OPIS' Tom Kloza believes the real motivation behind President Trump's recent tweet isn't oil — it's rising gasoline prices.
The energy expert who predicted the 2015 crude collapse is taking on President Donald Trump's latest oil tweet.
"The gasoline market — which is really what he watches and what is so, so crucial to his core states that he needs to hold — it had moved up on retail maybe 60 to 90 cents [a gallon] in some of those red states," Kloza said Thursday on CNBC's"Futures Now.""RBOB futures have been an incredibly overcrowded trade.""We've had most of the rally in gasoline," Kloza said.
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