"FB - in economic terms, petrol is an inelastic good. therefore your argument is invalid."
Wow twenty if you're going to stalk me at least get your facts straight.
Petrol is inelastic? are you bonkers?
Go ask a few of your fiscally challenged friends whether they'd be driving less if petrol was $3, $5 or $10 a litre.
How do you expect to make money on the markets when you don't even understand the basics.
