The stress on the financial system in the fall of 2007 was significant, but not so significant as to threaten the overall stability of the U.S. economy, although it did lead to the beginning of a recession at the end of 2007.
As long as we find that the energy impact is only temporary ... my guess is that the effects on the overall economy will be fairly modest.
As long as there's not permanent damage to our energy infrastructure, the effects on the overall economy should be fairly modest.
Interest rates are used to achieve overall economic stability.