Breitling Oil and Gas Texas and California Morning Podcast #345

BP sued the U.S. Environmental Protection Agency over its suspension from new federal government contracts following the company’s guilty plea to a pollution charge over the Gulf of Mexico oil spill.

BP, said the U.S. government continued to buy fuel from and sell oil leases to the company “for more than two and a half years after the Deepwater Horizon accident on April 20, 2010,” according to a complaint filed today in federal court in Houston.

The company said 21 BP entities were suspended “without any prior notice” in November 2012, and its exploration and production unit was disqualified from all federal contracts in February.

I am with the EPA on this one.  The suspensions and disqualification “are contrary to federal law and regulations, exceed EPA’s statutory and regulatory authority and limitations.

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