INVESTOR’S BUSINESS DAILY: Obama’s Double Talk on Sky-High Gas Prices.

When gas prices hit $4 a gallon in 2008, candidate Barack Obama said it was due to previous failed energy policies. Now that prices are heading still higher, President Obama calls it progress.

Already, pump prices are higher than they’ve been in previous years, suggesting they will top $4 soon and possibly reach an unprecedented $5 this summer.

President Obama is starting to notice the political implications. So he sent Robert Gibbs — now a top campaign adviser — out to tell the public not to worry.

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