Black uses more battery then white. I did a lot of research on this in my early android days. In order to produce a black pixel, every color has to be activated, whereas white only requires an open pixel to allow the back light through. Even though it seems odd, white actually uses less battery for the display.
On a DroidX this is entirely true. The backlight is on constantly and to create black, all 3 colors have to be powered to block out the backlight from shining through. This is why our phone's "black" still glows a little bit.
This is not the case with OLED (or AMOLED or SFOMFGDTIAGAMOLED or whatever new OLED screen they have now). With OLED screens, the light is generated from the pixel itself rather than light shining through the back. This means the pixels are dark by default and are only powered when anything other than black is needed. This is why the Samsung Galaxy S phones have much deeper blacks. On these phones, yes black would save you power, but unfortunately, on the DX, white is the battery saver.