http://www.foxnews.com/politics/2013...dhs-stocks-up/Local law enforcement agencies across the country are facing an ammo shortage, as gun owners concerned about new laws at the federal and state level stock up on firearms and bullets.
At the same time, the Department of Homeland Security has said it wants to buy more than 1.6 billion rounds of ammunition in the next four or five years -- which could put further strain on the supply.
The shortage, coupled with an increase in prices, comes as many gun owners head to the stores in anticipation of new gun control laws. States like Colorado and New York have already approved such legislation, while Democrats move toward bringing a bill to the Senate floor. At the moment, the congressional bill does not include an assault-weapons ban, but a ban is expected to be floated as an amendment.
Still, what one official described as "panic-buying" set in, as lawmakers rallied to draft new legislation in the wake of a series of tragic mass shootings last year, from Aurora, Colo., to Oak Creek, Wis., to Newtown, Conn.In Tennessee's Hamilton County, the sheriff's department says its officers will be given fewer bullets when they train at the range.
"The concern over firearms availability and ammunition availability and potentials of gun control certainly has impacted the availability of ammunition purchased locally," training coordinator Jody Mays said, according to WDEF.
It's very frustrating not being able to practice as much as I'd like what with prices as high as they are..........
This is a repost though isn't it?
I keep thinking that prices and availability on ammo and certain types of guns will come back down. They as yet have not, and this has been going on since Obama's first campaign. I am afraid it will continue until Obama leaves office, and longer if we get another anti-gun prez from either party.
I've got more than 7000 rounds of 5.56/.223. I bought all of it in 2009 when the first hysteria about Obama died away.
I never bought more than a couple of hundred rounds at a time before Barry became President.
[FONT=Calibri][SIZE=3][*******#000000]Having just retired from Law Enforcement I can tell you that we purchased our ammo from the same wholesalers as the shops do, the only difference was that the price was governed by a bid process and we purchased our ammo at the manufacturer’s State bid price which sometimes was cheaper than the wholesaler could buy it for.[/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][*******#000000]Please keep in mind that although the police rifle program concept is about 25-30 years old, it wasn’t until 9-11 that most State, County and municipal police departments either allowed the purchase of privately owned ARs or issued ARs to their officers. The initial training, and the yearly qualifications do amount to a fair amount of 5.56/223 ammo just for national consumption. Add all of the Federal Agencies to that and you are supplying another small army.[/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][*******#000000]The part about the departments bartering for ammo is correct, at least at the agency I just retired from, and this has been going on for a while now. Police agencies that were allowed to purchase large amounts of ammo in order to get better prices in the past, kept the other agencies going until they got their ammo allotment and they repay with fresh ammo.[/COLOR][/SIZE][/FONT]
I think that, much like in 2008, the manufacturers pumping out everything they can will eventually normalize the prices. 2010-2012 were actually great years for bulk purchases - excess of supply. Panic will subside and supply will catch up, probably faster this time around given that manufacturers are better prepared than last time. On the private sale market, I've seen some encouraging signs already re: price drops.
However, I also think there are more panic buys yet to occur. Obama's next Supreme Court justice will probably be a stimulus, depending on who they replace.