Well, yes and no. In the typical usage of the term "price-gouging" (which basically seems to just mean regular old supply and demand), I'd disagree—in that sense, it's a good thing, as it keeps the demand from grossly outstripping supply (as happens every time a hurricane rolls around in Florida), slows down the runs on emergency supplies, and helps keep certain individuals from buying way more than they need.

In the sense of abusing an emergency situation to jack prices beyond what demand justifies, well, right or wrong, who cares? Unless there's some major price-fixing conspiracy involving all suppliers, the market will take care of the issue itself and people will go elsewhere.

As it is, "price-gouging" laws mostly just result in insane rushes to pick up supplies people don't need and little incentive for suppliers to go to extra lengths to get more supplies to the area.