EPA Mulls Sanctions on BP

Someone’s going to have to break the news to Rand Paul: The Environmental Protection Agency is mulling sanctions against BP that would prevent the oil company from receiving government contracts—a move ProPublica says could cost the company “billions in revenue and could end its drilling in federally controlled oil fields.” The EPA has already suspended negotiations with BP over whether it will be allowed federal contracts in the future until it learns more about the Gulf spill; it is allowed to place sanctions on a company in cases of fraudulent, reckless or criminal misconduct.