User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


66° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Conference Prepares Leaders For Oil Boom

May 2, 2012, 9:56 PM by Derek Olson

Conference Prepares Leaders For Oil Boom
SPEARFISH, SD -

Business and government leaders are meeting in Spearfish for a two-day conference on the North Dakota Oil Boom.

"The rest of the country suffered a national recession, but we just skipped it in North Dakota.  It has created jobs, created wealth and created challenges," former North Dakota Department of Commerce Commissioner Shane Goettle said.

The oil boom in the Bakken Formation found many communities unprepared for the influx of workers and equipment.  That's why North Dakota leaders are now sharing the lessons they've learned.

"Plan, plan, plan.  Once you see the first signs of life, once you see the first signs of economic activity coming into the area, it's very important to start the planning right away," Goettle said.

With exploration already starting to take place near Buffalo, many believe it's only a matter of time before South Dakota experiences a boom of its own.

"There's oil there too.  The easy oil is in North Dakota and they're taking that out, but they will come in to South Dakota at some point," Sen. Tom Nelson said.

Not only is the conference informing guests as to what's going on up north, it's emphasizing the importance of open communication.

"We would invite the private sector and the public sector to come up to North Dakota to see how we've addressed some of the challenges.  There's a lot that you can learn from what we've done," Goettle said.

"We're actually going to go up to Williston and meet with some of the leaders in that community in the next couple of weeks just to get a first-hand knowledge as to what's going on in those communities," Spearfish Economic Development Corporation Executive Director Bryan Walker said.

All done with one goal in mind:

"As the footprint of the Bakken expands, we can be ready for those opportunities," Walker said.

Around 160 lawmakers and business leaders were at the two-day conference.

Black Hills Bakken Conference Website

Previous Story

Next Story


Comments







 
Find Local Businesses on KELO Pages!

View business

You may also like

Yankton Teenager Files Discrimination Charges

9/24/2014 3:08 PM

With the help of the ACLU, a Yankton teenager has filed discrimination charges with the U.S. Equal Employment Opportunity Commission. 

Full Story
New Kind Of Pizza Restaurant In Sioux Falls

9/24/2014 10:55 AM

A build-your-own pizza restaurant is in the works in downtown Sioux Falls.  

Full Story
Jimmy John's Says Customers' Card Data Stolen

9/24/2014 4:00 PM

Jimmy John's sandwich chain said Wednesday that it believes customers' credit card data was stolen from 216 of its shops between June and Sept...

Full Story
Latest SF Walmart Lawsuit Dismissed

9/30/2014 11:48 AM

A lawsuit filed by opponents of a south side Sioux Falls Walmart has been dismissed.

Full Story
Chicago Fire Rerouting Travelers In Sioux Falls

9/26/2014 11:25 AM

A fire in Chicago has grounded flights in Sioux Falls and across the country.

Full Story


Events