Exxon Mobile Throws In The Towel In The Retail Fuel Business
Saturday, June 21st, 2008
Due to skyrocketing oil prices and increased competition from large retail grocery store and super stores, profit has become almost nonexistent. This has forced the Irving oil giant Exxon Mobile to pull the plug on the fuel retail business in the U.S. The company announced that 2,200 service station across the country will be put up for sale.