Where would we be without low gas prices?

[Potus]

Wages are stagnant, real income has declined in recent years, and each quarter delivers another sign of incoming recession. Things like energy prices declining and other signs of shrinking demand all indicate people are being more frugal in their lives.

The biggest tangible way consumers are "getting a raise" is through the decline in gas prices. If we didn't have this tremendous supply glut, where would we be? What kind of economic implications could rising gas prices have on our likelihood of recession?

My personal feeling is that the decline in gas prices is the largest thing keeping us afloat. Things like food, toilet paper, and other necessary goods have had their prices suppressed by decreased transportation costs. Same goes for more expensive, not-necessary-for-survival goods. This is on top of the increase in take-home pay presented by spending less at the pump.

Where do you think we would be with gas prices closer to the recent average?