what did home heating oil cost back in the 50’s, 60’s, & 70’s?

September 13th, 2008 | by Michael |
heating cost
ticonderoga1186 asked:




RONALD

  1. 4 Responses to “what did home heating oil cost back in the 50’s, 60’s, & 70’s?”

  2. By DR_NC on Sep 16, 2008 | Reply

    I have an old receipt from 1975 where my father paid 39.9 cents for #2 fuel oil for his home heating plant. I believe it was a York, oil-fired furnace. This was after the oil embargo. Before 1973, I think the price was around 25 cents.

  3. By geremiah on Sep 18, 2008 | Reply

    I remember 18 cents a gallon in the late 50’s.

  4. By Michael B on Sep 20, 2008 | Reply

    I remember in the 70’s it was about .48 and right now it’s $3.15 per gallon.

  5. By missourian on Sep 21, 2008 | Reply

    thinking of cost 50’s minimum wage about .85 cents an hour
    60’s minimum wage about 1.00 and hour
    70’s minimum wage about 5.00 and hour
    hmmm, if gasoline costs 22 cents a gallon in 1956 that was 25% of your hourly wage.
    today gas is about 3.00 a gallon wages are about average 21.00 hourly, about 14% of your hourly wage

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