NH Consumer Protection Bureau head urges caution on prebuy oil contracts
Assistant Attorney General James Boffetti said the contracts fail to provide consumers with protection and said the Attorney General’s Office continues to advocate for changes that would give customers better guarantees.
“No money changes hands between a dealer and the supplier with a futures contract,” Boffetti said. “The dealer only pays the supplier of the oil when the dealer picks up the product. Consumers pay the dealer well in advance of the heating season.”
Subscribe for FREE!
Union Leader Business Newsletter
NH delays enforcing liquor warehouse pact
Planned Parenthood funds S&M Web video
John DiStaso's Granite Status: Gatsas incensed by unauthorized use of his phone number for 'robocalls'
Ted Siefer's City Hall: It was all about chickens, alleged threats and nocturnal wanderings
Blue shame: Obamacare's big change
Charles Krauthammer: The wages of weakness