Skip to calculator

Financial tools for understanding prices, value, and purchasing power.

BLS average price

How much did fuel oil cost in 1978?

Fuel oil averaged $0.54 per gallon in 1978.

$0.54

per gallon in 1978

Adjusted with CPI-U, that is about $2.75 in 2026 dollars.

See calculation

Source: U.S. Bureau of Labor Statistics Average Price Data, APU000072511. Imported from BLS bulk time-series files (annual mean of published monthly values).

Related historical prices

Historical fuel oil prices
Fuel oil prices in 1979
US inflation calculator

Monthly fuel oil prices in 1978

November 1978 $0.53 per gallon December 1978 $0.55 per gallon

Data: U.S. Bureau of Labor Statistics — CPI-U. Series CUUR0000SA0, base period 1982–84 = 100. Coverage: 1913–2026. April CPI is used for 2026 until the annual average is published.

Built with Ruby on Rails & Hotwire.