A bill to provide for protection of franchised dealers in petroleum products.

[AI summary unavailable — showing source text] Provides that a refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise, or unless such refiner or distributor withdraws entirely from the sale of refined petroleum products in commerce for sale other than resale in all States. Requires written notice of termination of a franchise to be sent by certified mail ninety days prior to the date of such termination. Provides that suit may be brought against a distributor and/or a refiner in a United States District Court for the district in which the distributor and/or refiner resides, is found, or is doing business.…