OKLAHOMA CITY (KFOR) — Some locations of at least one convenience store chain appear to be shortchanged in the months since the U.S. decided to phase out the minting of pennies.
The argument to stop minting pennies in the U.S. dates back decades. The Trump administration decided back in May to phase out new penny production. Last year, the U.S. Mint reported that it cost 3.69 cents to make the penny. That's up 20% from the previous year, and it marks the 19th consecutive year that the penny costs more to make than its face value.
As of late September, several Federal Reserve coin distribution sites have stopped fulfilling penny orders, taking penny deposits, or both.
It's seemingly starting to have an impact.
An internal email shared with Nexstar's KFOR shows that dozens of Love's Trav