If the definition of gouging is charging higher prices for a product with dwindling supply and increased demand, you bet.There is no oil industry conspiracy
It continues to blow my mind that people in this country are terrified of freedom, and feel that any time something economically seems out of whack that the Imperial Federal Government should step in to save your whiny butts. Why in the world would someone think it is the government's responsibility to handle affairs in an open marketplace? The reality is this, and I need you to listen carefully: If you want the price of gas to go down, you have to decrease the demand for gas. It's that simple. If you don't buy it, the price will come down.
Capitalism & The Laws of Supply and Demand
The laws of Supply and Demand are set in stone. It is NOT the government's responsibility to enforce economic equilibrium. Our choices in the marketplace will decide that. So if you are pissed off about the price of gasoline right now, stop whining and do something about it: STOP DRIVING SO DAMN MUCH.
And keep your stinking big government insanity out of my life!