A few months ago I got a statement for my BP card saying that it was now going to be a Bank of America Bass Pro card, I am 100% sure of that. And then posted and asked on another hunting forum to be sure that I wasn't wrong about what I had read on Drudge Report about what Bank of America had done and was told there I was correct. So I dont think I have been misled.
If someone researches this and finds me to be wrong please let me know as i too find it hard to believe that BP would knowingly support such an instatution. But again I never got a reply when I asked them directly through an e-mail.