.22 Ammo Shortage I don't rule out "Conspiracy Theory", but it is waaaay down the list. Probably the last and least creditable. Increased consumption seems to be the main reason, but there are many. Another reason is unethical business practices by major retailers. We all know which one sticks out, from THR testimonials posted. It is encouraged, allowed or tolerated, in too many cases, for whatever reason. Finally, (and this does not sum up all the rest of the reasons), the hoarders, scalpers, seniors in line early, profiteers, opportunistic business people, etc., all have their place too. But, there is a light at the end of the tunnel (and it's not a train). The supply seems to be improving somewhat. Whether it returns to "normal" (whatever that is), can be discussed and disputed for a very long time. The short answer is, nobody knows.