This is bad news for America from many aspects in my opinion.  We should refine oil here, drill our oil resources here in the states, not support a government which competes with free enterprise, and not forfeit American jobs.  I hope this country wakes up to the fact that we can safely extract and transport oil from any of several of our vast resources in the U.S., even the Arctic National Wildlife Refuge.  The Alyeska pipeline in Alaska has proven since 1977 that we can protect the environment and get the oil we need.  We have resources in the lower 48, too, that we’re not using.  Refining that oil here would save everyone a bundle in the long run.  As we develop alternative energy and fuel-enhancing equipment for vehicles we will use less oil, but we shouldn’t just wait around for that to happen; Americans’ jobs and tons of their money are going out the window in the meantime.  After looking at the Alyeska Pipeline website, you may consider how one seldom, if ever, hears this info in news media reports or discussions.  Why not drill America’s existing fossil fuel resources?  Then motivation for building new refineries here in America would blossom, along with American jobs, while the price of oil went down, making inflation less likely, and we wouldn’t wind up buying gasoline from foreign refineries, or supporting governments that compete with free enterprise.