NPR for North Texas
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Exxon Mobil to Sell Its Gas Stations

By Bill Zeeble

http://stream.publicbroadcasting.net/production/mp3/kera/local-kera-718904.mp3

Dallas, TX – Exxon Mobil may be the world's biggest publicly traded and most profitable energy company, but profit margins at retail gas stations are so slim, the energy giant wants to sell the stations .

The brand will remain. After all, most of the 12 thousand Exxon Mobil gas stations out there are not owned by the corporation - they just display the name and sell the companies' gas. But the 22-hundred or so that owned by Exxon Mobil will go up for sale.

The company says the whole process should take several years.