A lot of integrated oil companies have split up into separate upstream and downstream companies; witness Marathon and ConocoPhillips.
Others have sold their downstream businesses piecemeal; Hess is doing that now.
At the very least, integrated oil companies like ExxonMobil have cut way back or eliminated company-owned gas stations.
But now we have a strange phenomenon: one of the nation’s best-known independent oil producers is going into the retail side of the biz.
We’re talking, of course, about Ewing Oil.