Exhibit 12

KINDER MORGAN ENERGY PARTNERS, L.P. AND SUBSIDIARIES

EXHIBIT 12 – STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars In millions except ratio amounts)

	Year Ended December 31,
	2009			2008			2007			2006			2005
Earnings:
Pre-tax income from continuing operations before cumulative effect of a change in accounting principle and before adjustment for noncontrolling interests and equity earnings (including amortization of excess cost of equity investments) per statements of income	$	1,155.6		$	1,182.5		$	430.5		$	965.8		$	760.1
Add:
Fixed charges		482.9			467.4			444.8			383.7			293.8
Amortization of capitalized interest		3.8			3.0			2.0			1.3			0.8
Distributed income of equity investees		234.5			158.0			101.6			66.3			61.1
Less:
Interest capitalized from continuing operations		(32.9	)		(48.6	)		(31.4	)		(20.3	)		(9.8	)
Noncontrolling interest in pre-tax income of subsidiaries with no fixed charges		(0.2	)		(0.3	)		(0.5	)		(0.5	)		(0.4	)
Income as adjusted	$	1,843.7		$	1,762.0		$	947.0		$	1,396.3		$	1,105.6
Fixed charges:
Interest and debt expense, net per statements of income (includes amortization of debt discount, premium, and debt issuance costs; excludes capitalized interest)	$	464.4		$	446.8		$	428.5		$	365.8		$	278.2
Add:
Portion of rents representative of the interest factor		18.5			20.6			16.3			17.9			15.6
Fixed charges	$	482.9		$	467.4		$	444.8		$	383.7		$	293.8
Ratio of earnings to fixed charges		3.82			3.77			2.13			3.64			3.76