ExxonMobil to sell 2,220 gas stations - CNN.com

ExxonMobil to sell 2,220 gas stations - CNN.com

"Oil giant Exxon Mobil Corp. plans to sell its company-owned gas stations, saying they aren't profitable enough even with gasoline selling at $4 per gallon. The 2,220 stations make up about 1/5 of the Exxon and Mobil stations in the United States. The nation's largest oil company, which earned nearly $41 billion last year, says it will sell more than 2,000 stations over the next few years."

When you're only making $41 billion, you've got to cut corners somewhere. The truth is that gas stations really aren't raking in the cash unless they are selling tons of chips and soda. The only thing that ever distinguished Exxon/Mobil stations in my mind was the Speedpass RFID payment system.