Editing Los Gatos, California (section)

===Oil boom===
[[File:USA-Los Gatos-2-8 North Santa Cruz Avenue.jpg|thumb|left|Historic Los Gatos bank, built 1931]]
Between 1891 and 1929, about 20 oil wells were drilled in and around Los Gatos, starting a minor oil-drilling boom.<ref name=Stanley1>{{cite book|last1=Stanley|first1=Richard G.|title=Subsurface and Petroleum Geology of the Southwestern Santa Clara Valley ("Silicon Valley"), California|date=2002|publisher=[[U.S. Geological Survey]], [[U.S. Department of the Interior]]|location=[[Washington, D.C.]]|page=1|url=https://books.google.com/books?id=rFRd3wtOWcoC&q=los%20gatos%20oil%20boom&pg=PA1|access-date=October 23, 2015|display-authors=etal|isbn=9780607986983}}</ref> About 1861, small
amounts of oil were discovered in streams, springs, and water
wells in the Santa Cruz Mountains in the vicinity of Moody
Gulch, about {{convert|6.5|km|mi|0|sp=us|order=flip}} south of the Los Gatos Post Office.<ref name=Stanley15>{{cite book|last1=Stanley|first1=Richard G.|title=Subsurface and Petroleum Geology of the Southwestern Santa Clara Valley ("Silicon Valley"), California|date=2002|publisher=[[U.S. Geological Survey]], [[U.S. Department of the Interior]]|location=[[Washington, D.C.]]|page=15|url=https://books.google.com/books?id=rFRd3wtOWcoC&q=los%20gatos%20oil%20boom&pg=PA15|access-date=October 23, 2015|display-authors=etal|isbn=9780607986983}}</ref> An intense search for oil ensued,
resulting in the drilling of many wells and establishment of
the Moody Gulch oil field.<ref name=Stanley15/><ref>{{cite book|last1=Krueger|first1=Max|title=Moody Gulch Oil Field, in Geologic Formations and Economic Development of the Oil and Gas Fields of California|date=1943|publisher=State of California Dept. of Natural Resources Division of Mines, Bulletin 118|location=San Francisco|page=477}}</ref> The
Moody Gulch oil field, however, never met expectations, and
it was abandoned sometime around 1938 after producing a total of about {{convert|98000|oilbbl|m3}} of oil
and {{convert|44|e6ft3|e6m3|abbr=unit}} of gas.<ref name=Stanley15/> In 1891, one of the Moody Gulch drillers, R.C.
McPherson, found oil in a well along San Jose Road (now Los
Gatos Boulevard) in the Santa Clara Valley flatlands, about {{convert|3|km|mi|sp=us|order=flip}} northeast of the Los Gatos Post Office.<ref name=Stanley15/> Although commercial production was never established, small amounts of oil
were produced for use as fuel, lubricant, and road tar by local
residents.<ref name=Stanley15/>