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

BLS average price

How much did fuel oil cost in December 1978?

Fuel oil averaged $0.55 per gallon in December 1978.

$0.55

per gallon in December 1978

Adjusted with CPI-U, that is about $2.78 in 2026 dollars.

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

Related historical prices

Fuel oil prices in 1978
Historical fuel oil prices
Fuel oil prices in November 1978
Fuel oil prices in January 1979
US inflation calculator

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.

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