Since you have a dribbly petcock.
Sounds a little too personal but I'm sure it's all bike related.
Here's a sure fire winner to replace it with:
Sick Bike Parts
Did you raise the "metering rod" that is attached to the throttle slide
barrell? Is the c- clip on the bottom slot?
When you raise the needle jet you enrich the mixture for up to about 3/4 throttle.
If it 4 strokes at the top end you may need to re-jet the main jet down a little.
These engines will need to be tinkered with and adjusted until you iron out all the wrinkles.
Be patient and don't give up.
Use the search feature to read up as much as you can before you start to get frustrated.
This a is a good hobby, but it is one that will tests your skills and patience occasionally.
There"s nothing "plug and play" about building a motorized bike.
Hope you can get your bike's leak fixed.
It'll always be something...
TiM