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Exxon exited retail largely starting in 2008: http://articles.cnn.com/2008-06-12/us/exxon.mobil_1_exxonmobil-plans-fuels-marketing-gas-stations?_s=PM:US http://
by drawkbox 14y ago
Exxon exited retail largely starting in 2008: http://articles.cnn.com/2008-06-12/us/exxon.mobil_1_exxonmobil-plans-fuels-marketing-gas-stations?_s=PM:US http://articles.cnn.com/2008-06-12/us/exxon.mobil_1_exxonmob...
http://www.reuters.com/article/2008/06/12/us-exxon-idUSN1238193020080612 http://www.reuters.com/article/2008/06/12/us-exxon-idUSN1238...
Most of them just closed, others we sold, 2,220 in total. I remember around the election or before all mobile stations in my area going away. They either closed or became independent or remodeled into QuickTrips and other brands. Most of them closing due to gas prices at the time and the economy.
Possibly the dynamics of this contributed to a changed supply market since they were so big?