Ammo prices 75% off soon
- Thread starter cornman
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One of the things you need to remember is that most commodities are not purchased on the spot market, so it takes a while for price changes to work their way into the system.
gasoline is one of the few where there is a direct correlation between the spot market and the retail price. you need to remember that the cost of the petroleum is only part of the cost in a gallon of gas. its the largest part, but taxes is the second largest, and refining, distribution, profits, etc is about the same as taxes.
http://www.eia.doe.gov/bookshelf/brochures/gasolinepricesprimer/
According to this authoritative site, the average cost of gas in 2007 was $2.80. Of this, 28 cents was distribution and marketing, 48 cents was refining and profits, 42 cents was taxes, and 162 cents was the cost of the oil.
So even if oil dropped by 50%, the price of gas would only be expected to drop from $2.80 to $1.99, solely because of the drop in price of oil.
There are a lot of other factors that affect the price of gasoline. A few years back there was essentially a gas war going on between European and American refineries who were operating at 100% capacity that drove the pump price down under a dollar. The oil companies were barely profitable for several years then.
gasoline is one of the few where there is a direct correlation between the spot market and the retail price. you need to remember that the cost of the petroleum is only part of the cost in a gallon of gas. its the largest part, but taxes is the second largest, and refining, distribution, profits, etc is about the same as taxes.
http://www.eia.doe.gov/bookshelf/brochures/gasolinepricesprimer/
According to this authoritative site, the average cost of gas in 2007 was $2.80. Of this, 28 cents was distribution and marketing, 48 cents was refining and profits, 42 cents was taxes, and 162 cents was the cost of the oil.
So even if oil dropped by 50%, the price of gas would only be expected to drop from $2.80 to $1.99, solely because of the drop in price of oil.
There are a lot of other factors that affect the price of gasoline. A few years back there was essentially a gas war going on between European and American refineries who were operating at 100% capacity that drove the pump price down under a dollar. The oil companies were barely profitable for several years then.
Tacbandit
Member
Gas is $2.42 here today...not great, but better than $4.00 + like it was...Since I'm not reloading yet, I'm picking and choosing on sale ammo. I'm not in panic mode, but I do feel it is prudent to stockpile a little ammo. I think it'll be a while before we see ammo prices really low again...especially for those darned "ASSAULT RIFLES..." You can always move ammo...if not,heck.........shoot it up......
JasonblkZ06
Member
What is this politics, politics, politics I keep seeing?
1911Tuner
Moderator Emeritus
Posts edited because of political argument.
i know its not an accurate measure, but cheaperthandirt.com has reduced the pricing on alot of their ammo very recently.
october price:
remington UMC, .40 S&W 50 rnds 18.90
remington UMC, .223 rem, 20 rnds 10.97
remington UMC, 9mm 50 rnds, 13.97
november price:
remington UMC, .40 S&W 50 rnds 15.49
remington UMC, .223 Rem 20 rnds 9.59
remington UMC, 9mm 50 rnds, 12.59
october price:
remington UMC, .40 S&W 50 rnds 18.90
remington UMC, .223 rem, 20 rnds 10.97
remington UMC, 9mm 50 rnds, 13.97
november price:
remington UMC, .40 S&W 50 rnds 15.49
remington UMC, .223 Rem 20 rnds 9.59
remington UMC, 9mm 50 rnds, 12.59
Dksimon
Member
Unless you know something about economics that i dont know it is not wise to sell now and buy back later. Raw materials may be comming down in price but i dont think the actuall price of ammo will come down by very much, if any at all.
P.S. I filled up today with the 10% ethanol stuff for 2.34 per gallon.
P.S. I filled up today with the 10% ethanol stuff for 2.34 per gallon.
45crittergitter
Member
I was at a local Wal-Mart yesterday. They had Remington Thunderbolt .22LR (the cheap stuff) for $6.87 per box of 50, or $6.87 per brick of 500.
QUICK_DRAW_McGRAW
Member
ya know i got a bridge i need to talk with you about, its about half done, just long enough over the river to fall into the deepest part.
sorry but prices will never come down, they have yet to as long as ive been around, and my grandfather says the same thing.
and to top it off, when the Olympics where going on we where getting 230 per ton of scrap metal (i work at a wrecking yard) its now down to $40. they say we will have to PAY to get rid of it some day.
sorry but prices will never come down, they have yet to as long as ive been around, and my grandfather says the same thing.
and to top it off, when the Olympics where going on we where getting 230 per ton of scrap metal (i work at a wrecking yard) its now down to $40. they say we will have to PAY to get rid of it some day.
Rmart30
Member
If ammo prices hit 75% off of what they are now I will have to build myself a warehouse.
The same people saying that ammo prices are just going to keep going up and up, are sames ones that last summer would have laughed at you if you told them gas would be under 3 bucks a gallon by October. The ammo prices will come down, but it's going to take a little time for the price drops in commodities to be reflected on the shelves. Just give it some time, and don't panic.
Mannlicher
Member
cornman
At first I thought this was a joke post, but I see some are actually considering this loony toons approach to reality.
Sooner than you expect, the dhimmicrats will ban ammo, and then where will you be?
What I have is bought and paid for, and I am keeping it.
At first I thought this was a joke post, but I see some are actually considering this loony toons approach to reality.
Sooner than you expect, the dhimmicrats will ban ammo, and then where will you be?
What I have is bought and paid for, and I am keeping it.
I just bought 1000 rounds of Blazer Brass 9mm ammo at walmart for 8.57/box of 50. This is the best deal on ammo you'll get anywhere. I'm going to pick up 500 rounds of .45 tomorrow at 13.97/box of 50. This beats any bulk order I can find anywhere. This isn't the old steel cased crud either.
351 WINCHESTER
Member
Gas is under 2 bucks and falling. I think there is an abundance of ammo and with the economy in the toilet it will have to be discounted in order to move it.
45crittergitter
Member
Correction to my last post: $68.70 per brick.
That is funny (OP). America needs to take a good hard look at working economics classes into the school system. Demand will far outpace supply for some time, hence no break in price. If anything I see prices going up. That $2.00 gasoline takes the same amount of money out of your pocket as the $4.00 gas did. The difference is there are less dollars being spent in the economy. The only way ammo would go down in price is if nobody bought it for a long time (think years).
308sc
Member
gas is $1.67 here, and prices on ammo are as high as ever.
atblis
Member
9mm ammo prices are coming down. When do bullets start getting cheaper? I haven't seen them budge yet.
Double Naught Spy
Sus Venator
So y'all think that gas prices and ammo prices are directly correlated? I don't think that is the case at all. Gas prices may make up a part of ammo price, but it isn't the biggest part.
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