Business Vocabulary
Q1
The fundamentals support $100 oil because society is happily filling their gas tanks at that price, and the issue isn't geopolitics or speculation, it's pure ..... of demand; we have calcified our demand for oil through our massive, and largely not unloadable (due to refinanced mortgages) commitment to suburbia.
(*) inelasticity
(*) inevitability
(*) stability
(*) sterility
