BUSINESS
06/20/2008 05:12 am ET Updated May 25, 2011

Exxon To Exit Retail Gas Business In US

Exxon Mobil Corp 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.

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