnings from continuing operations to fixed charges           |  |                         | 5.6   |      |   | 3.5  |  |      | 5.9   |  |      | 5.9   |   |  |   | 2.1 |  
|                                                                        |  |                         |       |      |   |      |  |      |       |  |      |       |   |  |   |     |  
|                                                                        |  |                         |       |      |  
|(a)Includes pre-tax impairment of :                                     |  |                         | 93    |      |   | 47   |  |      | 137   |  |      | 66    |   |  |   | 23  |  
|                                                                        |  |                         |       |      |  
|The ratio of earnings, excluding impairment, to fixed charges would be: |  |                         | 5.9   |      |   | 3.7  |  |      | 6.5   |  |      | 6.2   |   |  |   | 2.2 |  
|                                                                        |  |                         |       |      |  
|(b)Calculated as one-third of operating rental expense.                 |  |                         |       |      |   |      |  |      |       |  |      |       |   |  |   |     |