Rad Power's early Black Friday sale takes 0+ off e-bikes, electric leaf blowers, more

Rad Power’s early Black Friday sale takes $200+ off e-bikes, electric leaf blowers, more

Published

1 year ago

October 18, 2023

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Today’s the last day to shop Rad Power’s early Black Friday sale, with discounts on some of its most popular e-bikes. The deals also let you save on this Greenworks electric snow blower at $600 before those snowstorms arrive, with EGO’s Power+ 56V cordless electric leaf blower being a bit more timely price cut to help with autumn chores at $294.

Head below for other New Green Deals that we’ve found today and of course Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

Shop Rad Power’s early Black Friday sale before it ends

Time is running out to save on Rad Power’s early Black Friday sale. The savings are now live across a collection of popular electric bikes, with $200 in savings or more being applied to some models that rarely ever see individual discounts. Rad Power Bikes are some of our favorite at Electrek, and now you can score them for even better prices while beating the holiday rush. Everything in today’s sale comes backed by the company’s Low Price Promise, too, that ensures you’re getting the best discount through the end of the year.

Here are our favorites:

Save on this Greenworks electric snow blower before sudden snowfalls

Best Buy is now offering the Greenworks 80V 22-inch Electric Snow Blower for $599.99 shipped. This is down from the usual $800 price tag and marking a new all-time low. It’s one of the first offers so far and is $100 under the previous discount. This electric snow blower will have you ditching gas and oil from your winter setup all while being prepared to clear the driveway when sudden snowstorms hit. There’s a 22-inch deck for making quick work of everything from the whole driveway to patios, sideways, and other pathways around the home – all with a battery-powered design.

EGO Power+ 765 CFM 56V cordless electric leaf blower drops to $294

Amazon is offering the EGO Power+ 765 CFM 56V Cordless Electric Leaf Blower for $294. Down from its regular price tag of $329, we have only tracked four previous discounts over the year so far, with today’s deal coming in as the first in several months and landing as the third-lowest price we have seen. Built around a 5.0Ah ARC lithium-ion battery and brushless motor, this leaf blower’s variable speed control allows it to reach up to 765 CFM, or up to 200 MPH, promising to be “the world’s most powerful handheld blower.” It features a redesigned cruise control dial for more consistent blowing, with a turbo mode available for heavier debris. You’ll get up to 90 minutes of runtime on a single charge, all without the noise, fumes, or costs of gas-powered blowers. Head below to read more.

e-bikes and e-scooters, a fall favorite!

Rad Power 10% off sitewide bike sale
Juiced e-bike fall sale from $999
Juiced Bikes RipRacer Class 3 e-bike: $899 (Reg. $1,499)
Rad Power Bikes electric RadTrike: $1,899 (Reg. $2,499)
REI Co-op Cycles e1.2 e-bike: $1,500 (Reg. $1,899)
Schwinn Mendocino Cruiser e-bike: $900 (Reg. $1,248)
NIU BQi-C3 Pro: $1,300 (Reg. $2,200)
Aventon Sinch Step-Through: $1,499 (Reg. $1,799)
GoTrax Z4 Pro: $1,000 (Reg. $1,100)
Aventon Soltera 7-Speed: $1,200 (Reg. $1,400)

Other new Green Deals landing this week

The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine.

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Environment

Elon Musk Tapped to Lead New ‘DOGE’ Department—Despite the Government Already Having One for Efficiency

Published

11 hours ago

November 13, 2024

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Elon Musk Tapped to Lead New ‘DOGE’ Department—Despite the Government Already Having One for Efficiency

Tesla CEO Elon Musk is to officially join Trump’s administration as the co-head of the new US Department of Government Efficiency – a second federal department with the goal of making government spending more efficient.

You can’t get more ironic than that.

Throughout the elections, Musk, who is already CEO of Tesla, and SpaceX, a well as the defacto head of X, xAI, Neuralink, and the Boring Company, has been floating the idea to add to his workload by joining the Trump’s administration to lead a new department aimed at making the federal government more efficient.

He has been calling it the “Department of Government Efficiency”, which spells out ‘DOGE’, a meme that Musk appears to enjoy.

Well, now Trump appears to want to be going through with this idea.

He announced the new department and Musk as head, along with Vivek Ramaswamy, in a statement today:

I am pleased to announce that the Great Elon Musk, working in conjunction with American Patriot Vivek Ramaswamy, will lead the Department of Government Efficiency (“DOGE”). Together, these two wonderful Americans will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies – Essential to the “Save America” Movement. “This will send shockwaves through the system, and anyone involved in Government waste, which is a lot of people!” stated Mr. Musk.

What’s most ironic is that there’s already a federal department with the goal of cutting government waste and ensuring efficiency: the Government Accountability Office (GAO).

