There is currently a nationwide shortage of handgun ammunition. The handful of gun stores and online sites that have ammo in stock are charging gun enthusiasts an arm and a leg for .22, .38, and .45 caliber and 9 mm rounds. Many stores limit purchases to one box per person per day.
Six months ago, standard .22 caliber rounds--the most common type of round produced--could be purchased in bulk for about five cents apiece. But that price has gone up to fifty cents each.
When Obama first took office, gun and ammunition sales went through the roof because Obama is perceived by many to be a left-wing politician who doesn't like guns or gun owners. His re-election, along with several high-profile shooting incidents liberals have tried to exploit, reignited fears of severe gun control legislation. Once again the demand for guns and ammo has shot up significantly.
There have been rumors that the Department of Homeland Security is buying up tens of millions of rounds to keep ammo in short supply for gun owners. There is also speculation that the federal government has limited the quantity of ammunition that manufacturers are allowed to produce. People who believe the federal government is manipulating the ammo market see it as a sneaky, backdoor form of gun control. You can have your handguns, but you have nothing to load them with.
Government bureaucrats who have spoken about the bullet drought blame it on hoarding and speculation. They say it's a simple matter of supply and demand. Whatever the cause, the shortage is real, and it's making a lot of gun owners uneasy, and suspicious.
Six months ago, standard .22 caliber rounds--the most common type of round produced--could be purchased in bulk for about five cents apiece. But that price has gone up to fifty cents each.
When Obama first took office, gun and ammunition sales went through the roof because Obama is perceived by many to be a left-wing politician who doesn't like guns or gun owners. His re-election, along with several high-profile shooting incidents liberals have tried to exploit, reignited fears of severe gun control legislation. Once again the demand for guns and ammo has shot up significantly.
There have been rumors that the Department of Homeland Security is buying up tens of millions of rounds to keep ammo in short supply for gun owners. There is also speculation that the federal government has limited the quantity of ammunition that manufacturers are allowed to produce. People who believe the federal government is manipulating the ammo market see it as a sneaky, backdoor form of gun control. You can have your handguns, but you have nothing to load them with.
Government bureaucrats who have spoken about the bullet drought blame it on hoarding and speculation. They say it's a simple matter of supply and demand. Whatever the cause, the shortage is real, and it's making a lot of gun owners uneasy, and suspicious.
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