Actually, this has the potential to make things alot worse. The bill passed by the US House re: price gouging may lead to a couple of things. #1 Gas stations, reluctant to raise prices due to claims of gouging, may run short of gas. This will cause major lines at the pump, outages in many areas and stranded motorists. Circa ’70’s.
#2 Congess, and lawyers, who see the false sense of good that comes from such a stupid move will take this gouging ideology to other areas of the economy such as drugs, health care, real estate, you name it. Hey, is that Starbucks cup of coffee really worth $5? Is that $5 bucket of movie popcorn, that costs .25 cents to produce, fair to the public? Why…that’s an outrage…let’s investigate!! Let’s meddle. Let’s regulate. Where will it stop?
The real price gougers—Congress! By way of taxes, drilling restrictions, additive regulations, you name it.