A bill to amend the Emergency Petroleum Allocation Act of 1993.

Amends the Emergency Petroleum Allocation Act of 1973 to direct the President to prohibit petroleum marketers or distributors from reducing by more than ten percent the amount of refined petroleum products marketed within any State without prior notice to the Governor of such State. Limits the amount of any such reduction where prior notice is given to a 25 percent reduction over each six-month period.

Exempts small marketers and distributors whose amount of business did not exceed one percent of the total market in such State. Exempts marketers engaged solely in the selling of refined petroleum products on a retail level to end users.