Gas is 1.89 in my area, what are the ripple effects of this era of cheap gas in America?

[2Ultra]

Gas is currently $1.78/gallon and falling here. It needs to be below $1.00 a gallon IMHO. Ripple effects are people spending money elsewhere , and the economy recovering thank goodness.  Also, since most air travel expense is from fuel prices maybe plane tickets will go down too!  :)