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

Prohibits a refiner or distributor of petroleum products from cancelling, failing to renew, or otherwise terminating a petroleum products franchise without furnishing prior written notification.

Prohibits a refiner or distributor from terminating any such franchise except for one of the following reasons: (1) failure of the holder of the franchise to comply substantially with any essential and reasonable requirement imposed; (2) failure of the holder of the franchise to act in good faith; or (3) withdrawal of the refiner or distributor from doing business in the State where the terminated franchise is located.

Permits a retailer to bring a civil action for declaratory or injunctive relief against any refiner or distributor who fails to act in good faith in performing or complying with any of the terms or provisions of the franchise or in terminating, cancelling or not renewing the franchise with such dealer.