Exhibit 12.1

ONEOK, Inc.

Computation of Ratio of Earnings to Fixed Charges

	Six Months Ended June 30,		Years Ended December 31,
(Unaudited)	2014		2013		2012		2011		2010		2009
			(Thousands of dollars)
Fixed Charges, as defined
Interest on long-term debt	$	186,599	$	374,520	$	326,206	$	305,523	$	287,910	$	292,768
Other interest		1,210		10,397		12,045		8,374		4,594		20,411
Amortization of debt discount, premium and expense		3,337		7,064		5,830		7,070		4,623		4,597
Interest on lease agreements		747		1,494		539		1,515		19,289		20,221
Total Fixed Charges		191,893		393,475		344,620		322,482		316,416		337,997
Earnings before income taxes and undistributed income of equity method investees		392,979		709,825		823,710		793,594		430,667		455,609
Earnings available for fixed charges	$	584,872	$	1,103,300	$	1,168,330	$	1,116,076	$	747,083	$	793,606
Ratio of earnings to fixed charges		3.05x		2.80x		3.39x		3.46x		2.36x		2.35x