I work for one of the largest energy companies in the world at one of their Appalachian business units where we drill for natural gas. It's a VERY tough time for the industry with thousands losing their jobs, small companies going bankrupt, large companies putting major capital projects on hold (or cancelling altogether) and the constant fight to keep the doors open. Oil is the lifeblood of major energy companies and will continue to be for quite a long time. The price of oil is very cyclical. It tends to go up and down in 12-18 year stints. It was extremely low in the late 90's and early 2000's, rose to record levels in the late 2000's and is now back down to record levels again. The economy of the United States follows a similar pattern. As goes oil, so goes the economy. "Experts" are predicting oil to be back up in the $50-55 range by the end of this year and to surpass $60 early in 2017. Nobody knows exactly what's going to happen, but I feel extremely fortunate to work for a large company who has the capital and ability to weather this storm.