Given all the money the bailout showered on the financial services sector, it's no skin off Carlyle's back to buy a refinery if it helps keep the President in office, even if the Administration's policies force them to sell or close the facility after the election.
But all of this could have been avoided if EPA rules were not so onerous that one assumes they were created with the specific intent to limit (murder!) America's oil refining capacity.
In an ultimate example of political hypocrisy, Obama has no problem using venture capital to delay the prosperity-destroying results of his regressive, anti-growth policies until after the election.
Iranian Exiles Have Suffered as We Have Ignored Tehran’s Expanding Influence in Iraq | Leo McCloskey