The oil market is finally starting to make sense

Andrew Burton/Getty Companies that provide oil and gas drilling services had to lower pricesfor their clients during the most recent oil crash. Some oilfield-services providers lowered prices for offshore drilling by as much as 50%, towards levels that would have made their businesses unprofitable, according to Reuters. But now, drilling prices are starting to stabilize and recover. "It appears that the pricing for drilling oil and gas wells has begun to rationalize,"said John LaForge, the head ...