More than one-quarter of vehicles have improperly inflated tires. The average under-inflation of 7.5 pounds causes a loss of 2.8% in fuel efficiency.

Rising Oil Prices Boost Profits at Exxon and Shell

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The world’s largest publicly traded oil company, Exxon Mobil, reported today that second quarter income increased 14% to $11.68 billion — the highest ever for any American company. Meanwhile in London, Royal Dutch Shell announced a 33% increase in their second quarter profit, rising to $11.56 billion.

These record profits come as gas production fell around the world. Gas prices remain above $4/gallon throughout most of the United States. Rising oil prices are being fueled by increased demand from China, India and other parts of the world.

The bottom line? It’s good to be an owner. Aren’t you?

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Cramer: Disregard Oil Inventory

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Jim Cramer explains why the weekly oil inventory numbers have very little to do with the price of oil.

DriveFreeForLife Introduces the Free Gas Calculator

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New tool helps consumers fight back against high gas prices

Laguna Niguel, CA–July 25, 2008–DriveFreeForLife (www.drivefreeforlife.com) today introduced the “free gas” calculator. This tool shows consumers how they can fight back against high gas prices — and even fill their tank year-round for free!

Free gas sounds like a gimmick–too good to be true. But the methodology behind the free gas calculator has been time-tested by the wealthy and corporate entities for years. The calculator simply puts this same solution into the hands of virtually any consumer.

“We’re all concerned about the rising price of gas. Now there is a simple approach to offset that cost and essentially erase your annual fuel bill,” said Jeff Hester, the driving force behind DriveFreeForLife.com. “The Free Gas Calculator makes it easy for anyone to understand and apply the techniques previously used by only big corporations and the wealthy.”

The calculator provides a simple form for consumers to enter their driving habits and vehicle mileage per gallon (MPG). Consumers can play “what if” with the price per gallon of gas to calculate their total annual fuel costs and learn how to erase that cost.

“Most everything we hear about rising gas prices is negative,” said Hester. “However, there are many positives — such as increased research into alternative fuels, better public transportation and less traffic. By using the free gas calculator, consumers no longer need dread filling up their tank.”

Case in point — nearly every airline has recently reported losses due to rising fuel costs — all but Southwest Airlines. What does Southwest Airlines know that the others don’t? They simply apply the ”secret” behind the Free Gas Calculator. And now the Free Gas Calculator is available online at http://www.drivefreeforlife.com/free-gas-calculator/.

About DriveFreeForLife

DriveFreeForLife is a no-cost consumer resource that teaches thousands to think differently about rising fuel prices, with tools and advice that helps people not only survive, but thrive in this era of high oil prices.

For more information, contact us.

Coming this month… Drive Free!

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Drive free for life! Learn how the oil companies will pay for your gas.High fuel prices got you down?

How would you like to pay absolutely NOTHING for gas to run your car? Learn how the rich get richer, even when gas prices are heading to $5 per gallon.

Best of all, learn the secret that could let you fill your car with gas for free!

Coming this month!