The other ongoing big lie this past year is demand weak As I have pointed out numerous times in my posts about the faux US oil boom that was used by the paper market manipulators and mass media to drive oil prices down so to have they used the baseless threat of a slowing economy. Well today the 3.3% GDP again proved this has been just a narrative used to drive down the price of oil. Two big lies that need to be corrected in the price of oil to reserve any sense of credibility in the oil markets which have been totally irrational and not reflective of the reality of the economic principles of supply and demand.