“Get Out Of The Oil Business, Barney”
One of my favorite scenes in the 1980 film, The Formula
CNN Money reports “Exxon getting out of retail gas business” June 12, 2008: 04:33 PM EST.
NEW YORK (Associated Press) - Exxon Mobil is getting out of the retail gasoline business, a market where profits have gotten tougher. . .
J. Neil Schulman alerted me to the cable TV news report and offers this comment:
“For Exxon-Mobil, the current incarnation of John D. Rockefeller’s Standard Oil company — which my parents’ generation knew as “Esso” — to exit the retail gasoline business by selling off all its gas stations, is the San Andreas of financial earthquakes. This is exactly the sort of indicator of financial crisis I projected due to Federal Reserve mismanagement in my 1979 speculative novel, Alongside Night.”
–Author/Filmmaker, J. Neil Schulman, http://www.alongsidenight.com
