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#2
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The reason (not an excuse) is that there is a time lag involved. The stuff on the shelves today was made with raw materials contracted for a year or so ago, not yesterday.
It took a year or more for bullet prices to climb when raw metals prices were rising, and it will take a while for the prices to come back down now that metals have fallen again. It may be exacerbated by the current "Obamaphobia" ammo hoarding, but that's not the manufacturers fault, it's ours. As somebody else said, "If we idiots are fighting each other to pay outrageous prices for stuff, why would the sellers lower the price?"
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