[arderkrag]

That said, I believe it to be none of government’s business meddling into determining what ROI any industry deserves, so long as there’s not gouging or price fixing.

It's not their business period, regardless of so-called "gouging". Gas is a product. If I want to jack up the price to $10 a gallon, it's not the government's business.

[GreenAccord]

Price fixing, as defined when all competitors conspire to set a price that does not represent what the true market would be (which I cannot give an example of ever happening) should be governed. As for gouging, it is well-accepted that in times of natural disaster, companies are under the watchful eye of government (at all levels) for repair work and resources.

Note that I am definitely not saying that oil companies are engaging in any of the above.