Report says South Dakota unlikely to have major oil boom - KSFY News - Sioux Falls, SD News, Weather, Sports

Report says South Dakota unlikely to have major oil boom

Posted: Updated:

PIERRE, S.D. (AP) - A study done by Gov. Dennis Daugaard's office says South Dakota will not experience a boom in oil production like the one now occurring in North Dakota.

The study concludes that the most likely scenario is for South Dakota's oil production to remain steady at 1.6 million barrels of oil a year. Even under the most optimistic scenario, South Dakota production will rise only to 6.5 million barrels a year a decade from now.

In contrast, North Dakota last year produced 152 million barrels of oil.

Officials from the governor's office presented their study to a legislative committee that is also studying the possibility of increased oil production in South Dakota and possible impacts on the state. The lawmakers are considering changes in state laws dealing with oil production.








(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • Home for Austin one step closer to completion

    Home for Austin one step closer to completion

    Thursday, July 24 2014 11:31 PM EDT2014-07-25 03:31:44 GMT
    Austin Coffee’s arms and legs were amputated when he was just three years old to save him from a rare form of Meningitis. Thursday, the now seven-year-old is getting ready to move into a new house built especially for him.More >>
    Austin Coffee’s arms and legs were amputated when he was just three years old to save him from a rare form of Meningitis. Thursday, the now seven-year-old is getting ready to move into a new house built especially for him.More >>
  • Watering restrictions in effect for Brandon

    Watering restrictions in effect for Brandon

    Thursday, July 24 2014 11:28 PM EDT2014-07-25 03:28:27 GMT
    Starting Thursday, neighbors in Brandon will be under a water restriction. Those with even-number addresses can water on even-number days and those with odd-number addresses can water on odd-number days.  Watering is prohibited between 10 a.m. and 6 p.m. Starting Thursday, neighbors in Brandon will be under a water restriction. Those with even-number addresses can water on even-number days and those with odd-number addresses can water on odd-number days. Watering is prohibited between 10 a.m. and 6 p.m.
    Starting Thursday, neighbors in Brandon will be under a water restriction. Those with even-number addresses can water on even-number days and those with odd-number addresses can water on odd-number days.  Watering is prohibited between 10 a.m. and 6 p.m. for everyone. More >>
    Starting Thursday, neighbors in Brandon will be under a water restriction. Those with even-number addresses can water on even-number days and those with odd-number addresses can water on odd-number days.  Watering is prohibited between 10 a.m. and 6 p.m. for everyone. More >>
  • Avera Medical Minute AMcK: Raising the standard of cancer care

    Avera Medical Minute AMcK: Raising the standard of cancer care

    Thursday, July 24 2014 11:14 PM EDT2014-07-25 03:14:28 GMT
    It's a fair bet that cancer has touched your life. Whether it's you personally or through a friend or a loved one. While the diagnosis can be crushing, it's not a defeat. With each day, medicines and tools are getting better.More >>
    It's a fair bet that cancer has touched your life. Whether it's you personally or through a friend or a loved one. While the diagnosis can be crushing, it's not a defeat. With each day, medicines and tools are getting better.
    More >>
  • Prosecutor: Doctor fires back at hospital gunman who killed one

    Prosecutor: Doctor fires back at hospital gunman who killed one

    Thursday, July 24 2014 9:40 PM EDT2014-07-25 01:40:00 GMT
    A psychiatrist who was grazed by gunfire from a patient at a hospital on Thursday helped stop the patient by apparently using his own weapon to shoot and wound him, but not before a caseworker was killed, authorities said.More >>
    A psychiatrist who was grazed by gunfire from a patient at a hospital on Thursday helped stop the patient by apparently using his own weapon to shoot and wound him, but not before a caseworker was killed, authorities said.More >>
  • Officials: ISIS blows up Jonah's tomb in Iraq

    Officials: ISIS blows up Jonah's tomb in Iraq

    Thursday, July 24 2014 9:38 PM EDT2014-07-25 01:38:55 GMT
    If you blink during the video, you might miss the moment Jonah's tomb in Mosul, Iraq, explodes. The first few frames show the revered shrine towering over its landscape. There's a sudden burst of dust, fire and smoke. Then, nothing.More >>
    If you blink during the video, you might miss the moment Jonah's tomb in Mosul, Iraq, explodes. The first few frames show the revered shrine towering over its landscape. There's a sudden burst of dust, fire and smoke. Then, nothing.
    More >>
  • Prep work begins for fence installation at Van Eps Park

    Prep work begins for fence installation at Van Eps Park

    Thursday, July 24 2014 7:25 PM EDT2014-07-24 23:25:53 GMT
    Van Eps park has seen a lot of activity the past few weeks. Many have complained about people hanging out and drinking in the park. Thursday, the park was busy with construction equipment.More >>
    Van Eps park has seen a lot of activity the past few weeks. Many have complained about people hanging out and drinking in the park. Thursday, the park was busy with construction equipment.More >>
  • Joseph Patterson pleads not guilty while arraigned for alleged attack on ex-girlfriend

    Joseph Patterson pleads not guilty while arraigned for alleged attack on ex-girlfriend

    Thursday, July 24 2014 3:16 PM EDT2014-07-24 19:16:55 GMT
    Joseph Patterson has been arraigned on his indictment for charges stemming from his alleged assault and attack on his former girlfriend.More >>
    Joseph Patterson has been arraigned on his indictment for charges stemming from his alleged assault and attack on his former girlfriend.More >>
  • RAGBRAI rider from Sioux City dies in Mason City

    RAGBRAI rider from Sioux City dies in Mason City

    Thursday, July 24 2014 1:48 PM EDT2014-07-24 17:48:39 GMT
    A RAGBRAI participant from Sioux City has been found dead in his tent in Mason City in the second death during the weeklong bicycling event.More >>
    A RAGBRAI participant from Sioux City has been found dead in his tent in Mason City in the second death during the weeklong bicycling event.More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KSFY. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service or our EEO Report.