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Customer performance obligations on heating oil contracts

from CEMA

With collapsing heating oil prices, this season is shaping up to mirror that of 2008/2009 which resulted in customers trying to get out of the obligations of their fixed priced contracts, even buying off-contract C.O.D. gallons from competitors. It is the position of CEMA and the state of Connecticut that customers must fully comply with all contracts properly drawn up and will trigger liquidated damages fees if they breach the contract. more

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7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063