Executive Leadership Briefing

Gas prices average above $4/gallon in every state - May 25, 2022


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Nineteen children and two teachers died in an elementary school shooting Tuesday, reigniting debate over gun control measures. President Joe Biden urged Americans to address the gun violence crisis following the deadliest school shooting in nearly a decade and the second-deadliest on record behind Sandy Hook. Sen. Chris Murphy (D-Conn.) – who filibustered for 15 hours for stricter gun laws following the Sandy Hook massacre – took to the Senate floor to implore Republicans to work together to address mass shootings. In the decade since Sandy Hook, gun laws in the U.S. have not changed much despite repeated school shootings.
Voters in the Georgia Republican primary rebuked former President Donald Trump, giving victories to Gov. Brian Kemp and Secretary of State Brad Raffensperger despite Trump’s efforts to remove them. In Arkansas, Sarah Huckabee Sanders received a boost from the former president, easily winning the Republican primary for governor. Alabama’s Republican Senate primary will head to a runoff between Rep. Mo Brooks (R-Ala.) and Katie Britt as none of the candidates were able to win more than 50% of the vote. Two top Republican candidates for governor in Michigan could be disqualified for forging thousands of signatures submitted by their campaigns.
The cost of owning a car continues to rise as gas prices struck another record high, reaching an average of $4.59 per gallon. Every state’s average now sits above $4. Gas prices have consistently hit new records since May 10. Prices at nine gas stations in California surpassed the federal minimum wage as consumers in the state pay more on average for gas than drivers in any other state. The average age of cars on U.S. roads is just over 12 years as supply chain issues force automakers to slow or stop production. The vehicle shortage pushed the average price for used cars to 23% and new cars to 13% from the year before.
An independent investigative report uncovered 20 years of sexual abuse in the Southern Baptist Church, sending shockwaves through the nation’s largest Protestant denomination. The church’s executive committee ordered the investigation after delegates overwhelmingly voted for it last summer. The president of the Southern Baptist Convention called the independent report “long overdue,” saying the rumors were “always out there.” Leaders of the church announced they will release a list of the ministers accused and apologized for failing to address past allegations.
Pfizer announced plans to sell its patented drugs and vaccines at cost in up to 45 lower-income countries in one of the most comprehensive drug-access programs announced by a large pharmaceutical manufacturer. The program will launch in five African countries with 23 drugs for various conditions and will eventually cover everything in Pfizer’s portfolio. In a recent interview, Pfizer’s CEO warned growing complacency about COVID-19 will cost lives and lead to “constant waves” of coronavirus variants and deaths.
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Executive Leadership BriefingBy Turbine Labs