Document:

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                                                                 EXHIBIT 10.20.1

                                                                  EXECUTION COPY

                                    SECOND AMENDMENT dated as of June 16, 2005
                           (this "Amendment"), to the Amended Revolving Credit
                           Agreement, dated as of January 14, 2004 (as amended
                           by the First Amendment, dated as of February 10,
                           2005, the "Revolving Credit Agreement"), among Alon
                           USA, LP (the "Borrower"), the Guarantor Companies
                           party thereto, the Lenders party thereto and Israel
                           Discount Bank of New York, as Agent (the "Agent").

                  WHEREAS, the Parent has advised the Agent that the Parent
intends to consummate an IPO (as hereinafter defined);

                  WHEREAS, the Borrower has requested that the Required Lenders
(such term and each other capitalized term used but not otherwise defined herein
having the meaning assigned to it in the Revolving Credit Agreement) agree to
amend the Revolving Credit Agreement to modify the definition of "Change of
Control", to terminate guarantees made by Investors in favor of the Lender, to
permit the Parent and the other Companies to invest the proceeds of the IPO in
any other Company and to permit repayment, redemption or other return of any
such investment; and

                  WHEREAS, the undersigned Lenders, constituting the Required
Lenders, are willing, on the terms and subject to the conditions set forth
herein, to approve such amendments to the Revolving Credit Agreement as set
forth herein;

                  NOW, THEREFORE, in consideration of these premises and of the
mutual covenants, agreements and conditions hereinafter set forth, and for other
good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:

                  SECTION 1. Amendments to the Revolving Credit Agreement
effective as of the Second Amendment Effective Date.

                  (a) The definition of "Change of Control" in Section 1.01 of
the Revolving Credit Agreement is hereby amended as follows:

                           (i) Replacing "96%" with "51%" in subclause (i).

                           (ii) Replacing "96%" with "51%" in subclause (A) of
                  the first proviso.

                  (b) The definition of "Guaranties" in Section 1.01 of the
Revolving Credit Agreement is hereby amended by deleting subclause (ii) in its
entirety and replacing "(iii)" with "(ii)".

<PAGE>

                  (c) The definition of "Guarantors" in Section 1.01 of the
Revolving Credit Agreement is hereby amended by deleting ", the Investors".

                  (d) Section 1.01 of the Revolving Credit Agreement is hereby
amended by inserting the following definitions in proper alphabetical order in
such Section:

                           "Common Stock" shall have the meaning assigned to
                  such term in the Registration Statement.

                           "IPO" means the proposed initial public offering of
                  Common Stock of the Parent under the Securities Act, completed
                  substantially as described in the Registration Statement,
                  which offering shall be completed as a primary offering by the
                  Parent.

                           "IPO Effective Date" means the date on which the IPO
                  is consummated in accordance with the terms set forth in (i)
                  the Second Amendment and (ii) the Registration Statement.

                           "IPO Investment" means any intercompany loans,
                  advances or investments (by intercompany loan, investment in
                  Capital Stock or otherwise) made by the Parent or any other
                  Company to any other Company with proceeds of the IPO.

                           "Prospectus" means the prospectus included within the
                  Registration Statement.

                           "Registration Statement" means the Parent's Form S-1
                  Registration Statement, as filed with the SEC on May 11, 2005,
                  as amended from time to time.

                           "SEC" means the United States Securities and Exchange
                  Commission and any successor thereto.

                           "Second Amendment" means the Second Amendment to this
                  Agreement, dated as of June 16, 2005, by and among the
                  Borrower, the Guarantor Companies, the Lenders and the Agent.

                           "Securities Act" means the Securities Act of 1933, as
                  in effect from time to time.

                  (e) The definition of "Permitted Payments" in Section 1.01 of
the Revolving Credit Agreement is hereby amended as follows:

                           (i) replacing "and (iv)" with "(iv)"; and

                           (ii) inserting the following immediately before the
                  period at the end of the definition: ", and (v) upon demand by
                  any Company, repayment, redemption, dividend or other return
                  of all or any portion of

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                  any IPO Investment by any Company, to the Parent or any other
                  Company in connection with such IPO Investment, or, in the
                  case of a dividend, ratably to any of the Companies' holders
                  of Capital Stock; provided that both immediately before and
                  immediately after any such repayment, redemption or other
                  return, no Default or Event of Default shall have occurred and
                  be continuing."

