WATCH LIVE

LOW Oil Price Woes 

Oil prices averaged more than $4.50 a gallon around the region in June and July, the traditional time for locking in supplies and prices for the following winter.

Since then, prices have dropped by more than 25%, making many of those contracts signed in June and July look like a bad deal.

Assistant Attorney General Linda Conti says contracts have to be honored, and consumers who breach their contract could face a lawsuit from their oil dealer.