Twenty-five more cents per gallon would reflect what you mention. A dollar or two more per gallon would be a clear sign of immoral profiteering.
That wouldn’t be enough to affect your use of gasoline, therefore it wouldn’t free a limited resource for use where the folks that need it most are located. The point of price spikes is to allow for that redistribution.
Take a look at this oldie but goody by Thomas Sowell:
http://townhall.com/columnists/ThomasSowell/2004/09/14/price_gouging_in_florida
I’d sure hate for my own Governor’s use of “price gouging” legislation to result in extenuating the hardships for those poor folks in TX. But if people aren’t emotionally shocked when they fill up the tank, I guess her use of that legislation makes it worthwhile to the selfish. Who cares about the people that were hit by the hurricane and actually need the resource to be available to them in order to try to live some minimal lifestyle.