Houston, TX - Exxon to Sell All of Company’s Gas Stations

Houston, TX - Exxon Mobil Corp. said today it's getting out of the retail gasoline business, following other major oil companies who've been selling their low-margin stations to gasoline distributors. Motorists, however, will continue to see Exxon's Tiger-themed stations and Mobil outlets in their neighborhoods. Already, about 75 percent of Exxon Mobil's roughly 12,000 stations in the U.S...