Gun sales up following election
BATON ROUGE - Two days after President Barack Obama was reelected to his second term, some gun stores have seen increased sales, especially for high powered rifles.
Gun enthusiasts are fearful another assault weapon ban is looming, so there's a run on everything.
C.J. Hebert, owner of Hebert Guns in Prairieville, said his supplier ran out of AR15's after pushing more than 1,000 yesterday alone.
During the town hall style debate last month, when asked if he would propose another assault weapon ban, President Obama said weapons designed for soldiers do not need to be in the hands of civilians.
"What I'm trying to do is to get a better conversation going about how do we reduce the violence generally. Part of it is seeing if we can get another assault weapons ban introduced."
Since Monday, companies like Ruger and Smith and Wesson are trading up more than 13 percent.
But this isn't the first time gun and ammunition prices have spiked.
In 2004, many companies saw similar gains when the Clinton Administration's assault weapon ban was lifted, and then again following the 2008 presidential election.