Posted on 06/19/2022 6:59:43 AM PDT by Chad C. Mulligan
Last night, news broke that the Biden Administration is taking behind-the-scenes steps to further strangle the already constricted market for ammunition in the United States. The move could result in a reduction of the commercial production of 5.56 caliber ammunition by over thirty percent. *snip* Supplies would undoubtedly plummet and prices would undoubtedly skyrocket, putting the availability of ammunition for self-defense, training, and competition out of reach to many Americans. *snip* Keane on Wednesday night published a tweet, which stated: “The U.S. Military is actively considering shutting down the sale [of] M855/SS109 ammo from Lake City to the commercial market.”
The cartridges mentioned in Keane’s post are very popular forms of 5.56 caliber ammunition, the most common caliber for the AR-15.
Close followers of Second Amendment issues will remember that these same rounds were targeted by the Obama/Biden administration under the guise of relabeling them “armor piercing ammunition,” which is banned from commercial sale by federal law. The resulting (and righteous) furor from the Second Amendment community was so intense that it culminated in Obama’s ATF director, B. Todd Jones, quitting his job. Jones had been the first and only confirmed ATF director since Senate approval became required for that post.
Lake City is a sprawling ammunition plant in Independence, Missouri, originally established by Remington in 1941 to manufacture and test Ammunition for the U.S. Army. It is currently owned by the government and operated by private contractors and produces well over a billion rounds of ammunition per year.
Ammunition in excess of the government’s requirements has long been made available to the private commercial market. Lake City’s output, according to some estimates, accounts for one-third of the 5.56 caliber ammunition available to U.S. consumers.
(Excerpt) Read more at nraila.org ...
The government doesn’t care about costs.
Figured that was coming. If they can’t take the gun then just make it harder to get the bullets. Most have stocked up.
I buy ammo as a sure fire investment now.
I make sure my supply has the original price marked on it.
Amazing how it keeps rising.
Can’t believe people still play the stock market.
FReepmail me if you want to be added to or deleted from the list.
More 2nd Amendment related articles on FR's Bang List.
So speaks the expert on ammo and the economics of ammo when 1/3 of the supply is cut off. Idiot.
One can NEVER have more "ammo than you need."
Mark
I wish I could find Varget
If there is enough domestic demand for ammo, people will start making their own according to the laws of supply and demand. That’s the first thing anyone learns about economics. Why is supply to matching demand?
Those smart ones who stocked up many years ago, seeing the copper price increase in the obummer years will have a barter item.
The price came down somewhat, but never fully recovered.
...SW wasn’t one of the smart ones =o/
Lake City brass is one of the better ones out there.
Worth paying a little extra for if you reload.
I remember the 1994 AWB, and I remember EVERY gun-grabbing and ammunition related BS since then. What they plan to do doesn’t affect me in the slightest. If anything, it makes what I have even more valuable. Maybe valuable enough to sell it ‘on-the-street’ so to speak....
I believe you’re right
Friends who go usually do the RV VIP route
Better facilities
The old days were more fun a freeforall
They say
Girls everywhere
Too hot for me and few bands I care about
Everything has it’s best time I guess
Like festivals in the 70s
Now those were absolute crazy
Ozark mountain music festival 1974
Sedalia MO
I was only 16
Sorry
Wrong thread
It’s morning somewhere
Ping
It is found from time to time. I have an unopened canister and 2/3 of another.
I always wondered where Lake City was located.
Sniffer needs to get to work on getting me some small pistol primers.
Since when the military get to legislate?
Buy American made this month.
Bttt.
5.56mm
Geez, what are they afraid of?
The more they implement restrictive measures, the more people buy and collect.
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