                  (f) Section 6.01(f) of the Revolving Credit Agreement is
hereby amended by deleting it in its entirety and by substituting therefor the
following:

                           "(f) Subsidiaries. Schedule 6.01(f) hereto is a
                  complete and correct description of the name, jurisdiction of
                  incorporation and ownership of the outstanding Capital Stock
                  of the Companies (other than the Parent to the extent sold
                  upon the consummation of the IPO as contemplated by the
                  Prospectus) and each Subsidiary of the Companies in existence
                  on the date hereof. Except as provided in Schedule 6.01(f)
                  hereto and except for the shares of Capital Stock of the
                  Parent to be sold upon the consummation of the IPO as
                  contemplated by the Prospectus, all shares of such Capital
                  Stock owned by the Loan Parties or one or more Subsidiaries of
                  the Companies, as indicated in such Schedule, are owned free
                  and clear of all Liens other than Liens created by the Loan
                  Documents or the Term Loan Documents and Permitted Liens
                  described in clause (ii), (iii), (iv), (x) or (xi) of Section
                  7.02(a) hereof."

                  (g) Section 7.02(f) of the Revolving Credit Agreement is
hereby amended by (i) replacing "; and" with ";" at the end of paragraph (xv)
thereof; (ii) re-lettering paragraph (xvi) thereof as paragraph (xix); and (iii)
inserting the following new paragraphs(xvi), (xvii) and (xviii) at the end
thereof:

                           "(xvi) any IPO Investment; provided that both
                  immediately before and immediately after any such IPO
                  Investment by the Borrower or any of its Subsidiaries, no
                  Default or Event of Default shall have occurred and be
                  continuing;

                           (xvii) the repurchase by Alon USA Operating, Inc. of
                  its own Capital Stock from the Parent; provided that any such
                  repurchase is funded solely with the proceeds of the IPO;

                           (xviii) the repurchase by Alon Assets, Inc. of its
                  own Capital Stock from the Parent; provided that any such
                  repurchase is funded solely with the proceeds of the IPO; and"

                  (h) Section 7.02(w) of the Revolving Credit Agreement is
hereby amended by inserting the following immediately after the word "Except" in
the first line thereof: "in connection with the IPO and".

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<PAGE>

                  (i) Section 11.02 (a) of the Revolving Credit Agreement is
hereby amended by deleting "(and the obligations of the Investors under their
Guaranties)" in the ninth line, deleting "or the Investors" in both places in
the twelfth line,

                  (j) Schedule B of the Revolving Credit Agreement is hereby
amended by deleting all references to each Limited Guaranty and each Amended and
Restated Limited Guaranty mentioned therein.

                  (k) Schedule 6.01(f) is hereby amended by deleting the
existing Schedule 6.01(f) in its entirety and substituting therefor a new
Schedule 6.01(f), attached as Exhibit A hereto. All references to "Schedule
6.01(f)" in the Revolving Credit Agreement shall mean such schedule as set forth
in Exhibit A hereto.

                  (l) Alon Israel Oil Company Ltd., Africa Israel Investments
Ltd., Bielsol Investments (1987) Ltd. and Sha'ar Mandelbaum Ltd. are hereby
irrevocably released from each of their respective Limited Guaranties and
Amended and Restated Limited Guaranties, each dated as of August 8, 2000, and
each as amended and restated on September 15, 2003 in favor of the Agent (the
"Investor Limited Guaranty") and each Investor Limited Guaranty is hereby
terminated and shall be of no further force or effect.

                  SECTION 2. Representations and Warranties.

                  Each Loan Party hereby represents and warrants to the Agent
and the Lenders that, as of the date hereof and as of the Second Amendment
Effective Date:

                  (a) (i) All representations and warranties of each Company set
forth in the Loan Documents (as amended hereby), any certificate or other
writing delivered to the Agent or the Lenders are true and correct in all
material respects except to the extent that any representation or warranty
expressly relates to an earlier date (in which case such representation or
warranty is true and correct as of such earlier date), and (ii) no Default or
Event of Default has occurred and is continuing on the Second Amendment
Effective Date or will result from the Second Amendment or the IPO becoming
effective in accordance with its terms.

