“Allow prices to float with supply and demand. Shortages are caused by price ceilings, its econ 101.”
yeah but this time the shortage is caused by the weather.
Any time a disaster causes a supply disruption, history has shown that shortages are swiftly corrected by the vilified-but-necessary price gougers. The high prices attracts more supply to be brought into the affected region which ends the shortage and brings prices back down. Examples of swiftly-ended shortages following disasters as a result of allowing the price mechanism are abundant in history, as are examples of painful, protracted shortages as a result of the authorities instituting price controls.