Steve's barking; rising energy exploration raises all in the economy?

The saying goes, rising tide raises all boats.
Rising energy exploration raises all in the economy.
Is that a true?
Well it certainly helped in the Reagan years. Probably was one of the main reason we had a brief recession.
Russia seemed to be having real economic problems until they started selling gas and oil.
Even the US today things would be a lot bleaker if it wasn't for gas explorations in the east and in the Dakotas. Think of all the prefab homes that have to be built in other parts of the country. think of all that money that is be spent on drilling equipment from other parts of the country. Think of all that money that's now being spent on cars that are made in other parts of the country.

I was wondering to myself why aren't things worse then what they are, perhaps it's due to energy exploration, perhaps not?