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Lobsters can be frozen.. gasoline is more elastic b/c it does eventually expire.
by sjg007 6y ago
Lobsters can be frozen.. gasoline is more elastic b/c it does eventually expire.
- latch 6y agoI don't think it's reasonable to imply that fuel is more perishable than meat. Crude oil doesn't go bad. Besides, the [non]-perishability of either doesn't see to really be a factor in either, does it? Maybe the closest factor for oil is storage, as we saw recently when prices went negative.
- hansvm 6y agoFrozen foods have a limited shelf life too.