The free market excuses work for luxury goods but they don't work for necessities. Prices have already reached the point where a large percentage of the population will not be able to afford any form of heating whatsoever over the winter. As a country we already know that a non-insignificant number of people develop serious illness or die because of a lack of heating.
Making the choice to take no action further compounds the issue as you deepen the coming recession and create more people who cannot pay to heat their homes or keep the economy going.
The answer to a crisis like this is price caps, investment in alternatives, taxes on profits, and if necessary targeted restrictions on energy use.
There is absolutely nothing wrong with covering a situation like this with debt in order to keep people and the economy alive.