They increased by different amounts in different countries.
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you can check Bloomberg for answers. What kind of oil do you mean?
Actually, quite high for 1980. In 1980, the US national average price of a gallon of regular gasoline was $1.25. That is equal to about $3.31 per gallon in 2010 dollars.
I measured from graph I found earlier today to determine that the valuations of homes, nationally, increased by a factor of 3.2 during the period Jan 1970 to Jan 1980. This corresponds to an average (geometric average) of about 12% growth annually during that period.
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Diversified - Novanet :) Fu***** cheater!