After years of enduring spiralling operating costs Canada's oil and gas industry is being hit by price deflation, as producers push to share the pain of low crude prices with contractors, service providers and suppliers Lower costs have eased some of the bite from slumping oil prices for producers who have seen profit dive over the last six months. But there is no silver lining for the hundreds of oilfield service providers - ranging from drillers to well service firms to trucking companies - that are having to jostle for business by dropping prices and renegotiating contracts.