Big Oil is mad the candidate it bought is raising its costs with tariffs
The oil industry is asking for carveouts from tariffs which will raise its cost of doing business – and your cost of energy – after spending tens of millions in bribes on a candidate that promised to raise everyone’s costs.
Unfortunately for America and the world, the current occupier of the White House is convicted felon Donald Trump, who finally received more votes than his opponent on his third attempt (despite committing treason in 2021, for which there is a clear legal remedy).
Mr. Trump’s campaign repeatedly promised to impose broad tariffs, which would have the effect of increasing costs for every industry they affect, and therefore also raise prices. As we’ve covered before, tariffs are a generally bad idea – regardless of which political party proposes them – and generally have the effect of raising prices for consumers.
But despite hurting the economy, tariffs are for some reason still popular. So, just less than half of Americans voted for this inflation, and inflation is what they’re getting.
Also during his campaign, Mr. Trump asked Big Oil for a billion dollar bribe, in return for which he would end clean air policies. While Big Oil didn’t give him that billion dollar bribe, they did bribe him in the amount of tens of millions of dollars.
Regardless of not getting the bribe he wanted, the spineless reality TV host did the bidding of the oil industry anyway, and has already issued a memo via the Department of Transportation directing the government to raise your fuel costs by $23 billion. This is among many other actions already taken to harm clean air and otherwise disadvantage electric cars (despite Big Oil’s bribe being less than what the head of the largest EV company gave him, a donation which isn’t working out nearly as well for Tesla as some had hoped).
But now, Big Oil wants more.
It turns out, after giving tens of millions of dollars to a candidate that promised inflation, Big Oil is absolutely shocked that the same candidate’s policies are about to cause inflation.
So, in return for its bribes, the oil industry is asking Mr. Trump for carveouts from tariffs, because they worry that increased costs will threaten their profits.
Upcoming tariffs would come in the amount of 10% on Canadian oil and 25% on global steel and all cargo from Mexico. But it turns out, the oil industry uses a lot of those products, which means their costs would go up. And if their costs go up, they’ll have to raise prices for consumers if they want to remain profitable.
Not only that, but another reason that tariffs raise costs is due to the likely imposition of retaliatory tariffs from other countries (as we’ve seen before, ruining US industries). US oil companies like having access to overseas markets, and retaliatory tariffs may threaten this, making it harder for them to sell their goods overseas.
And so, a spokesman from the American Petroleum Industry, the front group for the American oil cartel, stated yesterday that the API wants to make the case that it should be given a special carveout in return for its bribes, allowing it to avoid the increased costs that you, the consumer, will not be given any special carveouts from.
The API says that Mr. Trump’s “energy dominance agenda” – an Orwellian doublespeak title for a set of policies that will have the effect of increasing your energy costs and ensuring China takes the lead on energy going into the future – is “more important than the tariff agenda.” And that “there’s a lot of time between now and then for us to make the case about the importance of certain steel products and certain countries that are going to be important for the industry.”
It is unlikely that those products will be the ones you’re buying, rather the ones the oil industry is buying. But surely the oil industry, widely known for its benevolence, will pass those savings along to you. Right?
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Climate XChange’s Annual EV Raffle is back for the 10th year running – and for the first time ever, Climate XChange has two raffle options on the table! The nonprofit has helped lucky winners custom-order their ideal EVs for the past decade. Now you have the chance to kick off your holiday season with a brand new EV for as little as $100.
About half of the raffle tickets have been sold so far for each of the raffles – you can see the live ticket count on Climate XChange’s homepage – so your odds of winning are better than ever.
But don’t wait – raffle ticket sales end on December 8!
Climate XChange is working hard to help states transition to a zero-emissions economy. Every ticket you buy supports this mission while giving you a chance to drive home your dream EV.
Here’s how Climate XChange’s 10th Annual Raffle works:
The Luxury Raffle
- Grand Prize: The winner can choose any EV on the market, fully customized up to $120,000. This year, you can split the prize between two EVs if the total is $120,000 or less.
- Taxes covered: This raffle comes with no strings – Climate XChange also pays all of the taxes.
- Runner-up prizes: Even if you don’t win the Grand Prize, you still have a chance at the 2nd prize of $12,500 and the 3rd prize of $7,500.
- Ticket price: $250.
- Grand Prize Drawing: December 12, 2025.
- Only 5,000 tickets will be sold for the Luxury Raffle.
The Mini Raffle (New for 2025)
- Grand Prize: Choose any EV on the market, fully customized, up to $45,000. This is the perfect raffle if you’re ready to make the switch to an EV but aren’t in the market for a luxury model.
