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From Farm to Oil and Back: The Journey of Jenks |
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| Date Added: November 04, 2010 09:20:55 PM | |
| Author: Katie Armour | |
| Category: Business & Economy | |
Like most places, Jenks in Oklahoma started out from humble beginnings. Jenks was originally a route between two other prosperous districts namely Midland Valley Railroad and the Midland Valley Townsite. Later on these companies decided to establish a community on the said route because of its potential. Its location along the railroad and its proximity to the Arkansas River made it ideal for commerce. On the onset, the town’s development largely credits its agricultural enterprise for its economy. It had farmlands that steadily supplied its local residents with the needed food. This provided the town with the needed stability, critical for its independence as an agricultural and commercial district. Its accessibility to the railroad further enhanced the area’s capability to trade with nearby districts. Later on as the railroad systems progressed, it enabled more industries to come into Jenks. By this time, people wanted to come to Jenks for possible work in farms or establish businesses. When people found oil in the area, trade blossomed even further. Construction of various oil tank farms began to take place and Jenks raked in profit. The establishment of these tanks allowed farmers to gain extra income and increased the farm’s value in the market. During the height of its oil production, oil firms provided the locale with the needed revenue. This revenue translated into roads and other infrastructural needs. Moreover, it placed Jenks real estate as a prime property. Residents were able to seek employment from the oil companies. People had a source of income that enabled them to provide for their needs. Because of the oil boom, people wanted to buy houses in Jenks. Oklahoma homes became popular as the state gained the reputation of becoming the world’s oil capital. When the oil industry weakened, Jenks sought to re-establish their agricultural capability. People needed to go back to tilling the farmlands for income. By this time, farmers largely delved on raising livestock and dairy production in their respective farms. The migration of numerous Bulgarian farmers in the area helped in this pursuit as they had farming skills. Jenks real estate value once more gained fame through the quality of the local produce. |
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