mike, because everybody is hoarding it, not because the ammo manufactures aint making it!! they are, but they just cant keep up with the hoarders!!! that's what is driving the price up, the old supply and demand rule!!!! sad but true!!! I know some guys that have 4,5,6 thousand rounds of 22lr because they are scared we wont be able to get it anymore!!! give thanks to Obama for all this ammo problems and many other things!!!! who would have ever thought!!! it will get worst, 2 more years of Obama, he cant take our guns, but he can sure take away the ammo!!!! the only hope we got and some people mite argue is the NRA, join today if u didn't yet!!! don't wait on our politicians!!!! the 223 caliber is next, guaranteed!!!!