No.
Hydrocarbons are simply not comparable to stocks. Hydrocarbon fuels are a controlled commodity combining limited and quasi-monopolistic capacities for acquisition, refining, and distribution. The free market plays a limited role in the sense that producers can force non-use of the product (over a very long term) by over-pricing it, but the capacity for short-term "gouging" (taking advantage of product-need without regard to production cost) remains a problem in any controlled commodity market.
We don't live in never-never land.
Reality is what it is.
Prices go up when demand exceeds supply.
Period.
The limiting factor in gas supply right now is refining capacity, and that ain't going to get better for a long time, because nobody wants a refinery in their backyard, even though they all want gas.
A rise in price causes demand to decrease to the point it matches supply: when gas prices go up, people buy cars with better gas mileage and start car-pooling, which decreases demand.
Artificially depressing price causes demand to chronically exceed supply, which eventually results in shortages. Shortages lead to rationing. Rationing leads to corruption.
Bottom line is, what do you trust more? The free market system, or government bureaucracy?
Government bureaucracy has caused health care costs to increase from 1% of GDP to 15% of GDP in the last fifty years.
Government bureaucracy has created dangerous inner-city public school systems that resemble prisons rather than places of learning and cost $10,000 per year per student, half of whom are functionally illiterate at graduation.
The choice is up to you.