RC 20, the story about bullseye is as true as it can be determined to be. Alliant themselves provide the information. The stuff is stored in water, and that preserves the plastic material perfectly. Every year, as they said, a sample is drawn off, dried out, treated in any way necessary such as adding graphite, and then tested.
Some one ought to ask Alliant if they recommend storing gunpowder under water. And then, ask about the shelf life of the stuff once it is dried. I am quite certain they won't recommend the first and they will hem and haw about the second. Water storage is bad for the lifetime of gunpowder, and stuff leaches out of gunpowder stored in water.
Back in the 70's you could find Hercules bragging about their experiment but they have not done that in a while. Probably because someone copied what they saw in the ad, and then, sued once their house burnt down or their gun blew up. Companies are liable for the claims they make in ads.
Old gunpowder is stored under water, the Navy used to do that, because the water will keep the gunpowder cool and it will dissolve the acid gas that comes out of deteriorating gunpowder. Bulk gunpowder will autocombust as it ages. Shooters are generally ignorant of the amount of munitions being destroyed each year, basically, they don't want to know. They want to assume that they and their ammunition will last forever and the ammunition industry encourages this ignorance. It is in no ones financial interest to educate the public because the shooting public will become picky. Might not want to pay full price for 10, 20 year old ammunition and powder.
The Small Arms Survey has some of the best information in the public domain on this,
They have a number of articles about demilling under
Weapons Collection and Destruction
http://www.smallarmssurvey.org/regu...sures/weapons-collection-and-destruction.html
The tonnage to be demilled by the US alone, in the 600,000 tons range, is beyond the conception of someone who things ammunition lasts forever.
Burning the Bullet: Industrial Demilitarization of Ammunition,