This was in the context of, IIRC, the Iranian revolution, and the captured-on-video death of Neda Soltan...the idea being we could bring the govt. to its knees by launching a conventional strike on the refinery, crippling the Iranian economy.
I may be misremembering this, though.
Does sound familiar. (Almost missed this; what a day on FR!) I gotta ask someone: what is IIRC? ?:^|