Caught this on Drudge:
http://www.tulsaworld.com/news/article.aspx?subjectid=11&articleid=20090313_11_A1_ARuger442781Sales of guns, ammo still high
One shop says the "hoarding" of ammunition since Obama's election has created a shortage.
Four months after the election of President Barack Obama, firearms and ammunition sales in Tulsa remain at a fever pitch.
Popular self-protection ammunition is often sold out at local stores, weapons are flying off shelves and the state reports an 87 percent increase in concealed carry permit applications for February 2009 over February 2008.
"People are hoarding. They're creating a shortage," Jim Prall at Sports World on 41st Street said of ammunition sales. "We've sold more ammunition in the last three months than we sold last year."
Gun sales spiked in November with the election of Barack Obama and Democrats adding to their majority in Congress. But local gun dealers say the spike is turning into a steady climb with political worries about gun rights as well as worries about the economy and potential for increased crime.
Prall said his store planned ahead for the increase, having seen a similar spike
after Bill Clinton was elected, but the previous jump in sales pales in comparison to what's happening now.
"Most we're selling now we got back in September, but we bought pallets then where normally we wouldn't have ordered that much."
The surprise sales come with .380 caliber semi- automatic pistols. A relatively small self-protection weapon, it's not one that people typically fire in great quantity at the firing range, Prall said. Yet, the ammunition is now hard to find. "Nobody would have predicted that," he said.
"What's happened is everybody is afraid because the Democrats are anti-gun," said David Stone, president of Dong's Guns and Ammo on East Admiral Place.
Sales are so intense that Stone has limited sales of .380 ammo to one box per customer at Dong's. He has .380-caliber handguns for sale, and likes to be able to sell ammunition to whoever buys a gun, he said.
A shipment of 10 Ruger .380 LCP handguns was sold in 24 hours this week — seven the first day, three the next. "Last week I had 28 boxes of .380, rationed to one per person, and it was gone in three days," Stone said.
Academy Sporting Goods stores also are low on .380 ammo. "The other day we got 16 boxes of .380 and a guy came in first thing and bought all 16," said Jon Ide, hunting and fishing sales associate at the 41st Street store. "A few people are doing all the buying, and it's the people who are trying to just get a box or two that can't find any."
Similar stories across the country.
So, the shortage is due to all of us wisely stocking up. Therefore the dealers can increase the price because people will still pay.
Economics is a love/hate thing when it comes to ammo.