[PRCo] Shoulda, Woulda, Coulda....

[Fred Schneider]

Jerry and anyone else who wants to read this.....
Sometime ago someone on this list mentioned how much ExxonMobile made  
last year.   I suspected it was in chemicals and some lines other  
than gasoline sales and here, on line, after tonight's newspaper was  
printed is the answer.   Exxon is getting out of the retail gasoline  
business because they can't make money in such a volatile market.    
And SUNOCO lost money in the first quarter of 2008.

Exxon getting out of retail gas business
Published June 12, 2008, 4:45 PM EST

HOUSTON (AP) - Exxon Mobil is getting out of the retail gasoline  
business, a market where profits have gotten tougher because of high  
crude oil prices.
The world's largest publicly traded oil company said Thursday it will  
sell its 820-company owned stations and another 1,400 outlets  
operated by dealers to gasoline...

I found that item while looking for an e-version of an item by Guy  
Caruso of the Federal Energy Department claiming that gas prices will  
not rise significantly.  Read it and then remember that he is  
employed by Bush and has a record of telling us what the  
administration wants us to believe.

http://www.wtop.com/?nid=111&sid=1419674

I think I am more inclined to believe there is a problem when a  
multinational company wants to deep-six 2,000 retail outlets than  
when the government says everything is A-OK.

fws