The GAO’s main objectives are:

auditing agency operations to determine whether federal funds are being spent efficiently and effectively;
investigating allegations of illegal and improper activities;
reporting on how well government programs and policies are meeting their objectives;
performing policy analyses and outlining options for congressional consideration;
issuing legal decisions and opinions;
advising Congress and the heads of executive agencies about ways to make government more efficient and effective

It sounds similar to what Musk described when talking about his DOGE, but Trump hasn’t gone into many details other than it will “cut waste.”

He also has a confusing message as he compares the initiative, which is supposed to cut government spending, to “The Manhattan project”, a massive and expensive government project.

Trump said that DOGE will help the government “drive large scale structural reform”:

It will become, potentially, “The Manhattan Project” of our time. Republican politicians have dreamed about the objectives of “DOGE” for a very long time. To drive this kind of drastic change, the Department of Government Efficiency will provide advice and guidance from outside of Government, and will partner with the White House and Office of Management & Budget to drive large scale structural reform, and create an entrepreneurial approach to Government never seen before.

The statement also noted that DOGE will only operate until July 4, 2026.

Musk has previously claimed that he could cut at least $2 trillion dollars of the $6.5 trillion dollar US federal budget.

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Environment

Oil could plunge to $40 in 2025 if OPEC unwinds voluntary production cuts, analysts say

Published

11 hours ago

November 13, 2024

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Oil could plunge to in 2025 if OPEC unwinds voluntary production cuts, analysts say

A pump jack in Midland, Texas, US, on Thursday, Oct. 3, 2024.

Anthony Prieto | Bloomberg | Getty Images

Oil prices may see a drastic fall in the event that oil alliance OPEC+ unwinds its existing output cuts, said market watchers who are predicting a bearish year ahead for crude.

“There is more fear about 2025’s oil prices than there has been since years — any year I can remember, since the Arab Spring,” said Tom Kloza, global head of energy analysis at OPIS, an oil price reporting agency.

“You could get down to $30 or $40 a barrel if OPEC unwound and didn’t have any kind of real agreement to rein in production. They’ve seen their market share really dwindle through the years,” Kloza added.

A decline to $40 a barrel would mean around a 40% erasure of current crude prices. Global benchmark Brent is currently trading at $72 a barrel, while U.S. West Texas Intermediate futures are around $68 per barrel.

Oil prices year-to-date

Given that oil demand growth next year probably won’t be much more than 1 million barrels a day, a full unwinding of OPEC+ supply cuts in 2025 would “undoubtedly see a very steep slide in crude prices, possibly toward $40 a barrel,” Henning Gloystein, head of energy, climate and resources at Eurasia Group, told CNBC.

Similarly, MST Marquee’s senior energy analyst Saul Kavonic posited that should OPEC+ unwind cuts without regard to demand, it would “effectively amount to a price war over market share that could send oil to lows not seen since Covid.”

However, the alliance is more likely to opt for a gradual unwinding early next year, compared to a full scale and immediate one, the analysts said.

Should the producers group proceed with their production plan, the market surplus could nearly double.

Martoccia Francesco

Energy strategist at Citi

The oil cartel has been exercising discipline in maintaining its voluntary output cuts, to the point of extending them.

In September, OPEC+ postponed plans to begin gradually rolling back on the 2.2 million barrels per day of voluntary cuts by two months in an effort to stem the slide of oil prices. The 2.2 million bpd cut, which was implemented over the second and third quarters, had been due to expire at the end of September.

At the start of this month, the oil cartel again decided to delay the planned oil output increase by another month to the end of December.

Oil prices have been weighed by a sluggish post-Covid recovery in demand from China, the world’s second-largest economy and leading crude oil importer. In its monthly report released Tuesday, OPEC lowered its 2025 global oil demand growth forecast from 1.6 million barrels per day to 1.5 million barrels per day.

The pressured prices were also conflagrated by a perceivably oversupplied market, especially as key oil producers outside the OPEC alliance like the U.S., Canada, Guyana and Brazil are also planning to add supply, Gloystein highlighted.

Bearish year ahead for oil

The market consensus is that there’ll be a “substantial” oil stock build next year, said Citibank energy strategist Martoccia Francesco.

“Should the producers group proceed with their production plan, the market surplus could nearly double… reaching as much as 1.6 million barrels per day,” said Francesco.

Even if OPEC+ doesn’t unwind the cuts, the future ofl prices is still looking break. Citi analysts expect Brent price to average $60 per barrel next year.

Further fueling the bearish outlook is the incoming administration of U.S. President-elect Donald Trump, whose return is associated by some with a potential trade war, said analysts who spoke to CNBC.

“If we do get a trade war — and a lot of economists think that a trade war is possible, and particularly against China — we could see much, much lower prices,” said OPIS’ Kloza.

Trump has also touted a “drill baby drill” policy for U.S. producers, vowing to cut energy prices in half.

For that to happen to retail gasoline prices, oil would need to drop to “below $40” per barrel, said Matt Smith, Kpler’s lead oil analyst.

Right now, retail gasoline prices are at a “sweet spot” at $3 per gallon, where consumers do not feel the pinch and input prices are still sufficiently high for producers, Smith added.