Index: pym/portage.py
===================================================================
--- pym/portage.py	(revision 9913)
+++ pym/portage.py	(revision 9919)
@@ -7438,7 +7438,7 @@
 
 	def getfetchlist(self, mypkg, useflags=None, mysettings=None, all=0, mytree=None):
 		if mysettings is None:
-			mysettings = self.mysettings
+			mysettings = self.doebuild_settings
 		try:
 			eapi, myuris = self.aux_get(mypkg,
 				["EAPI", "SRC_URI"], mytree=mytree)
@@ -7455,8 +7455,9 @@
 				"getfetchlist(): '%s' has unsupported EAPI: '%s'" % \
 				(mypkg, eapi.lstrip("-")))
 
-		if useflags is None:
-			useflags = mysettings["USE"].split()
+		if not all and useflags is None:
+			mysettings.setcpv(mypkg, mydb=self)
+			useflags = mysettings["PORTAGE_USE"].split()
 
 		myurilist = portage_dep.paren_reduce(myuris)
 		myurilist = portage_dep.use_reduce(myurilist,uselist=useflags,matchall=all)