At least someone benefited from the spike in gas prices.

The University’s endowment increased from $12.2 billion to $15.2 billion, nearly a 20% jump, for the year ending in June, as first reported in Sunday’s San Francisco Chronicle,

John Powers, the new chief executive officer of the Stanford Management Co., said the gains came in international markets and real estate and, alas, gas and oil.

Stanford’s endowment is third-largest of any American university, trailing only Harvard and Yale.