Were High Gas Prices the straw that broke the back of the American Economy?

On top of the mounting War Debt and massive defecit spending, the massive increase in fuel costs what ate up America's extra spending money leading to the collapse of our house of cards?

Okay, the Housing Bubble was bad enough but for a long long time Americans have been living hand to mouth and running up debt, and a sky-high fuel bill Im sure put a huge dent in millions of household budgets.

Any thoughts on almost tripled fuel prices influencing the Economic collapse?