Oxidation !!!

Jon222 Had the same problem with pellets in the cardboard box lined with foam on the bottom, left in a garage for about 4-5 years that I got from a friend.I washed them with hot water & dawn then lubed. The outside of the pellets came clean but still left some residue to the inside of the skirts. I got rid of all the cardboard box's and went to sealed plastic containers. Not sure about acetone but someone has tried it. Going to try that next. Cardboard draws moisture & I believe that was the culprit. good luck with the right answer Darell 
 
I wash all my pellets to clean any lead dust off then rinse them in synthetic 2 cycle lube mixed with E85 (what I run in my race car) 30:1
I started doing this not necessarily to lube the pellets but to protect them from oxidation. Because I live on the Texas coast and the windblown salt mist corrodes EVERYTHING unless you cover it with a protectant. Pledge worked OK but the 2 cycle works better I think. Note that I had pellets that were six months old in tins where the tape had been removed that got the white lead oxide coat all over them. Since I buy a years supply at a time (like 30 tins of 300 JSB 33.95 for example) I will have pellets towards the end of the year that might oxidize if I did not do something.

As per if lead oxide is harmful: YES it is and breathed or ingested it enters the body and becomes heavby metal toxicity as bad as breathing lead fumes from a casting pot.

PbO, PbO2, Pb2O3, Pb3O4, Pb12O19 are different oxides and each has a different 'pretty' color like red, white, yellow or black that used to be used in paint pigment - ALL LETHAL IF ENOUGH IS INGESTED!