The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Giordano Bruno who wrote (128660)	6/12/2008 8:49:41 PM
From: Jim McMannis	Read Replies (2) of 306849

Exxon to exit U.S. retail gas business NEW YORK (Reuters) - Exxon Mobil Corp (XOM.N) said on Thursday it is getting out of the retail gas business in the United States as sky-high crude oil prices squeeze margins. Those branded service stations may be the most public aspect of Exxon's business, but they account for a small part of the company's profits. Out of the roughly 12,000 Exxon Mobil branded stations in the United States, Exxon, the world's largest publicly-traded oil company, owns about 2,220.

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