The Metro: Running near empty. How gas prices are hurting local businesses
Small business consultant Mark Lee discusses what rising gas prices are doing to the corner stores, restaurants, landscapers and pet supply chains he advises across Southeast Michigan — already absorbing tariffs, rising healthcare costs, and an unsettled workforce.
A month ago, gas in Michigan was just under $4 a gallon, and small business owners were already making changes to brace for what was coming.
In the month since, the average price has climbed to nearly five dollars, with some Michigan stations already past it. The squeeze that was just beginning a month ago has settled in. The U.S. and Israel’s war with Iran is in its third month, the Strait of Hormuz remains closed, and Midwest refineries are down.
For the small businesses that anchor metro Detroit, this is one more strain on top of an already heavy stack. Corner stores and landscapers are absorbing higher fuel costs to stay competitive. Restaurants are closing, and analysts say rising gas prices and declining consumer confidence are likely to accelerate the trend.
All of this comes after months of tariffs, rising healthcare premiums, and an unsettled workforce.
Mark Lee runs The Lee Group, where he consults with small businesses across Southeast Michigan. He spoke with Robyn Vincent on The Metro about what another month of pain at the pump is doing to the businesses he advises. Lee is also hosting his 12th annual Small Business Workshop on May 13 at the Corner Ballpark in Detroit — a free, half-day event for local entrepreneurs and business owners navigating exactly this kind of pressure.
Hear the full conversation using the media player above.
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