BP banned from US federal contracts for "lack of business integrity."

Guardian: “BP been blocked from seeking new contracts with the US government because of the oil company’s “lack of business integrity” during the Gulf of Mexico oil disaster, the Environmental Protection Agency said. ….The temporary order bans BP from competing for new oil leases in the Gulf of Mexico – such as the auction of 20m acres taking place on Wednesday – or from bidding on new contracts to supply the Pentagon or other government agencies with fuel. ….In its attempt to consign Deepwater to the past, BP has agreed to pay $7.8bn to settle private claims stemming from the spill, and with the plea deal reached earlier this month, had hoped to limit its criminal liability. It is still on the hook for up to $21bn for environmental damage to the Gulf. Wednesday’s move by the EPA presents an additional complication.”
JL thought: Only a few days ago, the report was that BP would be able to pay all its compensation and fines from sales of oil to the US military alone.