If you've recently noticed that you can fill up your tank without emptying your wallet, it's because gasoline prices have fallen back to their lowest point in over two years: difficult-to-extract oil, like shale, has become much more economically viable. Subsequently, U.S. oil production has rebounded strongly. In 2012, it grew more than in any year in the history of the domestic industry, which began in 1859: Recent projections suggest that the United States will become the world’s biggest oil producer by 2015. So, although energy prices are still ultimately determined by global demand — one of the reasons for the run-up in price prior to 2008 was massively increased demand from developing economies in Asia, particularly China — supply is proving strong enough to keep prices down. While the United States has recovered more strongly from the 2008 crisis than Europe, which is in a longer slump than the Great Depression, the recovery has still been relatively weak. Even as stock prices reach all-time highs,unemployment is still over seven percent, meaning there are over 12 million people who are looking for work who can’t find a job. Industrial production is still below its 2008 level. Goldman Sachs describes falling gas prices as a "favorable tailwind" for the U.S. economy. It’s a tailwind the economy needs, if we're ever going to get a stronger self-sustaining recovery.