LaTeXTools Error: Minimum Working Example

MWE.log

This is pdfTeX, Version 3.1415926-2.4-1.40.13 (TeX Live 2012) (format=pdflatex 2012.9.16)  9 NOV 2012 15:45
entering extended mode
 restricted \write18 enabled.
 %&-line parsing enabled.
**MWE.tex
(./MWE.tex
LaTeX2e <2011/06/27>
Babel <v3.8m> and hyphenation patterns for english, dumylang, nohyphenation, ge
rman-x-2012-05-30, ngerman-x-2012-05-30, afrikaans, ancientgreek, ibycus, arabi
c, armenian, basque, bulgarian, catalan, pinyin, coptic, croatian, czech, danis
h, dutch, ukenglish, usenglishmax, esperanto, estonian, ethiopic, farsi, finnis
h, french, friulan, galician, german, ngerman, swissgerman, monogreek, greek, h
ungarian, icelandic, assamese, bengali, gujarati, hindi, kannada, malayalam, ma
rathi, oriya, panjabi, tamil, telugu, indonesian, interlingua, irish, italian, 
kurmanji, latin, latvian, lithuanian, mongolian, mongolianlmc, bokmal, nynorsk,
 polish, portuguese, romanian, romansh, russian, sanskrit, serbian, serbianc, s
lovak, slovenian, spanish, swedish, turkish, turkmen, ukrainian, uppersorbian, 
welsh, loaded.
(/usr/local/texlive/2012/texmf-dist/tex/latex/base/article.cls
Document Class: article 2007/10/19 v1.4h Standard LaTeX document class
(/usr/local/texlive/2012/texmf-dist/tex/latex/base/size12.clo
File: size12.clo 2007/10/19 v1.4h Standard LaTeX file (size option)
)
\c@part=\count79
\c@section=\count80
\c@subsection=\count81
\c@subsubsection=\count82
\c@paragraph=\count83
\c@subparagraph=\count84
\c@figure=\count85
\c@table=\count86
\abovecaptionskip=\skip41
\belowcaptionskip=\skip42
\bibindent=\dimen102
)
(/usr/local/texlive/2012/texmf-dist/tex/generic/xypic/xy.sty
(/usr/local/texlive/2012/texmf-dist/tex/generic/xypic/xy.tex Bootstrap'ing:
catcodes, docmode,
(/usr/local/texlive/2012/texmf-dist/tex/generic/xypic/xyrecat.tex)
(/usr/local/texlive/2012/texmf-dist/tex/generic/xypic/xyidioms.tex)

 Xy-pic version 3.8.8 <2012/05/24>
 Copyright (c) 1991-2011 by Kristoffer H. Rose <krisrose@tug.org>
 Xy-pic is free software: see the User's Guide for details.

Loading kernel: messages; fonts; allocations: state,
\X@c=\dimen103
\Y@c=\dimen104
\U@c=\dimen105
\D@c=\dimen106
\L@c=\dimen107
\R@c=\dimen108
\Edge@c=\toks14
\X@p=\dimen109
\Y@p=\dimen110
\U@p=\dimen111
\D@p=\dimen112
\L@p=\dimen113
\R@p=\dimen114
\Edge@p=\toks15
\X@origin=\dimen115
\Y@origin=\dimen116
\X@xbase=\dimen117
\Y@xbase=\dimen118
\X@ybase=\dimen119
\Y@ybase=\dimen120
\X@min=\dimen121
\Y@min=\dimen122
\X@max=\dimen123
\Y@max=\dimen124
\lastobjectbox@=\box26
\zerodotbox@=\box27
\almostz@=\dimen125
 direction,
\d@X=\dimen126
\d@Y=\dimen127
\K@=\count87
\KK@=\count88
\Direction=\count89
\K@dXdY=\dimen128
\K@dYdX=\dimen129
\xyread@=\read1
\xywrite@=\write3
\csp@=\count90
\quotPTK@=\dimen130

utility macros; pictures: \xy, positions,
\swaptoks@@=\toks16
\connectobjectbox@@=\box28
 objects,
\styletoks@=\toks17
 decorations;
kernel objects: directionals, circles, text; options; algorithms: directions,
edges, connections;  Xy-pic loaded)
(/usr/local/texlive/2012/texmf-dist/tex/generic/oberdiek/ifpdf.sty
Package: ifpdf 2011/01/30 v2.3 Provides the ifpdf switch (HO)
Package ifpdf Info: pdfTeX in PDF mode is detected.
)
Package: xy 2012/05/24 Xy-pic version 3.8.8

