To expand upon "Walker"'s comments, I think this is behaving like other shortages. Shortages produce hoarding behavior, and it's very possible people (and commercial operations) are still hoarding hops, to some extent. I think it's important to know, as was mentioned, which hops are being rationed by your LHBS, and then see if they are available elsewhere, say, online. I ordered a big bunch of stuff, including a half-dozen varieties of hops, from Northern Brewer a month ago, and didn't see any sign that anything was being rationed.
This is analogous to what went on for about two years with some kinds of ammunition and components. Same kind of behavior, shortages, rationing by vendors. Now it's all evaporated, except for certain kinds of components, and I imagine it's because some people are still pack-ratting it away....