Reducing 12 volts DC to 1.5 volts

I know there's a few electrickery geniuses here so I was hoping one of you might be able to help. I'm trying to make up some warning lights for the mutant (an ignition "on" light, a neutral light and an oil pressure warning light) and was hoping to use LEDs. I need to supply about 1.5 volts to the positive side of the LEDs and use the switches (ignition, neutral and oil pressure) to complete the circuit to earth, so .....
I believe I can reduce 12 volts to 1.5 volts using a big-arsed resistor (I guess ohms law will help me calculate exactly which one) and I've read about using a zenner diode (presumably reversed???) as a voltage regulator, but if any of you geniuses have a simple solution or can confirm or deny the usefulness of either of these solutions I'd be very appreciative.
Cheers,
Dave
I believe I can reduce 12 volts to 1.5 volts using a big-arsed resistor (I guess ohms law will help me calculate exactly which one) and I've read about using a zenner diode (presumably reversed???) as a voltage regulator, but if any of you geniuses have a simple solution or can confirm or deny the usefulness of either of these solutions I'd be very appreciative.
Cheers,
Dave