ExxonMobil Statement: U.S. Gasoline Situation.Business Editors IRVING Irving, city (1990 pop. 155,037), Dallas co., N Tex., a suburb of Dallas; inc. as a city 1952. Building supplies, chemicals, electronic equipment, and airplane parts are manufactured in Irving. , Texas--(BUSINESS WIRE)--Sept. 12, 2001 Exxon Mobil Corporation Exxon Mobil Corporation U.S.-based oil and gas company formed in 1999 through the merger of Exxon Corp. and Mobil Corp. It has investments and operations in petroleum and natural gas, coal, nuclear fuels, chemicals, and ores. (NYSE NYSE See: New York Stock Exchange :XOM XOM Exxon Mobil Corporation (stock symbol) XOM X/Open Object Management XOM OSI-Abstract-Data Manipulation API XOM Xml Object Model XOM X/Open Osi Abstract Data Manipulation ) -- We are deeply saddened and concerned about yesterday's events. -- We have supply available for retail customers and to meet contractual obligations, and encourage customers to maintain their normal buying habits to avoid artificial runouts. -- In stations we own and operate, our prices have not increased since yesterday's events. Less than 1,000 of the 16,000 Exxon and Mobil-branded stations are owned and operated by ExxonMobil. -- In stations operated by independent dealers or distributors, we have not raised prices to these dealers or distributors and we are encouraging them to act responsibly as well. -- To reiterate, we have not taken any pricing action with Exxon and Mobil-branded customers as a result of this tragedy. -- We cannot control what independent dealers or distributors do, but are encouraging them to act responsibly. -- Today in many markets around the country, prices at our company-operated stations are significantly below others and we may experience runouts at some of our stations as a result. -- We will continue to assess the supply and price situation in light of conditions in the market. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion