According to the U.S. Bureau of Labor Statistics, prices for fuel oil and other fuels were 184.95% higher in 2019 versus 2000 (a $36.99 difference in value).
Between 2000 and 2019: Fuel oil and other fuels experienced an average inflation rate of 5.67% per year. This rate of change indicates significant inflation. In other words, fuel oil and other fuels costing $20 in the year 2000 would cost $56.99 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.10% during this same period, inflation for fuel oil and other fuels was significantly higher.
In the year 2000: Pricing changed by 0%, which is significantly below the average yearly change for fuel oil and other fuels during the 2000-2019 time period. Compared to inflation for all items in 2000 (3.38%), inflation for fuel oil and other fuels was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Fuel oil and other fuels:
Year | 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 |
CPI | 99.367 | 95.900 | 77.633 | 77.867 | 78.100 | 81.700 | 99.300 | 94.633 | 90.700 | 90.300 | 88.800 | 88.100 | 99.200 | 99.833 | 99.833 | 99.833 | 99.833 | 99.833 | 99.833 | 99.833 | 99.833 | 99.833 | 99.833 | 99.833 | 99.833 | 99.833 | 99.833 | 99.833 | 99.833 | 99.833 | 99.833 | 99.833 | 99.833 | 99.833 | 292.999 | 284.472 |
Below are calculations of equivalent buying power for Fuel oil and other fuels, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2000 | $20.00 | - |
2001 | $20.00 | 0.00% |
2002 | $20.00 | 0.00% |
2003 | $20.00 | 0.00% |
2004 | $20.00 | 0.00% |
2005 | $20.00 | 0.00% |
2006 | $20.00 | 0.00% |
2007 | $20.00 | 0.00% |
2008 | $20.00 | 0.00% |
2009 | $20.00 | 0.00% |
2010 | $20.00 | 0.00% |
2011 | $20.00 | 0.00% |
2012 | $20.00 | 0.00% |
2013 | $20.00 | 0.00% |
2014 | $20.00 | 0.00% |
2015 | $20.00 | 0.00% |
2016 | $20.00 | 0.00% |
2017 | $20.00 | 0.00% |
2018 | $58.70 | 193.49% |
2019 | $56.99 | -2.91%* |