1.8. In the chapter, we discussed how price ceilings can put goods in the wrong place, as when too little heating oil wound up in New Jersey during a harsh winter in the 1970s. Price controls can also put goods in the wrong time a well. If there are price controls on gasoline, can you think of some periods during which the shortage will get worse? Here's a hint: Gas prices typically rise during the busy Memorial Day and Labor Day weekends.