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
  • Professor Anthony Adornato Trains Journalists in Kosovo Through Fulbright
    Wednesday, August 6, 2025, By Kelly Homan Rodoski
  • Construction Continues at Stadium Place, Center Crosswalk to Close Aug. 8
    Wednesday, August 6, 2025, By Jennifer DeMarchi
  • Whitman School Celebrates Record Fundraising Year, Builds Momentum for Transformation
    Wednesday, August 6, 2025, By News Staff
  • Communication Sciences and Disorders Scholars Earn Grants and National Honors
    Wednesday, August 6, 2025, By News Staff
  • New Award Recognizes Faculty Volunteers for Academic Integrity Service, Impact
    Wednesday, August 6, 2025, By Diane Stirling

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.