Tom D
Your description is classic Gouging 101.
What you probaly meant to say was the gas stations and also the stores selling primers should have put a cap on the amount that could be purchased without raising the price at all.You can buy 10 gallons or you can buy 1,000 primers per visit or per person.
Doubling the price on any product you already posess do to a natural disaster or shortage is text book Gouging.
Lynn
I disagree. Look at it in a different context.
Say there is a Cat 5 hurricane boring into the Gulf coast, everyone is clearing out. There is a motel inland a hundred and some miles inland that is experiencing very heavy demand. Lets look at the effect of anti-gouging laws.
Two days in advance of the storm, here comes a Ford Explorer piled high with mom and dad, 3 children, and grandma. Rooms are constrained by anti-gouging laws at $50 a night so dad gets 3 rooms so everyone stays comfortable. A day and some so later there is a flood of people in worsening weather, desperate for anyplace. Sorry, see if you can make it another few hundred miles. No gas, same reason? Too bad---
If the price had been allowed to rise to $150-$200 a day, maybe dad #1 would have been tempted to rough it some with one room, leaving some space for later people.
It is human nature to hoard in times of scarcity, it's hardwired. How many of you are sitting on 10-20-30 thousand primers (or more)? Hoarding seriously exacerbates shortages because it dramatically increases consumption. What you call "gouging" is also human nature, that which is rare and in demand is more valuable. It also is a strong deterrent to hoarding and hoarding is the central element to the problem.
Anti-gouging is also a strong deterrent to new supply. If primers sold at $60, don't you think supply would come from somewhere? Price controls have been tried in various contexts for thousands of years and they always have the same effect, shortages.
I would love to see you to start selling some of your stash for $30/thousand. Don't want to? Why not? Would you sell a couple of thousand of your stash for $300/thousand? If you found a willing buyer, should anyone have the right to tell you that you couldn't make that deal? Why should you feel that you have the right to dictate to anyone what they should be allowed to charge for their product of service? Surely you can see what lies down that path.