So you would prefer long lines at gas stations that have no gasoline at pre-storm prices? Where do you think additional supplies are supposed to come from? After Katrina, the US ws importing refined products from European strategic stockpiles. The cost of supplying fuel went up and not just in the areas devastated by the hurricane. Back in the 1970's we tried price controls. We had long lines and shortages. Markets work much better.
"Back in the 1970's we tried price controls."
I remember that and it didn't work.
I'm speaking about localized disasters. If the price to a retailer goes up, he should be allowed to raise his prices accordingly. He should not be allowed to gouge me in life - death situations.