Plunging Oil Price Fear

[Brandon Cravens]

I would like to hear from other investors in the Houston area about strategies and outlook for 2015 in this climate of of dropping oil prices.  I am fearful unfortunately and I am trying to fight it.

My elders are full of doom and gloom, citing the 80's disaster. I believe prices will rebound next year once reduced investment in development in estabilished fields and increased demand hits the market but that is just my guess.

What are y'all doing to protect yourself while still staying active?