Editing Jay, Florida (section)

==Industry==
Jay is a farming community, with cotton, soybeans, peanuts and hay being major crops. A small group of farmers began a livestock market there in 1940, with sales reaching $1 million within 10 years, but the market closed near the turn of the century.<ref>{{Cite web |title=Long Abandoned Jay Livestock Market Could See New Life |url=http://www.northescambia.com/2014/04/long-abandoned-jay-livestock-market-could-see-new-life |access-date=July 28, 2023 |archive-date=July 28, 2023 |archive-url=https://web.archive.org/web/20230728194737/http://www.northescambia.com/2014/04/long-abandoned-jay-livestock-market-could-see-new-life |url-status=live }}</ref>

Oil was discovered in Jay in 1970. The [[Environment of Florida#Oil and Gas Exploration|Jay oilfield]] has approximately 67 oil wells - eleven within the town limits. Royalties from the oil have exceeded $400 million that funded a new city hall, fire department and recreation complex.<ref>{{Cite web |title=The Town of Jay, Florida |url=https://www.townofjayfl.com/ |website=TownOfJayFL.com |access-date=September 5, 2024 |archive-date=September 5, 2024 |archive-url=https://web.archive.org/web/20240905085013/https://www.townofjayfl.com/ |url-status=live }}</ref> Jay is also the site of the Jay oil field, which has produced over 330 million barrels since its discovery in 1970, but is now toward the end of its producing life. A small refinery is located off [[Florida State Road 4|State Road 4]]. The refinery has had several owners since the 1970s—[[ExxonMobil]] sold the refinery to Quantum Resources Management LLC [https://web.archive.org/web/20081220155048/http://www.quantumep.com/content.cfm?parentid=173&currentID=1940 Quantum Energy Partners : Quantum Resources, LP] March 2004. In January 2009, Quantum announced that they were ceasing production at the facility due to poor economics, and has terminated roughly half of the plant employees. Quantum resumed production shortly thereafter when oil prices increased.{{citation needed|date=March 2023}}