- Taxes covered: Climate XChange pays all the taxes on the Mini Raffle, too.
- Ticket price: $100.
- Only 3,500 tickets will be sold for the Mini Raffle.
Why it’s worth entering
For a decade, Climate XChange has run a raffle that’s fair, transparent, and exciting. Every ticket stub is printed, and the entire drawing is live-streamed, including the loading of the raffle drum. Independent auditors also oversee the process.
Plus, your odds on the Luxury and Mini Raffles are far better than most car raffles, and they’re even better if you enter both.
Remember that only 5,000 tickets will be sold for the Luxury Raffle and only 3,500 for the Mini Raffle, and around half of the available tickets have been sold so far, so don’t miss your shot at your dream EV!
Climate XChange personally works with the winners to help them build and order their dream EVs. The winner of the Ninth Annual EV Raffle built a gorgeous storm blue Rivian R1T.
How to enter
Go to CarbonRaffle.org/Electrek before December 8 to buy your ticket. Start dreaming up your perfect EV – and know that no matter what, you’re helping accelerate the shift to clean energy.
Who is Climate XChange?
Climate XChange (CXC) is a nonpartisan nonprofit working to help states pass effective, equitable climate policies because they’re critical in accelerating the transition to a zero-emissions economy. CXC advances state climate policy through its State Climate Policy Network (SCPN) – a community of more than 15,000 advocates and policymakers – and its State Climate Policy Dashboard, a leading data platform for tracking climate action across the US.
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The CSC Monterey – one of the most charming little electric scooters on the US market – has dropped to a shockingly low $1,699, down from its original $2,899 MSRP. That’s nearly half off for a full-size, street-legal electric scooter that channels major Honda Super Cub energy, but without the gas, noise, or maintenance of the original.
CSC Motorcycles, based in Azusa, California, has a long history of importing and supporting small-format electric and gas bikes, but the Monterey has always stood out as the brand’s “fun vibes first” model. With its step-through frame, big retro headlight, slim bodywork, and upright seating position, it looks like something from a 1960s postcard – just brought into the modern era with lithium batteries and a brushless hub motor.
I had my first experience on one of these scooters back in 2021, when I reviewed the then-new model here on Electrek. I instantly fell in love with it and even got one for my dad. It now lives at his place and I think he gets just as much joy from looking at it in his garage as riding it.
You can see my review video below.
The performance is solidly moped-class, which is exactly what it’s designed for. A 2,400W rear hub motor pushes the Monterey up to a claimed 30 mph or 48 km/h (I found it really topped out at closer to 32 mph or 51 km/h), making it perfect for city streets, beach towns, and lower-speed suburban routes.
A 60V, roughly 1.6 kWh removable battery offers around 30–40 miles (48-64 km) of real-world range, depending on how aggressively you twist the throttle. It’s commuter-ready, grocery-run-ready, and campus-ready right out of the crate.
It’s also remarkably approachable. At around 181 pounds (82 kg), the Monterey is light for a sit-down scooter, making it easy to maneuver and park. There’s a small storage cubby, LED lighting, and the usual simple twist-and-go operation. And it comes with full support from CSC, a company that keeps a massive warehouse stocked with components and spare parts.
My sister has a CSC SG250 (I’m still trying to convert her to electric) and has gotten great support from them in the past, including from their mechanics walking her through carburetor questions over the phone. So I know from personal experience that CSC is a great company that stands behind its bikes.
But the real story here is the price. Scooters in this class typically hover between $2,500 and $4,500, and electric retro-style models often jump well above that.
At $1,699, the Monterey is one of the least expensive street-legal electric scooters available from a reputable US distributor, especially one that actually stocks parts and provides phone support.
If you’ve been curious about swapping a few car errands for something electric – or you just want a fun, vintage-styled runabout for getting around town – this is one of the best deals of the year.
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In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss a big Tesla Robotaxi setback, the new Mercedes-Benz CLA EV, Bollinger is over, and more.
Today’s episode is brought to you by Climate XChange, a nonpartisan nonprofit working to help states pass effective, equitable climate policies. Sales end on Dec. 8th for its 10th annual EV raffle, where participants have multiple opportunities to win their dream model. Visit CarbonRaffle.org/Electrek to learn more.
The show is live every Friday at 4 p.m. ET on Electrek’s YouTube channel.
As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.
After the show ends at around 5 p.m. ET, the video will be archived on YouTube and the audio on all your favorite podcast apps:
We now have a Patreon if you want to help us avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.
Here are a few of the articles that we will discuss during the podcast:
Here’s the live stream for today’s episode starting at 4:00 p.m. ET (or the video after 5 p.m. ET:
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