http://www.zerohedge.com/news/2017-08-29/be-thankful-price-gouging-houston

Agree or ignore?
TT has nothing to say.

We would all do the same if we were selling bottled water in Houston and our supply was in jeopardy. The "invisible hand" of the economy regulates supply with prices. In a situation like this one, freezing prices has the reverse effect. Supply will be over-purchased by a few people which removes it from the market.
The other restriction is to limit the items purchased by one individual. That has it's own set of issues but it's an available option.

Ok, I read the whole thing....
Yes, in theory, it sounds good, I can't fault the reasoning.
I will add, I never thought of it that way either.

This also highlights the need for outside help.
Folks should have ready access to the basic needs like water, etc.
This is where we should step up, for it could be us, next time.

A real life example going on where I am right now.

I'm in Dallas and have a rental car to return. I was driving back to my hotel from a meeting this morning and noticed cars lining up at gas stations. There's news going around that gas is running short in Dallas so people are flocking to the local gas stations to fill up. Prices are rising by the minute. Whether or not there's actually shortages or if it's just rumor (it's on the local news) stations are raising prices to slow sales and protect inventory.

Me? No way in hell I'm waiting in those lines. I'll take my rental car back 3/4 full and they can bill me $8.00 a gallon in they want. However, if they said they had to bill me $25, I might wait in that line. See how prices/costs influence behavior/purchases.