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

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
  • University Monitoring Wind Chill Warning for Friday, Feb. 3
    Thursday, February 2, 2023, By News Staff
  • NASA Honoring Those Who Were Aboard Space Shuttle Columbia And Other Late Astronauts
    Thursday, February 2, 2023, By Julia Mazzer
  • NFL, Eagles and Chiefs All Set To Win The Economics Game In Super Bowl LVII
    Thursday, February 2, 2023, By Julia Mazzer
  • CEOs Requiring In Person Work Is Hurting Diversity
    Thursday, February 2, 2023, By Julia Mazzer
  • Parking and Transportation Services Makes Updates to New Late-Night Euclid Loop to Include Warehouse Stop
    Thursday, February 2, 2023, By Jennifer DeMarchi

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
  • @SUCampus
  • Social Media Directory
  • Accessibility
  • Privacy
  • Campus Status
  • Syracuse.edu
© 2023 Syracuse University News. All Rights Reserved.