Petrol Price Time Machine
Travel back in time to see what petrol cost when you were born, got your first job, or any year since 1970. Discover how fuel prices have changed across decades in India.
Price Journey
🚗 Full Tank Comparison
💰 Purchasing Power
📈 Historical Price Chart
How to Use the Petrol Price Time Machine
- Select a Year: Use the slider to pick any year from 1970 to 2025. See the petrol price for that year instantly.
- Enter Your Birth Year: This helps generate relevant milestone buttons like "Birth Year," "First Job," and "Marriage."
- Use Milestone Presets: Click quick buttons to jump to significant years in your life.
- Set Tank Size: Adjust your car's tank capacity for accurate fill-up cost comparisons.
- Compare Results: See the price difference, inflation-adjusted values, and purchasing power changes.
Understanding Petrol Price History in India
India's petrol prices have seen dramatic changes over the decades, influenced by global oil markets, government policies, and economic reforms.
Key Milestones in Indian Petrol Pricing
- 1970: Petrol cost just 55 paise per liter - less than a cup of chai today!
- 1973-74: First oil crisis - prices nearly tripled due to Arab oil embargo
- 1980: Second oil shock pushed prices past Rs 4
- 1991: Economic liberalization led to gradual deregulation
- 2002: Administered Pricing Mechanism (APM) began dismantling
- 2010: Petrol pricing deregulated, prices linked to global markets
- 2014: Diesel deregulation completed under new government
- 2021: Petrol crossed Rs 100 for the first time - historic milestone
Why Petrol Prices Keep Rising
Global Crude Oil: India imports 85%+ of its oil. International crude prices directly impact pump prices.
Taxes: Central excise + State VAT can make up 50-60% of retail price!
Rupee Depreciation: Weakening INR against USD makes imports costlier.
Refinery Costs: Processing and transportation add to base cost.
Real vs Nominal Price Increase
While nominal prices have increased 170x since 1970 (Rs 0.55 to Rs 95), adjusting for inflation tells a different story. In real terms, petrol has increased about 3-4x - still significant, but less dramatic than raw numbers suggest.