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
  • SCOTUS Win for Combat Veterans Backed by Syracuse Law Clinic
    Monday, June 23, 2025, By Vanessa Marquette
  • Syracuse Views Summer 2025
    Monday, June 23, 2025, By News Staff
  • Tiffany Xu Named Harry der Boghosian Fellow for 2025-26
    Friday, June 20, 2025, By Julie Sharkey
  • Registration Open for Esports Campus Takeover Hosted by University and Gen.G
    Thursday, June 19, 2025, By Matt Michael
  • 2 Whitman Students Earn Prestigious AWESOME Scholarship
    Tuesday, June 17, 2025, By News Staff

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.