Correcting the record

Clarification

Most major heating oil dealers statewide will offer price-cap programs next winter, but they may not have set their cap prices yet this spring as they usually do this time of year. A Page One story in last weekend’s edition may have implied that no heating oil dealer was going to offer price-cap plans for next winter. Over the weekend, Dead River Oil Co. set its cap price at $1.64 per gallon, about 30 cents higher than what many of its customers locked in last year, according to Bob Moore, senior vice president.

Under a price-cap plan, customers lock in a rate and, if heating oil prices go higher than that amount, they won’t be charged the greater price. If prices are lower than the cap price, that per-gallon amount is what they would pay.