The Government Created Ammo Shortage

The company line put out by large ammo manufacturers that the current shortage is a result of demand and hoarding seems to point the blame at consumers.  Of course they seem to forget that government hoarding is the biggest source of all of the stress on ammo production.  Another cause of the private demand for ammo to go up so rapidly is the stated goal of the government to limit access and availability of firearms to the public.

Another concern is now the EPA attempt to restrict access to lead bullets and instead to get states to require green ammo/non-lead.

Bullet Health Fears Dry Up Ammo Supply as EPA Demands Green Ammo.
The latest step in the administration's attempt to restrict supply is to push states to require green ammo or ammo with no lead.  Since bullets have always been made of lead it isn't a wonder that this has caused another panic in the purchase of bullets and ammunition components.  Even the raw materials are getting the government attack by their plan to close the lead mines in the country through EPA restrictions and findings.  Here is one example.

Give it time and Fedgov will set their sights on pellet rifles too.