Fuel oil #2 · per gallon · 1940 Estimated
$0.12in June 1940 — about $2.92 in today's money.
- Price in 1940$0.12
- Same money today$2.92
- Actual price now · June 2026$4.71
- Change since 1940+3726%
Price history
Record & method
No price was recorded for 1940. This figure is estimated: we took the earliest observed price (November 1978) and moved it back along the category inflation curve — a back-cast of 38 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
- APU000072511
- Estimated for
- June 1940
- Coverage
- November 1978 – June 2026
- Adjusted by
- CPIAUCNS · 14.1 → 333.952 (June 2026)
- Category curve
- CUUR0000SETB01
- Back-cast
- 38 years before the first record · very low confidence
- License
- Public domain