EXHIBIT 12

OCCIDENTAL PETROLEUM CORPORATION AND SUBSIDIARIES
COMPUTATION OF TOTAL ENTERPRISE RATIOS OF EARNINGS TO FIXED CHARGES
(Amounts in millions, except ratios)

		Three Months Ended
		March 31				Year Ended December 31
		2001		2000		2000		1999		1998		1997		1996
Income from continuing operations(a)		$	567	$	276	$	1,785	$	699	$	400	$	245	$	486
Add:
	Provision for taxes on income (other than foreign and gas taxes)		194		183		871		306		204		47		99
	Interest and debt expense(b)		122		110		540		515		576		446		492
	Portion of lease rentals representative of the interest factor		1		2		6		31		36		39		38
			317		295		1,417		852		816		532		629
Earnings (loss) before fixed charges		$	884	$	571	$	3,202	$	1,551	$	1,216	$	777	$	1,115
Fixed charges
	Interest and debt expense including capitalized interest(b)	$	123	$	110	$	543	$	522	$	594	$	462	$	499
	Portion of lease rentals representative of the interest factor		1		2		6		31		36		39		38
	Total fixed charges	$	124	$	112	$	549	$	553	$	630	$	501	$	537
Ratio of earnings to fixed charges			7.13		5.10		5.83		2.80		1.93		1.55		2.08

(a)	Includes (1) minority interest in net income of majority-owned subsidiaries having fixed charges and (2) income from less-than-50-percent-owned equity investments adjusted to reflect only dividends received.
(b)	Includes proportionate share of interest and debt expense of 50-percent-owned equity investments.