Podcast: Taft – The Growth of This Community Proves the Oil Industry is Still Thriving in California

Welcome to the Capital Rivers Connect – California Edition podcast! If you’re curious about how communities in the Golden State are investing in their local economy to enhance the prosperity and quality of life for residents and business owners, then this podcast is for you. Through engaging interviews with economic development leaders, entrepreneurs, and stakeholders, the podcast showcases innovative initiatives and success stories driving economic growth and revitalization across California.

Regardless of what you hear about clean energy, the fact is that oil is still the main ingredient in many consumer products we enjoy every day. That’s where Taft, California comes in: Situated at the convergence of two major oil fields, with access to the state’s major rail and highways, Taft is enjoying a resurgence and seeking retailers to serve this growing community. Capital Rivers CEO Greg Aguirre and his team are very familiar with this area, having fought for the development of a Grocery Outlet. Greg invites Taft Director of Planning and Development Mark Staples to highlight the opportunities available.

Despite not being commonly associated with oil production, Taft has made remarkable contributions to California’s energy landscape. The Midway and Sunset Oil Fields, located near Taft, have collectively produced close to 3 billion barrels of crude oil, showcasing the town’s significance within the industry.

Taft proudly celebrates its oil heritage through the annual Oil Dorado Festival. This vibrant event brings together locals and visitors to honor Taft’s history, featuring live music, art exhibitions, historical tours, and mouthwatering food. While maintaining its connection to the oil industry, Taft also embraces other economic activities, offering visitors a chance to explore its charming downtown, visit museums, and enjoy the surrounding natural beauty.

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