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Diesel, all types · per gallon · 1921 Estimated

This figure may be significantly off. It is projected back 73 years from the first recorded price, using general inflation. Items do not track inflation evenly — groceries in particular were far more expensive relative to other goods before modern agriculture, so a figure this old can understate the real price by two-fold or more. Use it for a sense of scale, not as a historical price.

$0.13in June 1921 — about $2.52 in today's money.

Price history

$2.00$4.001995200020052010201520202025
19942026 · price per gallon · no observations before 1994

Record & method

No price was recorded for 1921. This figure is estimated: we took the earliest observed price (March 1994) and moved it back along the category inflation curve — a back-cast of 73 years. The further back it reaches, the less it should be trusted. Treat it as an approximation, not a historical fact.

Source
U.S. Bureau of Labor Statistics via FRED. Public domain.
Series
GASDESW
Estimated for
June 1921
Coverage
March 1994July 2026
Adjusted by
CPIAUCNS · 17.6333.952 (June 2026)
Back-cast
73 years before the first record · very low confidence
License
Public domain

See the full price history for diesel, all types

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Verified prices are drawn from U.S. public records (BLS/FRED, public domain). Estimated prices are inflation-derived and labeled as such.
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