S 1694 · 93th Congress · Energy
Fair Marketing of Petroleum Products Act
Bill Progress
✓
Introduced✓
Committee✓
Senate Vote4
House5
EnactedLatest: Referred to House Committee on Interstate and Foreign Commerce.(1974-08-08)
Plain Language Summary
[AI summary unavailable — showing source text]
Fair Marketing of Petroleum Products Act - Makes it unlawful for any person engaged in commerce in the business of refining petroleum into gasoline and other petroleum products and furnishing such products to petroleum distributors for sale at retail to fail to furnish gasoline or any other petroleum product to a petroleum retailer, whether or not such retailer is under a franchise to such person, at wholesale prices and in reasonable quantities so long as such person continues to furnish gasoline or any other petroleum product to petroleum retailers who are under a franchise to such person. States that a violation of this Act shall be an unfair or deceptive act or practice in commerce within the meaning of the Federal Trade Commission Act. Sets forth acts which will be considered prima facie evidence of a violation. Provides that, except as otherwise provided, a petroleum distributor whose actions affect commerce shall be liable to a petroleum retailer who sells the products of such distributor under a franchise for actual damages resulting from the termination, cancellation, or failure to renew such franchise, together with such equitable relief, including interim equitable relie…
Summarized by Claude AI · Non-partisan · For informational purposes only