Manufacturers' costs of materials, utilities, taxes and labor are going up like every other business. We'll likely see a higher "new normal" in pricing that's based more on basic economics than on panic or gouging or whatever.
The big problem for small retailers is getting something to sell. Their overhead continues even when they can't restock with what customers want. Probably be some going out of business this spring--if they weren't able to stash some profits from this panic buying.
You're from BATFE? Come right in! I use all your fine products!