Diesel, all types · per gallon · 1997 Verified
$1.19in June 1997 — about $2.48 in today's money.
- Price in 1997$1.19
- Same money today$2.48
- Actual price now · July 2026$5.13
- Change since 1997+331%
Priced in working time
- Work to buy in 1997 · the federal minimum wage was $4.75/hour15 min
- Work to buy today · at $7.25/hour (2026)42 min
Observed price divided by the observed wage for the same year — nothing here is back-cast. See the minimum wage record →
Price history
Record & method
This is an observed price. The U.S. Bureau of Labor Statistics recorded it in June 1997; we have not adjusted the figure.
- Source
- U.S. Bureau of Labor Statistics via FRED. Public domain.
- Series
- GASDESW
- Observed
- June 1997
- Coverage
- March 1994 – July 2026
- Adjusted by
- CPIAUCNS · 160.3 → 333.952 (June 2026)
- License
- Public domain