Gas prices in Europe. Someone is going to get a lot of money, and of course that is Russia! March 7, 2022 7:17 pm by IWB Sharing is Caring! And the governments. … 60% of the gas price are only taxes!!!! In Europe prices are in €/l, gas/diesel is about 2€/l, or 8$/gallon See also 'Debt ceiling increase = inflation increase = Federal Reserve Interest rate hikes = higher mortgage & car loan costs = higher food/gas prices = decrease in wage value... It’s all connected. If Gov’t spending isn’t cut, your family’s spending will be' We are primarily funded by readers. Please subscribe and donate to support us! See also The Fed doesn't print money, they print bonds. Money supply isn't deflating like you think. M2 measurements exclude money market funds over <100k. h/t PrettyBigGuy Views: