To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Share Embed Share URL Video File Node URL Embed Code <iframe title="MRC TV video player" width="640" height="360" src="https://www.mrctv.org/embed/40956" allowfullscreen></iframe> ABC anchor Charles Gibson claimed on July 11, 2008 that gas prices around $4-a-gallon could be a "permanent fact of life." Days later, on July 17, prices peaked before dropping to the $1.60 range in mid-December.