Ol'Exxon is getting out of the oil business...............eventually...........

Fuel costs are getting so high, so fast that Exxon Mobil announced today it is leaving the retail gasoline business. The oil giant said it will allow current stations to keep the Exxon name, but over the next few years, all Exxon-branded stations will be sold off to distributors and individual owners. According to Exxon officials, the retail gas biz has become simply too volatile and margins are too low. Not even the 14 billion gallons of gas sold at Exxon stations annually could keep ’em interested… that’s saying something.

{It says that they're very aware of Peak Oil Theory and will not be in the oil business for too much longer. We're running out of crude and it's going to hurt....SOC}