Thursday, January 25, 2007

Big Oil Loses Money Every Day

Everyone thinks that the big oil companies are making out like bandits, but people don't realize that they are actually losing money every day. That's because they are forced by tradition to set prices at the pump that are always 1/10th cent less. For example, they can't charge $3.00 per gallon, they can only charge $2.99 and 9/10.

That may not seem like much, but it adds up to pennies per day!