                  (b) The execution, delivery and performance by each Company of
this Amendment and the transactions contemplated herein and the performance by
each such Company of the Revolving Credit Agreement, as amended hereby, (i) have
been duly authorized by all necessary action; (ii) do not and will not
contravene, in the case of a corporation, its charter or by-laws, in the case of
a limited liability company, its certificate of formation and limited liability
operating agreement, or any applicable equivalent document, and in the case of a
limited partnership, its certificate of limited partnership and limited
partnership agreement, or any applicable equivalent document, or any applicable
law or any indenture, other material agreement, instrument or other material
contractual restriction binding on or otherwise affecting it or any of its
properties; (iii) do not and will not result in or require the creation of any
Lien (other than pursuant to any Loan Document) upon or with respect to any
Company's or any Company's Subsidiaries' assets or properties; and (iv) do not
and will not result in any

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suspension, revocation, impairment, forfeiture or nonrenewal of any permit,
license, authorization or approval applicable to its operations or any of its
properties except where such suspension, revocation, impairment, forfeiture or
nonrenewal is not reasonably likely to have a Material Adverse Effect.

                  (c) New Schedule 6.01(f), attached hereto as Exhibit A, is
true and correct in all respects on and as of the Second Amendment Effective
Date (other than with respect to the ownership of the outstanding Capital Stock
of the Parent to the extent sold upon the consummation of the IPO as
contemplated by the Prospectus).

                  (d) This Amendment, the Revolving Credit Agreement, as amended
hereby, and each other Loan Document to which any Company is a party is a legal,
valid and binding obligation of such Company, enforceable against such Company
in accordance with its terms, except as such enforceability may be limited by or
subject to any bankruptcy, insolvency, reorganization, moratorium or other
similar laws affecting creditors' rights generally.

                  SECTION 3. Conditions Precedent to Effectiveness.

                  (a) This Amendment shall become effective on the date on which
each of the following conditions is satisfied (the "Second Amendment Effective
Date"):

                           (i) the Agent shall have received counterparts
                  hereof, duly executed and delivered by the Borrower, the
                  Guarantor Companies, the Agent and the Required Lenders;

                           (ii) the Agent shall have received the Second
                  Amendment to the Term Loan Agreement, duly executed and
                  delivered by each party thereto and in form and substance
                  satisfactory to the Agent;

                           (iii) the Agent shall have received a certificate of
                  an authorized officer of the Parent and the Borrower, dated
                  the Second Amendment Effective Date, confirming the accuracy
                  of the representations and warranties set forth in Section 2;

                           (iv) the Agent shall have received all amounts due
                  hereunder or under the Credit Agreement and payable on or
                  prior to the Second Amendment Effective Date, including
                  reimbursement or payment of all out-of-pocket expenses
                  (including fees, charges and disbursements of counsel)
                  required to be reimbursed or paid by any Company hereunder or
                  under any Loan Document;

                           (v) the Agent shall have received a true and complete
                  copy of the Prospectus; and

                           (vi) the IPO Effective Date shall have occurred.

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<PAGE>

                  SECTION 4. Effect of Amendment.

                  Except as expressly set forth herein, this Amendment shall not
by implication or otherwise limit, impair, constitute a waiver of, or otherwise
affect the rights and remedies of the Lenders or the Agent under, the Revolving
Credit Agreement or any other Loan Document, and shall not alter, modify, amend
or in any way affect any of the terms, conditions, obligations, covenants or
agreements contained in the Revolving Credit Agreement or any other Loan
Document, all of which are ratified and affirmed in all respects and shall
continue in full force and effect. Nothing herein shall be deemed to entitle the
Borrower or any other Loan Party to a consent to, or a waiver, amendment,
modification or other change of, any of the terms, conditions, obligations,
covenants or agreements contained in the Revolving Credit Agreement or any other
Loan Document in similar or different circumstances. This Amendment shall apply
and be effective only with respect to the provisions of the Revolving Credit
Agreement specifically referred to herein. This Amendment shall constitute a
"Loan Document" for all purposes of the Revolving Credit Agreement and the other
Loan Documents.

                  SECTION 5. Continued Effectiveness of Revolving Credit
Agreement.

                  Each Loan Party hereby (a) confirms and agrees that the
Revolving Credit Agreement and each other Loan Document to which it is a party
is, and shall continue to be, in full force and effect and is hereby ratified
and confirmed in all respects except that on and after the Second Amendment
Effective Date, all references in any such Loan Document to "the Revolving
Credit Agreement", the "Agreement", "hereto", "hereof", "hereunder", "thereto",
"thereof", "thereunder" or words of like import referring to the Revolving
Credit Agreement shall mean the Revolving Credit Agreement as amended by this
Amendment, and (b) confirms and agrees that to the extent that any such Loan
Document purports to assign or pledge to the Agent, for the ratable benefit of
the Lenders, or to grant to the Agent, for the ratable benefit of the Lenders a
security interest in or Lien on, any Collateral as security for the Obligations
of the Loan Parties, or any of their respective Subsidiaries from time to time
existing in respect of the Revolving Credit Agreement and the Loan Documents,
such pledge, assignment and/or grant of the security interest or Lien is hereby
ratified and confirmed in all respects. Except as expressly provided herein, the
execution, delivery and effectiveness of this Amendment and Waiver shall not
operate as an amendment or waiver of any right, power or remedy of the Agents or
the Lenders under the Financing Agreement or any other Loan Document, nor
constitute an amendment or waiver of any provision of the Financing Agreement or
any other Loan Document.

