According to the U.S. Bureau of Labor Statistics, prices for fuel oil were 2,105.32% higher in 2021 versus 1952 (a $421.06 difference in value).
Between 1952 and 2021: Fuel oil experienced an average inflation rate of 4.59% per year. This rate of change indicates significant inflation. In other words, fuel oil costing $20 in the year 1952 would cost $441.06 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 3.38% during this same period, inflation for fuel oil was higher.
In the year 1952: Pricing changed by 2.41%, which is below the average yearly change for fuel oil during the 1952-2021 time period. Compared to inflation for all items in 1952 (2.25%), inflation for fuel oil was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Fuel oil:
Year | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
CPI | 5.575 | 5.800 | 6.800 | 6.340 | 5.840 | 6.086 | 6.300 | 7.231 | 7.800 | 7.846 | 7.469 | 7.562 | 8.800 | 11.520 | 10.860 | 11.040 | 11.620 | 11.900 | 12.508 | 12.592 | 13.023 | 13.638 | 14.338 | 13.515 | 13.715 | 13.469 | 14.015 | 14.008 | 14.315 | 14.000 | 14.285 | 14.654 | 15.138 | 15.600 | 15.938 | 16.546 | 17.569 | 17.623 | 20.362 | 32.231 | 34.908 | 37.408 | 42.400 | 44.915 | 63.054 | 87.723 | 107.323 | 105.000 | 96.500 | 98.515 | 94.577 | 74.077 | 75.815 | 75.769 | 80.338 | 98.638 | 92.408 | 87.969 | 87.215 | 85.638 | 84.754 | 97.015 | 96.862 | 84.838 | 86.562 | 130.262 | 125.823 | 111.531 | 136.638 | 160.000 | 216.362 | 244.585 | 262.597 | 365.000 | 240.197 | 282.932 | 367.804 | 376.126 | 370.234 | 365.008 | 254.318 | 209.182 | 241.714 | 296.064 | 282.408 | 218.008 | 262.434 |
Below are calculations of equivalent buying power for Fuel oil, over time, for $20 beginning in 1952. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1952 | $20.00 | 2.41% |
1953 | $21.02 | 5.11% |
1954 | $21.16 | 0.68% |
1955 | $21.89 | 3.42% |
1956 | $22.92 | 4.73% |
1957 | $24.10 | 5.13% |
1958 | $22.71 | -5.74% |
1959 | $23.05 | 1.48% |
1960 | $22.64 | -1.79% |
1961 | $23.56 | 4.05% |
1962 | $23.54 | -0.05% |
1963 | $24.06 | 2.20% |
1964 | $23.53 | -2.20% |
1965 | $24.01 | 2.03% |
1966 | $24.63 | 2.58% |
1967 | $25.44 | 3.31% |
1968 | $26.22 | 3.05% |
1969 | $26.79 | 2.17% |
1970 | $27.81 | 3.81% |
1971 | $29.53 | 6.18% |
1972 | $29.62 | 0.31% |
1973 | $34.22 | 15.54% |
1974 | $54.17 | 58.29% |
1975 | $58.67 | 8.31% |
1976 | $62.87 | 7.16% |
1977 | $71.26 | 13.35% |
1978 | $75.49 | 5.93% |
1979 | $105.97 | 40.38% |
1980 | $147.43 | 39.12% |
1981 | $180.37 | 22.34% |
1982 | $176.47 | -2.16% |
1983 | $162.18 | -8.10% |
1984 | $165.57 | 2.09% |
1985 | $158.95 | -4.00% |
1986 | $124.50 | -21.68% |
1987 | $127.42 | 2.35% |
1988 | $127.34 | -0.06% |
1989 | $135.02 | 6.03% |
1990 | $165.78 | 22.78% |
1991 | $155.31 | -6.32% |
1992 | $147.85 | -4.80% |
1993 | $146.58 | -0.86% |
1994 | $143.93 | -1.81% |
1995 | $142.44 | -1.03% |
1996 | $163.05 | 14.47% |
1997 | $162.79 | -0.16% |
1998 | $142.59 | -12.41% |
1999 | $145.48 | 2.03% |
2000 | $218.93 | 50.48% |
2001 | $211.47 | -3.41% |
2002 | $187.45 | -11.36% |
2003 | $229.64 | 22.51% |
2004 | $268.91 | 17.10% |
2005 | $363.63 | 35.23% |
2006 | $411.07 | 13.04% |
2007 | $441.34 | 7.36% |
2008 | $613.44 | 39.00% |
2009 | $403.69 | -34.19% |
2010 | $475.52 | 17.79% |
2011 | $618.16 | 30.00% |
2012 | $632.14 | 2.26% |
2013 | $622.24 | -1.57% |
2014 | $613.46 | -1.41% |
2015 | $427.42 | -30.33% |
2016 | $351.57 | -17.75% |
2017 | $406.24 | 15.55% |
2018 | $497.59 | 22.49% |
2019 | $474.64 | -4.61% |
2020 | $366.40 | -22.80% |
2021 | $441.06 | 20.38%* |