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Conoco is exiting retail, but Chevron embraces it (from Corporate Dealmaker)

"Why do they lock the restrooms at gas stations? Are they afraid somebody will clean them?"The old George Carlin joke says it all: Retailing doesn't come naturally to oil companies. Not that they haven't tried. Over the years, as profit margins on gas have narrowed, oil company operators have looked...

Posted on August 27, 2008 11:09 AM