Oh bull shit. My local station here in NE Alabama ran out of unleaded and unleaded plus so they lowered the price of premium to 2.19, the same price as the regular unleaded. That was the correct response.
Good people there.
No, in a time of crisis, the correct thing to do from the standpoint of economics is to raise prices.
Take the case of an incoming hurricane and evacuation. If fuel prices remained steady or even more insanely lowered, the first 100 cars would fill to the brim, leaving absolutely none for everyone else.
However, if the price rose to * a gallon, people would wisely put in 2-3 gallons, enough to drive 50 miles or so, out of the danger zone and into a less critical area where prices would have remained steady.
Care to continue with your vulgar response and show your economic ignorance?