re: $99 for a case of water: Texas officials report price gouging post-Harvey

quote:

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I understand your principle, and agree with it. But no one is going to rush into a flooded area to sell cases of water and gasoline. You can't just open a convenience store on a whim in the middle of a natural disaster.

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You don't need a convenience store to sell water or food.You don't need a gas station and pump infrastructure in place to transport gasoline with trucks capable of distributing gasoline for sale. People are already flooding the area to provide relief at no financial benefit to them. A financial benefit is the only incentive the market can offer. If there's a better incentive, let me know.