• Europe's Diesel and Gas Taxes

    Europe's Diesel and Gas Taxes

    Many European governments granted temporary gasoline tax reductions in reaction to a year of high energy price hikes in 2022. By 2023, European gas and diesel taxes had essentially returned to pre-Russia-Ukraine war levels. The European Union (EU) mandates member states to impose a minimum excise duty of €0.36 per liter ($1.55 per gallon) on gasoline (petrol).