I know that the members of this site have benefited much from the bourbon glut of the 1970's and 80's. The impending outlook for war drove the distilleries to mass produce our favorite juice. What a great outcome for the bourbon lovers of the world. We dusty hunt from place to place for all the bourbons that were produced durring this time of excess.
Since history repeats itself on an ongoing level, I wondered if we are headed for the same type of outcome in the near future?
Many of the current producers are filling barrels on an unpreviousley matched level. There are at least three distilleries that I know of that are buiding warehouses, remodeling stills and finishing their plants off with new equipment (Turkey, Angostura and Willetts).
What will become of this new era of bourbon making? Will we see another glut of bourbon on the market in a few years(maybe more) to come? Things are proceeding in many new directions with BT's Antique Collection, super aged products, more barrel proof versions, 3 year versions, micro distilleries and nonproducer brands (which require bulk whiskey to survive).
Will we see some consolidation of some of the newwer micro-distilleries eventually? Similarly Schenley purchased up Dant and Segrams bought out McKenna and then HH swooped in a picked up both.
I am not sure what will happen...though, I believe that the outlook is very promising. If fads wear out eventually....we could be headed for the second bourbon glut in our history. Not too bad of an outlook for the dusty hunting crowd, it just might take some time to get there.