Skip to main content
  • Home
  • About
  • Faculty Experts
  • For The Media
  • ’Cuse Conversations Podcast
  • Topics
    • Alumni
    • Events
    • Faculty
    • Students
    • All Topics
  • Contact
  • Submit
  • All News
  • Arts & Culture
  • Business & Economy
  • Campus & Community
  • Health & Society
  • Media, Law & Policy
  • STEM
  • Veterans
  • University Statements
  • Syracuse University Impact
  • |
  • The Peel
  • Athletics
Sections
  • All News
  • Arts & Culture
  • Business & Economy
  • Campus & Community
  • Health & Society
  • Media, Law & Policy
  • STEM
  • Veterans
  • University Statements
  • Syracuse University Impact
  • |
  • The Peel
  • Athletics
  • Home
  • About
  • Faculty Experts
  • For The Media
  • ’Cuse Conversations Podcast
  • Topics
    • Alumni
    • Events
    • Faculty
    • Students
    • All Topics
  • Contact
  • Submit
Spectrum News

“Ukraine crisis, other factors driving higher gas prices in the U.S.”

Wednesday, February 9, 2022, By Lily Datz
Share

Patrick Penfield, professor of supply chain practice and director of Executive Education in the Whitman School, was interviewed for the Spectrum News story “Ukraine crisis, other factors driving higher gas prices in the U.S.” Penfield, and expert on supply chain management, explained that there is a fear that global sanctions on Russia could impact oil prices, as the country is the primary supplier of oil for Europe. As a result, gas prices in the U.S. will likely rise even more, meaning that the Biden administration will need to figure out how to mitigate the problem. “The Biden administration has some recourse. They could release more oil from the strategic national reserve, and the second thing they can do is start buying more oil from Iran,” Penfield said.

Read Full Article
  • Faculty Experts
  • Patrick Penfield

  • Recent
  • In Memoriam: Life Trustee Michael Bill ’58
    Tuesday, August 26, 2025, By Eileen Korey
  • Newhouse Advanced Media Management Master’s Program Earns STEM Designation
    Tuesday, August 26, 2025, By Genaro Armas
  • New Students Share Their Campus Must-Haves (Video)
    Tuesday, August 26, 2025, By News Staff
  • Maxwell Welcomes International Professionals for Anti-Drug Trafficking Program
    Monday, August 25, 2025, By Jessica Youngman
  • Call for Focus Group Participants for Bird Library Assistive Technology Room
    Monday, August 25, 2025, By Cristina Hatem

Subscribe to SU Today

If you need help with your subscription, contact sunews@syr.edu.

Connect With Us

  • Facebook
  • @SyracuseUNews
  • Youtube
  • Facebook
  • Instagram
  • Youtube
  • LinkedIn
  • @SyracuseU
  • @SyracuseUNews
  • Social Media Directory
  • Accessibility
  • Privacy
  • Campus Status
  • Syracuse.edu
© 2025 Syracuse University News. All Rights Reserved.