                  SECTION 6. Counterparts.

                  This Amendment may be executed in any number of counterparts
and by different parties hereto in separate counterparts, each of which when so
executed and delivered shall be deemed an original, but all such counterparts
together shall constitute but one and the same instrument. Delivery of any
executed counterpart of a signature page of this Amendment by facsimile
transmission shall be as effective as delivery of a manually executed
counterpart hereof.

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<PAGE>

                  SECTION 7. Applicable Law.

                  THIS AMENDMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND
GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.

                  SECTION 8. Waiver of Jury Trial.

                  THE PARTIES HERETO HEREBY IRREVOCABLY AND UNCONDITIONALLY
WAIVE, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT THAT THEY
MAY HAVE TO TRIAL BY JURY OF ANY CLAIM OR CAUSE OF ACTION, OR IN ANY LEGAL
PROCEEDING, DIRECTLY OR INDIRECTLY BASED UPON OR ARISING OUT OF THIS AMENDMENT
OR THE TRANSACTIONS CONTEMPLATED BY THIS AMENDMENT (WHETHER BASED ON CONTRACT,
TORT, OR ANY OTHER THEORY).

                  SECTION 9. Headings.

                  The headings of this Amendment are for purposes of reference
only and shall not limit or otherwise affect the meaning hereof.

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<PAGE>

                  IN WITNESS WHEREOF, the Borrower, the Guarantor Companies, the
Agent and the undersigned Lenders have caused this Amendment to be duly executed
by their duly authorized officers, all as of the date first above written.

                                   Borrower:

                                   ALON USA, LP

                                   By: Alon USA GP, LLC, a Delaware limited
                                   liability company, its general partner

                                   By: /s/ David Wiessman
                                       -----------------------------------------
                                       Name: David Wiessman
                                       Title: Chairman of the Board of Managers

                                   Guarantor Companies:
                                   -------------------

                                   ALON ASSETS, INC.
                                   ALON USA OPERATING, INC
                                   ALON USA REFINING, INC.
                                   ALON USA PIPELINE, INC.
                                   ALON PETROLEUM PIPE LINE COMPANY
                                   FIN-TEX PIPE LINE COMPANY
                                   T & R ASSETS, INC.
                                   ALON USA ASPHALT, INC.
                                   ALON ASPHALT BAKERSFIELD, INC
                                   ALON USA, INC.
                                   ALON USA ENERGY, INC.
                                   ALON USA CAPITAL, INC.

                                   By: /s/ David Wiessman
                                       -----------------------------------------
                                       Name:  David Wiessman
                                       Title: Chairman of the Board of Directors

                                   ALON USA GP, LLC

                                   By: /s/ David Wiessman
                                       -----------------------------------------
                                       Name:  David Wiessman
                                       Title: Chairman of the Board of Managers

<PAGE>

                                   SOUTHWEST CONVENIENCE STORES, LLC
                                   ALON USA INTERESTS, LLC

                                   By: /s/ Jeffrey D. Morris
                                       -----------------------------------------
                                       Name:  Jeffrey D. Morris
                                       Title: Chairman of the Board of Managers

                                   ALON USA DELAWARE, LLC

                                   ALON PIPELINE LOGISTICS, LLC

                                   By: /s/ David Wiessman
                                       -----------------------------------------
                                       Name:  David Wiessman
                                       Title: President

<PAGE>

                                   Agent and Lender:

                                   ISRAEL DISCOUNT BANK OF NEW YORK

                                   By: /s/ Amir Barash
                                       -----------------------------------------
                                       Name:  Amir Barash
                                       Title: FVP

                                   By: /s/ Kevin Lord
                                       -----------------------------------------
                                       Name:  Kevin Lord
                                       Title: VP

                                   Agent and Lender:

                                   BANK LEUMI USA

                                   By: /s/ Ronnie Prezelmeyer
                                       -----------------------------------------
                                       Name:  Ronnie Prezelmeyer
                                       Title: Assistant Treasurer

                                   By: /s/ Yuval Talmy
                                       -----------------------------------------
                                       Name:  Yuval Talmy
                                       Title: Vice President<PAGE>

                                                                 EXHIBIT 10.21.1

                AMENDMENT TO MANAGEMENT AND CONSULTING AGREEMENT

         This Amendment to Management and Consulting Agreement, dated as of
17th (the "Amendment"), is made by and among Alon USA, Inc., a Delaware
corporation (the "Company"), Alon Israel Oil Company, Ltd., a limited liability
company formed under the laws of Israel ("Alon Israel") and Alon USA Energy,
Inc., a Delaware corporation ("Alon Energy") (Alon Israel and Alon Energy are
hereinafter collectively referred to as the "Consultants").

                                   WITNESSETH:

         WHEREAS, the Company and the Consultants entered into a Management and
Consulting Agreement ("Management Agreement") dated as of August 1, 2003;

         WHEREAS, Alon Energy is contemplating an initial public offering (the
"IPO");

         WHEREAS, in connection with the IPO, the parties hereto wish to make
certain changes to the Management Agreement to become effective immediately upon
the consummation of the IPO ("Effective Date");

         NOW, THEREFORE, in consideration of mutual covenants and agreements set
forth herein and in reliance upon the representations contained herein, the
parties hereto covenant and agree effective on the Effective Date:

                                    ARTICLE I
                               CHANGE IN SERVICES

         Section 1.2 shall be substituted it in its entirety by the following:

         "Section 1.2 Services of The Consultants. The Consultants shall make
reasonably available to the Company the services of their employees and officers
to assist and interact with management of the Company regarding policy
initiatives, financial planning and strategic planning relating to the ongoing
operations of the Company, including the ongoing implementation thereof, and to
perform such other services as mutually agreed upon from time to time by the
Company and the Consultants. Unless otherwise further agreed, the Services shall
include:

         (a) Assisting the Company in the strategic planning of the Company's
long-term goals;

         (b) Consulting the Company regarding implementing, at the Company's
service stations in the U.S., Alon Israel's ring technology and cell technology
for increasing the speed, efficiency and convenience of refueling by customers;

<PAGE>

         (c) Assisting and advising the Company in identifying and implementing
marketing strategies, promotions and techniques used by Alon Israel; and

         (d) Assisting and advising the Company in identifying and implementing
new technologies and plant modifications to improve production and efficiencies;

         (e) Assisting the Company in identifying new markets and analyzing the
risks and benefits of entering such markets.

                                   ARTICLE II
                                 CHANGE IN TERM

         Notwithstanding Section 2.1 of the Management Agreement it is hereby
agreed that the term of this Agreement shall be extended and shall end on
December 31, 2009

                                   ARTICLE III
                    CHANGE IN COMPENSATION OF THE CONSULTANTS

         Notwithstanding section 3.1 to the Management Agreement the parties
have agreed to terminate the Management Consulting Fee for a lump Sum of
$6,000,000 payable to Alon Israel by the Company as follows: (a) $2,000,000
payable by no later than the Effective Date, and (b) $4,000,000 payable by no
later than March 15, 2006.

                                   ARTICLE IV
                               EFFECT OF AMENDMENT

Except as expressly set forth herein, this Amendment shall not alter, modify,
amend or in any way affect any of the terms, conditions, obligations, covenants
or agreements contained in the Management Agreement all of which are ratified
and affirmed in all respects and shall continue in full force and effect.

                            [SIGNATURE PAGE FOLLOWS.]

                                      -2-

<PAGE>

         IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed as of the date and year first above written.

                                 ALON USA, INC.

                                 By:   /s/ DAVID WIESSMAN
                                     ----------------------------------------
                                 Name:     David Wiessman
                                      ---------------------------------------
                                 Title:    Chairman
                                        -------------------------------------

                                 ALON ISRAEL OIL COMPANY, LTD.

                                 By:   /s/ DAVID WIESSMAN
                                     ----------------------------------------
                                 Name:     David Wiessman
                                       --------------------------------------
                                 Title:    President & CEO
                                        -------------------------------------

                                 ALON USA ENERGY, INC.

                                 By:   /s/ DAVID WIESSMAN
                                     ----------------------------------------
                                 Name:     David Wiessman
                                       --------------------------------------
                                 Title:    Executive Chairman
                                        -------------------------------------

                                      -3-

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