(/usr/local/texlive/2012/texmf-dist/tex/generic/xypic/xyall.tex
 Xy-pic option: All features v.3.8
(/usr/local/texlive/2012/texmf-dist/tex/generic/xypic/xycurve.tex
 Xy-pic option: Curve and Spline extension v.3.12 curve,
\crv@cnt@=\count91
\crvpts@=\toks18
\splinebox@=\box29
\splineval@=\dimen131
\splinedepth@=\dimen132
\splinetol@=\dimen133
\splinelength@=\dimen134
 circles,
\L@=\dimen135
 loaded)
(/usr/local/texlive/2012/texmf-dist/tex/generic/xypic/xyframe.tex
 Xy-pic option: Frame and Bracket extension v.3.14 loaded)
(/usr/local/texlive/2012/texmf-dist/tex/generic/xypic/xycmtip.tex
 Xy-pic option: Computer Modern tip extension v.3.7
(/usr/local/texlive/2012/texmf-dist/tex/generic/xypic/xytips.tex
 Xy-pic option: More Tips extension v.3.9 loaded) loaded)
(/usr/local/texlive/2012/texmf-dist/tex/generic/xypic/xyline.tex
 Xy-pic option: Line styles extension v.3.10
\xylinethick@=\dimen136
 loaded)
(/usr/local/texlive/2012/texmf-dist/tex/generic/xypic/xyrotate.tex
 Xy-pic option: Rotate and Scale extension v.3.8 loaded)
(/usr/local/texlive/2012/texmf-dist/tex/generic/xypic/xycolor.tex
 Xy-pic option: Colour extension v.3.11 loaded)
(/usr/local/texlive/2012/texmf-dist/tex/generic/xypic/xymatrix.tex
 Xy-pic option: Matrix feature v.3.14
\Row=\count92
\Col=\count93
\queue@=\toks19
\queue@@=\toks20
\qcount@=\count94
\qcount@@=\count95
\matrixsize@=\count96
 loaded)
(/usr/local/texlive/2012/texmf-dist/tex/generic/xypic/xyarrow.tex
 Xy-pic option: Arrow and Path feature v.3.9 path, \ar, loaded)
(/usr/local/texlive/2012/texmf-dist/tex/generic/xypic/xygraph.tex
 Xy-pic option: Graph feature v.3.11 loaded) loaded)
(/usr/local/texlive/2012/texmf-dist/tex/generic/xypic/xypdf.tex
 Xy-pic option: PDF driver v.1.7 Xy-pic pdf driver: `color' extension support
(/usr/local/texlive/2012/texmf-dist/tex/generic/xypic/xypdf-co.tex loaded)
Xy-pic pdf driver: `curve' extension support
(/usr/local/texlive/2012/texmf-dist/tex/generic/xypic/xypdf-cu.tex loaded)
Xy-pic pdf driver: `frame' extension support
(/usr/local/texlive/2012/texmf-dist/tex/generic/xypic/xypdf-fr.tex loaded)
Xy-pic pdf driver: `line' extension support
(/usr/local/texlive/2012/texmf-dist/tex/generic/xypic/xypdf-li.tex loaded)
Xy-pic pdf driver: `rotate' extension support
(/usr/local/texlive/2012/texmf-dist/tex/generic/xypic/xypdf-ro.tex loaded)
loaded)) (/usr/local/texlive/2012/texmf-dist/tex/latex/fancyhdr/fancyhdr.sty
\fancy@headwidth=\skip43
\f@ncyO@elh=\skip44
\f@ncyO@erh=\skip45
\f@ncyO@olh=\skip46
\f@ncyO@orh=\skip47
\f@ncyO@elf=\skip48
\f@ncyO@erf=\skip49
\f@ncyO@olf=\skip50
\f@ncyO@orf=\skip51
)
(./MWE.aux)
\openout1 = `MWE.aux'.

LaTeX Font Info:    Checking defaults for OML/cmm/m/it on input line 6.
LaTeX Font Info:    ... okay on input line 6.
LaTeX Font Info:    Checking defaults for T1/cmr/m/n on input line 6.
LaTeX Font Info:    ... okay on input line 6.
LaTeX Font Info:    Checking defaults for OT1/cmr/m/n on input line 6.
LaTeX Font Info:    ... okay on input line 6.
LaTeX Font Info:    Checking defaults for OMS/cmsy/m/n on input line 6.
LaTeX Font Info:    ... okay on input line 6.
LaTeX Font Info:    Checking defaults for OMX/cmex/m/n on input line 6.
LaTeX Font Info:    ... okay on input line 6.
LaTeX Font Info:    Checking defaults for U/cmr/m/n on input line 6.
LaTeX Font Info:    ... okay on input line 6.
LaTeX Font Info:    External font `cmex10' loaded for size
(Font)              <12> on input line 6.
LaTeX Font Info:    External font `cmex10' loaded for size
(Font)              <8> on input line 6.
LaTeX Font Info:    External font `cmex10' loaded for size
(Font)              <6> on input line 6.
Package xypdf Info: Line width: 0.39998pt on input line 6.
 [1

{/usr/local/texlive/2012/texmf-var/fonts/map/pdftex/updmap/pdftex.map}] (./MWE.
aux) ) 
Here is how much of TeX's memory you used:
 3035 strings out of 493488
 36916 string characters out of 3141326
 129035 words of memory out of 3000000
 6340 multiletter control sequences out of 15000+200000
 8099 words of font info for 33 fonts, out of 3000000 for 9000
 957 hyphenation exceptions out of 8191
 25i,4n,43p,3235b,111s stack positions out of 5000i,500n,10000p,200000b,50000s
</usr/local/texlive/2012/texmf-dist/fonts/type1/public/amsfonts/cm/cmr12.
pfb>
Output written on MWE.pdf (1 page, 9020 bytes).
PDF statistics:
 12 PDF objects out of 1000 (max. 8388607)
 7 compressed objects within 1 object stream
 0 named destinations out of 1000 (max. 500000)
 1 words of extra memory for PDF output out of 10000 (max. 10000000)

MWE.tex

\documentclass[12pt,a4paper]{article}

\usepackage[all]{xy}
\usepackage{fancyhdr}

\begin{document}
  \centerline{\large Title}
\end{document}