I have several cousins that work in the oilfield industry and they aren't being laid off, they are actually working overtime drilling more locations and re-opening the closed pumping sites that were shut down during the 1980's to preserve our oil in the ground for future needs. There is also a boom in a northern state of one of the Dakota's that is drilling like mad there and hiring new oilfield workers. My neighbor's son in law took a job up north in the Dakota's drilling for oil. He makes more money there than he did here in the south working on a drilling rig.
Also, here is an article that helps us to understand why gas prices are falling :
http://www.huffingtonpost.com/2014/1...n_6062056.html
ETA: gas here East of Dallas an hour is 2.13/gal and dropping everyday.